CIS: Hard Plastic Comb Market 2024

Hard Plastic Comb Market Size in CIS

The CIS hard plastic comb market shrank notably to $X in 2022, waning by -21% against the previous year. Overall, consumption saw a relatively flat trend pattern. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Hard Plastic Comb Production in CIS

In value terms, hard plastic comb production contracted significantly to $X in 2022 estimated in export price. Overall, production faced a abrupt descent. The pace of growth appeared the most rapid in 2014 when the production volume increased by 1,395%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Hard Plastic Comb Exports

Exports in CIS

Hard plastic comb exports skyrocketed to X tons in 2022, growing by 82% on the previous year's figure. Overall, exports posted a significant expansion. The pace of growth appeared the most rapid in 2017 with an increase of 151%. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, hard plastic comb exports soared to $X in 2022. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2017 with an increase of 82% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

In 2022, Belarus (X tons) was the main exporter of hard rubber or plastic combs, achieving 54% of total exports. It was distantly followed by Russia (X tons) and Uzbekistan (X tons), together comprising a 42% share of total exports. Kazakhstan (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to hard plastic comb exports from Belarus stood at +24.8%. At the same time, Uzbekistan (+178.7%), Kazakhstan (+47.8%) and Russia (+26.3%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +178.7% from 2012-2022. Uzbekistan (+18 p.p.) and Kazakhstan (+2.6 p.p.) significantly strengthened its position in terms of the total exports, while Russia and Belarus saw its share reduced by -3.6% and -15.8% from 2012 to 2022, respectively.

In value terms, Russia ($X), Uzbekistan ($X) and Belarus ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined 95% share of total exports.

Uzbekistan, with a CAGR of +283.6%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, which is down by -6.5% against the previous year. Over the period under review, the export price continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2013 when the export price increased by 103%. Over the period under review, the export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while Kazakhstan ($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 (+37.6%), while the other leaders experienced mixed trends in the export price figures.

Hard Plastic Comb Imports

Imports in CIS

In 2022, supplies from abroad of hard rubber or plastic combs increased by 1.5% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports continue to indicate a slight expansion. The growth pace was the most rapid in 2013 with an increase of 51% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, hard plastic comb imports dropped remarkably to $X in 2022. In general, imports showed a noticeable increase. The most prominent rate of growth was recorded in 2013 with an increase of 96%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Russia represented the largest importer of hard rubber or plastic combs in the CIS, with the volume of imports resulting at X tons, which was approx. 50% of total imports in 2022. Kazakhstan (X tons) ranks second in terms of the total imports with a 17% share, followed by Kyrgyzstan (11%), Belarus (8.3%) and Uzbekistan (7.5%). The following importers - Tajikistan (X tons) and Azerbaijan (X tons) - each accounted for a 4.5% share of total imports.

Imports into Russia increased at an average annual rate of +1.9% from 2012 to 2022. At the same time, Azerbaijan (+65.0%), Kyrgyzstan (+28.2%), Uzbekistan (+25.7%) and Belarus (+20.8%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +65.0% from 2012-2022. By contrast, Tajikistan (-3.6%) and Kazakhstan (-8.3%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Kyrgyzstan, Uzbekistan, Belarus, Russia and Azerbaijan increased by +9.6, +7.5, +6.9, +3.3 and +2.1 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported hard rubber or plastic combs in the CIS, comprising 66% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a 12% share of total imports. It was followed by Belarus, with a 7.7% share.

In Russia, hard plastic comb imports expanded at an average annual rate of +4.5% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Kazakhstan (-6.5% per year) and Belarus (+16.8% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, with a decrease of -24% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The pace of growth appeared the most rapid in 2021 an increase of 39% against the previous year. As a result, import price reached the peak level of $X per ton, and then shrank rapidly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per ton), while Uzbekistan ($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 (+22.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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