Report Update Nov 1, 2024

CIS - Tall Oil - Market Analysis, Forecast, Size, Trends and Insights

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CIS: Tall Oil Market 2024

Tall Oil Market Size in CIS

The CIS tall oil market reached $X in 2021, remaining stable against the previous year. Overall, consumption, however, saw a noticeable downturn. The pace of growth was the most pronounced in 2019 with an increase of 7.4% against the previous year. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Tall Oil Production in CIS

In value terms, tall oil production contracted to $X in 2021 estimated in export price. Over the period under review, production, however, saw a mild curtailment. The pace of growth was the most pronounced in 2018 when the production volume increased by 12% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Tall Oil Exports

Exports in CIS

After four years of growth, shipments abroad of tall oil decreased by -1.9% to X tons in 2021. Overall, exports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2017 when exports increased by 84%. Over the period under review, the exports hit record highs at X tons in 2020, and then contracted modestly in the following year.

In value terms, tall oil exports rose significantly to $X in 2021. In general, exports, however, showed a resilient increase. The pace of growth was the most pronounced in 2017 with an increase of 89% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are likely to see gradual growth in years to come.

Exports by Country

Russia represented the major exporting country with an export of around X tons, which finished at 72% of total exports. It was distantly followed by Belarus (X tons), generating a 28% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to tall oil exports from Russia stood at +6.1%. At the same time, Belarus (+125.4%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +125.4% from 2012-2021. While the share of Belarus (+28 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Russia (-28.5 p.p.) displayed negative dynamics.

In value terms, Russia ($X) remains the largest tall oil supplier in the CIS, comprising 71% of total exports. The second position in the ranking was taken by Belarus ($X), with a 29% share of total exports.

In Russia, tall oil exports increased at an average annual rate of +7.3% over the period from 2012-2021.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2021, surging by 11% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.3%. The growth pace was the most rapid in 2018 when the export price increased by 15% against the previous year. The level of export peaked in 2021 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Belarus ($X per ton), while Russia amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (+3.5%).

Tall Oil Imports

Imports in CIS

In 2021, tall oil imports in the CIS expanded remarkably to X tons, with an increase of 11% on the year before. Over the period under review, imports enjoyed buoyant growth. The growth pace was the most rapid in 2017 when imports increased by 340%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, tall oil imports surged to $X in 2021. In general, imports recorded a remarkable increase. The growth pace was the most rapid in 2017 with an increase of 403%. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

Russia dominates imports structure, reaching X tons, which was near 90% of total imports in 2021. It was distantly followed by Belarus (X tons), committing a 9.1% share of total imports.

Russia was also the fastest-growing in terms of the tall oil imports, with a CAGR of +35.9% from 2012 to 2021. Belarus (-8.5%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Russia increased by +69 percentage points.

In value terms, Russia ($X) constitutes the largest market for imported tall oil in the CIS, comprising 93% of total imports. The second position in the ranking was held by Belarus ($X), with a 5.3% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in Russia amounted to +15.8%.

Import Prices by Country

The import price in the CIS stood at $X per ton in 2021, picking up by 46% against the previous year. Over the period under review, the import price, however, saw a abrupt decrease. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (-4.1%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tall oil in the CIS?

Russia remains the largest tall oil consuming country in the CIS, accounting for 88% of total volume. Moreover, tall oil consumption in Russia exceeded the figures recorded by the second-largest consumer, Belarus, more than tenfold. Tajikistan ranked third in terms of total consumption with a 2.5% share.

What are the largest producers of tall oil in the CIS?

Russia constituted the country with the largest volume of tall oil production, accounting for 88% of total volume. Moreover, tall oil production in Russia exceeded the figures recorded by the second-largest producer, Belarus, more than tenfold. The third position in this ranking was occupied by Tajikistan, with a 2.4% share.

What are the leading suppliers of tall oil in the CIS?

In value terms, Russia remains the largest tall oil supplier in the CIS.

What are the leading importers of tall oil in the CIS?

In value terms, Russia constitutes the largest market for imported tall oil in the CIS, comprising 92% of total imports. The second position in the ranking was occupied by Belarus, with a 5.3% share of total imports.

What is the average export price for tall oil in the CIS?

The tall oil export price in the CIS stood at $502 per ton in 2021, with an increase of 10% against the previous year.

What is the average import price for tall oil in the CIS?

The tall oil import price in the CIS stood at $580 per ton in 2021, picking up by 47% against the previous year.

This report provides an in-depth analysis of the tall oil market in CIS. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20147130 - Tall oil, whether or not refined

Country coverage:

Armenia
Azerbaijan
Belarus
Kazakhstan
Kyrgyzstan
Moldova
Russia
Tajikistan
Uzbekistan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in CIS, split by region and country
Trade (exports and imports) in CIS
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Armenia
- Azerbaijan
- Belarus
- Kazakhstan
- Kyrgyzstan
- Moldova
- Russia
- Tajikistan
- Uzbekistan
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023