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Report CIS - Cumene - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

CIS - Cumene - Market Analysis, Forecast, Size, Trends and Insights

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CIS: Cumene Market 2024

Cumene Market Size in CIS

The CIS cumene market surged to $X in 2021, increasing by 41% against the previous year. In general, consumption, however, saw a perceptible slump. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Cumene Production in CIS

In value terms, cumene production rose remarkably to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a pronounced shrinkage. The level of production peaked at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Cumene Exports

Exports in CIS

In 2021, overseas shipments of cumene decreased by -45% to X tons, falling for the second consecutive year after two years of growth. In general, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of 805% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, cumene exports contracted notably to $X in 2021. Overall, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2016 with an increase of 609% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Russia prevails in exports structure, resulting at X tons, which was near 92% of total exports in 2021. It was distantly followed by Kazakhstan (X tons), generating an 8.4% share of total exports.

Russia was also the fastest-growing in terms of the cumene exports, with a CAGR of +38.8% from 2012 to 2021. Kazakhstan (-80.5%) illustrated a downward trend over the same period. While the share of Kazakhstan (+8.4 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Russia (-8.4 p.p.) displayed negative dynamics.

In value terms, Russia ($X) remains the largest cumene supplier in the CIS, comprising 92% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a 7.9% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Russia totaled +36.1%.

Export Prices by Country

In 2021, the export price in the CIS amounted to $X per ton, picking up by 49% against the previous year. Overall, the export price, however, showed a perceptible decline. Over the period under review, the export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Russia ($X per ton), while Kazakhstan totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (+19.0%).

Cumene Imports

Imports in CIS

In 2021, overseas purchases of cumene decreased by -24.1% to X tons, falling for the second year in a row after two years of growth. Overall, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 171%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, cumene imports dropped markedly to $X in 2021. In general, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 137% against the previous year. As a result, imports attained the peak of $X, and then reduced remarkably in the following year.

Imports by Country

In 2021, Kazakhstan (X tons) represented the key importer of cumene, comprising 67% of total imports. It was distantly followed by Russia (X tons), creating a 33% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to cumene imports into Kazakhstan stood at +16.6%. At the same time, Russia (+54.9%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing importer imported in the CIS, with a CAGR of +54.9% from 2012-2021. While the share of Russia (+30 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Kazakhstan (-22.4 p.p.) displayed negative dynamics.

In value terms, Kazakhstan ($X) and Russia ($X) constituted the countries with the highest levels of imports in 2021.

Russia, with a CAGR of +44.3%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review.

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per ton, picking up by 2.9% against the previous year. Overall, the import price enjoyed a perceptible expansion. The most prominent rate of growth was recorded in 2020 when the import price increased by 387% against the previous year. The level of import peaked in 2021 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 Kazakhstan totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (+4.1%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Kazakhstan remains the largest cumene consuming country in the CIS, comprising approx. 75% of total volume. Moreover, cumene consumption in Kazakhstan exceeded the figures recorded by the second-largest consumer, Russia, fourfold.
Russia constituted the country with the largest volume of cumene production, comprising approx. 82% of total volume. Moreover, cumene production in Russia exceeded the figures recorded by the second-largest producer, Kazakhstan, fivefold.
In value terms, Russia remains the largest cumene supplier in the CIS.
In value terms, Russia constitutes the largest market for imported cumene in the CIS.
In 2021, the cumene export price in the CIS amounted to $702 per ton, picking up by 30% against the previous year.
In 2021, the cumene import price in the CIS amounted to $962 per ton, surging by 39% against the previous year.

This report provides an in-depth analysis of the cumene market in CIS. 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 20141270 - Cumene

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in CIS, split by region and country
  • Trade (exports and imports) in CIS
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Armenia
    • Azerbaijan
    • Belarus
    • Kazakhstan
    • Kyrgyzstan
    • Moldova
    • Russia
    • Tajikistan
    • Uzbekistan

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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