CIS: Bentonite Market 2021

Bentonite Market Size in CIS

After three years of growth, the CIS bentonite market decreased by -X% to $X in 2019. Overall, consumption recorded strong growth. The most prominent rate of growth was recorded in 2011 when the market value increased by X% y-o-y. The level of consumption peaked at $X in 2012; however, from 2013 to 2019, consumption failed to regain the momentum.

Bentonite Production in CIS

In value terms, bentonite production contracted to $X in 2019 estimated in export prices. Over the period under review, production continues to indicate strong growth. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. The level of production peaked at $X in 2012; however, from 2013 to 2019, production remained at a lower figure.

Production By Country in CIS

Russia (X tons) constituted the country with the largest volume of bentonite production, accounting for X% of total volume. Moreover, bentonite production in Russia exceeded the figures recorded by the second-largest producer, Azerbaijan (X tons), threefold. Uzbekistan (X tons) ranked third in terms of total production with a X% share.

From 2007 to 2019, the average annual growth rate of volume in Russia stood at +X%. In the other countries, the average annual rates were as follows: Azerbaijan (+X% per year) and Uzbekistan (+X% per year).

Bentonite Exports

Exports in CIS

In 2019, the amount of bentonite exported in the CIS surged to X tons, increasing by X% on the previous year. Overall, exports enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2017 when exports increased by X% y-o-y. Over the period under review, exports attained the maximum in 2019 and are likely to see steady growth in years to come.

In value terms, bentonite exports surged to $X in 2019. Over the period under review, exports recorded a remarkable increase. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, exports attained the peak figure in 2019 and are likely to see steady growth in the immediate term.

Exports by Country

Azerbaijan was the main exporter of bentonite in the CIS, with the volume of exports finishing at X tons, which was approx. X% of total exports in 2019. It was distantly followed by Russia (X tons), comprising a X% share of total exports. Armenia (X tons) and Kazakhstan (X tons) followed a long way behind the leaders.

Exports from Azerbaijan increased at an average annual rate of +X% from 2007 to 2019. At the same time, Armenia (+X%), Russia (+X%) and Kazakhstan (+X%) displayed positive paces of growth. Moreover, Armenia emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +X% from 2007-2019. While the share of Armenia (+X p.p.) increased significantly in terms of the total exports from 2007-2019, the share of Russia (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Azerbaijan ($X) remains the largest bentonite supplier in the CIS, comprising X% of total exports. The second position in the ranking was occupied by Russia ($X), with a X% share of total exports. It was followed by Armenia, with a X% share.

From 2007 to 2019, the average annual growth rate of value in Azerbaijan stood at +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Russia (+X% per year) and Armenia (+X% per year).

Export Prices by Country

The bentonite export price in the CIS stood at $X per ton in 2019, flattening at the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2010 when the export price increased by X% against the previous year. Over the period under review, export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2019, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was Armenia ($X per ton), while Azerbaijan ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Armenia, while the other leaders experienced more modest paces of growth.

Bentonite Imports

Imports in CIS

In 2019, supplies from abroad of bentonite increased by X% to X tons, rising for the third consecutive year after four years of decline. Overall, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. The volume of import peaked in 2019 and is expected to retain growth in the immediate term.

In value terms, bentonite imports soared to $X in 2019. Total imports indicated a mild expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The level of import peaked in 2019 and is expected to retain growth in the immediate term.

Imports by Country

Russia prevails in bentonite imports structure, reaching X tons, which was near X% of total imports in 2019. Belarus (X tons) held a X% share (based on tons) of total imports, which put it in second place, followed by Kazakhstan (X%).

Russia was also the fastest-growing in terms of the bentonite imports, with a CAGR of +X% from 2007 to 2019. At the same time, Kazakhstan (+X%) displayed positive paces of growth. Belarus experienced a relatively flat trend pattern. Russia (+X p.p.) significantly strengthened its position in terms of the total imports, while Kazakhstan and Belarus saw its share reduced by -X% and -X% from 2007 to 2019, respectively.

In value terms, Russia ($X) constitutes the largest market for imported bentonite in the CIS, comprising X% of total imports. The second position in the ranking was occupied by Belarus ($X), with a X% share of total imports.

In Russia, bentonite imports remained relatively stable over the period from 2007-2019. In the other countries, the average annual rates were as follows: Belarus (+X% per year) and Kazakhstan (+X% per year).

Import Prices by Country

In 2019, the bentonite import price in the CIS amounted to $X per ton, with a decrease of -X% against the previous year. Overall, the import price showed a perceptible setback. The growth pace was the most rapid in 2013 when the import price increased by X% year-to-year. Over the period under review, import prices reached the peak figure at $X per ton in 2008; however, from 2009 to 2019, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Kazakhstan ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Belarus, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :