Report Update Nov 1, 2024

Belarus - Ethylene - Market Analysis, Forecast, Size, Trends and Insights

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Belarus: Ethylene Market 2024

Ethylene Market Size in Belarus

The Belarusian ethylene market dropped to $X in 2021, declining by -8.6% against the previous year. The market value increased at an average annual rate of +2.8% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Ethylene consumption peaked at $X in 2020, and then dropped in the following year.

Ethylene Production in Belarus

In value terms, ethylene production reduced to $X in 2021 estimated in export price. Over the period under review, the total production indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +3.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +6.3% against 2017 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 30%. Ethylene production peaked at $X in 2020, and then contracted in the following year.

Ethylene Exports

Exports from Belarus

In 2021, approx. X tons of ethylene were exported from Belarus; shrinking by -42.9% on 2020. In general, exports showed a deep slump. The growth pace was the most rapid in 2020 with an increase of 47%. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, ethylene exports contracted sharply to $X in 2021. Over the period under review, exports recorded a pronounced decrease. The most prominent rate of growth was recorded in 2017 with an increase of 80%. Over the period under review, the exports attained the maximum at $X in 2020, and then fell dramatically in the following year.

Exports by Country

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

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia stood at -5.5%.

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

From 2012 to 2021, the average annual rate of growth in terms of value to Russia amounted to -4.7%.

Export Prices by Country

In 2021, the average ethylene export price amounted to $X per ton, dropping by -34.6% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 35%. The export price peaked at $X per ton in 2020, and then reduced remarkably in the following year.

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 +0.9% per year.

Ethylene Imports

Imports into Belarus

In 2021, ethylene imports into Belarus stood at X kg, surging by 6.2% against the previous year. Over the period under review, imports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2013 when imports increased by 596%. Imports peaked at X kg in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, ethylene imports expanded markedly to $X in 2021. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 1,020%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Russia (X kg) was the main supplier of ethylene to Belarus, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Russia amounted to +19.0%.

In value terms, Russia ($X) constituted the largest supplier of ethylene to Belarus.

From 2012 to 2021, the average annual growth rate of value from Russia totaled +34.7%.

Import Prices by Country

The average ethylene import price stood at $X per ton in 2021, picking up by 7.3% against the previous year. In general, the import price recorded a strong increase. The most prominent rate of growth was recorded in 2013 an increase of 61% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From 2012 to 2021, the rate of growth in terms of prices for Belgium amounted to +26.5% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ethylene in the world?

China constituted the country with the largest volume of ethylene consumption, accounting for 23% of total volume. Moreover, ethylene consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with a 9% share.

What are the largest producers of ethylene in the world?

China remains the largest ethylene producing country worldwide, comprising approx. 22% of total volume. Moreover, ethylene production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with a 9.3% share.

What are the leading suppliers of ethylene to Belarus?

In value terms, Russia constituted the largest supplier of ethylene to Belarus.

What are the leading importers of ethylene from Belarus?

In value terms, Russia remains the key foreign market for ethylene exports from Belarus.

What is the average export price for ethylene in Belarus?

In 2021, the average ethylene export price amounted to $1,397 per ton, declining by -53.1% against the previous year.

What is the average import price for ethylene in Belarus?

The average ethylene import price stood at $21,841 per ton in 2021, falling by -8.1% against the previous year.

This report provides an in-depth analysis of the ethylene 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 20141130 - Ethylene

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