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 notably to $X in 2023, surging by X% against the previous year. The market 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. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2023, consumption stood at a somewhat lower figure.

Production of Prepared Glues And Other Prepared Adhesives in Central Asia

In value terms, production of prepared glues and other prepared adhesives expanded significantly to $X in 2023 estimated in export price. The total production 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, production decreased by X% against 2021 indices. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, production of hit record highs at $X in 2018; however, from 2019 to 2023, production stood at a somewhat lower figure.

Exports of Prepared Glues And Other Prepared Adhesives

Exports in Central Asia

Exports of prepared glues and other prepared adhesives surged to X tons in 2023, with an increase of X% on 2022 figures. Over the period under review, exports showed resilient growth. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports of attained the peak figure in 2023 and are expected to retain growth in years to come.

In value terms, exports of prepared glues and other prepared adhesives skyrocketed to $X in 2023. In general, exports saw a remarkable increase. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports of hit record highs in 2023 and are expected to retain growth in the immediate term.

Exports by Country

In 2023, Kyrgyzstan (X tons) and Kazakhstan (X tons) represented the key exporters of prepared glues and other prepared adhesives in Central Asia, together constituting X% of total exports. It was distantly followed by Uzbekistan (X tons), making up a X% share of total exports.

From 2012 to 2023, the biggest increases were recorded for Kyrgyzstan (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the largest prepared glues and other prepared adhesives supplying countries in Central Asia were Kazakhstan ($X), Uzbekistan ($X) and Kyrgyzstan ($X), together accounting for X% of total exports.

Among the main exporting countries, Kyrgyzstan, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2023, jumping by X% against the previous year. Overall, the export price, however, recorded a noticeable slump. The growth pace was the most rapid in 2017 when the export price increased by X%. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while Kyrgyzstan ($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 mixed trends in the export price figures.

Imports of Prepared Glues And Other Prepared Adhesives

Imports in Central Asia

In 2023, imports of prepared glues and other prepared adhesives in Central Asia soared to X tons, rising by X% compared with the year before. In general, imports saw a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. The volume of import peaked in 2023 and is likely to continue growth in the immediate term.

In value terms, imports of prepared glues and other prepared adhesives rose notably to $X in 2023. Overall, imports posted a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of import peaked in 2023 and is likely to see steady growth in the near future.

Imports by Country

In 2023, Mongolia (X tons) and Uzbekistan (X tons) were the major importers of prepared glues and other prepared adhesives in Central Asia, together constituting X% of total imports. It was distantly followed by Kazakhstan (X tons) and Kyrgyzstan (X tons), together making up a X% share of total imports. Tajikistan (X tons) and Turkmenistan (X tons) followed a long way behind the leaders.

From 2012 to 2023, 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, the largest prepared glues and other prepared adhesives importing markets in Central Asia were Uzbekistan ($X), Kazakhstan ($X) and Mongolia ($X), with a combined X% share of total imports.

Uzbekistan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of 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, reducing by X% against the previous year. In general, the import price showed a pronounced decline. The most prominent rate of growth was recorded in 2022 an increase of X%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2023, import prices remained at a lower figure.

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 2023, 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.

Source: IndexBox Platform