Kazakhstan: Paint And Varnish Market 2025

Paint And Varnish Market Size in Kazakhstan

In 2022, the Kazakh paint and varnish market decreased by -9.6% to $X, falling for the second consecutive year after two years of growth. The market value increased at an average annual rate of +2.3% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Paint And Varnish Production in Kazakhstan

In value terms, paint and varnish production stood at $X in 2022 estimated in export price. Over the period under review, the total production indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.4% against 2020 indices. The growth pace was the most rapid in 2013 when the production volume increased by 39%. Paint and varnish production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Paint And Varnish Exports

Exports from Kazakhstan

In 2022, overseas shipments of paints and varnishes increased by 131% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, paint and varnish exports skyrocketed to $X in 2022. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X tons) was the main destination for paint and varnish exports from Kazakhstan, accounting for a 64% share of total exports. Moreover, paint and varnish exports to Russia exceeded the volume sent to the second major destination, Kyrgyzstan (X tons), twofold. Tajikistan (X tons) ranked third in terms of total exports with a 5.4% share.

From 2012 to 2022, the average annual growth rate of volume to Russia totaled +58.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (+8.3% per year) and Tajikistan (+19.4% per year).

In value terms, Russia ($X) emerged as the key foreign market for paints and varnishes exports from Kazakhstan, comprising 67% of total exports. The second position in the ranking was held by Kyrgyzstan ($X), with an 18% share of total exports. It was followed by Uzbekistan, with a 7.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia totaled +55.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (+12.3% per year) and Uzbekistan (+26.9% per year).

Export Prices by Country

In 2022, the average paint and varnish export price amounted to $X per ton, growing by 37% against the previous year. Overall, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, paint and varnish export price increased by +80.5% against 2018 indices. The pace of growth appeared the most rapid in 2016 when the average export price increased by 40%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while the average price for exports to Tajikistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+7.2%), while the prices for the other major destinations experienced mixed trend patterns.

Paint And Varnish Imports

Imports into Kazakhstan

In 2022, the amount of paints and varnishes imported into Kazakhstan declined to X tons, which is down by -8.7% on the previous year's figure. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 15% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, paint and varnish imports surged to $X in 2022. Over the period under review, total imports indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +87.7% against 2016 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Russia (X tons) constituted the largest paint and varnish supplier to Kazakhstan, with a 64% share of total imports. Moreover, paint and varnish imports from Russia exceeded the figures recorded by the second-largest supplier, Iran (X tons), ninefold. The third position in this ranking was held by Italy (X tons), with a 5.1% share.

From 2012 to 2022, the average annual growth rate of volume from Russia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (+1.9% per year) and Italy (+7.1% per year).

In value terms, Russia ($X) constituted the largest supplier of paints and varnishes to Kazakhstan, comprising 50% of total imports. The second position in the ranking was taken by Italy ($X), with an 8.5% share of total imports. It was followed by Germany, with a 4.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia stood at +1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+10.8% per year) and Germany (+8.9% per year).

Import Prices by Country

In 2022, the average paint and varnish import price amounted to $X per ton, growing by 47% against the previous year. In general, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, paint and varnish import price increased by +60.4% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Iran ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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