Belarus - Synthetic Organic Products Used As Fluorescent Brightening Agents - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBelarus: Fluorescent Brightening Agents Market 2024
Fluorescent Brightening Agents Market Size in Belarus
In 2022, after three years of growth, there was significant decline in the Belarusian fluorescent brightening agents market, when its value decreased by -8.1% to $X. Overall, consumption enjoyed a remarkable increase. Fluorescent brightening agents consumption peaked at $X in 2021, and then shrank in the following year.
Fluorescent Brightening Agents Exports
Exports from Belarus
In 2022, overseas shipments of synthetic organic products used as fluorescent brightening agents were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, fluorescent brightening agents exports surged to $X in 2022. Overall, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2017 when exports increased by 858% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in years to come.
Exports by Country
Russia (X tons) was the main destination for fluorescent brightening agents exports from Belarus, accounting for a 82% share of total exports. Moreover, fluorescent brightening agents exports to Russia exceeded the volume sent to the second major destination, Kazakhstan (X tons), sixfold.
From 2012 to 2022, the average annual rate of growth in terms of volume to Russia stood at +38.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+69.1% per year) and Ukraine (-5.1% per year).
In value terms, the largest markets for fluorescent brightening agents exported from Belarus were Russia ($X), Kazakhstan ($X) and Ukraine ($X).
Russia, with a CAGR of +73.0%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2022, the average fluorescent brightening agents export price amounted to $X per ton, waning by -87.7% against the previous year. Over the period under review, the export price, however, showed a significant expansion. The growth pace was the most rapid in 2013 an increase of 2,020%. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then plummeted in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to Russia ($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 Ukraine (+49.6%), while the prices for the other major destinations experienced more modest paces of growth.
Fluorescent Brightening Agents Imports
Imports into Belarus
Fluorescent brightening agents imports into Belarus rose rapidly to X tons in 2022, with an increase of 13% against 2021 figures. In general, imports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 53% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, fluorescent brightening agents imports dropped rapidly to $X in 2022. Over the period under review, imports showed moderate growth. The pace of growth was the most pronounced in 2019 with an increase of 51% against the previous year. Imports peaked at $X in 2021, and then shrank remarkably in the following year.
Imports by Country
Italy (X tons), Russia (X tons) and Ukraine (X tons) were the main suppliers of fluorescent brightening agents imports to Belarus, together comprising 84% of total imports.
From 2012 to 2022, the biggest increases were recorded for Ukraine (with a CAGR of +90.4%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Russia ($X), Italy ($X) and Germany ($X) appeared to be the largest fluorescent brightening agents suppliers to Belarus, together comprising 57% of total imports. Mexico, India, Ukraine and Turkey lagged somewhat behind, together accounting for a further 23%.
Ukraine, with a CAGR of +78.9%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2022, the average fluorescent brightening agents import price amounted to $X per ton, which is down by -32.2% against the previous year. In general, the import price showed a deep reduction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 65%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-3.4%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the fluorescent brightening agents 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 20122160 - Synthetic organic products used as fluorescent brightening agents
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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