Belarus: Market for Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride 2024

Market Size for Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride in Belarus

The Belarusian market for rigid tubes, pipes and hoses of polymers of vinyl chloride totaled $X in 2022, rising by 2.8% 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 continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Exports of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride

Exports from Belarus

In 2022, shipments abroad of rigid tubes, pipes and hoses of polymers of vinyl chloride decreased by -45.4% to X tons, falling for the second consecutive year after four years of growth. Over the period under review, exports saw a abrupt contraction. The pace of growth appeared the most rapid in 2019 when exports increased by 68%. Over the period under review, the exports attained the maximum at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, vinyl chloride polymer rigid pipes exports contracted significantly to $X in 2022. Overall, exports recorded a deep contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 88% against the previous year. The exports peaked at $X in 2021, and then dropped notably in the following year.

Exports by Country

Russia (X tons) was the main destination for vinyl chloride polymer rigid pipes exports from Belarus, accounting for a 74% share of total exports. Moreover, vinyl chloride polymer rigid pipes exports to Russia exceeded the volume sent to the second major destination, Ukraine (X tons), fivefold. Germany (X tons) ranked third in terms of total exports with a 5.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia amounted to -10.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+19.3% per year) and Germany (+82.3% per year).

In value terms, Russia ($X) remains the key foreign market for rigid tubes, pipes and hoses of polymers of vinyl chloride exports from Belarus, comprising 65% of total exports. The second position in the ranking was taken by Ukraine ($X), with an 11% share of total exports. It was followed by Germany, with a 7.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia stood at -7.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+7.5% per year) and Germany (+64.5% per year).

Export Prices by Country

The average export price for rigid tubes, pipes and hoses of polymers of vinyl chloride stood at $X per ton in 2022, growing by 6.5% against the previous year. Overall, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vinyl chloride polymer rigid pipes export price increased by +119.2% against 2019 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 54%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($X per ton), while the average price for exports to Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+3.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride

Imports into Belarus

After three years of growth, purchases abroad of rigid tubes, pipes and hoses of polymers of vinyl chloride decreased by -10.7% to X tons in 2022. Over the period under review, imports continue to indicate a mild reduction. The most prominent rate of growth was recorded in 2013 with an increase of 38%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, vinyl chloride polymer rigid pipes imports stood at $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 41%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Russia (X tons) constituted the largest supplier of vinyl chloride polymer rigid pipes to Belarus, with a 78% share of total imports. Moreover, vinyl chloride polymer rigid pipes imports from Russia exceeded the figures recorded by the second-largest supplier, Poland (X tons), eightfold. The third position in this ranking was taken by Ukraine (X tons), with a 3.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia totaled +14.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-18.0% per year) and Ukraine (+14.0% per year).

In value terms, Russia ($X) constituted the largest supplier of rigid tubes, pipes and hoses of polymers of vinyl chloride to Belarus, comprising 76% of total imports. The second position in the ranking was held by Poland ($X), with a 7.8% share of total imports. It was followed by Ukraine, with a 3.5% share.

From 2012 to 2022, the average annual growth rate of value from Russia totaled +14.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-16.9% per year) and Ukraine (+11.7% per year).

Import Prices by Country

The average import price for rigid tubes, pipes and hoses of polymers of vinyl chloride stood at $X per ton in 2022, increasing by 17% against the previous year. Over the period under review, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vinyl chloride polymer rigid pipes import price increased by +63.4% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 40%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

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 Germany ($X per ton), while the price for Poland ($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 (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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