Kazakhstan: Sodium Triphosphate Market 2024

Sodium Triphosphate Market Size in Kazakhstan

In 2021, after two years of growth, there was decline in the Kazakh sodium triphosphate market, when its value decreased by -4.2% to $X. Overall, the total consumption indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +9.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +11.2% against 2018 indices. Sodium triphosphate consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Sodium Triphosphate Production in Kazakhstan

In value terms, sodium triphosphate production dropped modestly to $X in 2021 estimated in export price. Overall, production saw a mild downturn. The most prominent rate of growth was recorded in 2020 with an increase of 6.5% against the previous year. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Sodium Triphosphate Exports

Exports from Kazakhstan

In 2021, overseas shipments of sodium triphosphate (sodium tripolyphosphates) were finally on the rise to reach X tons after two years of decline. In general, exports, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2018 with an increase of 110% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, sodium triphosphate exports skyrocketed to $X in 2021. Overall, exports, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2018 with an increase of 102% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Russia (X tons), the Dominican Republic (X tons) and Uzbekistan (X tons) were the main destinations of sodium triphosphate exports from Kazakhstan, together comprising 95% of total exports.

From 2012 to 2021, the biggest increases were in the Dominican Republic (with a CAGR of +90.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), the Dominican Republic ($X) and Uzbekistan ($X) constituted the largest markets for sodium triphosphate exported from Kazakhstan worldwide, with a combined 95% share of total exports.

In terms of the main countries of destination, the Dominican Republic, with a CAGR of +97.8%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average sodium triphosphate export price stood at $X per ton in 2021, growing by 18% against the previous year. In general, the export price, however, continues to indicate a noticeable slump. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2021, the highest price was recorded for prices to Uzbekistan ($X per ton) and Ukraine ($X per ton), while the average price for exports to the Dominican Republic ($X per ton) and Russia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+4.0%), while the prices for the other major destinations experienced mixed trend patterns.

Sodium Triphosphate Imports

Imports into Kazakhstan

In 2021, the amount of sodium triphosphate (sodium tripolyphosphates) imported into Kazakhstan skyrocketed to X tons, picking up by 21% on 2020. Overall, imports, however, recorded a deep slump. The most prominent rate of growth was recorded in 2018 when imports increased by 211%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, sodium triphosphate imports soared to $X in 2021. Over the period under review, imports, however, showed a abrupt decrease. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Russia (X tons), Latvia (X tons) and Poland (X tons) were the main suppliers of sodium triphosphate imports to Kazakhstan, together comprising 100% of total imports.

From 2012 to 2021, the biggest increases were in Poland (with a CAGR of +131.9%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest sodium triphosphate suppliers to Kazakhstan were Russia ($X), Latvia ($X) and Poland ($X), with a combined 99% share of total imports.

Poland, with a CAGR of +114.1%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average sodium triphosphate import price stood at $X per ton in 2021, increasing by 66% against the previous year. Overall, the import price posted strong growth. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Poland ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+10.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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