Price for Poly(Lactic Acid); in Primary Forms in Kazakhstan - 2021

Contents:

  1. Price for Poly(Lactic Acid); in Primary Forms in Kazakhstan (CIF) - 2022
  2. Price for Poly(Lactic Acid); in Primary Forms in Kazakhstan (FOB) - 2022
  3. Imports of Poly(Lactic Acid); in Primary Forms in Kazakhstan
  4. Exports of Poly(Lactic Acid); in Primary Forms in Kazakhstan

Price for Poly(Lactic Acid); in Primary Forms in Kazakhstan (CIF) - 2022

The average import price for poly(lactic acid); in primary formses stood at $10,310 per ton in 2022, with an increase of 96% against the previous year. Overall, the import price enjoyed a buoyant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($24,893 per ton), while the price for the United States stood at $10,442 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+20.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Poly(Lactic Acid); in Primary Forms in Kazakhstan (FOB) - 2022

The average export price for poly(lactic acid); in primary formses stood at $1,236 per ton in 2022, reducing by -42.1% against the previous year. In general, the export price showed a deep downturn. The pace of growth was the most pronounced in 2018 when the average export price increased by 193%. As a result, the export price attained the peak level of $9,020 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -8.5% per year.

Imports of Poly(Lactic Acid); in Primary Forms in Kazakhstan

In 2022, purchases abroad of poly(lactic acid); in primary formses decreased by -58.3% to 22 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, enjoyed significant growth. The growth pace was the most rapid in 2020 when imports increased by 7,777% against the previous year. As a result, imports attained the peak of 139 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, poly(lactic acid); in primary forms imports dropped notably to $227K in 2022. In general, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 8,062% against the previous year. As a result, imports attained the peak of $604K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Poly(Lactic Acid); in Primary Forms in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/AN/A1580%
United States5.042216469.1140.0%
Spain0.979.422.0N/A394.4%
Russia1.161.919.2N/A317.8%
EcuadorN/AN/A35.0N/A0%
China0.439.826.4N/A712.4%
OthersN/A0.811.60.2-50.0%
Total7.4604278227213.0%

Top Suppliers of Poly(Lactic Acid); in Primary Forms to Kazakhstan in 2022:

  1. United States (6.6 tons)
  2. Netherlands (6.3 tons)

Exports of Poly(Lactic Acid); in Primary Forms in Kazakhstan

In 2022, after three years of growth, there was significant decline in shipments abroad of poly(lactic acid); in primary formses, when their volume decreased by -55.5% to 2.5 tons. Over the period under review, exports, however, saw notable growth. The pace of growth was the most pronounced in 2021 with an increase of 64% against the previous year. As a result, the exports reached the peak of 5.6 tons, and then declined dramatically in the following year.

In value terms, poly(lactic acid); in primary forms exports declined remarkably to $3.1K in 2022. Overall, exports faced a sharp curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 28% against the previous year. As a result, the exports attained the peak of $12K, and then contracted notably in the following year.

Export of Poly(Lactic Acid); in Primary Forms in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia8.39.412.03.1-28.0%
OthersN/AN/AN/AN/A0%
Total8.39.412.03.1-28.0%

Top Export Markets for Poly(Lactic Acid); in Primary Forms from Kazakhstan in 2022:

  1. Russia (2.5 tons)

Source: IndexBox Market Intelligence Platform

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