Kazakhstan: Titanium Dioxide Pigments Market 2024

Titanium Dioxide Pigments Market Size in Kazakhstan

The Kazakh titanium dioxide pigments market skyrocketed to $X in 2021, jumping by 44% 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, the total consumption indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +5.7% 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 +35.1% against 2018 indices. Over the period under review, the market attained the peak level in 2021 and is likely to see gradual growth in the near future.

Titanium Dioxide Pigments Exports

Exports from Kazakhstan

For the fifth consecutive year, Kazakhstan recorded growth in overseas shipments of titanium dioxide pigments and colouring preparations, which increased by 33% to X tons in 2021. Over the period under review, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by 1,621%. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in years to come.

In value terms, titanium dioxide pigments exports skyrocketed to $X in 2021. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by 697% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Uzbekistan (X tons), Kyrgyzstan (X tons) and Russia (X tons) were the main destinations of titanium dioxide pigments exports from Kazakhstan, together accounting for 94% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Uzbekistan (with a CAGR of +157.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for titanium dioxide pigments exported from Kazakhstan were Uzbekistan ($X), Kyrgyzstan ($X) and Russia ($X), with a combined 94% share of total exports.

In terms of the main countries of destination, Uzbekistan, with a CAGR of +136.9%, recorded 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

In 2021, the average titanium dioxide pigments export price amounted to $X per ton, increasing by 43% against the previous year. Overall, the export price, however, showed a abrupt decrease. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

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 (-4.8%), while the prices for the other major destinations experienced a decline.

Titanium Dioxide Pigments Imports

Imports into Kazakhstan

In 2021, titanium dioxide pigments imports into Kazakhstan expanded rapidly to X tons, with an increase of 14% on the previous year's figure. In general, total imports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +6.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +69.8% against 2016 indices. The pace of growth was the most pronounced in 2013 when imports increased by 26% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to see steady growth in the near future.

In value terms, titanium dioxide pigments imports skyrocketed to $X in 2021. Over the period under review, total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +40.0% against 2018 indices. The pace of growth appeared the most rapid in 2017 with an increase of 56% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

Russia (X tons), China (X tons) and Germany (X tons) were the main suppliers of titanium dioxide pigments imports to Kazakhstan, together comprising 59% of total imports.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +27.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), China ($X) and Germany ($X) appeared to be the largest titanium dioxide pigments suppliers to Kazakhstan, with a combined 56% share of total imports.

Russia, with a CAGR of +29.9%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average titanium dioxide pigments import price stood at $X per ton in 2021, jumping by 36% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Poland ($X per ton) and Germany ($X per ton), while the price for South Korea ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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