Belarus: Market for Plasticised Mixed Polyvinyl Chloride in Primary Forms 2024

Market Size for Plasticised Mixed Polyvinyl Chloride in Primary Forms in Belarus

The Belarusian market for plasticised mixed polyvinyl chloride in primary forms surged to $X in 2022, jumping by 32% 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 recorded buoyant growth. Over the period under review, the market attained the peak level in 2022 and is likely to continue growth in the near future.

Exports of Plasticised Mixed Polyvinyl Chloride in Primary Forms

Exports from Belarus

In 2022, overseas shipments of plasticised mixed polyvinyl chloride in primary forms increased by 26% to X tons, rising for the sixth year in a row after two years of decline. Over the period under review, exports posted a remarkable increase. The pace of growth was the most pronounced in 2017 when exports increased by 316% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of plasticised mixed polyvinyl chloride in primary forms surged to $X in 2022. Overall, exports enjoyed strong growth. The pace of growth appeared the most rapid in 2017 when exports increased by 294% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

Exports by Country

Uzbekistan (X tons) was the main destination for exports of plasticised mixed polyvinyl chloride in primary forms from Belarus, accounting for a 85% share of total exports. Moreover, exports of plasticised mixed polyvinyl chloride in primary forms to Uzbekistan exceeded the volume sent to the second major destination, Russia (X tons), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Uzbekistan stood at +78.5%.

In value terms, Uzbekistan ($X) remains the key foreign market for plasticised mixed polyvinyl chloride in primary forms exports from Belarus, comprising 88% of total exports. The second position in the ranking was held by Russia ($X), with an 11% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Uzbekistan totaled +101.0%.

Export Prices by Country

The average export price for plasticised mixed polyvinyl chloride in primary forms stood at $X per ton in 2022, picking up by 6.1% against the previous year. Overall, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for plasticised mixed polyvinyl chloride in primary forms increased by +71.8% against 2018 indices. The pace of growth was the most pronounced in 2013 an increase of 26%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; afterwards, it flattened through to 2022.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while the average price for exports to Russia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+12.6%).

Imports of Plasticised Mixed Polyvinyl Chloride in Primary Forms

Imports into Belarus

In 2022, the amount of plasticised mixed polyvinyl chloride in primary forms imported into Belarus expanded remarkably to X tons, growing by 10% against the previous year. In general, total imports indicated a moderate expansion from 2012 to 2022: its volume increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.6% against 2013 indices. The pace of growth was the most pronounced in 2018 with an increase of 33%. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of plasticised mixed polyvinyl chloride in primary forms surged to $X in 2022. Overall, imports saw buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 56%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, Russia (X tons) constituted the largest supplier of plasticised mixed polyvinyl chloride in primary forms to Belarus, with a 70% share of total imports. Moreover, imports of plasticised mixed polyvinyl chloride in primary forms from Russia exceeded the figures recorded by the second-largest supplier, Lithuania (X tons), fivefold. Ukraine (X tons) ranked third in terms of total imports with a 9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia stood at +9.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (+18.6% per year) and Ukraine (-1.4% per year).

In value terms, Russia ($X) constituted the largest supplier of plasticised mixed polyvinyl chloride in primary forms to Belarus, comprising 62% of total imports. The second position in the ranking was held by Lithuania ($X), with a 16% share of total imports. It was followed by Ukraine, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from Russia totaled +9.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (+20.2% per year) and Ukraine (+1.2% per year).

Import Prices by Country

The average import price for plasticised mixed polyvinyl chloride in primary forms stood at $X per ton in 2022, jumping by 30% against the previous year. Over the period under review, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for plasticised mixed polyvinyl chloride in primary forms increased by +85.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 43%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Serbia ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+17.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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