Belarus - Halogenated Derivatives of Aromatic Hydrocarbons - Market Analysis, Forecast, Size, Trends and Insights
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Aromatic Hydrocarbons Derivatives Market Size in Belarus
In 2021, after two years of decline, there was significant growth in the Belarusian aromatic hydrocarbons derivatives market, when its value increased by 12% to $X. Over the period under review, consumption, however, posted a prominent increase. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.
Aromatic Hydrocarbons Derivatives Production in Belarus
In value terms, aromatic hydrocarbons derivatives production soared to $X in 2021 estimated in export price. In general, production, however, saw a resilient increase. The pace of growth was the most pronounced in 2013 with an increase of 121%. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.
Aromatic Hydrocarbons Derivatives Exports
Exports from Belarus
In 2021, approx. X tons of halogenated derivatives of aromatic hydrocarbons were exported from Belarus; with an increase of 2.4% against 2020 figures. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2017 when exports increased by 197%. The exports peaked in 2021 and are expected to retain growth in the immediate term.
In value terms, aromatic hydrocarbons derivatives exports skyrocketed to $X in 2021. In general, exports enjoyed a significant expansion. The growth pace was the most rapid in 2013 when exports increased by 521% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the immediate term.
Exports by Country
Russia (X tons) was the main destination for aromatic hydrocarbons derivatives exports from Belarus, accounting for a approx. 100% share of total exports.
From 2012 to 2021, the average annual growth rate of volume to Russia totaled +35.4%.
In value terms, Russia ($X) also remains the key foreign market for halogenated derivatives of aromatic hydrocarbons exports from Belarus.
From 2012 to 2021, the average annual growth rate of value to Russia amounted to +48.2%.
Export Prices by Country
In 2021, the average aromatic hydrocarbons derivatives export price amounted to $X per ton, growing by 64% against the previous year. Overall, the export price recorded a prominent expansion. The most prominent rate of growth was recorded in 2013 an increase of 360%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average 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 2012 to 2021, the rate of growth in terms of prices for Russia amounted to +9.5% per year.
Aromatic Hydrocarbons Derivatives Imports
Imports into Belarus
In 2021, aromatic hydrocarbons derivatives imports into Belarus contracted significantly to X tons, with a decrease of -27.9% compared with the year before. Overall, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2015 with an increase of 562% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports failed to regain momentum.
In value terms, aromatic hydrocarbons derivatives imports reduced notably to $X in 2021. Over the period under review, imports, however, showed strong growth. The most prominent rate of growth was recorded in 2015 with an increase of 366%. Over the period under review, imports hit record highs at $X in 2020, and then dropped remarkably in the following year.
Imports by Country
In 2021, Russia (X tons) constituted the largest supplier of aromatic hydrocarbons derivatives to Belarus, with a 87% share of total imports. Moreover, aromatic hydrocarbons derivatives imports from Russia exceeded the figures recorded by the second-largest supplier, China (X kg), sevenfold.
From 2012 to 2021, the average annual rate of growth in terms of volume from Russia amounted to +35.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+72.0% per year) and Germany (-12.5% per year).
In value terms, Russia ($X) constituted the largest supplier of halogenated derivatives of aromatic hydrocarbons to Belarus, comprising 71% of total imports. The second position in the ranking was taken by China ($X), with a 23% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of value from Russia amounted to +29.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+32.1% per year) and Germany (-13.4% per year).
Import Prices by Country
The average aromatic hydrocarbons derivatives import price stood at $X per ton in 2021, with a decrease of -21.6% against the previous year. In general, the import price continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2019 when the average import price increased by 49% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+15.3%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the aromatic hydrocarbons derivatives 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 20141970 - Halogenated derivatives of aromatic hydrocarbons
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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