CIS: Fluoropolymers Market 2024

Fluoropolymers Market Size in CIS

The CIS fluoropolymers market dropped to $X in 2021, therefore, remained relatively stable against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Fluoropolymers Production in CIS

In value terms, fluoropolymers production totaled $X in 2021 estimated in export price. Overall, production, however, continues to indicate a mild decrease. The pace of growth was the most pronounced in 2018 with an increase of 18%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Fluoropolymers Exports

Exports in CIS

In 2021, exports of fluoropolymers in the CIS expanded slightly to X tons, surging by 2.5% against the previous year. Total exports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +5.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +40.5% against 2019 indices. The pace of growth appeared the most rapid in 2017 with an increase of 44% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in years to come.

In value terms, fluoropolymers exports surged to $X in 2021. Overall, exports enjoyed a perceptible expansion. The pace of growth appeared the most rapid in 2017 when exports increased by 71%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The biggest shipments were from Russia (X tons), together recording 100% of total export.

Russia was also the fastest-growing in terms of the fluoropolymers exports, with a CAGR of +5.0% 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 fluoropolymers supplier in the CIS.

In Russia, fluoropolymers exports expanded at an average annual rate of +3.2% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in the CIS amounted to $X per ton, surging by 43% against the previous year. Over the period under review, the export price, however, showed a slight setback. The level of export peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat 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 -1.8% per year.

Fluoropolymers Imports

Imports in CIS

In 2021, supplies from abroad of fluoropolymers decreased by -9.1% to X tons for the first time since 2017, thus ending a three-year rising trend. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when imports increased by 85% against the previous year. The volume of import peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, fluoropolymers imports rose remarkably to $X in 2021. Total imports indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +3.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +102.5% against 2015 indices. The most prominent rate of growth was recorded in 2016 with an increase of 52% against the previous year. Over the period under review, imports reached the maximum in 2021 and are likely to continue growth in years to come.

Imports by Country

Russia dominates imports structure, finishing at X tons, which was near 89% of total imports in 2021. It was distantly followed by Belarus (X tons), making up an 8.5% share of total imports. Uzbekistan (X tons) followed a long way behind the leaders.

Russia was also the fastest-growing in terms of the fluoropolymers imports, with a CAGR of +3.3% from 2012 to 2021. At the same time, Uzbekistan (+1.8%) displayed positive paces of growth. By contrast, Belarus (-12.9%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Russia and Uzbekistan increased by +21 and +1.5 percentage points, respectively.

In value terms, Russia ($X) constitutes the largest market for imported fluoropolymers in the CIS, comprising 91% of total imports. The second position in the ranking was held by Belarus ($X), with a 6.7% share of total imports.

In Russia, fluoropolymers imports increased at an average annual rate of +5.3% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Belarus (-7.6% per year) and Uzbekistan (-1.7% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2021, surging by 18% against the previous year. Over the last nine years, it increased at an average annual rate of +3.4%. The pace of growth appeared the most rapid in 2018 an increase of 23% against the previous year. Over the period under review, import prices reached the peak figure in 2021 and is likely to continue growth in the near future.

Average prices varied somewhat amongst the major importing countries. In 2021, 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 2021, the most notable rate of growth in terms of prices was attained by Belarus (+6.0%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :