Central Asia: Market for Prepared Glues And Other Prepared Adhesives 2024

Market Size for Prepared Glues And Other Prepared Adhesives in Central Asia

The Central Asian market for prepared glues and other prepared adhesives rose slightly to $X in 2022, surging by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked in 2022 and is likely to see gradual growth in years to come.

Production of Prepared Glues And Other Prepared Adhesives in Central Asia

In value terms, production of prepared glues and other prepared adhesives fell slightly to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production of growth failed to regain momentum.

Exports of Prepared Glues And Other Prepared Adhesives

Exports in Central Asia

In 2022, overseas shipments of prepared glues and other prepared adhesives increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports posted a strong increase. The growth pace was the most rapid in 2017 with an increase of X%. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, exports of prepared glues and other prepared adhesives surged to $X in 2022. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Kazakhstan represented the major exporting country with an export of around X tons, which accounted for X% of total exports. It was distantly followed by Kyrgyzstan (X tons) and Uzbekistan (X tons), together constituting a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to prepared glues and other prepared adhesives exports from Kazakhstan stood at X%. At the same time, Kyrgyzstan (X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of X% from 2012-2022. By contrast, Uzbekistan (X%) illustrated a downward trend over the same period. While the share of Kyrgyzstan (X p.p.) and Uzbekistan (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Kazakhstan (X p.p.) displayed negative dynamics.

In value terms, Kazakhstan ($X) remains the largest prepared glues and other prepared adhesives supplier in Central Asia, comprising X% of total exports. The second position in the ranking was held by Kyrgyzstan ($X), with an X% share of total exports.

In Kazakhstan, exports of prepared glues and other prepared adhesives expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Kyrgyzstan (X% per year) and Uzbekistan (X% per year).

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the export price continues to indicate a pronounced expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced more modest paces of growth.

Imports of Prepared Glues And Other Prepared Adhesives

Imports in Central Asia

For the sixth consecutive year, Central Asia recorded growth in supplies from abroad of prepared glues and other prepared adhesives, which increased by X% to X tons in 2022. In general, imports showed resilient growth. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, imports of prepared glues and other prepared adhesives surged to $X in 2022. Over the period under review, imports enjoyed strong growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in the immediate term.

Imports by Country

In 2022, Mongolia (X tons) represented the key importer of prepared glues and other prepared adhesives, constituting X% of total imports. It was distantly followed by Uzbekistan (X tons), Kazakhstan (X tons) and Kyrgyzstan (X tons), together generating a X% share of total imports. Tajikistan (X tons) and Turkmenistan (X tons) held a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Mongolia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X), Uzbekistan ($X) and Mongolia ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

Among the main importing countries, Mongolia, 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

In 2022, the import price in Central Asia amounted to $X per ton, growing by X% against the previous year. In general, the import price, however, continues to indicate a noticeable slump. Over the period under review, import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while Mongolia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkmenistan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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