Report Update Nov 1, 2024

Russian Federation - P-Xylene - Market Analysis, Forecast, Size, Trends and Insights

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Russian Federation: P-Xylene Market 2024

P-Xylene Market Size in the Russian Federation

In 2021, the Russian p-xylene market increased by 0.4% to $X, rising for the fourth consecutive year after four years of decline. Over the period under review, consumption, however, saw a prominent expansion. P-xylene consumption peaked in 2021 and is likely to continue growth in the immediate term.

P-Xylene Production in the Russian Federation

In value terms, p-xylene production expanded slightly to $X in 2021 estimated in export price. Overall, production, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2018 when the production volume increased by 115%. P-xylene production peaked at $X in 2019; afterwards, it flattened through to 2021.

P-Xylene Exports

Exports from the Russian Federation

In 2021, after two years of decline, there was significant growth in overseas shipments of p-xylene, when their volume increased by 10% to X tons. Overall, exports, however, saw a pronounced decrease. The pace of growth appeared the most rapid in 2016 with an increase of 187%. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports remained at a lower figure.

In value terms, p-xylene exports reduced to $X in 2021. Over the period under review, exports, however, continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2016 with an increase of 81%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Finland (X tons) was the main destination for p-xylene exports from Russia, accounting for a 90% share of total exports. Moreover, p-xylene exports to Finland exceeded the volume sent to the second major destination, Belarus (X tons), ninefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Finland stood at -4.2%.

In value terms, Finland ($X) remains the key foreign market for p-xylene exports from Russia, comprising 85% of total exports. The second position in the ranking was held by Belarus ($X), with a 15% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Finland amounted to -11.4%.

Export Prices by Country

The average p-xylene export price stood at $X per ton in 2021, dropping by -14.2% against the previous year. Over the period under review, the export price showed a abrupt downturn. The pace of growth was the most pronounced in 2018 when the average export price increased by 20%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2021, the country with the highest price was Belarus ($X per ton), while the average price for exports to Finland stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (-2.7%).

P-Xylene Imports

Imports into the Russian Federation

In 2021, approx. X tons of p-xylene were imported into Russia; rising by 8,646,983% on 2020. In general, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, p-xylene imports skyrocketed to $X in 2021. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Kazakhstan (X tons) and India (X tons) were the main suppliers of p-xylene imports to Russia.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +99,654,985.7%).

In value terms, India ($X) constituted the largest supplier of p-xylene to Russia, comprising 85% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a 15% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from India totaled +39,020,024.4%.

Import Prices by Country

In 2021, the average p-xylene import price amounted to $X per ton, waning by -86% against the previous year. Overall, the import price continues to indicate a abrupt downturn. The import price peaked at $X per ton in 2020, and then contracted markedly in the following year.

Prices varied noticeably country of origin: the country with the highest price was India ($X per ton), while the price for Kazakhstan totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (-59.4%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for p-xylene in the world?

The countries with the highest volumes of in 2021 were China, South Korea and the United States, with a combined 40% share of global consumption.

What are the largest producers of p-xylene in the world?

South Korea remains the largest p-xylene producing country worldwide, comprising approx. 21% of total volume. Moreover, p-xylene production in South Korea exceeded the figures recorded by the second-largest producer, Japan, threefold. The third position in this ranking was occupied by the United States, with an 8.5% share.

What are the leading suppliers of p-xylene to the Russian Federation?

In value terms, India constituted the largest supplier of p-xylene to Russia, comprising 85% of total imports. The second position in the ranking was occupied by Kazakhstan, with a 15% share of total imports.

What are the leading importers of p-xylene from the Russian Federation?

In value terms, Finland remains the key foreign market for p-xylene exports from Russia, comprising 85% of total exports. The second position in the ranking was occupied by Belarus, with a 15% share of total exports.

What is the average export price for p-xylene in the Russian Federation?

The average p-xylene export price stood at $667 per ton in 2021, picking up by 56% against the previous year.

What is the average import price for p-xylene in the Russian Federation?

In 2021, the average p-xylene import price amounted to $5,566 per ton, with an increase of 3.6% against the previous year.

This report provides an in-depth analysis of the p-xylene 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 20141245 - p-Xylene

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:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

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
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

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