Understanding POM Board Pricing in Turkmenistan: Key Insights

30 Sep.,2024

 

Understanding POM (Polyoxymethylene) board pricing in Turkmenistan is essential for manufacturers, distributors, and consumers alike. This comprehensive analysis provides key insights into the factors affecting pricing, market trends, and statistical data relevant to the POM board industry.

Overview of POM Board

POM board, also known as acetal, is a high-performance engineering plastic widely used in applications requiring durability, precision, and dimensional stability. Common industries utilizing POM boards include automotive, aerospace, and consumer goods.

Current Market Trends in Turkmenistan

The demand for POM boards in Turkmenistan has seen a steady increase due to industrial growth and modernization initiatives. According to a report from Japan's Ministry of Economy, Trade and Industry, the global POM board market size was valued at approximately $3.2 billion in 2020, with expectations to reach $4.5 billion by 2025.

Factors Influencing POM Board Pricing

Raw Material Costs

The primary factor in POM board pricing is the cost of raw materials. The price of acetal resin, a key ingredient for POM production, fluctuates based on global petrochemical prices. Reports from the ICIS Chemical Index indicate that acetal resin prices experienced a decline of approximately 15% in 2022, which could lead to competitive pricing for end-users in Turkmenistan.

Manufacturing and Import Costs

Additional costs incurred during manufacturing and importing POM boards to Turkmenistan can influence overall prices. Disruptions in logistics due to global trade tensions and shipping costs can result in price hikes. According to The World Bank, shipping costs rose by more than 200% during the pandemic, which has had lasting effects on the pricing structure of imported goods, including POM boards.

Price Range for POM Boards in Turkmenistan

The average price of POM boards in Turkmenistan varies based on thickness and supplier. Based on data from local suppliers, prices typically range from $5 to $15 per kilogram. For instance, a 1cm thick POM board may sell for around $10 per kilogram, while thicker boards (up to 4cm) can reach prices of $14 to $15 per kilogram.

Statistical Insights

According to an analysis by Plastics News, production capacity for POM in Central Asia, including Turkmenistan, is expected to increase by approximately 20% over the next five years, driven by investments in local manufacturing facilities. This expansion could stabilize prices and reduce reliance on imports.

Market Share Distribution

Currently, about 40% of the POM board market in Turkmenistan is served by local manufacturers, while 60% is imported from countries such as China and Germany. As per Statista, China's share of the global POM board market is around 25%, indicating a significant source of imports for Turkmenistan.

Conclusion

Understanding POM board pricing in Turkmenistan involves considering various factors including raw material costs, manufacturing expenses, and market trends. With continued industrial growth and an increase in local production capacities, price stabilization may be on the horizon. Stakeholders should stay informed about import policies and global trends to make educated purchasing decisions in the evolving POM board market.

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