CIS: Plastic Container Market 2024

Plastic Container Market Size in CIS

The CIS plastic container market expanded sharply to $X in 2021, surging by 14% against the previous year. The total consumption indicated mild growth from 2012 to 2021: its value increased at an average annual rate of +1.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -4.7% against 2019 indices. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Plastic Container Production in CIS

In value terms, plastic container production expanded markedly to $X in 2021 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the production volume increased by 29%. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Plastic Container Exports

Exports in CIS

In 2021, plastic container exports in the CIS expanded slightly to X tons, picking up by 4.9% on the previous year's figure. Overall, exports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2018 when exports increased by 17% against the previous year. The volume of export peaked in 2021 and is likely to continue growth in the near future.

In value terms, plastic container exports soared to $X in 2021. Total exports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +5.1% 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 +88.3% against 2015 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Belarus (X tons) and Russia (X tons) represented the major exporters of plastic containers in the CIS, together accounting for approx. 88% of total exports. It was distantly followed by Kyrgyzstan (X tons), committing a 10% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Kyrgyzstan (with a CAGR of +18.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Belarus ($X), Russia ($X) and Kyrgyzstan ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined 97% share of total exports.

Russia, with a CAGR of +13.0%, recorded the highest growth rate of the value of exports, among 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 2021, the export price in the CIS amounted to $X per ton, increasing by 23% against the previous year. Overall, the export price, however, continues to indicate a pronounced shrinkage. Over the period under review, the export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Belarus ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (-1.6%), while the other leaders experienced a decline in the export price figures.

Plastic Container Imports

Imports in CIS

In 2021, approx. X tons of plastic containers were imported in the CIS; approximately equating 2020. Total imports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +5.3% 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 decreased by -0.9% against 2019 indices. The most prominent rate of growth was recorded in 2017 with an increase of 26% against the previous year. The volume of import peaked at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, plastic container imports skyrocketed to $X in 2021. Total imports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +5.7% 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 +94.7% against 2015 indices. The most prominent rate of growth was recorded in 2017 with an increase of 27%. Over the period under review, imports attained the peak figure in 2021 and are likely to continue growth in years to come.

Imports by Country

Russia represented the major importing country with an import of about X tons, which amounted to 48% of total imports. Kazakhstan (X tons) took the second position in the ranking, distantly followed by Belarus (X tons) and Kyrgyzstan (X tons). All these countries together took near 43% share of total imports. Moldova (X tons) took a little share of total imports.

From 2012 to 2021, the biggest increases were recorded for Kyrgyzstan (with a CAGR of +35.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constitutes the largest market for imported plastic containers in the CIS, comprising 54% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a 20% share of total imports. It was followed by Belarus, with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Russia totaled +2.7%. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (+14.6% per year) and Belarus (+5.3% per year).

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per ton, rising by 20% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. Over the period under review, import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Belarus ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Moldova (+2.1%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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