Belarus - M-Xylene and Mixed Xylene Isomers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBelarus: M-Xylene And Xylenes Market 2024
M-Xylene And Xylenes Market Size in Belarus
The Belarusian m-xylene and xylenes market contracted slightly to $X in 2022, dropping by -3% against the previous year. Overall, consumption saw a abrupt shrinkage. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.
M-Xylene And Xylenes Production in Belarus
In value terms, m-xylene and xylenes production dropped modestly to $X in 2022 estimated in export price. Over the period under review, production saw a deep contraction. The most prominent rate of growth was recorded in 2019 with an increase of 15% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.
M-Xylene And Xylenes Exports
Exports from Belarus
For the eleventh consecutive year, Belarus recorded growth in shipments abroad of m-xylene and mixed xylene isomers, which increased by 20% to X tons in 2022. Overall, exports recorded significant growth. The growth pace was the most rapid in 2015 with an increase of 398%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, m-xylene and xylenes exports skyrocketed to $X in 2022. Over the period under review, exports saw a significant expansion. The pace of growth was the most pronounced in 2015 with an increase of 231% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Exports by Country
Russia (X tons) was the main destination for m-xylene and xylenes exports from Belarus, accounting for a approx. 100% share of total exports.
From 2012 to 2022, the average annual growth rate of volume to Russia amounted to +70.4%.
In value terms, Russia ($X) also remains the key foreign market for m-xylene and mixed xylene isomers exports from Belarus.
From 2012 to 2022, the average annual growth rate of value to Russia amounted to +56.4%.
Export Prices by Country
The average m-xylene and xylenes export price stood at $X per ton in 2022, approximately mirroring the previous year. Overall, the export price saw a abrupt contraction. The pace of growth was the most pronounced in 2017 an increase of 9%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, 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 2022, the rate of growth in terms of prices for Ukraine amounted to +0.5% per year.
M-Xylene And Xylenes Imports
Imports into Belarus
In 2022, overseas purchases of m-xylene and mixed xylene isomers increased by 100% to X tons, rising for the second year in a row after two years of decline. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 141% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.
In value terms, m-xylene and xylenes imports surged to $X in 2022. Over the period under review, imports enjoyed a notable increase. The most prominent rate of growth was recorded in 2013 when imports increased by 135%. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.
Imports by Country
In 2022, Russia (X tons) constituted the largest m-xylene and xylenes supplier to Belarus, with a 68% share of total imports. Moreover, m-xylene and xylenes imports from Russia exceeded the figures recorded by the second-largest supplier, Serbia (X kg), threefold. The third position in this ranking was held by Estonia (X kg), with a 6.6% share.
From 2012 to 2022, the average annual rate of growth in terms of volume from Russia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Serbia (+12.6% per year) and Estonia (0.0% per year).
In value terms, Russia ($X), Serbia ($X) and Estonia ($X) were the largest m-xylene and xylenes suppliers to Belarus, together accounting for 95% of total imports.
In terms of the main suppliers, Serbia, with a CAGR of +18.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.
Import Prices by Country
The average m-xylene and xylenes import price stood at $X per ton in 2022, jumping by 16% against the previous year. Over the period under review, the import price continues to indicate temperate growth. The pace of growth appeared the most rapid in 2020 an increase of 37% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+21.9%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the m-xylene and xylenes 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 20141247 - m-Xylene and mixed xylene isomers
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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