CIS: Linoleum Market 2024

Linoleum Market Size in CIS

The CIS linoleum market expanded notably to $X in 2021, with an increase of 11% against the previous year. Overall, consumption continues to indicate a slight contraction. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Linoleum Production in CIS

In value terms, linoleum production surged to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a slight slump. The level of production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Linoleum Exports

Exports in CIS

In 2021, shipments abroad of linoleum increased by 17% to X square meters, rising for the fifth year in a row after two years of decline. In general, exports recorded a prominent expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 63%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, linoleum exports surged to $X in 2021. Over the period under review, exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2019 with an increase of 59%. Over the period under review, the exports reached the peak figure in 2021 and are likely to continue growth in years to come.

Exports by Country

Russia prevails in exports structure, resulting at X square meters, which was near 98% of total exports in 2021. Uzbekistan (X square meters) held a minor share of total exports.

Russia was also the fastest-growing in terms of the linoleum exports, with a CAGR of +11.6% from 2012 to 2021. Uzbekistan (-29.1%) illustrated a downward trend over the same period. While the share of Uzbekistan (+1.6 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest linoleum supplier in the CIS, comprising 99% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a 1.2% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Russia stood at +8.4%.

Export Prices by Country

The export price in the CIS stood at $X per square meter in 2021, picking up by 16% against the previous year. Over the period under review, the export price, however, saw a perceptible reduction. The level of export peaked at $X per square meter in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+2.0%).

Linoleum Imports

Imports in CIS

In 2021, supplies from abroad of linoleum decreased by -19.6% to X square meters for the first time since 2016, thus ending a four-year rising trend. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 52% against the previous year. Over the period under review, imports attained the maximum at X square meters in 2020, and then dropped rapidly in the following year.

In value terms, linoleum imports amounted to $X in 2021. Over the period under review, imports, however, posted a moderate expansion. The most prominent rate of growth was recorded in 2017 with an increase of 68% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Kazakhstan represented the major importing country with an import of around X square meters, which finished at 43% of total imports. Uzbekistan (X square meters) held an 11% share (based on physical terms) of total imports, which put it in second place, followed by Belarus (11%), Kyrgyzstan (11%), Russia (7.3%), Azerbaijan (6.8%) and Tajikistan (6.7%).

Imports into Kazakhstan decreased at an average annual rate of -2.3% from 2012 to 2021. At the same time, Tajikistan (+28.1%), Uzbekistan (+19.1%) and Belarus (+4.3%) displayed positive paces of growth. Moreover, Tajikistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +28.1% from 2012-2021. By contrast, Kyrgyzstan (-1.1%), Azerbaijan (-2.6%) and Russia (-6.7%) illustrated a downward trend over the same period. Uzbekistan (+11 p.p.), Tajikistan (+6 p.p.) and Belarus (+3.3 p.p.) significantly strengthened its position in terms of the total imports, while Kyrgyzstan, Azerbaijan, Russia and Kazakhstan saw its share reduced by -1.5%, -2.1%, -6.7% and -11.5% from 2012 to 2021, respectively.

In value terms, Kazakhstan ($X) constitutes the largest market for imported linoleum in the CIS, comprising 38% of total imports. The second position in the ranking was taken by Russia ($X), with a 14% share of total imports. It was followed by Tajikistan, with a 14% share.

In Kazakhstan, linoleum imports remained relatively stable over the period from 2012-2021. In the other countries, the average annual rates were as follows: Russia (+1.6% per year) and Tajikistan (+20.3% per year).

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per square meter, jumping by 40% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.6%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Tajikistan ($X per square meter), while Azerbaijan ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Azerbaijan (+13.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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