Report Update Nov 1, 2024

Belarus - 2,2-Oxydiethanol (Diethylene Glycol, Digol) - Market Analysis, Forecast, Size, Trends and Insights

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Belarus: Market for 2,2-Oxydiethanol (Diethylene Glycol, Digol) 2024

Market Size for 2,2-Oxydiethanol (Diethylene Glycol, Digol) in Belarus

The Belarusian diethylene glycol and digol market skyrocketed to $X in 2021, picking up by 155% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw resilient growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of 2,2-Oxydiethanol (Diethylene Glycol, Digol)

Exports from Belarus

Diethylene glycol and digol exports from Belarus dropped sharply to X tons in 2021, falling by -76.4% compared with the previous year's figure. Over the period under review, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 2,786% against the previous year. As a result, the exports reached the peak of X tons, and then fell dramatically in the following year.

In value terms, diethylene glycol and digol exports declined sharply to $X in 2021. Overall, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 2,269% against the previous year. As a result, the exports attained the peak of $X, and then dropped markedly in the following year.

Exports by Country

Russia (X tons) was the main destination for diethylene glycol and digol exports from Belarus, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia totaled +36.2%.

In value terms, Russia ($X) also remains the key foreign market for X-oxydiethanol (diethylene glycol, digol) exports from Belarus.

From 2012 to 2021, the average annual rate of growth in terms of value to Russia totaled +23.9%.

Export Prices by Country

The average diethylene glycol and digol export price stood at $X per ton in 2021, growing by 3.4% against the previous year. In general, the export price, however, recorded a deep downturn. The pace of growth appeared the most rapid in 2019 when the average export price increased by 56% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the 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 2021, the rate of growth in terms of prices for Russia amounted to -9.0% per year.

Imports of 2,2-Oxydiethanol (Diethylene Glycol, Digol)

Imports into Belarus

In 2021, the amount of X-oxydiethanol (diethylene glycol, digol) imported into Belarus surged to X tons, growing by 70% on the previous year's figure. Over the period under review, imports enjoyed strong growth. The pace of growth appeared the most rapid in 2019 when imports increased by 117% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, diethylene glycol and digol imports soared to $X in 2021. Overall, imports enjoyed a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Russia (X tons) was the main diethylene glycol and digol supplier to Belarus, accounting for a 93% share of total imports. Moreover, diethylene glycol and digol imports from Russia exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Russia stood at +16.1%.

In value terms, Russia ($X) constituted the largest supplier of X-oxydiethanol (diethylene glycol, digol) to Belarus, comprising 92% of total imports. The second position in the ranking was taken by China ($X), with a 6% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Russia totaled +16.0%.

Import Prices by Country

The average diethylene glycol and digol import price stood at $X per ton in 2021, growing by 80% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Russia ($X per ton), while the price for China stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (-0.0%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for 2,2-oxydiethanol (diethylene glycol, digol) in the world?

The countries with the highest volumes of in 2021 were China, Saudi Arabia and Taiwan Chinese), with a combined 58% share of global consumption.

What are the largest producers of 2,2-oxydiethanol (diethylene glycol, digol) in the world?

The country with the largest volume of diethylene glycol and digol production was Saudi Arabia, comprising approx. 39% of total volume. Moreover, diethylene glycol and digol production in Saudi Arabia exceeded the figures recorded by the second-largest producer, Canada, fourfold. Taiwan Chinese) ranked third in terms of total production with a 9.8% share.

What are the leading suppliers of 2,2-oxydiethanol (diethylene glycol, digol) to Belarus?

In value terms, Russia constituted the largest supplier of diethylene glycol and digol to Belarus, comprising 92% of total imports. The second position in the ranking was occupied by China, with a 4.1% share of total imports.

What are the leading importers of 2,2-oxydiethanol (diethylene glycol, digol) from Belarus?

In value terms, Russia remains the key foreign market for diethylene glycol and digol exports from Belarus.

What is the average export price for 2,2-oxydiethanol (diethylene glycol, digol) in Belarus?

In 2021, the average diethylene glycol and digol export price amounted to $635 per ton, stabilizing at the previous year.

What is the average import price for 2,2-oxydiethanol (diethylene glycol, digol) in Belarus?

The average diethylene glycol and digol import price stood at $694 per ton in 2021, rising by 20% against the previous year.

This report provides an in-depth analysis of the market for diethylene glycol and digol in Belarus. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20146333 - 2,2-Oxydiethanol (diethylene glycol, digol)

Country coverage:

Belarus

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Belarus
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023