CIS: Amino-Resin Market 2024

Amino-Resin Market Size in CIS

The CIS amino-resin market declined to $X in 2022, dropping by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The level of consumption peaked at $X in 2021, and then contracted in the following year.

Amino-Resin Production in CIS

In value terms, amino-resin production fell modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Amino-Resin Exports

Exports in CIS

In 2022, the amount of amino-resins, phenolic resins and polyurethanes (in primary forms) exported in the CIS dropped slightly to X tons, with a decrease of X% compared with 2021 figures. Total exports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then shrank in the following year.

In value terms, amino-resin exports contracted dramatically to $X in 2022. Total exports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then declined notably in the following year.

Exports by Country

Russia was the largest exporter of amino-resins, phenolic resins and polyurethanes (in primary forms) in the CIS, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2022. It was distantly followed by Belarus (X tons), comprising a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to amino-resin exports from Russia stood at X%. At the same time, Belarus (X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. Belarus (X p.p.) significantly strengthened its position in terms of the total exports, while Russia saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Russia ($X) remains the largest amino-resin supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Belarus ($X), with a X% share of total exports.

In Russia, amino-resin exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then contracted in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while Belarus amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%).

Amino-Resin Imports

Imports in CIS

In 2022, the amount of amino-resins, phenolic resins and polyurethanes (in primary forms) imported in the CIS fell to X tons, with a decrease of X% on the previous year. Over the period under review, imports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The volume of import peaked at X tons in 2021, and then shrank in the following year.

In value terms, amino-resin imports shrank remarkably to $X in 2022. In general, imports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then contracted significantly in the following year.

Imports by Country

Russia (X tons) and Belarus (X tons) dominates imports structure, together generating X% of total imports. The following importers - Kazakhstan (X tons) and Uzbekistan (X tons) - each finished at a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Uzbekistan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constitutes the largest market for imported amino-resins, phenolic resins and polyurethanes (in primary forms) in the CIS, comprising X% of total imports. The second position in the ranking was held by Belarus ($X), with a X% share of total imports. It was followed by Uzbekistan, with a X% share.

In Russia, amino-resin imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Belarus (X% per year) and Uzbekistan (X% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, with a decrease of X% against the previous year. Overall, the import price recorded a mild descent. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. The level of import 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 importing countries. In 2022, amid the top importers, the country with the highest price was Uzbekistan ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :