Belarus: Market for Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons 2024

Market Size for Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons in Belarus

In 2022, after two years of growth, there was significant decline in the Belarusian cyclanic, cyclenic hydrocarbons derivatives market, when its value decreased by -23.6% to $X. Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Production of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons in Belarus

In value terms, cyclanic, cyclenic hydrocarbons derivatives production declined to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 1.3%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Exports of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons

Exports from Belarus

In 2022, shipments abroad of halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons increased by 20% to X kg, rising for the second consecutive year after two years of decline. Over the period under review, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2016 with an increase of 1,300%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, cyclanic, cyclenic hydrocarbons derivatives exports fell markedly to $X in 2022. In general, exports, however, showed a pronounced decrease. The most prominent rate of growth was recorded in 2016 with an increase of 166,000% against the previous year. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Russia (X kg) was the main destination for cyclanic, cyclenic hydrocarbons derivatives exports from Belarus, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Russia amounted to +23.7%.

In value terms, Russia ($X) also remains the key foreign market for halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons exports from Belarus.

From 2012 to 2022, the average annual growth rate of value to Russia amounted to -2.1%.

Export Prices by Country

In 2022, the average cyclanic, cyclenic hydrocarbons derivatives export price amounted to $X per ton, with a decrease of -41.5% against the previous year. In general, the export price saw a precipitous curtailment. The pace of growth appeared the most rapid in 2016 when the average export price increased by 11,764%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -20.9% per year.

Imports of Halogenated Derivatives Of Cyclanic, Cyclenic Or Cycloterpenic Hydrocarbons

Imports into Belarus

After two years of growth, purchases abroad of halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons decreased by -12.3% to X kg in 2022. Over the period under review, imports, however, posted a modest increase. The most prominent rate of growth was recorded in 2014 when imports increased by 6,684% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, cyclanic, cyclenic hydrocarbons derivatives imports dropped sharply to $X in 2022. Overall, imports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2014 with an increase of 3,789%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the United States (X kg) constituted the largest supplier of cyclanic, cyclenic hydrocarbons derivatives to Belarus, with a 70% share of total imports. Moreover, cyclanic, cyclenic hydrocarbons derivatives imports from the United States exceeded the figures recorded by the second-largest supplier, Germany (X kg), threefold.

From 2012 to 2022, the average annual growth rate of volume from the United States totaled +45.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+28.2% per year) and Russia (-26.0% per year).

In value terms, the United States ($X) constituted the largest supplier of halogenated derivatives of cyclanic, cyclenic or cycloterpenic hydrocarbons to Belarus, comprising 51% of total imports. The second position in the ranking was taken by Germany ($X), with a 21% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United States stood at +47.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+32.2% per year) and Russia (-8.5% per year).

Import Prices by Country

In 2022, the average cyclanic, cyclenic hydrocarbons derivatives import price amounted to $X per ton, waning by -9.1% against the previous year. In general, the import price, however, enjoyed a notable increase. The pace of growth appeared the most rapid in 2019 an increase of 128%. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+23.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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