Report Update Nov 1, 2024

Belarus - Maleic Anhydride - Market Analysis, Forecast, Size, Trends and Insights

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Belarus: Maleic Anhydride Market 2024

Maleic Anhydride Market Size in Belarus

In 2021, the Belarusian maleic anhydride market decreased by -49% to $X, falling for the second consecutive year after five years of growth. Over the period under review, consumption, however, enjoyed a significant increase. Maleic anhydride consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Maleic Anhydride Exports

Exports from Belarus

In 2021, the amount of maleic anhydride exported from Belarus dropped slightly to X tons, falling by -4.1% against 2020 figures. Over the period under review, exports saw a perceptible decline. The most prominent rate of growth was recorded in 2018 with an increase of 19% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, maleic anhydride exports amounted to $X in 2021. In general, exports, however, continue to indicate a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X tons) was the main destination for maleic anhydride 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 -2.3%.

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

From 2012 to 2021, the average annual growth rate of value to Russia was relatively modest.

Export Prices by Country

The average maleic anhydride export price stood at $X per ton in 2021, growing by 5.3% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.9%. The most prominent rate of growth was recorded in 2019 an increase of 25%. Over the period under review, the average export prices attained the maximum in 2021 and is likely to continue growth in the near future.

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 +2.9% per year.

Maleic Anhydride Imports

Imports into Belarus

In 2021, maleic anhydride imports into Belarus reduced remarkably to X tons, falling by -62.3% against 2020. Overall, imports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2013 when imports increased by 746%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, maleic anhydride imports shrank rapidly to $X in 2021. Over the period under review, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2013 when imports increased by 740%. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of maleic anhydride to Belarus, accounting for a 68% share of total imports. Moreover, maleic anhydride imports from Germany exceeded the figures recorded by the second-largest supplier, Russia (X tons), fourfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to +20.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+24.6% per year) and Poland (+21.2% per year).

In value terms, Germany ($X) constituted the largest supplier of maleic anhydride to Belarus, comprising 56% of total imports. The second position in the ranking was taken by Russia ($X), with a 21% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +19.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+38.1% per year) and Poland (+24.2% per year).

Import Prices by Country

The average maleic anhydride import price stood at $X per ton in 2021, with an increase of 67% against the previous year. Over the period under review, import price indicated a slight increase from 2012 to 2021: its price increased at an average annual rate of +1.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+10.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for maleic anhydride in the world?

The countries with the highest volumes of maleic anhydride consumption in 2020 were Taiwan Chinese), India and Turkey, together comprising 34% of global consumption. These countries were followed by China, France, Germany, Mexico, the U.S., Spain, Saudi Arabia, Malaysia, Singapore and Brazil, which together accounted for a further 38%.

What are the largest producers of maleic anhydride in the world?

The countries with the highest volumes of maleic anhydride production in 2020 were China, Taiwan Chinese) and the U.S., with a combined 66% share of global production. South Korea, Malaysia, Hungary and Argentina lagged somewhat behind, together comprising a further 30%.

What are the leading suppliers of maleic anhydride to Belarus?

In value terms, Germany constituted the largest supplier of maleic anhydride to Belarus, comprising 61% of total imports. The second position in the ranking was occupied by Russia, with a 28% share of total imports.

What are the leading importers of maleic anhydride from Belarus?

In value terms, Russia $53) remains the key foreign market for maleic anhydride exports from Belarus.

What is the average export price for maleic anhydride in Belarus?

In 2020, the average maleic anhydride export price amounted to $1,606 per ton, picking up by 30% against the previous year.

What is the average import price for maleic anhydride in Belarus?

In 2020, the average maleic anhydride import price amounted to $1,417 per ton, with a decrease of -8.1% against the previous year.

This report provides an in-depth analysis of the maleic anhydride 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 20143387 - Maleic anhydride

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