CIS: Plastic Supports Market 2024

Plastic Supports Market Size in CIS

The CIS plastic supports market expanded to $X in 2022, increasing by 4.9% against the previous year. In general, consumption posted a remarkable increase. The level of consumption peaked in 2022 and is expected to retain growth in the immediate term.

Plastic Supports Production in CIS

In value terms, plastic supports production stood at $X in 2022 estimated in export price. The total production indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -0.9% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of 34% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Plastic Supports Exports

Exports in CIS

In 2022, shipments abroad of spools, cops, bobbins and similar supports of plastics was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports continue to indicate resilient growth. The pace of growth was the most pronounced in 2019 when exports increased by 46%. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, plastic supports exports stood at $X in 2022. In general, exports showed resilient growth. The most prominent rate of growth was recorded in 2014 with an increase of 70%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Moldova (X tons) and Russia (X tons) represented the key exporters of spools, cops, bobbins and similar supports of plastics in the CIS, together committing 79% of total exports. It was distantly followed by Belarus (X tons), mixing up an 18% share of total exports. Uzbekistan (X tons) took a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for Moldova (with a CAGR of +25.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Moldova ($X) remains the largest plastic supports supplier in the CIS, comprising 61% of total exports. The second position in the ranking was held by Russia ($X), with a 24% share of total exports. It was followed by Belarus, with a 13% share.

In Moldova, plastic supports exports expanded at an average annual rate of +52.6% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Russia (+1.2% per year) and Belarus (+4.5% per year).

Export Prices by Country

The export price in the CIS stood at $X per ton in 2022, falling by -6.9% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2014 when the export price increased by 34% against the previous year. The level of export peaked at $X per ton in 2021, and then reduced in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Moldova ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Moldova (+21.5%), while the other leaders experienced mixed trends in the export price figures.

Plastic Supports Imports

Imports in CIS

In 2022, imports of spools, cops, bobbins and similar supports of plastics in the CIS surged to X tons, jumping by 30% compared with the year before. Over the period under review, imports showed a strong increase. The pace of growth was the most pronounced in 2017 with an increase of 72% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, plastic supports imports soared to $X in 2022. In general, imports saw a strong expansion. The pace of growth appeared the most rapid in 2017 with an increase of 113% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in years to come.

Imports by Country

Russia represented the largest importing country with an import of about X tons, which accounted for 38% of total imports. It was distantly followed by Belarus (X tons), Uzbekistan (X tons), Moldova (X tons) and Azerbaijan (X tons), together constituting a 58% share of total imports. Kazakhstan (X tons) held a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Moldova (with a CAGR of +27.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Uzbekistan ($X) and Belarus ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 77% share of total imports. Moldova, Kazakhstan and Azerbaijan lagged somewhat behind, together comprising a further 22%.

Moldova, with a CAGR of +45.8%, recorded the highest rates of growth with regard to 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 2022, the import price in the CIS amounted to $X per ton, increasing by 10% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 24%. Over the period under review, import prices reached the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Uzbekistan ($X per ton), while Azerbaijan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Moldova (+14.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :