CIS: Vinyl Chloride Market 2024

Vinyl Chloride Market Size in CIS

In 2022, the CIS vinyl chloride market decreased by X% to $X, falling for the second consecutive year after two years of growth. In general, consumption saw a significant curtailment. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Vinyl Chloride Production in CIS

In value terms, vinyl chloride production expanded to $X in 2022 estimated in export price. The total production indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Vinyl Chloride Exports

Exports in CIS

In 2021, approx. less than X kg of vinyl chloride (chloroethylene) were exported in the CIS; standing approx. at 2020. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, the exports reached the peak of X tons. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, vinyl chloride exports amounted to $X in 2021. Over the period under review, exports showed a dramatic slump. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The biggest shipments were from Russia (X tons), together recording X% of total export.

Russia was also the fastest-growing in terms of the vinyl chloride (chloroethylene) exports, with a CAGR of X% from 2014 to 2016. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) also remains the largest vinyl chloride supplier in the CIS.

In Russia, vinyl chloride exports increased at an average annual rate of X% over the period from 2014-2016.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2016, which is down by X% against the previous year. Overall, the export price, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2015 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then dropped dramatically in the following year.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2014 to 2016, the rate of growth in terms of prices for Russia amounted to X% per year.

Vinyl Chloride Imports

Imports in CIS

In 2022, purchases abroad of vinyl chloride (chloroethylene) decreased by X% to X tons, falling for the second consecutive year after two years of growth. In general, imports faced a precipitous contraction. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, vinyl chloride imports dropped notably to $X in 2022. Overall, imports showed a dramatic curtailment. The most prominent rate of growth was recorded in 2014 when imports increased by X%. The level of import peaked at $X in 2012; afterwards, it flattened through to 2022.

Imports by Country

Belarus represented the major importer of vinyl chloride (chloroethylene) in the CIS, with the volume of imports amounting to X kg, which was near X% of total imports in 2022. It was distantly followed by Moldova (X kg), mixing up a X% share of total imports. Kazakhstan (X kg) took a relatively small share of total imports.

Belarus was also the fastest-growing in terms of the vinyl chloride (chloroethylene) imports, with a CAGR of X% from 2012 to 2022. Moldova (X%) and Kazakhstan (X%) illustrated a downward trend over the same period. Belarus (X p.p.), Moldova (X p.p.) and Kazakhstan (X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belarus ($X) constitutes the largest market for imported vinyl chloride (chloroethylene) in the CIS, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total imports.

In Belarus, vinyl chloride imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (X% per year) and Moldova (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, surging by X% against the previous year. Overall, the import price continues to indicate perceptible growth. The pace of growth appeared the most rapid in 2014 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while Belarus ($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 (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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