Report Update Nov 1, 2024

Belarus - Ethanal (Acetaldehyde) - Market Analysis, Forecast, Size, Trends and Insights

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Belarus: Ethanal Market 2024

Ethanal Market Size in Belarus

The Belarusian ethanal market expanded slightly to $X in 2022, growing by 1.8% against the previous year. The market value increased at an average annual rate of +2.7% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Ethanal Production in Belarus

In value terms, ethanal production amounted to $X in 2022 estimated in export price. Overall, the total production indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +3.9% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by 20% against the previous year. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Ethanal Exports

Exports from Belarus

After three years of decline, shipments abroad of ethanal (acetaldehyde) decreased by 0% to less than X kg in 2022. Over the period under review, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2018 with an increase of 400% against the previous year. As a result, the exports reached the peak of X kg. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, ethanal exports reduced to $X in 2022. Overall, exports recorded prominent growth. The growth pace was the most rapid in 2018 with an increase of 456%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Russia (X kg) was the main destination for ethanal exports from Belarus, with a approx. 100% share of total exports.

From 2016 to 2019, the average annual growth rate of volume to Russia amounted to +90.0%.

In value terms, Russia ($X) also remains the key foreign market for ethanal (acetaldehyde) exports from Belarus.

From 2016 to 2019, the average annual rate of growth in terms of value to Russia totaled +49.1%.

Export Prices by Country

The average ethanal export price stood at $X per ton in 2019, which is down by -39.3% against the previous year. Over the period under review, the export price showed a sharp slump. The most prominent rate of growth was recorded in 2018 when the average export price increased by 11%. Over the period under review, the average export prices hit record highs at $X per ton in 2016; however, from 2017 to 2019, 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 2016 to 2019, the rate of growth in terms of prices for Russia amounted to -21.5% per year.

Ethanal Imports

Imports into Belarus

In 2022, after two years of growth, there was significant decline in purchases abroad of ethanal (acetaldehyde), when their volume decreased by -34.1% to X kg. Overall, imports, however, recorded significant growth. The growth pace was the most rapid in 2021 when imports increased by 199%. As a result, imports attained the peak of X kg, and then fell rapidly in the following year.

In value terms, ethanal imports reduced sharply to $X in 2022. Over the period under review, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2013 when imports increased by 250%. Imports peaked at $X in 2021, and then fell rapidly in the following year.

Imports by Country

The United States (X kg), Russia (X kg) and Switzerland (X kg) were the main suppliers of ethanal imports to Belarus, together comprising 39% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +51.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest ethanal suppliers to Belarus were the United States ($X), Russia ($X) and Lithuania ($X), together accounting for 64% of total imports. Switzerland, Germany, the UK and Belgium lagged somewhat behind, together accounting for a further 20%.

Germany, with a CAGR of +34.0%, 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 ethanal import price stood at $X per ton in 2022, rising by 17% against the previous year. Overall, the import price, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2013 an increase of 36% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ethanal (acetaldehyde) in the world?

The country with the largest volume of ethanal consumption was China, accounting for 25% of total volume. Moreover, ethanal consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. Pakistan ranked third in terms of total consumption with a 5.5% share.

What are the largest producers of ethanal (acetaldehyde) in the world?

China constituted the country with the largest volume of ethanal production, comprising approx. 25% of total volume. Moreover, ethanal production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was occupied by the United States, with a 5.7% share.

What are the leading suppliers of ethanal (acetaldehyde) to Belarus?

In value terms, the largest ethanal suppliers to Belarus were Russia $297), Germany $184) and Belgium $140), with a combined 56% share of total imports.

What are the leading importers of ethanal (acetaldehyde) from Belarus?

In value terms, Russia $39) remains the key foreign market for ethanal exports from Belarus.

What is the average export price for ethanal (acetaldehyde) in Belarus?

In 2021, the average ethanal export price amounted to $600 per ton, shrinking by -29.6% against the previous year.

What is the average import price for ethanal (acetaldehyde) in Belarus?

In 2021, the average ethanal import price amounted to $160,456 per ton, surging by 11% against the previous year.

This report provides an in-depth analysis of the ethanal 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 20146113 - Ethanal (acetaldehyde)

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
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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