Eastern Europe: Amino-Resin Market 2024

Amino-Resin Market Size in Eastern Europe

The East European amino-resin market fell dramatically to $X in 2022, which is down by X% against the previous year. In general, consumption saw a relatively flat trend pattern. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Amino-Resin Production in Eastern Europe

In value terms, amino-resin production totaled $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Amino-Resin Exports

Exports in Eastern Europe

In 2022, overseas shipments of amino-resins, phenolic resins and polyurethanes (in primary forms) decreased by X% to X tons, falling for the second consecutive year after four years of growth. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, amino-resin exports rose notably to $X in 2022. Total exports indicated resilient growth 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, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by X%. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

Exports by Country

In 2022, Poland (X tons) was the largest exporter of amino-resins, phenolic resins and polyurethanes (in primary forms), mixing up X% of total exports. Hungary (X tons) ranks second in terms of the total exports with a X% share, followed by Russia (X%), the Czech Republic (X%), Romania (X%), Belarus (X%) and Slovakia (X%).

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

In value terms, the largest amino-resin supplying countries in Eastern Europe were Hungary ($X), Poland ($X) and Russia ($X), with a combined X% share of total exports. Romania, the Czech Republic, Slovakia and Belarus lagged somewhat behind, together accounting for a further X%.

Belarus, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, picking up by X% against the previous year. Export price indicated pronounced growth from 2012 to 2022: its price 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, amino-resin export price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Hungary ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Amino-Resin Imports

Imports in Eastern Europe

In 2022, after two years of growth, there was significant decline in overseas purchases of amino-resins, phenolic resins and polyurethanes (in primary forms), when their volume decreased by X% to X tons. Total imports indicated a buoyant increase from 2012 to 2022: its volume 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, imports increased by X% against 2012 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports reached the peak figure at X tons in 2021, and then reduced in the following year.

In value terms, amino-resin imports declined to $X in 2022. Over the period under review, imports, however, continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then fell in the following year.

Imports by Country

In 2022, Poland (X tons), distantly followed by Russia (X tons), Belarus (X tons), Ukraine (X tons), the Czech Republic (X tons), Romania (X tons), Hungary (X tons) and Bulgaria (X tons) represented the key importers of amino-resins, phenolic resins and polyurethanes (in primary forms), together making up X% of total imports.

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

In value terms, the largest amino-resin importing markets in Eastern Europe were Poland ($X), Russia ($X) and the Czech Republic ($X), together accounting for X% of total imports.

Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, surging by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Romania ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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