CIS: Trichloroethylene And Tetrachloroethylene Market 2024

Trichloroethylene And Tetrachloroethylene Market Size in CIS

In 2021, after three years of decline, there was growth in the CIS trichloroethylene and tetrachloroethylene market, when its value increased by 2.6% to $X. The total consumption indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -14.0% against 2017 indices. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Trichloroethylene And Tetrachloroethylene Production in CIS

In value terms, trichloroethylene and tetrachloroethylene production rose slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.5% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2015 when the production volume increased by 18% against the previous year. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Trichloroethylene And Tetrachloroethylene Exports

Exports in CIS

In 2021, overseas shipments of trichloroethylene and tetrachloroethylene (perchloroethylene) increased by 14% to X tons, rising for the second year in a row after five years of decline. Overall, exports, however, showed a precipitous contraction. The most prominent rate of growth was recorded in 2020 with an increase of 25% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, trichloroethylene and tetrachloroethylene exports surged to $X in 2021. In general, exports, however, recorded a precipitous setback. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Russia dominates exports structure, accounting for X tons, which was near 97% of total exports in 2021. Belarus (X tons) followed a long way behind the leaders.

Exports from Russia decreased at an average annual rate of -25.1% from 2012 to 2021. At the same time, Belarus (+13.8%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +13.8% from 2012-2021. From 2012 to 2021, the share of Belarus increased by +2 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest trichloroethylene and tetrachloroethylene supplier in the CIS, comprising 96% of total exports. The second position in the ranking was taken by Belarus ($X), with a 1.7% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Russia stood at -22.3%.

Export Prices by Country

In 2021, the export price in the CIS amounted to $X per ton, jumping by 17% against the previous year. Export price indicated noticeable growth from 2012 to 2021: its price increased at an average annual rate of +3.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 an increase of 34% against the previous year. The level of export peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+3.8%).

Trichloroethylene And Tetrachloroethylene Imports

Imports in CIS

In 2021, imports of trichloroethylene and tetrachloroethylene (perchloroethylene) in the CIS reduced slightly to X tons, falling by -2.7% compared with 2020. Total imports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +6.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +9.1% against 2019 indices. The most prominent rate of growth was recorded in 2015 with an increase of 41%. Over the period under review, imports hit record highs at X tons in 2020, and then shrank modestly in the following year.

In value terms, trichloroethylene and tetrachloroethylene imports soared to $X in 2021. The total import value increased at an average annual rate of +3.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Russia prevails in imports structure, accounting for X tons, which was approx. 91% of total imports in 2021. Kazakhstan (X tons) and Belarus (X tons) followed a long way behind the leaders.

Imports into Russia increased at an average annual rate of +8.0% from 2012 to 2021. At the same time, Kazakhstan (+19.2%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +19.2% from 2012-2021. By contrast, Belarus (-11.1%) illustrated a downward trend over the same period. Russia (+14 p.p.) and Kazakhstan (+2.7 p.p.) significantly strengthened its position in terms of the total imports, while Belarus saw its share reduced by -11.4% from 2012 to 2021, respectively.

In value terms, Russia ($X) constitutes the largest market for imported trichloroethylene and tetrachloroethylene (perchloroethylene) in the CIS, comprising 89% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a 5.5% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in Russia amounted to +5.7%. In the other countries, the average annual rates were as follows: Kazakhstan (+13.3% per year) and Belarus (-16.1% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2021, rising by 36% against the previous year. Over the period under review, the import price, however, saw a perceptible decrease. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (-2.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :