Russian Federation: Amylaceous Finishing Agents Market 2024

Amylaceous Finishing Agents Market Size in the Russian Federation

In 2022, the Russian amylaceous finishing agents market increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption saw strong growth. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Amylaceous Finishing Agents Production in the Russian Federation

In value terms, amylaceous finishing agents production contracted rapidly to $X in 2022 estimated in export price. In general, production recorded a resilient increase. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Amylaceous Finishing Agents Exports

Exports from the Russian Federation

For the third consecutive year, Russia recorded growth in shipments abroad of finishing agents with amylaceous basis, which increased by X% to X tons in 2022. Over the period under review, exports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, amylaceous finishing agents exports contracted to $X in 2022. Overall, exports, however, showed a slight decrease. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Kazakhstan (X tons) was the main destination for amylaceous finishing agents exports from Russia, with a X% share of total exports. Moreover, amylaceous finishing agents exports to Kazakhstan exceeded the volume sent to the second major destination, Armenia (X tons), twofold.

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

In value terms, Armenia ($X), Ukraine ($X) and Kazakhstan ($X) were the largest markets for amylaceous finishing agents exported from Russia worldwide.

In terms of the main countries of destination, Ukraine, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average amylaceous finishing agents export price stood at $X per ton in 2022, reducing by X% against the previous year. Overall, the export price saw a deep reduction. The growth pace was the most rapid in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Kazakhstan ($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 Ukraine (X%), while the prices for the other major destinations experienced mixed trend patterns.

Amylaceous Finishing Agents Imports

Imports into the Russian Federation

Amylaceous finishing agents imports into Russia dropped to X tons in 2022, falling by X% compared with the previous year. In general, imports recorded a slight curtailment. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, amylaceous finishing agents imports shrank to $X in 2022. Over the period under review, imports showed a pronounced reduction. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Belarus (X tons) constituted the largest amylaceous finishing agents supplier to Russia, accounting for a X% share of total imports. Moreover, amylaceous finishing agents imports from Belarus exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. The third position in this ranking was held by Finland (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Belarus totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Finland (X% per year).

In value terms, the largest amylaceous finishing agents suppliers to Russia were Italy ($X), Belarus ($X) and Finland ($X), with a combined X% share of total imports.

Among the main suppliers, Belarus, with a CAGR of X%, saw the highest rates of growth with regard to 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 amylaceous finishing agents import price amounted to $X per ton, approximately equating the previous year. Overall, the import price saw a noticeable setback. The pace of growth was the most pronounced in 2018 an increase of X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 South Korea ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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