Belarus: Halogenated Hydrocarbon Derivative Market 2024

Halogenated Hydrocarbon Derivative Market Size in Belarus

The Belarusian halogenated hydrocarbon derivative market shrank slightly to $X in 2022, therefore, remained relatively stable against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, showed a abrupt decrease. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Halogenated Hydrocarbon Derivative Exports

Exports from Belarus

After two years of growth, shipments abroad of halogenated derivatives of hydrocarbons decreased by -32% to X tons in 2022. In general, exports, however, enjoyed a modest expansion. The pace of growth was the most pronounced in 2013 with an increase of 223% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, halogenated hydrocarbon derivative exports reduced notably to $X in 2022. Overall, exports saw a pronounced slump. The growth pace was the most rapid in 2021 with an increase of 298%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Russia (X tons) was the main destination for halogenated hydrocarbon derivative exports from Belarus, with a 66% share of total exports. Moreover, halogenated hydrocarbon derivative exports to Russia exceeded the volume sent to the second major destination, Egypt (X tons), fourfold. The third position in this ranking was held by Lithuania (X tons), with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia amounted to +5.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (-2.8% per year) and Lithuania (+7.3% per year).

In value terms, Russia ($X) remains the key foreign market for halogenated derivatives of hydrocarbons exports from Belarus, comprising 76% of total exports. The second position in the ranking was held by Lithuania ($X), with a 17% share of total exports. It was followed by Egypt, with a 3.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia amounted to -2.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (+1.0% per year) and Egypt (-9.9% per year).

Export Prices by Country

In 2022, the average halogenated hydrocarbon derivative export price amounted to $X per ton, falling by -8% against the previous year. In general, the export price continues to indicate a noticeable descent. The pace of growth was the most pronounced in 2021 when the average export price increased by 43%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($X per ton), while the average price for exports to Egypt ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+99.8%), while the prices for the other major destinations experienced a decline.

Halogenated Hydrocarbon Derivative Imports

Imports into Belarus

Halogenated hydrocarbon derivative imports into Belarus declined slightly to X tons in 2022, remaining constant against the year before. Over the period under review, imports showed a abrupt contraction. The pace of growth was the most pronounced in 2018 with an increase of 55%. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, halogenated hydrocarbon derivative imports fell slightly to $X in 2022. In general, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2018 with an increase of 116%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

China (X tons), Russia (X tons) and Poland (X tons) were the main suppliers of halogenated hydrocarbon derivative imports to Belarus, together accounting for 76% of total imports. Latvia, the Czech Republic, France, Germany, Moldova and Romania lagged somewhat behind, together comprising a further 20%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Latvia (with a CAGR of +93.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of halogenated derivatives of hydrocarbons to Belarus, comprising 52% of total imports. The second position in the ranking was held by Russia ($X), with a 19% share of total imports. It was followed by Poland, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled -1.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (-9.7% per year) and Poland (-9.0% per year).

Import Prices by Country

In 2022, the average halogenated hydrocarbon derivative import price amounted to $X per ton, shrinking by -2.1% against the previous year. Overall, the import price saw a mild descent. The most prominent rate of growth was recorded in 2017 an increase of 48% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+16.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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