Kazakhstan: Market for Plastics in Primary Forms 2024

Market Size for Plastics in Primary Forms in Kazakhstan

The Kazakh plastics in primary forms market was estimated at $X in 2023, approximately equating the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X; afterwards, it flattened through to 2023.

Production of Plastics in Primary Forms in Kazakhstan

In value terms, plastics in primary forms production totaled $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X%. Plastics in primary forms production peaked at $X in 2018; however, from 2019 to 2023, production remained at a lower figure.

Exports of Plastics in Primary Forms

Exports from Kazakhstan

Plastics in primary forms exports from Kazakhstan skyrocketed to X tons in 2023, increasing by X% against the year before. Over the period under review, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. The exports peaked at X tons in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

In value terms, plastics in primary forms exports rose remarkably to $X in 2023. In general, exports showed a modest expansion. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2022 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

Russia (X tons) was the main destination for plastics in primary forms exports from Kazakhstan, with a X% share of total exports. Moreover, plastics in primary forms exports to Russia exceeded the volume sent to the second major destination, China (X tons), more than tenfold. The third position in this ranking was taken by Uzbekistan (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Russia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Uzbekistan (X% per year).

In value terms, Russia ($X) remains the key foreign market for plastics in primary formses exports from Kazakhstan, comprising X% of total exports. The second position in the ranking was held by Kyrgyzstan ($X), with a X% share of total exports. It was followed by Uzbekistan, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Russia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (X% per year) and Uzbekistan (X% per year).

Export Prices by Country

In 2023, the average plastics in primary forms export price amounted to $X per ton, shrinking by X% against the previous year. Overall, export price indicated a modest increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, plastics in primary forms export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2022, and then reduced in the following year.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastics in Primary Forms

Imports into Kazakhstan

After six years of growth, supplies from abroad of plastics in primary formses decreased by X% to X tons in 2023. Over the period under review, total imports indicated perceptible growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2016 indices. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Imports peaked at X tons in 2022, and then reduced modestly in the following year.

In value terms, plastics in primary forms imports shrank slightly to $X in 2023. In general, total imports indicated a mild increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports hit record highs at $X in 2022, and then fell in the following year.

Imports by Country

Russia (X tons), China (X tons) and South Korea (X tons) were the main suppliers of plastics in primary forms imports to Kazakhstan, together comprising X% of total imports. Iran, Germany, Turkey and Uzbekistan lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Iran (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constituted the largest supplier of plastics in primary formses to Kazakhstan, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

From 2012 to 2023, the average annual growth rate of value from Russia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and South Korea (X% per year).

Import Prices by Country

In 2023, the average plastics in primary forms import price amounted to $X per ton, stabilizing at the previous year. Over the period under review, the import price recorded a mild descent. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

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

From 2012 to 2023, 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