Russian Federation: Halogenated Hydrocarbon Derivative Market 2024

Halogenated Hydrocarbon Derivative Market Size in the Russian Federation

The Russian halogenated hydrocarbon derivative market reduced modestly to $X in 2022, almost unchanged from the previous year. Overall, consumption enjoyed a temperate increase. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Halogenated Hydrocarbon Derivative Production in the Russian Federation

In value terms, halogenated hydrocarbon derivative production contracted modestly to $X in 2022 estimated in export price. In general, production showed a noticeable increase. The pace of growth appeared the most rapid in 2018 with an increase of 139% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Halogenated Hydrocarbon Derivative Exports

Exports from the Russian Federation

In 2022, overseas shipments of halogenated derivatives of hydrocarbons decreased by -17.6% to X tons, falling for the second year in a row after two years of growth. Overall, exports showed a noticeable curtailment. The pace of growth appeared the most rapid in 2017 with an increase of 45% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, halogenated hydrocarbon derivative exports shrank slightly to $X in 2022. Over the period under review, exports, however, recorded a resilient expansion. The growth pace was the most rapid in 2018 with an increase of 89% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then fell in the following year.

Exports by Country

Japan (X tons) was the main destination for halogenated hydrocarbon derivative exports from Russia, with a 62% share of total exports. Moreover, halogenated hydrocarbon derivative exports to Japan exceeded the volume sent to the second major destination, Brazil (X tons), sixfold. Cyprus (X tons) ranked third in terms of total exports with a 7.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Japan totaled +16.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (+14.0% per year) and Cyprus (-14.1% per year).

In value terms, Japan ($X) remains the key foreign market for halogenated derivatives of hydrocarbons exports from Russia, comprising 70% of total exports. The second position in the ranking was held by Brazil ($X), with a 3% share of total exports. It was followed by Kazakhstan, with a 2.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Japan amounted to +32.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (+18.7% per year) and Kazakhstan (+9.1% per year).

Export Prices by Country

In 2022, the average halogenated hydrocarbon derivative export price amounted to $X per ton, with an increase of 21% against the previous year. Over the period under review, the export price saw a prominent increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 97% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Pakistan ($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 Japan (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.

Halogenated Hydrocarbon Derivative Imports

Imports into the Russian Federation

In 2022, overseas purchases of halogenated derivatives of hydrocarbons were finally on the rise to reach X tons after two years of decline. Overall, imports, however, recorded a slight shrinkage. The growth pace was the most rapid in 2016 when imports increased by 35%. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, halogenated hydrocarbon derivative imports dropped to $X in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 35%. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest halogenated hydrocarbon derivative supplier to Russia, with a 52% share of total imports. Moreover, halogenated hydrocarbon derivative imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The Czech Republic (X tons) ranked third in terms of total imports with a 15% share.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+1.1% per year) and the Czech Republic (+21.9% per year).

In value terms, China ($X) constituted the largest supplier of halogenated derivatives of hydrocarbons to Russia, comprising 80% of total imports. The second position in the ranking was held by Germany ($X), with an 8.7% share of total imports. It was followed by India, with a 4.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-2.6% per year) and India (+20.6% per year).

Import Prices by Country

The average halogenated hydrocarbon derivative import price stood at $X per ton in 2022, dropping by -8.5% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 28% against the previous year. As a result, import price attained the peak level of $X per ton, and then contracted in the following year.

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 China ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :