Russian Federation: Market for Cellular Plates, Sheets and Films of Polyymers of Styrene 2024

Market Size for Cellular Plates, Sheets and Films of Polyymers of Styrene in the Russian Federation

In 2022, after three years of growth, there was decline in the Russian market for cellular plates, sheets and films of polyymers of styrene, when its value decreased by -2.3% to $X. In general, the total consumption indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +53.0% against 2018 indices. Consumption of peaked at $X in 2021, and then contracted slightly in the following year.

Production of Cellular Plates, Sheets and Films of Polyymers of Styrene in the Russian Federation

In value terms, production of cellular plates, sheets and films of polyymers of styrene amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.2% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2019 when the production volume increased by 24%. Over the period under review, production of hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Cellular Plates, Sheets and Films of Polyymers of Styrene

Exports from the Russian Federation

In 2022, exports of cellular plates, sheets and films of polyymers of styrene from Russia rose sharply to X tons, picking up by 7.4% on 2021. Over the period under review, exports saw a strong increase. The growth pace was the most rapid in 2014 with an increase of 44%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of cellular plates, sheets and films of polyymers of styrene reduced rapidly to $X in 2022. Overall, exports enjoyed a strong increase. The pace of growth appeared the most rapid in 2021 with an increase of 49% against the previous year. As a result, the exports attained the peak of $X, and then shrank notably in the following year.

Exports by Country

Kazakhstan (X tons) was the main destination for exports of cellular plates, sheets and films of polyymers of styrene from Russia, accounting for a 33% share of total exports. Moreover, exports of cellular plates, sheets and films of polyymers of styrene to Kazakhstan exceeded the volume sent to the second major destination, Poland (X tons), threefold. Moldova (X tons) ranked third in terms of total exports with a 7.9% share.

From 2012 to 2022, the average annual growth rate of volume to Kazakhstan totaled +16.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+41.5% per year) and Moldova (+18.4% per year).

In value terms, Kazakhstan ($X) remains the key foreign market for cellular plates, sheets and films of polyymers of styrene exports from Russia, comprising 31% of total exports. The second position in the ranking was held by Poland ($X), with a 12% share of total exports. It was followed by Moldova, with a 6.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Kazakhstan totaled +9.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+36.2% per year) and Moldova (+11.2% per year).

Export Prices by Country

In 2022, the average export price for cellular plates, sheets and films of polyymers of styrene amounted to $X per ton, dropping by -22.1% against the previous year. Overall, the export price showed a abrupt curtailment. The pace of growth appeared the most rapid in 2021 an increase of 30% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Latvia ($X per ton) and Kyrgyzstan ($X per ton), while the average price for exports to Moldova ($X per ton) and Bulgaria ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+1.6%), while the prices for the other major destinations experienced a decline.

Imports of Cellular Plates, Sheets and Films of Polyymers of Styrene

Imports into the Russian Federation

In 2022, the amount of cellular plates, sheets and films of polyymers of styrene imported into Russia shrank slightly to X tons, declining by -2.2% on 2021. Overall, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2013 when imports increased by 108% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of cellular plates, sheets and films of polyymers of styrene contracted to $X in 2022. Over the period under review, imports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2013 when imports increased by 99%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

Belarus (X tons), France (X tons) and Kazakhstan (X tons) were the main suppliers of imports of cellular plates, sheets and films of polyymers of styrene to Russia, together accounting for 63% of total imports.

From 2012 to 2022, the biggest increases were recorded for Kazakhstan (with a CAGR of +84.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Poland ($X) and Kazakhstan ($X) were the largest polystyrene cellular plates, sheets and films suppliers to Russia, together accounting for 55% of total imports.

Among the main suppliers, Kazakhstan, with a CAGR of +70.2%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for cellular plates, sheets and films of polyymers of styrene amounted to $X per ton, which is down by -6.6% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The pace of growth appeared the most rapid in 2018 when the average import price increased by 29%. The import price peaked at $X per ton in 2021, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :