Report Update Nov 1, 2024

Russian Federation - Oxirane (Ethylene Oxide) - Market Analysis, Forecast, Size, Trends and Insights

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Russian Federation: Ethylene Oxide Market 2024

Ethylene Oxide Market Size in the Russian Federation

In 2022, after two years of growth, there was significant decline in the Russian ethylene oxide market, when its value decreased by -16.3% to $X. Overall, consumption showed a abrupt slump. Ethylene oxide consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Ethylene Oxide Production in the Russian Federation

In value terms, ethylene oxide production dropped to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a slight downturn. The most prominent rate of growth was recorded in 2021 when the production volume increased by 14%. Ethylene oxide production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Ethylene Oxide Exports

Exports from the Russian Federation

After two years of decline, overseas shipments of oxirane (ethylene oxide) increased by 11% to X tons in 2022. In general, exports showed a strong increase. The most prominent rate of growth was recorded in 2019 when exports increased by 86% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, ethylene oxide exports rose rapidly to $X in 2022. Over the period under review, exports posted a measured expansion. The most prominent rate of growth was recorded in 2019 with an increase of 107% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Romania (X tons), Poland (X tons) and Italy (X tons) were the main destinations of ethylene oxide exports from Russia.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +114.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Romania ($X) remains the key foreign market for oxirane (ethylene oxide) exports from Russia, comprising 63% of total exports. The second position in the ranking was taken by Poland ($X), with a 30% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Romania amounted to +13.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+35.7% per year) and Italy (+82.9% per year).

Export Prices by Country

In 2022, the average ethylene oxide export price amounted to $X per ton, growing by 2.2% against the previous year. In general, the export price, however, recorded a noticeable descent. The most prominent rate of growth was recorded in 2019 when the average export price increased by 11% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($X per ton), while the average price for exports to Poland ($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 Romania (-3.6%), while the prices for the other major destinations experienced a decline.

Ethylene Oxide Imports

Imports into the Russian Federation

In 2022, the amount of oxirane (ethylene oxide) imported into Russia surged to X tons, growing by 102% compared with the previous year's figure. Over the period under review, imports saw a temperate expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 733%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, ethylene oxide imports soared to $X in 2022. Overall, total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +7.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -17.8% against 2020 indices. The pace of growth appeared the most rapid in 2013 with an increase of 164% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, the United States (X tons) was the main supplier of ethylene oxide to Russia, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States amounted to +3.1%.

In value terms, the United States ($X) constituted the largest supplier of oxirane (ethylene oxide) to Russia.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at +7.7%.

Import Prices by Country

In 2022, the average ethylene oxide import price amounted to $X per ton, falling by -36.9% against the previous year. Overall, the import price, however, continues to indicate a noticeable increase. The most prominent rate of growth was recorded in 2021 an increase of 502% against the previous year. As a result, import price attained the peak level of $X per ton, and then dropped sharply in the following year.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +4.4% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for oxirane (ethylene oxide) in the world?

Germany remains the largest ethylene oxide consuming country worldwide, accounting for 50% of total volume. Moreover, ethylene oxide consumption in Germany exceeded the figures recorded by the second-largest consumer, Italy, fourfold. The third position in this ranking was occupied by Belgium, with a 12% share.

What are the largest producers of oxirane (ethylene oxide) in the world?

Germany remains the largest ethylene oxide producing country worldwide, comprising approx. 67% of total volume. Moreover, ethylene oxide production in Germany exceeded the figures recorded by the second-largest producer, the Netherlands, threefold. The third position in this ranking was occupied by Russia, with a 3.8% share.

What are the leading suppliers of oxirane (ethylene oxide) to the Russian Federation?

In value terms, the United States constituted the largest supplier of ethylene oxide to Russia, comprising 94% of total imports. The second position in the ranking was occupied by Spain, with a 5.3% share of total imports.

What are the leading importers of oxirane (ethylene oxide) from the Russian Federation?

In value terms, the largest markets for ethylene oxide exported from Russia were Romania, Poland and Slovakia, with a combined 82% share of total exports. These countries were followed by Ukraine, Italy and Spain, which together accounted for a further 18%.

What is the average export price for oxirane (ethylene oxide) in the Russian Federation?

The average ethylene oxide export price stood at $877 per ton in 2020, which is down by -19.8% against the previous year.

What is the average import price for oxirane (ethylene oxide) in the Russian Federation?

In 2020, the average ethylene oxide import price amounted to $35,614 per ton, jumping by 15% against the previous year.

This report provides an in-depth analysis of the ethylene oxide market in the Russian Federation. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20146373 - Oxirane (ethylene oxide)

Country coverage:

Russia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Russian Federation
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
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While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023