Russian Federation: Market for Thiocarbamates And Dithiocarbamates; Thiuram Mono-, Di- Or Tetrasulphides; Methionine 2024

Market Size for Thiocarbamates And Dithiocarbamates; Thiuram Mono-, Di- Or Tetrasulphides; Methionine in the Russian Federation

In 2022, the Russian market for thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine decreased by -5.1% to $X for the first time since 2017, thus ending a four-year rising trend. In general, consumption, however, showed a slight expansion. Consumption of peaked at $X in 2021, and then dropped in the following year.

Production of Thiocarbamates And Dithiocarbamates; Thiuram Mono-, Di- Or Tetrasulphides; Methionine in the Russian Federation

In value terms, production of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine fell to $X in 2022 estimated in export price. In general, production recorded a noticeable shrinkage. The pace of growth was the most pronounced in 2019 when the production volume increased by 33% against the previous year. Production of peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Thiocarbamates And Dithiocarbamates; Thiuram Mono-, Di- Or Tetrasulphides; Methionine

Exports from the Russian Federation

After two years of decline, overseas shipments of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine increased by 6.3% to X tons in 2022. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by 19%. Over the period under review, the exports of hit record highs at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine reduced to $X in 2022. Over the period under review, exports, however, recorded a noticeable setback. The pace of growth appeared the most rapid in 2014 with an increase of 13% against the previous year. Over the period under review, the exports of hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belarus (X tons) was the main destination for exports of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine from Russia, with a 50% share of total exports. Moreover, exports of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine to Belarus exceeded the volume sent to the second major destination, Oman (X tons), threefold. Kazakhstan (X tons) ranked third in terms of total exports with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Belarus amounted to +13.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (+45.4% per year) and Kazakhstan (+34.9% per year).

In value terms, Belarus ($X) remains the key foreign market for thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine exports from Russia, comprising 48% of total exports. The second position in the ranking was taken by Oman ($X), with a 17% share of total exports. It was followed by Kazakhstan, with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Belarus stood at +8.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (+40.7% per year) and Kazakhstan (+26.4% per year).

Export Prices by Country

In 2022, the average export price for thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine amounted to $X per ton, waning by -10.6% against the previous year. Overall, the export price saw a perceptible setback. The most prominent rate of growth was recorded in 2015 when the average export price increased by 33%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Ukraine ($X per ton) and Kazakhstan ($X per ton), while the average price for exports to Belarus ($X per ton) and the Netherlands ($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 Ukraine (-1.1%), while the prices for the other major destinations experienced a decline.

Imports of Thiocarbamates And Dithiocarbamates; Thiuram Mono-, Di- Or Tetrasulphides; Methionine

Imports into the Russian Federation

In 2022, approx. X tons of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine were imported into Russia; with an increase of 5% compared with 2021. In general, imports recorded a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of 379%. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine contracted to $X in 2022. Overall, imports recorded a resilient increase. The pace of growth was the most pronounced in 2020 when imports increased by 392%. Imports peaked at $X in 2021, and then shrank in the following year.

Imports by Country

In 2022, Belgium (X tons) constituted the largest supplier of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine to Russia, with a 54% share of total imports. Moreover, imports of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine from Belgium exceeded the figures recorded by the second-largest supplier, Singapore (X tons), threefold. The third position in this ranking was held by Japan (X tons), with a 9.2% share.

From 2012 to 2022, the average annual growth rate of volume from Belgium totaled +21.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+686.9% per year) and Japan (+22.4% per year).

In value terms, Belgium ($X) constituted the largest supplier of thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine to Russia, comprising 54% of total imports. The second position in the ranking was taken by Singapore ($X), with a 17% share of total imports. It was followed by Japan, with an 8.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Belgium totaled +16.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+720.8% per year) and Japan (+14.0% per year).

Import Prices by Country

In 2022, the average import price for thiocarbamates and dithiocarbamates; thiuram mono-, di- or tetrasulphides; methionine amounted to $X per ton, falling by -11.5% against the previous year. Over the period under review, the import price saw a pronounced contraction. The most prominent rate of growth was recorded in 2015 when the average import price increased by 34%. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($X per ton) and Singapore ($X per ton), while the price for Germany ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+4.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform