CIS: Chlorides Market 2024

Chlorides Market Size in CIS

In 2021, the CIS chlorides market decreased by -4.4% to $X for the first time since 2016, thus ending a four-year rising trend. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2020, and then fell slightly in the following year.

Chlorides Production in CIS

In value terms, chlorides production contracted slightly to $X in 2021 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the production volume increased by 30%. The level of production peaked at $X in 2020, and then contracted modestly in the following year.

Chlorides Exports

Exports in CIS

For the third year in a row, the CIS recorded growth in shipments abroad of chlorides (excluding ammonium chloride), which increased by 24% to X tons in 2021. Total exports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +9.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +49.5% against 2017 indices. The most prominent rate of growth was recorded in 2017 with an increase of 35%. Over the period under review, the exports attained the peak figure in 2021 and are likely to see steady growth in the immediate term.

In value terms, chlorides exports soared to $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 38%. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, Russia (X tons) represented the major exporter of chlorides (excluding ammonium chloride) in the CIS, mixing up 99% of total export.

Russia was also the fastest-growing in terms of the chlorides (excluding ammonium chloride) exports, with a CAGR of +9.1% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) also remains the largest chlorides supplier in the CIS.

In Russia, chlorides exports remained relatively stable over the period from 2012-2021.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2021, surging by 5.6% against the previous year. Over the period under review, the export price, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2016 an increase of 6%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2021, the rate of growth in terms of prices for Russia amounted to -8.0% per year.

Chlorides Imports

Imports in CIS

In 2021, overseas purchases of chlorides (excluding ammonium chloride) decreased by -0.1% to X tons, falling for the fourth consecutive year after two years of growth. Over the period under review, imports showed a mild decline. The pace of growth appeared the most rapid in 2017 when imports increased by 37%. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, chlorides imports soared to $X in 2021. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 34% against the previous year. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Russia was the main importing country with an import of about X tons, which finished at 50% of total imports. Kazakhstan (X tons) ranks second in terms of the total imports with a 20% share, followed by Belarus (16%), Azerbaijan (6%) and Kyrgyzstan (4.7%).

From 2012 to 2021, average annual rates of growth with regard to chlorides imports into Russia stood at -3.7%. At the same time, Kyrgyzstan (+9.9%) and Belarus (+7.3%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +9.9% from 2012-2021. By contrast, Kazakhstan (-1.0%) and Azerbaijan (-3.9%) illustrated a downward trend over the same period. While the share of Belarus (+8.3 p.p.) and Kyrgyzstan (+2.9 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Azerbaijan (-1.7 p.p.) and Russia (-12.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported chlorides (excluding ammonium chloride) in the CIS, comprising 70% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a 12% share of total imports. It was followed by Belarus, with a 9.3% share.

In Russia, chlorides imports remained relatively stable over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (+1.2% per year) and Belarus (+2.3% per year).

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per ton, picking up by 21% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.9%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Russia ($X per ton), while Azerbaijan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+4.1%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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