Uzbekistan: Abs Copolymers Market 2024

Abs Copolymers Market Size in Uzbekistan

In 2021, after five years of growth, there was significant decline in the Uzbek ABS copolymers market, when its value decreased by -13.9% to $X. Overall, the total consumption indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +10.7% 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 +52.6% against 2015 indices. Consumption peaked at $X in 2020, and then declined in the following year.

Abs Copolymers Production in Uzbekistan

In value terms, ABS copolymers production contracted remarkably to $X in 2021 estimated in export price. Over the period under review, the total production indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +10.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +26.9% against 2019 indices. The most prominent rate of growth was recorded in 2013 with an increase of 73%. Over the period under review, production hit record highs at $X in 2020, and then contracted notably in the following year.

Abs Copolymers Exports

Exports from Uzbekistan

In 2021, approx. X tons of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms were exported from Uzbekistan; therefore, remained relatively stable against the previous year. Over the period under review, exports, however, recorded a significant decline. Over the period under review, the exports reached the peak figure at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, ABS copolymers exports soared to $X in 2021. Overall, exports enjoyed notable growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Kazakhstan (X tons) was the main destination for ABS copolymers exports from Uzbekistan, accounting for a approx. 100% share of total exports.

From 2018 to 2021, the average annual growth rate of volume to Kazakhstan was relatively modest.

In value terms, Kazakhstan ($X) emerged as the key foreign market for acrylonitrile-butadiene-styrene (abs) copolymers in primary forms exports from Uzbekistan.

From 2018 to 2021, the average annual rate of growth in terms of value to Kazakhstan was relatively modest.

Export Prices by Country

In 2021, the average ABS copolymers export price amounted to $X per ton, increasing by 35% against the previous year. Overall, the export price saw a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Kazakhstan.

From 2018 to 2021, the rate of growth in terms of prices for Poland amounted to 0.0% per year.

Abs Copolymers Imports

Imports into Uzbekistan

ABS copolymers imports into Uzbekistan reached X tons in 2021, surging by 4.1% on 2020 figures. Overall, total imports indicated a strong increase from 2017 to 2021: its volume increased at an average annual rate of +18.3% over the last four-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -1.9% against 2019 indices. The most prominent rate of growth was recorded in 2018 with an increase of 73%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, ABS copolymers imports soared to $X in 2021. In general, imports showed a significant increase. The growth pace was the most rapid in 2018 with an increase of 84% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, South Korea (X tons) constituted the largest supplier of ABS copolymers to Uzbekistan, with a 76% share of total imports. Moreover, ABS copolymers imports from South Korea exceeded the figures recorded by the second-largest supplier, Iran (X tons), eightfold. The third position in this ranking was taken by Thailand (X tons), with a 3.5% share.

From 2017 to 2021, the average annual rate of growth in terms of volume from South Korea stood at +17.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (+29.6% per year) and Thailand (0.0% per year).

In value terms, South Korea ($X) constituted the largest supplier of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms to Uzbekistan, comprising 78% of total imports. The second position in the ranking was held by Iran ($X), with an 8.3% share of total imports. It was followed by Thailand, with a 3.6% share.

From 2017 to 2021, the average annual rate of growth in terms of value from South Korea stood at +22.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (+42.5% per year) and Thailand (0.0% per year).

Import Prices by Country

The average ABS copolymers import price stood at $X per ton in 2021, rising by 43% against the previous year. Over the period from 2017 to 2021, it increased at an average annual rate of +4.6%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, the countries with the highest prices were Thailand ($X per ton) and South Korea ($X per ton), while the price for Iran ($X per ton) and China ($X per ton) were amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was attained by Iran (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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