Kazakhstan: Market for Polystyrene In Primary Forms (Excluding Expansible Polystyrene) 2025

Market Size for Polystyrene In Primary Forms (Excluding Expansible Polystyrene) in Kazakhstan

The Kazakh polystyrene in primary forms market contracted remarkably to $X in 2021, which is down by -56.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a pronounced decrease. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Exports of Polystyrene In Primary Forms (Excluding Expansible Polystyrene)

Exports from Kazakhstan

In 2021, shipments abroad of polystyrene in primary forms (excluding expansible polystyrene) decreased by -16.4% to X tons, falling for the second year in a row after eight years of growth. In general, exports saw a mild setback. The most prominent rate of growth was recorded in 2019 with an increase of 86% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, polystyrene in primary forms exports skyrocketed to $X in 2021. Overall, exports, however, recorded noticeable growth. The growth pace was the most rapid in 2019 when exports increased by 98% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Russia (X tons) was the main destination for polystyrene in primary forms exports from Kazakhstan, with a 90% share of total exports. Moreover, polystyrene in primary forms exports to Russia exceeded the volume sent to the second major destination, Kyrgyzstan (X tons), ninefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia amounted to -2.5%.

In value terms, Russia ($X) remains the key foreign market for polystyrene in primary forms (excluding expansible polystyrene) exports from Kazakhstan, comprising 100% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with a 0.2% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Russia totaled +3.0%.

Export Prices by Country

The average polystyrene in primary forms export price stood at $X per ton in 2021, increasing by 40% against the previous year. In general, the export price recorded notable growth. The growth pace was the most rapid in 2020 when the average export price increased by 75% against the previous year. The export price peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Kyrgyzstan stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+5.7%).

Imports of Polystyrene In Primary Forms (Excluding Expansible Polystyrene)

Imports into Kazakhstan

In 2021, imports of polystyrene in primary forms (excluding expansible polystyrene) into Kazakhstan contracted notably to X tons, shrinking by -67.6% against the previous year. Over the period under review, imports recorded a noticeable curtailment. The pace of growth appeared the most rapid in 2014 when imports increased by 63%. Over the period under review, imports reached the maximum at X tons in 2020, and then dropped significantly in the following year.

In value terms, polystyrene in primary forms imports contracted significantly to $X in 2021. In general, imports saw a deep reduction. The most prominent rate of growth was recorded in 2014 when imports increased by 44%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Russia (X tons) constituted the largest polystyrene in primary forms supplier to Kazakhstan, with a 65% share of total imports. Moreover, polystyrene in primary forms imports from Russia exceeded the figures recorded by the second-largest supplier, Iran (X tons), twofold. Uzbekistan (X tons) ranked third in terms of total imports with a 3.8% share.

From 2012 to 2021, the average annual growth rate of volume from Russia stood at -1.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (+68.6% per year) and Uzbekistan (0.0% per year).

In value terms, Russia ($X) constituted the largest supplier of polystyrene in primary forms (excluding expansible polystyrene) to Kazakhstan, comprising 71% of total imports. The second position in the ranking was taken by Iran ($X), with an 18% share of total imports. It was followed by Uzbekistan, with a 4.1% share.

From 2012 to 2021, the average annual growth rate of value from Russia totaled -2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (+58.2% per year) and Uzbekistan (0.0% per year).

Import Prices by Country

The average polystyrene in primary forms import price stood at $X per ton in 2021, rising by 65% against the previous year. In general, the import price, however, continues to indicate a slight setback. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for Iran ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+2.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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