Kazakhstan: Market for Prepared Glues And Other Prepared Adhesives 2024

Market Size for Prepared Glues And Other Prepared Adhesives in Kazakhstan

The Kazakh market for prepared glues and other prepared adhesives soared to $X in 2021, increasing by 58% 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). Over the period under review, the total consumption indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +8.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +43.8% against 2018 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Prepared Glues And Other Prepared Adhesives

Exports from Kazakhstan

In 2021, overseas shipments of prepared glues and other prepared adhesives decreased by -12.9% to X tons, falling for the third year in a row after five years of growth. Over the period under review, exports continue to indicate a slight descent. The growth pace was the most rapid in 2016 when exports increased by 123%. Over the period under review, the exports of reached the peak figure at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, exports of prepared glues and other prepared adhesives dropped rapidly to $X in 2021. Overall, exports saw a drastic downturn. The growth pace was the most rapid in 2014 with an increase of 135% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Kyrgyzstan (X tons) was the main destination for exports of prepared glues and other prepared adhesives from Kazakhstan, with a 99% share of total exports. Moreover, exports of prepared glues and other prepared adhesives to Kyrgyzstan exceeded the volume sent to the second major destination, Russia (X tons), more than tenfold. Mongolia (X tons) ranked third in terms of total exports with a 5.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Kyrgyzstan stood at +48.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-14.1% per year) and Mongolia (+180.1% per year).

In value terms, Kyrgyzstan ($X) remains the key foreign market for prepared glues and other prepared adhesives exports from Kazakhstan, comprising 64% of total exports. The second position in the ranking was taken by Russia ($X), with a 10% share of total exports. It was followed by Mongolia, with a 7.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Kyrgyzstan stood at +47.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-10.3% per year) and Mongolia (+120.3% per year).

Export Prices by Country

In 2021, the average export price for prepared glues and other prepared adhesives amounted to $X per ton, shrinking by -40.7% against the previous year. In general, the export price continues to indicate a abrupt descent. The pace of growth appeared the most rapid in 2017 when the average export price increased by 82%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+4.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Prepared Glues And Other Prepared Adhesives

Imports into Kazakhstan

In 2021, the amount of prepared glues and other prepared adhesives imported into Kazakhstan surged to X tons, growing by 33% against the previous year's figure. In general, total imports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +6.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +18.7% against 2018 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of prepared glues and other prepared adhesives soared to $X in 2021. Over the period under review, imports enjoyed strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the United Arab Emirates (X tons) constituted the largest prepared glues and other prepared adhesives supplier to Kazakhstan, accounting for a approx. 85% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from the United Arab Emirates amounted to +142.7%.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of prepared glues and other prepared adhesives to Kazakhstan.

From 2012 to 2021, the average annual growth rate of value from the United Arab Emirates stood at +119.3%.

Import Prices by Country

The average import price for prepared glues and other prepared adhesives stood at $X per ton in 2021, jumping by 21% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.8%. The import price peaked at $X per ton in 2014; afterwards, it flattened through to 2021.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2021, the rate of growth in terms of prices for Poland amounted to +4.0% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :