CIS: Propellant Powders Market 2024

Propellant Powders Market Size in CIS

In 2021, the CIS propellant powders market was finally on the rise to reach $X after two years of decline. Overall, consumption recorded a noticeable contraction. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Propellant Powders Production in CIS

In value terms, propellant powders production expanded slightly to $X in 2021 estimated in export price. Overall, production recorded a noticeable contraction. The pace of growth was the most pronounced in 2018 when the production volume increased by 14%. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Propellant Powders Exports

Exports in CIS

In 2021, propellant powders exports in the CIS skyrocketed to X tons, growing by 44% against 2020 figures. Over the period under review, exports, however, recorded a dramatic downturn. The pace of growth appeared the most rapid in 2016 when exports increased by 62%. The volume of export peaked at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, propellant powders exports expanded markedly to $X in 2021. Overall, exports, however, continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2019 when exports increased by 200% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, Kazakhstan (X tons) was the key exporter of propellant powders, constituting 61% of total exports. Armenia (X kg) held the second position in the ranking, followed by Belarus (X kg). All these countries together held approx. 39% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to propellant powders exports from Kazakhstan stood at -4.0%. Armenia experienced a relatively flat trend pattern. Belarus (-25.5%) illustrated a downward trend over the same period. Kazakhstan (+59 p.p.), Armenia (+20 p.p.) and Belarus (+18 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) remains the largest propellant powders supplier in the CIS, comprising 73% of total exports. The second position in the ranking was held by Belarus ($X), with a 14% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Kazakhstan totaled -2.6%. The remaining exporting countries recorded the following average annual rates of exports growth: Belarus (-23.7% per year) and Armenia (0.0% per year).

Export Prices by Country

In 2021, the export price in the CIS amounted to $X per ton, with a decrease of -25.3% against the previous year. Overall, the export price, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2019 when the export price increased by 93%. The level of export peaked at $X per ton in 2020, and then dropped markedly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (+2.4%).

Propellant Powders Imports

Imports in CIS

In 2021, supplies from abroad of propellant powders increased by 1.8% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2018 when imports increased by 35%. The volume of import peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, propellant powders imports stood at $X in 2021. Over the period under review, imports, however, showed a abrupt setback. The pace of growth was the most pronounced in 2018 with an increase of 30%. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Kazakhstan (X tons) and Kyrgyzstan (X tons) represented the main importers of propellant powders in 2021, amounting to approx. 34% and 30% of total imports, respectively. Uzbekistan (X tons) took the next position in the ranking, followed by Azerbaijan (X tons). All these countries together held near 31% share of total imports. Belarus (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Kyrgyzstan (with a CAGR of +58.7%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Kazakhstan ($X), Kyrgyzstan ($X) and Uzbekistan ($X) were the countries with the highest levels of imports in 2021, together accounting for 80% of total imports.

Kyrgyzstan, with a CAGR of +57.4%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per ton, almost unchanged from the previous year. Over the period under review, the import price saw a mild expansion. The pace of growth appeared the most rapid in 2016 an increase of 10% against the previous year. The level of import peaked at $X per ton in 2019; afterwards, it flattened through to 2021.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Azerbaijan (+4.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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