MOSCOW (MRC) - Imports of high density polyethylene (HDPE) to Kazakhstan increased to 58,800 tonnes in the first eight months of the year, up 17% compared with the same time a year earlier, as per MRC analysts.
August HDPE imports in Kazakhstan decreased to 6,900 tonnes, compared with 9,400 tonnes in July. The decrease in imports volumes resulted from a significant reduction of export quotas at Russian producers. Total HDPE imports into the country grew to 58,800 tonnes in January - August 2015, compared with 50,400 tonnes year on year.
The main increase in foreign supplies of polyethylene traditionally occurred for the local pipe producers, the geography of supplies also grew.
Structure of HDPE consumption over the period remained practically remained steady: more than 85% from the total imports occurred for the producers of pipe PE.
According to the Statistics Committee of the Republic of Kazakhstan, production of plastic pipes and fittings, rose 25% to 76,600 tonnes in the first eight months of this year.
The second largest consumer sector was the film sector, with the share of about 10% from the total HDPE consumption over the reported period. According to official statistics, production of bags made from PE reached more than 7,300 tonnes in eight months of the year, up 19% year on year.
The main suppliers of HDPE to the local market remained Russian HDPE producers. Their share in total deliveries for the period slightly exceeded 73%. The second and third place in PE deliveries into the local market took producers from South Korea and Uzbekistan. It is also worth noting that in the last few months, Iranian pipe HDPE entered the local market (August deliveries amounted to about 250 tonnes).
MRC