Russian Federation: Market for Benzoyl Peroxide And Benzoyl Chloride 2025

Market Size for Benzoyl Peroxide And Benzoyl Chloride in the Russian Federation

The Russian benzoyl peroxide and chloride market expanded rapidly to $X in 2022, increasing by 6.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +3.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Exports of Benzoyl Peroxide And Benzoyl Chloride

Exports from the Russian Federation

In 2022, the amount of benzoyl peroxide and benzoyl chloride exported from Russia dropped markedly to X tons, which is down by -39.2% compared with the previous year. Overall, exports, however, saw a perceptible expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 363% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, benzoyl peroxide and chloride exports declined remarkably to $X in 2022. In general, exports continue to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 281%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Kazakhstan (X tons) was the main destination for benzoyl peroxide and chloride exports from Russia, with a approx. 99.9% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Kazakhstan amounted to +2.3%.

In value terms, Kazakhstan ($X) also remains the key foreign market for benzoyl peroxide and benzoyl chloride exports from Russia.

From 2012 to 2022, the average annual rate of growth in terms of value to Kazakhstan amounted to -1.9%.

Export Prices by Country

The average benzoyl peroxide and chloride export price stood at $X per ton in 2022, with an increase of 3.8% against the previous year. In general, the export price, however, recorded a noticeable reduction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 47% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to -4.1% per year.

Imports of Benzoyl Peroxide And Benzoyl Chloride

Imports into the Russian Federation

In 2022, overseas purchases of benzoyl peroxide and benzoyl chloride decreased by -1.2% to X tons for the first time since 2019, thus ending a two-year rising trend. The total import volume increased at an average annual rate of +2.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 29%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, benzoyl peroxide and chloride imports amounted to $X in 2022. The total import value increased at an average annual rate of +3.5% 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 2020 when imports increased by 36% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Mexico (X tons) constituted the largest benzoyl peroxide and chloride supplier to Russia, accounting for a 74% share of total imports. Moreover, benzoyl peroxide and chloride imports from Mexico exceeded the figures recorded by the second-largest supplier, Poland (X tons), fivefold. The third position in this ranking was held by Germany (X tons), with a 7.7% share.

From 2012 to 2022, the average annual growth rate of volume from Mexico stood at +38.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+38.7% per year) and Germany (-1.5% per year).

In value terms, Mexico ($X) constituted the largest supplier of benzoyl peroxide and benzoyl chloride to Russia, comprising 58% of total imports. The second position in the ranking was held by Poland ($X), with a 27% share of total imports. It was followed by Germany, with a 6.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Mexico totaled +38.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+29.8% per year) and Germany (-0.4% per year).

Import Prices by Country

The average benzoyl peroxide and chloride import price stood at $X per ton in 2022, rising by 4.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2020 an increase of 16%. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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