CIS: Market for Thiocarbamates And Dithiocarbamates; Thiuram Mono-, Di- Or Tetrasulphides; Methionine 2025

Market Size for Thiocarbamates And Dithiocarbamates; Thiuram Mono-, Di- Or Tetrasulphides; Methionine in CIS

In 2022, the CIS market for thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine decreased by -3.5% to $X for the first time since 2017, thus ending a four-year rising trend. The market value increased at an average annual rate of +1.3% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2021, and then dropped slightly in the following year.

Production of Thiocarbamates And Dithiocarbamates; Thiuram Mono-, Di- Or Tetrasulphides; Methionine in CIS

In value terms, production of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine dropped to $X in 2022 estimated in export price. In general, production recorded a pronounced downturn. The pace of growth was the most pronounced in 2015 with an increase of 32% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production of growth failed to regain momentum.

Exports of Thiocarbamates And Dithiocarbamates; Thiuram Mono-, Di- Or Tetrasulphides; Methionine

Exports in CIS

In 2022, after three years of decline, there was significant growth in shipments abroad of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine, when their volume increased by 16% to X tons. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by 22% against the previous year. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, exports of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine stood at $X in 2022. In general, exports, however, showed a pronounced decrease. The most prominent rate of growth was recorded in 2014 with an increase of 18% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Russia (X tons) was the largest exporter of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine, achieving 83% of total exports. It was distantly followed by Belarus (X tons), generating a 15% share of total exports.

Russia experienced a relatively flat trend pattern with regard to volume of exports of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine. At the same time, Belarus (+6.9%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +6.9% from 2012-2022. From 2012 to 2022, the share of Belarus increased by +7.2 percentage points.

In value terms, Russia ($X) remains the largest thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine supplier in the CIS, comprising 84% of total exports. The second position in the ranking was held by Belarus ($X), with a 14% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Russia totaled -4.7%.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2022, shrinking by -12.1% against the previous year. In general, the export price continues to indicate a noticeable slump. The pace of growth appeared the most rapid in 2015 an increase of 32%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while Belarus totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-3.9%).

Imports of Thiocarbamates And Dithiocarbamates; Thiuram Mono-, Di- Or Tetrasulphides; Methionine

Imports in CIS

Imports of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine expanded sharply to X tons in 2022, surging by 7.7% compared with 2021 figures. In general, imports posted resilient growth. The pace of growth was the most pronounced in 2020 when imports increased by 170%. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine amounted to $X in 2022. Over the period under review, imports showed a strong expansion. The pace of growth was the most pronounced in 2020 with an increase of 163% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

Russia prevails in methionine structure, resulting at X tons, which was approx. 74% of total imports in 2022. Belarus (X tons) ranks second in terms of the total imports with a 10% share, followed by Kazakhstan (6.6%) and Uzbekistan (5.3%). Azerbaijan (X tons) followed a long way behind the leaders.

Imports into Russia increased at an average annual rate of +12.4% from 2012 to 2022. At the same time, Kazakhstan (+15.3%), Uzbekistan (+12.1%), Azerbaijan (+10.1%) and Belarus (+2.1%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +15.3% from 2012-2022. From 2012 to 2022, the share of Russia, Uzbekistan and Kazakhstan increased by +6.2, +5.3 and +1.9 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine in the CIS, comprising 69% of total imports. The second position in the ranking was taken by Belarus ($X), with an 11% share of total imports. It was followed by Kazakhstan, with a 7.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia totaled +7.9%. In the other countries, the average annual rates were as follows: Belarus (-2.9% per year) and Kazakhstan (+10.5% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, shrinking by -6.5% against the previous year. In general, the import price recorded a perceptible slump. The most prominent rate of growth was recorded in 2015 an increase of 31% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Azerbaijan ($X per ton) and Uzbekistan ($X per ton), while Russia ($X per ton) and Belarus ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Azerbaijan (+8.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform