Report Update May 1, 2024

Central Asia - Industrial Stearic Acid - Market Analysis, Forecast, Size, Trends and Insights

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Central Asia: Industrial Stearic Acid Market 2024

Industrial Stearic Acid Market Size in Central Asia

The Central Asian industrial stearic acid market was estimated at $X in 2022, surging by X% against the previous year. Over the period under review, consumption, however, recorded a abrupt descent. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Industrial Stearic Acid Production in Central Asia

In value terms, industrial stearic acid production rose to $X in 2022 estimated in export price. Overall, production, however, faced a abrupt decrease. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Industrial Stearic Acid Exports

Exports in Central Asia

In 2022, the amount of industrial stearic acid exported in Central Asia soared to X tons, growing by X% against 2021. Overall, exports enjoyed a resilient expansion. The growth pace was the most rapid in 2017 when exports increased by X%. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, industrial stearic acid exports soared to $X in 2022. Over the period under review, exports posted a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Kazakhstan represented the key exporting country with an export of about X tons, which finished at X% of total exports. It was distantly followed by Uzbekistan (X tons), mixing up a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Kazakhstan (with a CAGR of X%).

In value terms, Kazakhstan ($X) remains the largest industrial stearic acid supplier in Central Asia, comprising X% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Kazakhstan amounted to X%.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per ton, stabilizing at the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Uzbekistan stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%).

Industrial Stearic Acid Imports

Imports in Central Asia

Industrial stearic acid imports surged to X tons in 2022, rising by X% compared with the previous year's figure. In general, imports recorded significant growth. The pace of growth was the most pronounced in 2017 with an increase of X%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, industrial stearic acid imports surged to $X in 2022. Over the period under review, imports recorded significant growth. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

In 2022, Uzbekistan (X tons) was the largest importer of industrial stearic acid, constituting X% of total imports. It was distantly followed by Kazakhstan (X tons), making up a X% share of total imports.

Uzbekistan was also the fastest-growing in terms of the industrial stearic acid imports, with a CAGR of X% from 2012 to 2022. At the same time, Kazakhstan (X%) displayed positive paces of growth. While the share of Uzbekistan (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Kazakhstan (X p.p.) displayed negative dynamics.

In value terms, Uzbekistan ($X) constitutes the largest market for imported industrial stearic acid in Central Asia, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total imports.

In Uzbekistan, industrial stearic acid imports expanded at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2022, picking up by X% against the previous year. In general, the import price, however, saw a slight setback. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while Uzbekistan stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for industrial stearic acid in Central Asia?

Uzbekistan constituted the country with the largest volume of industrial stearic acid consumption, comprising approx. 97% of total volume. It was followed by Kazakhstan, with a 2.6% share of total consumption.

What are the largest producers of industrial stearic acid in Central Asia?

Uzbekistan constituted the country with the largest volume of industrial stearic acid production, accounting for 100% of total volume.

What are the leading exporters of industrial stearic acid in Central Asia?

In value terms, Kazakhstan remains the largest industrial stearic acid supplier in Central Asia, comprising 73% of total exports. The second position in the ranking was taken by Uzbekistan, with a 27% share of total exports.

What are the leading importers of industrial stearic acid in Central Asia?

In value terms, Uzbekistan constitutes the largest market for imported industrial stearic acid in Central Asia, comprising 79% of total imports. The second position in the ranking was taken by Kazakhstan, with a 19% share of total imports.

What is the average export price for industrial stearic acid in Central Asia?

In 2022, the export price in Central Asia amounted to $2,348 per ton, stabilizing at the previous year.

What is the average import price for industrial stearic acid in Central Asia?

In 2022, the import price in Central Asia amounted to $1,663 per ton, surging by 10% against the previous year.

This report provides an in-depth analysis of the industrial stearic acid market in Central Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20143120 - Industrial stearic acid

Country coverage:

Kazakhstan
Kyrgyzstan
Mongolia
Tajikistan
Turkmenistan
Uzbekistan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Central Asia, split by region and country
Trade (exports and imports) in Central Asia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Kazakhstan
- Kyrgyzstan
- Mongolia
- Tajikistan
- Turkmenistan
- Uzbekistan
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023