Kazakhstan looks to localize production of household chemicals
Baku, Azerbaijan, Dec.13
By Nigar Guliyeva - Trend:
Kazakhstan has recorded growth in production of detergents following a long period of decline. During the 10 months of 2017, the output reached 4,200 tons, which is 10 percent compared to the same period in 2016, energyprom.kz reports.
The figure for January-October of 2016 was 8.6 percent below than in the same period of 2015.
Despite the growth in production, the share of Kazakh producers in the market is too small - only 4.2 percent in the three quarters of 2017. The imports, however, covered 95.8 percent of demand, compared to 95.6 percent in the same period last year.
A growth is also observed in demand, as the sales of detergents in the domestic market increased by 23.2 percent during the year.
The situation with soap production is similar, as the output volumes increased by 35.1 percent in January-September compared to the same period of 2016, but this is still only 22.9 percent of the demand.
The domestic demand increased by 17.3 percent during the year.
The high volume of import also pressures prices. So, for example, with an average rise in price of non-food products by 9.2 percent a year, the price for toilet soap in November in stores and bazaars rose by 10.2 percent year-on-years.
However, the price for washing powder cost 410 tenge per half-kilogram package - only 4.6 percent more than a year earlier.
The official exchange rate for Dec. 13 is 334.85 KZT / USD.