Russian Federation: Plastic Household Articles Market 2024

Plastic Household Articles Market Size in the Russian Federation

The Russian plastic household articles market reached $X in 2022, remaining stable against the previous year. In general, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Plastic Household Articles Production in the Russian Federation

In value terms, plastic household articles production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.0% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of 9.2%. Plastic household articles production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Plastic Household Articles Exports

Exports from the Russian Federation

In 2022, after four years of growth, there was decline in overseas shipments of household articles and toilet articles of plastics, when their volume decreased by -4.4% to X tons. Overall, exports, however, saw prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of 49%. Over the period under review, the exports hit record highs at X tons in 2021, and then reduced slightly in the following year.

In value terms, plastic household articles exports declined to $X in 2022. Over the period under review, exports, however, saw a resilient increase. The pace of growth appeared the most rapid in 2013 when exports increased by 62%. The exports peaked at $X in 2021, and then dropped in the following year.

Exports by Country

Kazakhstan (X tons), Belarus (X tons) and Ukraine (X tons) were the main destinations of plastic household articles exports from Russia, together accounting for 89% of total exports. Mongolia, Kyrgyzstan and Armenia lagged somewhat behind, together comprising a further 5.3%.

From 2012 to 2022, the biggest increases were recorded for Armenia (with a CAGR of +43.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plastic household articles exported from Russia were Kazakhstan ($X), Belarus ($X) and Ukraine ($X), together accounting for 86% of total exports. Kyrgyzstan, Armenia and Mongolia lagged somewhat behind, together comprising a further 7%.

In terms of the main countries of destination, Armenia, with a CAGR of +41.9%, recorded 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 plastic household articles export price amounted to $X per ton, with a decrease of -5% against the previous year. Overall, the export price recorded a noticeable downturn. The pace of growth appeared the most rapid in 2017 an increase of 19%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per ton), while the average price for exports to Mongolia ($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 Kyrgyzstan (+4.5%), while the prices for the other major destinations experienced a decline.

Plastic Household Articles Imports

Imports into the Russian Federation

In 2022, supplies from abroad of household articles and toilet articles of plastics decreased by -5.7% to X tons for the first time since 2016, thus ending a five-year rising trend. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 30%. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, plastic household articles imports declined to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 27% against the previous year. Imports peaked at $X in 2021, and then dropped in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of plastic household articles to Russia, with a 72% share of total imports. Moreover, plastic household articles imports from China exceeded the figures recorded by the second-largest supplier, Belarus (X tons), ninefold. The third position in this ranking was taken by Poland (X tons), with a 3.7% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +3.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (+3.7% per year) and Poland (-12.0% per year).

In value terms, China ($X) constituted the largest supplier of household articles and toilet articles of plastics to Russia, comprising 62% of total imports. The second position in the ranking was held by Germany ($X), with a 7.2% share of total imports. It was followed by Belarus, with a 6.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+3.0% per year) and Belarus (+1.2% per year).

Import Prices by Country

The average plastic household articles import price stood at $X per ton in 2022, dropping by -2.7% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 6.1% against the previous year. As a result, import price attained the peak level of $X per ton, and then contracted in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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