Report Update Nov 1, 2024

Belarus - Industrial Fatty Alcohols - Market Analysis, Forecast, Size, Trends and Insights

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Belarus: Industrial Fatty Alcohols Market 2024

Industrial Fatty Alcohols Market Size in Belarus

The Belarusian industrial fatty alcohols market surged to $X in 2021, jumping by 22% 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). Over the period under review, consumption saw a perceptible shrinkage. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Industrial Fatty Alcohols Exports

Exports from Belarus

In 2021, approx. X kg of industrial fatty alcohols were exported from Belarus; which is down by -12% compared with the year before. In general, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 317% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, industrial fatty alcohols exports declined to $X in 2021. Over the period under review, exports saw a precipitous slump. The most prominent rate of growth was recorded in 2015 with an increase of 200% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

Russia (X kg) was the main destination for industrial fatty alcohols exports from Belarus, with a approx. 99% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Russia amounted to -12.9%.

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

From 2012 to 2021, the average annual growth rate of value to Russia stood at -20.0%.

Export Prices by Country

In 2021, the average industrial fatty alcohols export price amounted to $X per ton, approximately mirroring the previous year. In general, the export price continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2019 when the average export price increased by 95% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the 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 -8.3% per year.

Industrial Fatty Alcohols Imports

Imports into Belarus

In 2021, the amount of industrial fatty alcohols imported into Belarus contracted slightly to X tons, leveling off at 2020. Over the period under review, imports showed a pronounced curtailment. The pace of growth appeared the most rapid in 2016 with an increase of 18% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, industrial fatty alcohols imports soared to $X in 2021. In general, imports recorded a noticeable downturn. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, India (X tons) constituted the largest industrial fatty alcohols supplier to Belarus, accounting for a 56% share of total imports. Moreover, industrial fatty alcohols imports from India exceeded the figures recorded by the second-largest supplier, Russia (X tons), fivefold. Poland (X tons) ranked third in terms of total imports with a 6.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from India amounted to -5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+16.9% per year) and Poland (+82.1% per year).

In value terms, India ($X) constituted the largest supplier of industrial fatty alcohols to Belarus, comprising 50% of total imports. The second position in the ranking was held by Russia ($X), with a 12% share of total imports. It was followed by Poland, with a 9.7% share.

From 2012 to 2021, the average annual growth rate of value from India totaled -8.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+12.0% per year) and Poland (+69.6% per year).

Import Prices by Country

The average industrial fatty alcohols import price stood at $X per ton in 2021, jumping by 37% against the previous year. Overall, the import price, however, recorded a mild contraction. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, 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 Poland ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+4.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for industrial fatty alcohols in the world?

China remains the largest industrial fatty alcohols consuming country worldwide, comprising approx. 20% of total volume. Moreover, industrial fatty alcohols consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with a 7.9% share.

What are the largest producers of industrial fatty alcohols in the world?

The countries with the highest volumes of in 2021 were Indonesia, Malaysia and China, with a combined 38% share of global production. The United States, India, Germany, Bangladesh, Brazil, Japan, the Netherlands, Russia, South Africa and the UK lagged somewhat behind, together accounting for a further 41%.

What are the leading suppliers of industrial fatty alcohols to Belarus?

In value terms, India constituted the largest supplier of industrial fatty alcohols to Belarus, comprising 64% of total imports. The second position in the ranking was occupied by Russia, with a 16% share of total imports. It was followed by Malaysia, with an 8.1% share.

What are the leading importers of industrial fatty alcohols from Belarus?

In value terms, the largest markets for industrial fatty alcohols exported from Belarus were Russia $54) and Uzbekistan $31).

What is the average export price for industrial fatty alcohols in Belarus?

The average industrial fatty alcohols export price stood at $2,073 per ton in 2021, surging by 3.7% against the previous year.

What is the average import price for industrial fatty alcohols in Belarus?

The average industrial fatty alcohols import price stood at $2,063 per ton in 2021, rising by 37% against the previous year.

This report provides an in-depth analysis of the industrial fatty alcohols 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 20142100 - Industrial fatty alcohols

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