CIS: Market for Unsaturated Polyesters In Primary Forms 2025

Market Size for Unsaturated Polyesters In Primary Forms in CIS

In 2021, the CIS market for unsaturated polyesters in primary forms was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. The market value increased at an average annual rate of +1.9% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Production of Unsaturated Polyesters In Primary Forms in CIS

In value terms, unsaturated polyesters in primary forms production expanded markedly to $X in 2021 estimated in export price. The total production indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +3.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -25.4% against 2017 indices. The pace of growth appeared the most rapid in 2017 with an increase of 30%. As a result, production attained the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

Exports of Unsaturated Polyesters In Primary Forms

Exports in CIS

In 2021, shipments abroad of unsaturated polyesters in primary forms decreased by -10.7% to X tons, falling for the second year in a row after three years of growth. Over the period under review, exports, however, showed a prominent increase. The pace of growth appeared the most rapid in 2019 with an increase of 52% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, unsaturated polyesters in primary forms exports surged to $X in 2021. Total exports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +5.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +76.5% against 2016 indices. The most prominent rate of growth was recorded in 2014 when exports increased by 41% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Russia prevails in exports structure, amounting to X tons, which was approx. 94% of total exports in 2021. Belarus (X tons) took a minor share of total exports.

From 2012 to 2021, average annual rates of growth with regard to unsaturated polyesters in primary forms exports from Russia stood at +7.7%. At the same time, Belarus (+16.5%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +16.5% from 2012-2021. While the share of Russia (+6.2 p.p.) and Belarus (+2.3 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest unsaturated polyesters in primary forms supplier in the CIS, comprising 95% of total exports. The second position in the ranking was taken by Belarus ($X), with a 2.4% share of total exports.

In Russia, unsaturated polyesters in primary forms exports expanded at an average annual rate of +5.7% over the period from 2012-2021.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2021, with an increase of 38% against the previous year. Overall, the export price, however, recorded a mild downturn. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Russia ($X per ton), while Belarus totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (-1.9%).

Imports of Unsaturated Polyesters In Primary Forms

Imports in CIS

In 2021, imports of unsaturated polyesters in primary forms in the CIS totaled X tons, picking up by 7% on the previous year's figure. Total imports indicated a notable increase from 2012 to 2021: its volume increased at an average annual rate of +2.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -1.7% against 2019 indices. The most prominent rate of growth was recorded in 2016 when imports increased by 21% against the previous year. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, unsaturated polyesters in primary forms imports soared to $X in 2021. Total imports indicated a slight expansion from 2012 to 2021: its value increased at an average annual rate of +1.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Russia represented the key importing country with an import of about X tons, which resulted at 61% of total imports. Uzbekistan (X tons) held the second position in the ranking, followed by Belarus (X tons) and Kazakhstan (X tons). All these countries together held approx. 35% share of total imports. Azerbaijan (X tons) followed a long way behind the leaders.

Russia experienced a relatively flat trend pattern with regard to volume of imports of unsaturated polyesters in primary forms. At the same time, Uzbekistan (+23.0%), Azerbaijan (+11.1%), Belarus (+2.3%) and Kazakhstan (+1.3%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +23.0% from 2012-2021. From 2012 to 2021, the share of Uzbekistan and Azerbaijan increased by +16 and +1.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported unsaturated polyesters in primary forms in the CIS, comprising 66% of total imports. The second position in the ranking was held by Belarus ($X), with a 14% share of total imports. It was followed by Uzbekistan, with a 9.5% share.

In Russia, unsaturated polyesters in primary forms imports remained relatively stable over the period from 2012-2021. In the other countries, the average annual rates were as follows: Belarus (+0.6% per year) and Uzbekistan (+21.9% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2021, rising by 27% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Belarus ($X per ton), while Uzbekistan ($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 (+0.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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