Russian Federation: Natural Polymers Market 2024

Natural Polymers Market Size in the Russian Federation

The Russian natural polymers market skyrocketed to $X in 2021, jumping by 30% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption enjoyed a strong expansion. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in the immediate term.

Natural Polymers Exports

Exports from the Russian Federation

In 2021, after four years of growth, there was significant decline in shipments abroad of natural and modified natural polymers in primary forms, when their volume decreased by -74.4% to X tons. Over the period under review, exports, however, recorded prominent growth. The pace of growth appeared the most rapid in 2019 when exports increased by 332% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020, and then reduced sharply in the following year.

In value terms, natural polymers exports reduced markedly to $X in 2021. In general, exports, however, enjoyed a buoyant expansion. The growth pace was the most rapid in 2019 with an increase of 405%. The exports peaked at $X in 2020, and then declined dramatically in the following year.

Exports by Country

Belarus (X tons) was the main destination for natural polymers exports from Russia, accounting for a 51% share of total exports. Moreover, natural polymers exports to Belarus exceeded the volume sent to the second major destination, Uzbekistan (X tons), twofold. The third position in this ranking was taken by Kazakhstan (X tons), with a 14% share.

From 2012 to 2021, the average annual growth rate of volume to Belarus stood at +7.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (+5.9% per year) and Kazakhstan (+1.0% per year).

In value terms, Belarus ($X) remains the key foreign market for natural and modified natural polymers in primary forms exports from Russia, comprising 32% of total exports. The second position in the ranking was held by Uzbekistan ($X), with an 11% share of total exports. It was followed by Kazakhstan, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Belarus totaled +10.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (-7.8% per year) and Kazakhstan (-9.0% per year).

Export Prices by Country

In 2021, the average natural polymers export price amounted to $X per ton, jumping by 103% against the previous year. In general, the export price saw a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, 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 Poland ($X per ton), while the average price for exports to New Zealand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+14.9%), while the prices for the other major destinations experienced mixed trend patterns.

Natural Polymers Imports

Imports into the Russian Federation

In 2021, supplies from abroad of natural and modified natural polymers in primary forms decreased by -1.1% to X tons, falling for the second year in a row after two years of growth. Overall, imports, however, recorded a buoyant expansion. The growth pace was the most rapid in 2018 when imports increased by 35% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, natural polymers imports surged to $X in 2021. Over the period under review, imports, however, enjoyed a buoyant increase. The pace of growth was the most pronounced in 2018 when imports increased by 59%. Imports peaked in 2021 and are likely to see gradual growth in the near future.

Imports by Country

In 2021, China (X tons) was the main natural polymers supplier to Russia, with a 91% share of total imports. It was followed by Germany (X tons), with a 2.8% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +14.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-1.0% per year) and France (+9.8% per year).

In value terms, China ($X) constituted the largest supplier of natural and modified natural polymers in primary forms to Russia, comprising 75% of total imports. The second position in the ranking was held by France ($X), with a 5.3% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +15.1%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+8.0% per year) and Germany (-7.3% per year).

Import Prices by Country

In 2021, the average natural polymers import price amounted to $X per ton, with an increase of 39% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+1.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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