Report Update Nov 1, 2024

Belarus - Amino-Resins, Phenolic Resins and Polyurethanes (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights

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Belarus: Amino-Resin Market 2024

Amino-Resin Market Size in Belarus

The Belarusian amino-resin market reduced to $X in 2022, with a decrease of X% 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, however, recorded a prominent expansion. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Amino-Resin Exports

Exports from Belarus

After ten years of growth, shipments abroad of amino-resins, phenolic resins and polyurethanes (in primary forms) decreased by X% to X tons in 2022. Over the period under review, exports, however, saw a significant increase. The growth pace was the most rapid in 2018 when exports increased by X%. The exports peaked at X tons in 2021, and then reduced in the following year.

In value terms, amino-resin exports shrank sharply to $X in 2022. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The exports peaked at $X in 2021, and then contracted markedly in the following year.

Exports by Country

Poland (X tons), Ukraine (X tons) and Latvia (X tons) were the main destinations of amino-resin exports from Belarus, together comprising X% of total exports.

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

In value terms, Ukraine ($X), Poland ($X) and Latvia ($X) were the largest markets for amino-resin exported from Belarus worldwide, together accounting for X% of total exports.

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

Export Prices by Country

The average amino-resin export price stood at $X per ton in 2022, declining by X% against the previous year. Over the period under review, the export price recorded a deep reduction. The pace of growth appeared the most rapid in 2015 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Poland ($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 Latvia (X%), while the prices for the other major destinations experienced a decline.

Amino-Resin Imports

Imports into Belarus

In 2022, the amount of amino-resins, phenolic resins and polyurethanes (in primary forms) imported into Belarus declined to X tons, falling by X% against 2021 figures. In general, imports, however, posted a prominent expansion. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Imports peaked at X tons in 2021, and then shrank in the following year.

In value terms, amino-resin imports contracted dramatically to $X in 2022. Over the period under review, imports, however, posted a prominent expansion. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then contracted rapidly in the following year.

Imports by Country

In 2022, Russia (X tons) constituted the largest amino-resin supplier to Belarus, accounting for a X% share of total imports. Moreover, amino-resin imports from Russia exceeded the figures recorded by the second-largest supplier, Belgium (X tons), fivefold. Hungary (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Russia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Hungary (X% per year).

In value terms, Russia ($X) constituted the largest supplier of amino-resins, phenolic resins and polyurethanes (in primary forms) to Belarus, comprising X% of total imports. The second position in the ranking was taken by Belgium ($X), with an X% share of total imports. It was followed by Hungary, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Hungary (X% per year).

Import Prices by Country

In 2022, the average amino-resin import price amounted to $X per ton, reducing by X% against the previous year. In general, the import price continues to indicate a noticeable decline. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for amino-resins, phenolic resins and polyurethanes (in primary forms) in the world?

The country with the largest volume of amino-resin consumption was the United States, accounting for 45% of total volume. Moreover, amino-resin consumption in the United States exceeded the figures recorded by the second-largest consumer, China, threefold. The third position in this ranking was occupied by India, with a 6.2% share.

What are the largest producers of amino-resins, phenolic resins and polyurethanes (in primary forms) in the world?

The United States constituted the country with the largest volume of amino-resin production, comprising approx. 46% of total volume. Moreover, amino-resin production in the United States exceeded the figures recorded by the second-largest producer, China, threefold. India ranked third in terms of total production with a 6% share.

What are the leading suppliers of amino-resins, phenolic resins and polyurethanes (in primary forms) to Belarus?

In value terms, Russia constituted the largest supplier of amino-resin to Belarus, comprising 52% of total imports. The second position in the ranking was occupied by Belgium, with a 16% share of total imports.

What are the leading importers of amino-resins, phenolic resins and polyurethanes (in primary forms) from Belarus?

In value terms, Ukraine remains the key foreign market for amino-resin exports from Belarus, comprising 51% of total exports. The second position in the ranking was occupied by Latvia, with a 22% share of total exports. It was followed by Poland, with a 20% share.

What is the average export price for amino-resins, phenolic resins and polyurethanes (in primary forms) in Belarus?

In 2021, the average amino-resin export price amounted to $339 per ton, waning by -22.5% against the previous year.

What is the average import price for amino-resins, phenolic resins and polyurethanes (in primary forms) in Belarus?

In 2021, the average amino-resin import price amounted to $709 per ton, growing by 4% against the previous year.

This report provides an in-depth analysis of the amino-resin market 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 20165550 - Urea resins and thiourea resins, in primary forms
Prodcom 20165570 - Melamine resins, in primary forms
Prodcom 20165630 - Amino resins, in primary forms (excluding urea and thiourea resins, melamine resins)
Prodcom 20165650 - Phenolic resins, in primary forms
Prodcom 20165670 - Polyurethanes, in primary forms

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