Belarus: Market for Finishing Agents Used In The Paper Industry 2024

Market Size for Finishing Agents Used In The Paper Industry in Belarus

In 2022, the Belarusian paper industry finishing agents market was finally on the rise to reach $X after three years of decline. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. Paper industry finishing agents consumption peaked in 2022 and is likely to see steady growth in the immediate term.

Production of Finishing Agents Used In The Paper Industry in Belarus

In value terms, paper industry finishing agents production stood at $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 X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Paper industry finishing agents production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Finishing Agents Used In The Paper Industry

Exports from Belarus

In 2022, after three years of growth, there was significant decline in overseas shipments of finishing agents used in the paper industry, when their volume decreased by X% to X tons. Overall, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2015 when exports increased by X%. The exports peaked at X tons in 2021, and then reduced in the following year.

In value terms, paper industry finishing agents exports soared to $X in 2022. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Russia (X tons), Ukraine (X tons) and Latvia (X tons) were the main destinations of paper industry finishing agents exports from Belarus.

From 2013 to 2022, the biggest increases were recorded for Russia (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for paper industry finishing agents exported from Belarus were Russia ($X), Ukraine ($X) and Latvia ($X).

Among the main countries of destination, Russia, with a CAGR of X%, saw the highest rates of growth with regard to 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 paper industry finishing agents export price stood at $X per ton in 2022, jumping by X% against the previous year. Overall, the export price saw a modest increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Latvia ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Finishing Agents Used In The Paper Industry

Imports into Belarus

For the fourth consecutive year, Belarus recorded growth in overseas purchases of finishing agents used in the paper industry, which increased by X% to X tons in 2022. Overall, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, paper industry finishing agents imports surged to $X in 2022. In general, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Austria (X tons), Russia (X tons) and Ukraine (X tons) were the main suppliers of paper industry finishing agents imports to Belarus, together comprising X% of total imports.

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

In value terms, Austria ($X), Russia ($X) and Ukraine ($X) constituted the largest paper industry finishing agents suppliers to Belarus, together accounting for X% of total imports.

Ukraine, 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 paper industry finishing agents import price stood at $X per ton in 2022, rising by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $X per ton in 2012; afterwards, it flattened through to 2022.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Ukraine ($X per ton) and Italy ($X per ton), while the price for Russia ($X per ton) and Austria ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :