Report Update Nov 1, 2024

Belarus - Monophenols - Market Analysis, Forecast, Size, Trends and Insights

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Belarus: Monophenols Market 2024

Monophenols Market Size in Belarus

The Belarusian monophenols market surged to $X in 2021, rising by 29% 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). Overall, consumption showed a significant expansion. Over the period under review, the market reached the peak level in 2021 and is likely to see gradual growth in the near future.

Monophenols Exports

Exports from Belarus

In 2021, the amount of monophenols exported from Belarus rose rapidly to X tons, picking up by 8.4% compared with 2020. Overall, exports posted a prominent increase. The most prominent rate of growth was recorded in 2019 with an increase of 315%. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, monophenols exports soared to $X in 2021. In general, exports, however, recorded a pronounced decline. The pace of growth was the most pronounced in 2019 when exports increased by 102%. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Poland (X tons) was the main destination for monophenols exports from Belarus, accounting for a 49% share of total exports. It was followed by Slovakia (X kg), with a 0.9% share of total exports. Russia (X kg) ranked third in terms of total exports with a 0.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Poland amounted to -45.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (0.0% per year) and Russia (-43.6% per year).

In value terms, Poland ($X) remains the key foreign market for monophenols exports from Belarus, comprising 49% of total exports. The second position in the ranking was held by Russia ($X), with a 1.1% share of total exports. It was followed by Slovakia, with a 0.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Poland totaled -28.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-41.7% per year) and Slovakia (0.0% per year).

Export Prices by Country

The average monophenols export price stood at $X per ton in 2021, jumping by 20% against the previous year. Overall, the export price, however, saw a deep slump. The pace of growth was the most pronounced in 2014 when the average export price increased by 22%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Russia ($X per ton), while the average price for exports to Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+32.0%), while the prices for the other major destinations experienced mixed trend patterns.

Monophenols Imports

Imports into Belarus

In 2021, the amount of monophenols imported into Belarus soared to X tons, growing by 40% against 2020. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 251% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, monophenols imports soared to $X in 2021. Overall, imports posted a significant increase. The growth pace was the most rapid in 2017 with an increase of 204%. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Russia (X tons) was the main supplier of monophenols to Belarus, with a 94% share of total imports. Moreover, monophenols imports from Russia exceeded the figures recorded by the second-largest supplier, Finland (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Russia totaled +48.1%.

In value terms, Russia ($X) constituted the largest supplier of monophenols to Belarus, comprising 94% of total imports. The second position in the ranking was held by Finland ($X), with a 4.5% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Russia stood at +41.2%.

Import Prices by Country

In 2021, the average monophenols import price amounted to $X per ton, shrinking by -11.8% against the previous year. In general, the import price showed a pronounced downturn. The most prominent rate of growth was recorded in 2013 an increase of 30%. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Russia ($X per ton), while the price for Finland stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (-4.7%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for monophenols in the world?

The country with the largest volume of monophenols consumption was China, comprising approx. 27% of total volume. Moreover, monophenols consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was occupied by the United States, with a 6.2% share.

What are the largest producers of monophenols in the world?

China remains the largest monophenols producing country worldwide, accounting for 25% of total volume. Moreover, monophenols production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was occupied by the United States, with a 7.7% share.

What are the leading suppliers of monophenols to Belarus?

In value terms, Russia constituted the largest supplier of monophenols to Belarus, comprising 97% of total imports. The second position in the ranking was occupied by Finland, with a 1.9% share of total imports.

What is the average export price for monophenols in Belarus?

In 2020, the average monophenols export price amounted to $796 per ton, which is down by -51.8% against the previous year.

What is the average import price for monophenols in Belarus?

In 2020, the average monophenols import price amounted to $1,492 per ton, increasing by 6.1% against the previous year.

This report provides an in-depth analysis of the monophenols 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 20142410 - Monophenols

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