Belarus: Acrylic Polymer Market 2025

Acrylic Polymer Market Size in Belarus

For the third year in a row, the Belarusian acrylic polymer market recorded growth in sales value, which increased by X% to $X in 2022. Over the period under review, consumption, however, continues to indicate a slight increase. Acrylic polymer consumption peaked in 2022 and is likely to continue growth in the near future.

Acrylic Polymer Exports

Exports from Belarus

In 2022, acrylic polymer exports from Belarus skyrocketed to X tons, rising by X% against the previous year. Over the period under review, exports posted a resilient expansion. The growth pace was the most rapid in 2015 with an increase of X%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, acrylic polymer exports soared to $X in 2022. Overall, total exports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The growth pace was the most rapid in 2015 with an increase of X%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Russia (X tons), Poland (X tons) and Ukraine (X tons) were the main destinations of acrylic polymer exports from Belarus, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for acrylic polymer exported from Belarus were Russia ($X), Poland ($X) and Ukraine ($X), together comprising X% of total exports.

Poland, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average acrylic polymer export price amounted to $X per ton, waning by X% against the previous year. Over the period under review, the export price recorded a noticeable slump. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (X%), while the prices for the other major destinations experienced a decline.

Acrylic Polymer Imports

Imports into Belarus

In 2022, supplies from abroad of acrylic polymers (in primary forms) decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked at X tons in 2021, and then fell slightly in the following year.

In value terms, acrylic polymer imports expanded markedly to $X in 2022. In general, total imports indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

Germany (X tons), Russia (X tons) and France (X tons) were the main suppliers of acrylic polymer imports to Belarus, together accounting for X% of total imports. Poland, Belgium, the Netherlands, Turkey, China, Finland, the UK, Italy, Croatia and Lithuania lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Finland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Germany ($X) and France ($X) were the largest acrylic polymer suppliers to Belarus, together accounting for X% of total imports. Belgium, the Netherlands, Poland, China, the UK, Turkey, Italy, Finland, Croatia and Lithuania lagged somewhat behind, together comprising a further X%.

Turkey, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average acrylic polymer import price stood at $X per ton in 2022, increasing by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. The import price peaked in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Finland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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