CIS: Market for Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid 2024

Market Size for Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid in CIS

In 2022, the CIS market for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid was finally on the rise to reach $X after four years of decline. In general, consumption recorded a abrupt curtailment. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid in CIS

In value terms, production of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid surged to $X in 2022 estimated in export price. Overall, production showed a strong increase. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Exports of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid

Exports in CIS

Exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid contracted modestly to X tons in 2022, which is down by -4% against 2021. In general, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when exports increased by 95%. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid declined sharply to $X in 2022. Overall, exports showed a mild descent. The pace of growth appeared the most rapid in 2021 with an increase of 103%. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia dominates acid structure, amounting to X tons, which was approx. 94% of total exports in 2022. It was distantly followed by Belarus (X tons), making up a 4.6% share of total exports.

Russia was also the fastest-growing in terms of the dibutyl and dioctyl orthophthalates other esters of orthophthalic acid exports, with a CAGR of +7.3% from 2012 to 2022. Belarus (-22.5%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Russia increased by +50 percentage points.

In value terms, Russia ($X) remains the largest dibutyl and dioctyl orthophthalates other esters of orthophthalic acid supplier in the CIS, comprising 96% of total exports. The second position in the ranking was held by Belarus ($X), with a 2.1% share of total exports.

In Russia, exports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid increased at an average annual rate of +5.1% over the period from 2012-2022.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2022, which is down by -22.1% against the previous year. Overall, the export price continues to indicate a mild contraction. The growth pace was the most rapid in 2021 an increase of 88% against the previous year. As a result, the export price attained the peak level of $X per ton, and then dropped rapidly in the following year.

Prices varied noticeably by country of origin: 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 (-2.1%).

Imports of Dibutyl And Dioctyl Orthophthalates Other Esters Of Orthophthalic Acid

Imports in CIS

Imports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid reduced dramatically to X tons in 2022, dropping by -22.6% on 2021. In general, imports saw a drastic downturn. The growth pace was the most rapid in 2017 when imports increased by 43%. Over the period under review, imports of attained the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid contracted slightly to $X in 2022. Over the period under review, imports showed a deep reduction. The most prominent rate of growth was recorded in 2017 with an increase of 65% against the previous year. Over the period under review, imports of reached the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

The purchases of the three major importers of dibutyl and dioctyl orthophthalates other esters of orthophthalic acid, namely Uzbekistan, Russia and Kazakhstan, represented more than two-thirds of total import. It was distantly followed by Belarus (X tons), mixing up a 15% share of total imports. Azerbaijan (X tons) took a minor 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 Kazakhstan (with a CAGR of +24.2%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, the largest dibutyl and dioctyl orthophthalates other esters of orthophthalic acid importing markets in the CIS were Uzbekistan ($X), Russia ($X) and Kazakhstan ($X), together comprising 86% of total imports.

In terms of the main importing countries, Kazakhstan, with a CAGR of +24.5%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, rising by 24% against the previous year. Import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for dibutyl and dioctyl orthophthalates other esters of orthophthalic acid increased by +83.4% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 47% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Russia ($X per ton), while Belarus ($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 (+11.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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