Kazakhstan - Ethylene Glycol (Ethanediol) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingEthylene Glycol Price in Kazakhstan - 2021
Contents:
- Ethylene Glycol Price in Kazakhstan (CIF) - 2022
- Ethylene Glycol Price in Kazakhstan (FOB) - 2022
- Ethylene Glycol Imports in Kazakhstan
- Ethylene Glycol Exports in Kazakhstan
Ethylene Glycol Price in Kazakhstan (CIF) - 2022
In 2022, the average ethylene glycol import price amounted to $1,131 per ton, with a decrease of -2.5% against the previous year. Overall, the import price saw a perceptible downturn. The pace of growth was the most pronounced in 2021 an increase of 54% against the previous year. The import price peaked at $1,597 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($1,250 per ton), while the price for Iran ($996 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (-0.2%), while the prices for the other major suppliers experienced a decline.
Ethylene Glycol Price in Kazakhstan (FOB) - 2022
The average ethylene glycol export price stood at $2,377 per ton in 2022, surging by 58% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average export price increased by 109%. Over the period under review, the average export prices reached the maximum at $2,447 per ton in 2012; afterwards, it flattened through to 2022.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kyrgyzstan ($3,065 per ton), while the average price for exports to Russia ($1,703 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+12.0%), while the prices for the other major destinations experienced mixed trend patterns.
Ethylene Glycol Imports in Kazakhstan
In 2022, approx. 14K tons of ethylene glycol (ethanediol) were imported into Kazakhstan; falling by -6.2% on the previous year's figure. The total import volume increased at an average annual rate of +1.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 24%. As a result, imports attained the peak of 15K tons, and then contracted in the following year.
In value terms, ethylene glycol imports shrank to $16M in 2022. Overall, imports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 90% against the previous year. As a result, imports reached the peak of $17M, and then declined in the following year.
Import of Ethylene Glycol in Kazakhstan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 10.3 | 7.9 | 14.7 | 8.6 | -5.8% |
Iran | N/A | 0.6 | 1.3 | 6.1 | 218.9% |
India | N/A | 0.1 | 0.7 | 0.7 | 164.6% |
Others | 0.4 | 0.3 | 0.3 | 0.1 | -37.0% |
Total | 10.7 | 8.9 | 17.0 | 15.5 | 13.1% |
Top Suppliers of Ethylene Glycol to Kazakhstan in 2022:
- Russia (6.9K tons)
- Iran (6.2K tons)
- India (0.6K tons)
Ethylene Glycol Exports in Kazakhstan
For the fourth consecutive year, Kazakhstan recorded growth in shipments abroad of ethylene glycol (ethanediol), which increased by 89% to 76 tons in 2022. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 246% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, ethylene glycol exports surged to $182K in 2022. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 298%. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Ethylene Glycol in Kazakhstan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Uzbekistan | 1.7 | N/A | N/A | 131 | 325.5% |
Russia | 10.6 | 12.6 | 18.7 | 37.7 | 52.6% |
Kyrgyzstan | 2.4 | 2.7 | 6.1 | 12.9 | 75.2% |
Azerbaijan | N/A | N/A | 36.1 | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 14.7 | 15.3 | 60.9 | 182 | 131.3% |
Top Export Markets for Ethylene Glycol from Kazakhstan in 2022:
- Uzbekistan (50.0 tons)
- Russia (22.1 tons)
- Kyrgyzstan (4.2 tons)
This report provides an in-depth analysis of the ethylene glycol market in Kazakhstan. 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 20142310 - Ethylene glycol (ethanediol)
Country coverage:
- Kazakhstan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kazakhstan
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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