CIS: Market for Oleic, Linoleic Or Linolenic Acids, Their Salts And Esters 2025

Market Size for Oleic, Linoleic Or Linolenic Acids, Their Salts And Esters in CIS

In 2021, the CIS market for oleic, linoleic or linolenic acids, their salts and esters increased by 41% to $X, rising for the fourth consecutive year after three years of decline. Overall, consumption showed a remarkable increase. The level of consumption peaked in 2021 and is likely to see gradual growth in the immediate term.

Production of Oleic, Linoleic Or Linolenic Acids, Their Salts And Esters in CIS

In value terms, oleic, linoleic or linolenic acids production stood at $X in 2021 estimated in export price. The total production indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +2.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -1.7% against 2019 indices. The most prominent rate of growth was recorded in 2018 with an increase of 27% against the previous year. Over the period under review, production hit record highs at $X in 2019; afterwards, it flattened through to 2021.

Exports of Oleic, Linoleic Or Linolenic Acids, Their Salts And Esters

Exports in CIS

In 2021, after four years of decline, there was significant growth in shipments abroad of oleic, linoleic or linolenic acids, their salts and esters, when their volume increased by 132% to X tons. Overall, exports, however, recorded a slight reduction. The volume of export peaked at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, oleic, linoleic or linolenic acids exports surged to $X in 2021. In general, exports continue to indicate moderate growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Russia (X tons) represented the main exporter of oleic, linoleic or linolenic acids, their salts and esters, creating 88% of total exports. It was distantly followed by Belarus (X tons), achieving a 12% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to oleic, linoleic or linolenic acids exports from Russia stood at -2.6%. At the same time, Belarus (+15.0%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +15.0% from 2012-2021. Belarus (+9.3 p.p.) significantly strengthened its position in terms of the total exports, while Russia saw its share reduced by -9.3% from 2012 to 2021, respectively.

In value terms, Russia ($X) emerged as the largest oleic, linoleic or linolenic acids supplier in the CIS, comprising 82% of total exports. The second position in the ranking was held by Belarus ($X), with an 18% share of total exports.

In Russia, oleic, linoleic or linolenic acids exports expanded at an average annual rate of +1.3% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in the CIS amounted to $X per ton, with an increase of 74% against the previous year. Export price indicated a tangible increase from 2012 to 2021: its price increased at an average annual rate of +4.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 an increase of 117% against the previous year. The level of export peaked in 2021 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belarus ($X per ton), while Russia stood at $X per ton.

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

Imports of Oleic, Linoleic Or Linolenic Acids, Their Salts And Esters

Imports in CIS

In 2021, supplies from abroad of oleic, linoleic or linolenic acids, their salts and esters increased by 31% to X tons, rising for the fourth year in a row after three years of decline. Total imports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +5.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +156.5% against 2017 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 64% against the previous year. The volume of import peaked in 2021 and is likely to continue growth in the immediate term.

In value terms, oleic, linoleic or linolenic acids imports skyrocketed to $X in 2021. Overall, imports posted a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of oleic, linoleic or linolenic acids imports in 2021 were Russia (X tons), together resulting at 98% of total import.

Russia was also the fastest-growing in terms of the oleic, linoleic or linolenic acids, their salts and esters imports, with a CAGR of +6.3% from 2012 to 2021. Russia (+4 p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported oleic, linoleic or linolenic acids, their salts and esters in the CIS.

In Russia, oleic, linoleic or linolenic acids imports increased at an average annual rate of +7.8% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per ton, rising by 39% against the previous year. Over the last nine years, it increased at an average annual rate of +1.4%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, 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 +1.3% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :