CIS: Saturated Acyclic Hydrocarbons Market 2024

Saturated Acyclic Hydrocarbons Market Size in CIS

The CIS saturated acyclic hydrocarbons market amounted to $X in 2022, almost unchanged from the previous year. The total consumption indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +51.3% against 2018 indices. Over the period under review, the market hit record highs in 2022 and is likely to see steady growth in years to come.

Saturated Acyclic Hydrocarbons Production in CIS

In value terms, saturated acyclic hydrocarbons production dropped to $X in 2022 estimated in export price. In general, production, however, saw a mild downturn. The most prominent rate of growth was recorded in 2021 when the production volume increased by 26%. The level of production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Saturated Acyclic Hydrocarbons Exports

Exports in CIS

In 2022, overseas shipments of saturated acyclic hydrocarbons were finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Overall, exports, however, saw a perceptible slump. The pace of growth was the most pronounced in 2018 when exports increased by 66% against the previous year. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, saturated acyclic hydrocarbons exports fell modestly to $X in 2022. In general, exports, however, showed a abrupt downturn. The growth pace was the most rapid in 2018 with an increase of 72%. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Russia prevails in exports structure, reaching X tons, which was approx. 87% of total exports in 2022. Kazakhstan (X tons) held the second position in the ranking, followed by Belarus (X tons). All these countries together held near 13% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to saturated acyclic hydrocarbons exports from Russia stood at -4.5%. At the same time, Kazakhstan (+30.8%) and Belarus (+20.8%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +30.8% from 2012-2022. While the share of Kazakhstan (+6.5 p.p.) and Belarus (+5.7 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Russia (-12.2 p.p.) displayed negative dynamics.

In value terms, Russia ($X) remains the largest saturated acyclic hydrocarbons supplier in the CIS, comprising 86% of total exports. The second position in the ranking was taken by Belarus ($X), with an 11% share of total exports.

In Russia, saturated acyclic hydrocarbons exports plunged by an average annual rate of -11.0% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Belarus (+19.9% per year) and Kazakhstan (+16.5% per year).

Export Prices by Country

The export price in the CIS stood at $X per ton in 2022, falling by -23.5% against the previous year. Over the period under review, the export price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 an increase of 54% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belarus ($X per ton), while Kazakhstan ($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 (-0.7%), while the other leaders experienced a decline in the export price figures.

Saturated Acyclic Hydrocarbons Imports

Imports in CIS

In 2022, the amount of saturated acyclic hydrocarbons imported in the CIS surged to X tons, jumping by 43% compared with the previous year. Overall, imports posted a prominent increase. The growth pace was the most rapid in 2020 with an increase of 65%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, saturated acyclic hydrocarbons imports declined modestly to $X in 2022. Over the period under review, imports posted a moderate expansion. The pace of growth was the most pronounced in 2018 with an increase of 134%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Belarus was the main importing country with an import of about X tons, which finished at 56% of total imports. Kyrgyzstan (X tons) ranks second in terms of the total imports with a 24% share, followed by Russia (13%). Kazakhstan (X tons), Azerbaijan (X tons) and Uzbekistan (X tons) held a relatively small share of total imports.

Imports into Belarus increased at an average annual rate of +52.1% from 2012 to 2022. At the same time, Azerbaijan (+116.2%), Uzbekistan (+68.1%), Kyrgyzstan (+22.5%) and Kazakhstan (+18.7%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +116.2% from 2012-2022. By contrast, Russia (-10.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Belarus, Kyrgyzstan, Azerbaijan, Kazakhstan and Uzbekistan increased by +54, +17, +1.9, +1.7 and +1.6 percentage points, respectively.

In value terms, Belarus ($X) constitutes the largest market for imported saturated acyclic hydrocarbons in the CIS, comprising 69% of total imports. The second position in the ranking was held by Russia ($X), with a 13% share of total imports. It was followed by Kyrgyzstan, with a 7.9% share.

In Belarus, saturated acyclic hydrocarbons imports increased at an average annual rate of +11.0% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Russia (-10.2% per year) and Kyrgyzstan (+23.0% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, which is down by -29.9% against the previous year. Overall, the import price continues to indicate a noticeable descent. The pace of growth was the most pronounced in 2018 when the import price increased by 145% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+1.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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