CIS: Plastic Ornamental Articles Market 2024

Plastic Ornamental Articles Market Size in CIS

In 2022, the CIS plastic ornamental articles market was finally on the rise to reach $X after three years of decline. Overall, consumption, however, saw a noticeable descent. The most prominent rate of growth was recorded in 2018 when the market value increased by 7.1%. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Plastic Ornamental Articles Production in CIS

In value terms, plastic ornamental articles production rose to $X in 2022 estimated in export price. In general, production, however, showed a pronounced contraction. The pace of growth appeared the most rapid in 2018 when the production volume increased by 42%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Plastic Ornamental Articles Exports

Exports in CIS

In 2022, the amount of statuettes and other ornamental articles of plastic exported in the CIS fell to X tons, shrinking by -11.3% against the previous year. Over the period under review, exports, however, saw a significant increase. The growth pace was the most rapid in 2017 with an increase of 112%. The volume of export peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, plastic ornamental articles exports dropped to $X in 2022. In general, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2014 with an increase of 76%. Over the period under review, the exports hit record highs at $X in 2021, and then fell slightly in the following year.

Exports by Country

Russia was the main exporter of statuettes and other ornamental articles of plastic in the CIS, with the volume of exports resulting at X tons, which was approx. 62% of total exports in 2022. It was distantly followed by Belarus (X tons), generating a 32% share of total exports. Uzbekistan (X tons) and Kazakhstan (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Belarus (with a CAGR of +37.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) remains the largest plastic ornamental articles supplier in the CIS, comprising 67% of total exports. The second position in the ranking was taken by Belarus ($X), with a 30% share of total exports. It was followed by Kazakhstan, with a 1.1% share.

In Russia, plastic ornamental articles exports increased at an average annual rate of +19.7% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Belarus (+30.8% per year) and Kazakhstan (+16.7% per year).

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, surging by 10% against the previous year. In general, the export price, however, showed a noticeable decrease. The growth pace was the most rapid in 2020 an increase of 40%. Over the period under review, the export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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 Russia ($X per ton), while Uzbekistan ($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 (-1.3%), while the other leaders experienced a decline in the export price figures.

Plastic Ornamental Articles Imports

Imports in CIS

Plastic ornamental articles imports declined slightly to X tons in 2022, waning by -4% against the year before. Overall, imports saw a noticeable setback. The most prominent rate of growth was recorded in 2017 with an increase of 65% against the previous year. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, plastic ornamental articles imports fell to $X in 2022. In general, imports recorded a noticeable descent. The most prominent rate of growth was recorded in 2017 with an increase of 73%. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Russia dominates imports structure, amounting to X tons, which was approx. 73% of total imports in 2022. Kazakhstan (X tons) held a 7.1% share (based on physical terms) of total imports, which put it in second place, followed by Belarus (6.1%). Azerbaijan (X tons), Kyrgyzstan (X tons), Armenia (X tons) and Uzbekistan (X tons) followed a long way behind the leaders.

Imports into Russia decreased at an average annual rate of -5.2% from 2012 to 2022. At the same time, Kyrgyzstan (+23.8%), Azerbaijan (+13.8%), Kazakhstan (+10.0%), Belarus (+8.7%), Armenia (+4.8%) and Uzbekistan (+2.7%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +23.8% from 2012-2022. From 2012 to 2022, the share of Kazakhstan, Belarus, Azerbaijan, Kyrgyzstan and Uzbekistan increased by +5.2, +4.2, +3, +2.9 and +1.9 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported statuettes and other ornamental articles of plastic in the CIS, comprising 74% of total imports. The second position in the ranking was taken by Belarus ($X), with a 6.8% share of total imports. It was followed by Kazakhstan, with a 5.7% share.

In Russia, plastic ornamental articles imports declined by an average annual rate of -4.8% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Belarus (+4.8% per year) and Kazakhstan (+8.8% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, which is down by -6.7% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by 22%. As a result, import price attained the peak level of $X per ton, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kyrgyzstan ($X per ton), while Uzbekistan ($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 (+10.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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