Russian Federation: Compound Plasticisers Market 2024

Compound Plasticisers Market Size in the Russian Federation

In 2022, the Russian compound plasticisers market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption recorded a slight downturn. Compound plasticisers consumption peaked at $X in 2021, and then declined rapidly in the following year.

Compound Plasticisers Exports

Exports from the Russian Federation

Compound plasticisers exports from Russia dropped remarkably to X tons in 2022, declining by X% on the previous year's figure. Over the period under review, exports saw a abrupt descent. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, compound plasticisers exports reduced remarkably to $X in 2022. In general, exports faced a significant curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Ukraine (X tons) was the main destination for compound plasticisers exports from Russia, with a X% share of total exports. Moreover, compound plasticisers exports to Ukraine exceeded the volume sent to the second major destination, Belarus (X tons), more than tenfold. Luxembourg (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ukraine amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (X% per year) and Luxembourg (X.5% per year).

In value terms, Ukraine ($X) remains the key foreign market for compound plasticisers for rubber or plastics exports from Russia, comprising X% of total exports. The second position in the ranking was held by Belarus ($X), with an X% share of total exports. It was followed by Luxembourg, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Ukraine amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (X% per year) and Luxembourg (X% per year).

Export Prices by Country

In 2022, the average compound plasticisers export price amounted to $X per ton, which is down by X% against the previous year. Overall, the export price recorded a abrupt decrease. The pace of growth appeared the most rapid in 2013 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Luxembourg ($X per ton), while the average price for exports to Ukraine ($X per ton) was amongst the lowest.

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

Compound Plasticisers Imports

Imports into the Russian Federation

In 2022, supplies from abroad of compound plasticisers for rubber or plastics decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of X tons, and then fell sharply in the following year.

In value terms, compound plasticisers imports contracted remarkably to $X in 2022. In general, imports recorded a abrupt contraction. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then shrank significantly in the following year.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest supplier of compound plasticisers to Russia, accounting for a X% share of total imports. Moreover, compound plasticisers imports from the Netherlands exceeded the figures recorded by the second-largest supplier, South Korea (X tons), fourfold. The third position in this ranking was taken by Estonia (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and Estonia (X% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of compound plasticisers for rubber or plastics to Russia, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports. It was followed by Estonia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the Netherlands amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Estonia (X% per year).

Import Prices by Country

The average compound plasticisers import price stood at $X per ton in 2022, waning by X% against the previous year. Overall, the import price saw a deep reduction. The pace of growth was the most pronounced in 2013 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2014 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 Italy ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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