Uzbekistan: Acrylic Polymer Market 2024

Acrylic Polymer Market Size in Uzbekistan

The Uzbek acrylic polymer market skyrocketed to $X in 2022, rising by X% against the previous year. Over the period under review, consumption saw a strong increase. Acrylic polymer consumption peaked in 2022 and is likely to see steady growth in the near future.

Acrylic Polymer Production in Uzbekistan

In value terms, acrylic polymer production rose notably to $X in 2022 estimated in export price. Overall, the total production indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Acrylic polymer production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Acrylic Polymer Exports

Exports from Uzbekistan

In 2022, the amount of acrylic polymers (in primary forms) exported from Uzbekistan skyrocketed to X tons, jumping by X% on 2021 figures. In general, exports showed a significant expansion. The growth pace was the most rapid in 2019 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, acrylic polymer exports soared to $X in 2022. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

Tajikistan (X tons), Russia (X tons) and Kyrgyzstan (X tons) were the main destinations of acrylic polymer exports from Uzbekistan, with a combined X% share of total exports. Kazakhstan and Ukraine lagged somewhat behind, together accounting for a further X%.

From 2016 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kazakhstan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

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

Among the main countries of destination, Kazakhstan, with a CAGR of X%, saw the highest rates of growth with regard to 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 2022, the average acrylic polymer export price amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

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

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Acrylic Polymer Imports

Imports into Uzbekistan

In 2022, overseas purchases of acrylic polymers (in primary forms) increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, acrylic polymer imports surged to $X in 2022. In general, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Turkey (X tons), China (X tons) and Russia (X tons) were the main suppliers of acrylic polymer imports to Uzbekistan, together accounting for X% of total imports. South Korea, Lithuania and France lagged somewhat behind, together accounting for a further X%.

From 2017 to 2022, the biggest increases were recorded for Lithuania (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest acrylic polymer suppliers to Uzbekistan were Turkey ($X), China ($X) and Russia ($X), together accounting for X% of total imports. South Korea, Lithuania and France lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Lithuania, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average acrylic polymer import price stood at $X per ton in 2022, waning by X% against the previous year. Over the last five years, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton, and then dropped modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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