CIS: Market for Plastics Pipes And Pipe Fittings 2024

Market Size for Plastics Pipes And Pipe Fittings in CIS

The CIS market for plastics pipes and pipe fittings fell modestly to $X in 2022, approximately reflecting the previous year. Overall, consumption, however, saw a slight contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Plastics Pipes And Pipe Fittings in CIS

In value terms, plastics pipe and pipe fitting production reduced slightly to $X in 2022 estimated in export price. In general, production, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2016 when the production volume increased by 33% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Plastics Pipes And Pipe Fittings

Exports in CIS

After six years of growth, overseas shipments of plastics pipes and pipe fittings decreased by -2.3% to X tons in 2022. In general, exports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 59% against the previous year. The volume of export peaked at X tons in 2021, and then shrank slightly in the following year.

In value terms, plastics pipe and pipe fitting exports contracted slightly to $X in 2022. Over the period under review, exports, however, showed strong growth. The most prominent rate of growth was recorded in 2017 when exports increased by 51% against the previous year. The level of export peaked at $X in 2021, and then fell in the following year.

Exports by Country

Russia prevails in exports structure, finishing at X tons, which was near 74% of total exports in 2022. Belarus (X tons) took a 7.8% share (based on physical terms) of total exports, which put it in second place, followed by Kazakhstan (7.4%). Uzbekistan (X tons), Azerbaijan (X tons) and Kyrgyzstan (X tons) followed a long way behind the leaders.

Exports from Russia increased at an average annual rate of +11.9% from 2012 to 2022. At the same time, Kyrgyzstan (+53.5%), Azerbaijan (+33.8%), Kazakhstan (+9.6%) and Belarus (+4.2%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +53.5% from 2012-2022. By contrast, Uzbekistan (-1.9%) illustrated a downward trend over the same period. While the share of Uzbekistan (+3.8 p.p.), Russia (+2.8 p.p.), Azerbaijan (+2.8 p.p.) and Kyrgyzstan (+2.5 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Belarus (-7.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest plastics pipe and pipe fitting supplier in the CIS, comprising 72% of total exports. The second position in the ranking was held by Belarus ($X), with a 12% share of total exports. 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 stood at +6.3%. The remaining exporting countries recorded the following average annual rates of exports growth: Belarus (+5.5% per year) and Kazakhstan (+10.5% per year).

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, almost unchanged from the previous year. Overall, the export price saw a noticeable descent. The pace of growth was the most pronounced in 2021 when the export price increased by 20%. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+1.2%), while the other leaders experienced mixed trends in the export price figures.

Imports of Plastics Pipes And Pipe Fittings

Imports in CIS

In 2022, after three years of growth, there was decline in purchases abroad of plastics pipes and pipe fittings, when their volume decreased by -4.5% to X tons. Overall, imports recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2017 when imports increased by 15% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, plastics pipe and pipe fitting imports dropped modestly to $X in 2022. In general, imports saw a noticeable decrease. The pace of growth was the most pronounced in 2021 when imports increased by 26% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Russia (X tons) represented the main importer of plastics pipes and pipe fittings, comprising 39% of total imports. Kazakhstan (X tons) ranks second in terms of the total imports with a 15% share, followed by Belarus (14%), Uzbekistan (8.6%), Azerbaijan (7.6%) and Moldova (6%). Kyrgyzstan (X tons) took a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to plastics pipe and pipe fitting imports into Russia stood at -9.7%. At the same time, Uzbekistan (+16.9%), Kyrgyzstan (+10.2%) and Belarus (+2.0%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +16.9% from 2012-2022. Moldova experienced a relatively flat trend pattern. By contrast, Azerbaijan (-1.3%) and Kazakhstan (-1.7%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Uzbekistan, Belarus, Kazakhstan, Kyrgyzstan, Moldova and Azerbaijan increased by +8.6, +6.9, +3.6, +2.9, +2.5 and +2 percentage points, respectively.

In value terms, Russia ($X) constitutes the largest market for imported plastics pipes and pipe fittings in the CIS, comprising 51% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a 15% share of total imports. It was followed by Belarus, with a 12% share.

In Russia, plastics pipe and pipe fitting imports declined by an average annual rate of -5.9% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Kazakhstan (-1.1% per year) and Belarus (-0.6% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, remaining constant against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The pace of growth appeared the most rapid in 2021 an increase of 21% against the previous year. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Russia ($X per ton), while Kyrgyzstan ($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 (+6.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :