Kazakhstan: Market for Rosin And Resin Acids And Derivatives 2024

Market Size for Rosin And Resin Acids And Derivatives in Kazakhstan

The Kazakh rosin and resin acids market fell slightly to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption, however, saw a noticeable setback. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Production of Rosin And Resin Acids And Derivatives in Kazakhstan

In value terms, rosin and resin acids production dropped to $X in 2022 estimated in export price. Overall, production, however, saw a noticeable slump. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Rosin and resin acids production peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Exports of Rosin And Resin Acids And Derivatives

Exports from Kazakhstan

In 2022, approx. X tons of rosin and resin acids and derivatives were exported from Kazakhstan; picking up by X% on 2021 figures. Over the period under review, exports, however, continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2019 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, rosin and resin acids exports dropped markedly to $X in 2022. In general, exports, however, recorded a dramatic descent. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then declined dramatically in the following year.

Exports by Country

Russia (X tons) was the main destination for rosin and resin acids exports from Kazakhstan, with a X% share of total exports. Moreover, rosin and resin acids exports to Russia exceeded the volume sent to the second major destination, Uzbekistan (X kg), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (X% per year) and Kyrgyzstan (X% per year).

In value terms, Russia ($X) emerged as the key foreign market for rosin and resin acids and derivatives exports from Kazakhstan, comprising X% of total exports. The second position in the ranking was held by Uzbekistan ($X), with a X% share of total exports.

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

Export Prices by Country

In 2022, the average rosin and resin acids export price amounted to $X per ton, with a decrease of X% against the previous year. In general, the export price faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

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

Imports of Rosin And Resin Acids And Derivatives

Imports into Kazakhstan

Rosin and resin acids imports into Kazakhstan shrank significantly to X tons in 2022, which is down by X% against the year before. In general, imports, however, recorded temperate growth. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, rosin and resin acids imports reduced notably to $X in 2022. Over the period under review, imports saw a deep slump. The pace of growth appeared the most rapid in 2018 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Russia (X tons) was the main supplier of rosin and resin acids to Kazakhstan, accounting for a X% share of total imports. It was followed by Belarus (X tons), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Russia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (X% per year) and China (X% per year).

In value terms, Russia ($X) constituted the largest supplier of rosin and resin acids and derivatives to Kazakhstan, comprising X% of total imports. The second position in the ranking was held by Belarus ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the average rosin and resin acids import price amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the import price faced a abrupt setback. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Belarus ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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