Central Asia: Market for Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms 2024

Market Size for Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms in Central Asia

In 2023, after two years of growth, there was decline in the Central Asian market for polyethylene terephthalate and other polyethylene terephthalate in primary forms, when its value decreased by X% to $X. Overall, consumption showed a mild decrease. The level of consumption peaked at $X in 2013; however, from 2014 to 2023, consumption stood at a somewhat lower figure.

Production of Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms in Central Asia

In value terms, production of polyethylene terephthalate and other polyethylene terephthalate in primary forms rose modestly to $X in 2023 estimated in export price. In general, production, however, saw a mild decline. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, production of reached the maximum level at $X in 2013; however, from 2014 to 2023, production failed to regain momentum.

Exports of Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms

Exports in Central Asia

In 2023, overseas shipments of polyethylene terephthalate and other polyethylene terephthalate in primary forms decreased by X% to X tons for the first time since 2017, thus ending a five-year rising trend. In general, exports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2023, the growth of the exports of failed to regain momentum.

In value terms, exports of polyethylene terephthalate and other polyethylene terephthalate in primary forms dropped to $X in 2023. Over the period under review, exports, however, recorded a moderate increase. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, the exports of attained the maximum at $X in 2015; however, from 2016 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

In 2023, Kyrgyzstan (X tons) represented the main exporter of polyethylene terephthalate and other polyethylene terephthalate in primary forms, constituting X% of total exports. It was distantly followed by Uzbekistan (X tons), mixing up a X% share of total exports. Tajikistan (X tons) followed a long way behind the leaders.

Kyrgyzstan was also the fastest-growing in terms of the polyethylene terephthalate and other polyethylene terephthalate in primary forms exports, with a CAGR of X% from 2012 to 2023. Uzbekistan (X%) and Tajikistan (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Kyrgyzstan increased by X percentage points.

In value terms, Kyrgyzstan ($X) remains the largest polyethylene terephthalate and other polyethylene terephthalate in primary forms supplier in Central Asia, comprising X% of total exports. The second position in the ranking was held by Uzbekistan ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value in Kyrgyzstan totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Uzbekistan (X% per year) and Tajikistan (X% per year).

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2023, standing approx. at the previous year. Overall, the export price, however, recorded a pronounced contraction. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Tajikistan ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced a decline in the export price figures.

Imports of Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms

Imports in Central Asia

After seven years of growth, supplies from abroad of polyethylene terephthalate and other polyethylene terephthalate in primary forms decreased by X% to X tons in 2023. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of X%. The volume of import peaked at X tons in 2022, and then reduced slightly in the following year.

In value terms, imports of polyethylene terephthalate and other polyethylene terephthalate in primary forms dropped modestly to $X in 2023. In general, imports showed a perceptible decline. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports of reached the peak figure at $X in 2013; however, from 2014 to 2023, imports failed to regain momentum.

Imports by Country

Uzbekistan (X tons) and Kazakhstan (X tons) represented roughly X% of total imports in 2023. It was distantly followed by Mongolia (X tons), Turkmenistan (X tons) and Kyrgyzstan (X tons), together constituting a X% share of total imports. Tajikistan (X tons) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Turkmenistan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest polyethylene terephthalate and other polyethylene terephthalate in primary forms importing markets in Central Asia were Uzbekistan ($X), Kazakhstan ($X) and Mongolia ($X), with a combined X% share of total imports. Turkmenistan, Kyrgyzstan and Tajikistan lagged somewhat behind, together comprising a further X%.

Turkmenistan, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2023, approximately mirroring the previous year. In general, the import price, however, showed a pronounced downturn. The most prominent rate of growth was recorded in 2017 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2023, major importing countries recorded the following prices: in Uzbekistan ($X per ton) and Tajikistan ($X per ton), while Turkmenistan ($X per ton) and Kyrgyzstan ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform