Russian Federation: Ethylene-Vinyl Acetate Copolymers Market 2024

Ethylene-Vinyl Acetate Copolymers Market Size in the Russian Federation

The Russian ethylene-vinyl acetate copolymers market contracted markedly to $X in 2022, reducing by -17% against the previous year. Overall, the total consumption indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +3.2% 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 +27.3% against 2020 indices. As a result, consumption reached the peak level of $X, and then dropped remarkably in the following year.

Ethylene-Vinyl Acetate Copolymers Production in the Russian Federation

In value terms, ethylene-vinyl acetate copolymers production shrank slightly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a perceptible decline. The pace of growth appeared the most rapid in 2018 with an increase of 35%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Ethylene-Vinyl Acetate Copolymers Exports

Exports from the Russian Federation

In 2022, after three years of growth, there was decline in shipments abroad of ethylene-vinyl acetate copolymers in primary forms, when their volume decreased by -4.6% to X tons. Over the period under review, exports, however, continue to indicate a strong increase. The growth pace was the most rapid in 2013 when exports increased by 146%. The exports peaked at X tons in 2021, and then shrank in the following year.

In value terms, ethylene-vinyl acetate copolymers exports dropped significantly to $X in 2022. In general, exports, however, posted a strong increase. The most prominent rate of growth was recorded in 2017 when exports increased by 118%. Over the period under review, the exports hit record highs at $X in 2021, and then declined dramatically in the following year.

Exports by Country

Belarus (X tons), Moldova (X tons) and Kazakhstan (X tons) were the main destinations of ethylene-vinyl acetate copolymers exports from Russia, together accounting for 86% of total exports. Uzbekistan and Poland lagged somewhat behind, together comprising a further 14%.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of +84.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Belarus ($X), Moldova ($X) and Kazakhstan ($X) were the largest markets for ethylene-vinyl acetate copolymers exported from Russia worldwide, together comprising 84% of total exports. Uzbekistan and Poland lagged somewhat behind, together accounting for a further 16%.

Among the main countries of destination, Uzbekistan, with a CAGR of +71.4%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average ethylene-vinyl acetate copolymers export price amounted to $X per ton, which is down by -14.3% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 57%. As a result, the export price reached the peak level of $X per ton, and then shrank in the following year.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Kazakhstan ($X per ton) and Uzbekistan ($X per ton), while the average price for exports to Belarus ($X per ton) and Poland ($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 Poland (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.

Ethylene-Vinyl Acetate Copolymers Imports

Imports into the Russian Federation

In 2022, the amount of ethylene-vinyl acetate copolymers in primary forms imported into Russia fell to X tons, dropping by -9.5% against the previous year's figure. Over the period under review, total imports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of +5.5% 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 +10.4% against 2020 indices. The pace of growth was the most pronounced in 2016 with an increase of 40% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, ethylene-vinyl acetate copolymers imports shrank rapidly to $X in 2022. In general, imports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by 80%. As a result, imports attained the peak of $X, and then fell rapidly in the following year.

Imports by Country

Taiwan (Chinese) (X tons), South Korea (X tons) and Belgium (X tons) were the main suppliers of ethylene-vinyl acetate copolymers imports to Russia, together comprising 52% of total imports. Saudi Arabia, China, Ukraine, Germany, Italy and the United States lagged somewhat behind, together accounting for a further 38%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ukraine (with a CAGR of +57.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Taiwan (Chinese) ($X), South Korea ($X) and Belgium ($X) were the largest ethylene-vinyl acetate copolymers suppliers to Russia, together accounting for 57% of total imports. Saudi Arabia, China, Ukraine, Germany, Italy and the United States lagged somewhat behind, together accounting for a further 34%.

Among the main suppliers, Ukraine, with a CAGR of +49.3%, saw 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 ethylene-vinyl acetate copolymers import price amounted to $X per ton, shrinking by -14% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 47%. As a result, import price reached the peak level of $X per ton, and then reduced in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($X per ton) and South Korea ($X per ton), while the price for Ukraine ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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