Russian Federation: Plastic Packaging Market 2024

Plastic Packaging Market Size in the Russian Federation

The Russian plastic packaging market contracted slightly to $X in 2022, falling by X% against the previous year. Overall, consumption showed a pronounced descent. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Plastic Packaging Production in the Russian Federation

In value terms, plastic packaging production dropped modestly to $X in 2022 estimated in export price. Over the period under review, production showed a perceptible setback. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Plastic Packaging Exports

Exports from the Russian Federation

For the eleventh consecutive year, Russia recorded growth in overseas shipments of plastic packaging, which increased by X% to X tons in 2022. Over the period under review, exports showed a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of X%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, plastic packaging exports shrank to $X in 2022. Overall, exports showed a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then contracted in the following year.

Exports by Country

Kazakhstan (X tons), Belarus (X tons) and Ukraine (X tons) were the main destinations of plastic packaging exports from Russia, together accounting for X% of total exports. China and Kyrgyzstan lagged somewhat behind, together accounting for a further X%.

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

In value terms, Kazakhstan ($X), Belarus ($X) and Ukraine ($X) were the largest markets for plastic packaging exported from Russia worldwide, with a combined X% share of total exports. China and Kyrgyzstan lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, China, with a CAGR of X%, 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

The average plastic packaging export price stood at $X per ton in 2022, declining by X% against the previous year. In general, the export price saw a abrupt descent. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

Plastic Packaging Imports

Imports into the Russian Federation

In 2022, the amount of plastic packaging imported into Russia contracted modestly to X tons, therefore, remained relatively stable against the previous year. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, plastic packaging imports contracted to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Belarus (X tons) constituted the largest supplier of plastic packaging to Russia, with a X% share of total imports. Moreover, plastic packaging imports from Belarus exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. Poland (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Belarus stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Poland (X% per year).

In value terms, Belarus ($X), China ($X) and Ukraine ($X) constituted the largest plastic packaging suppliers to Russia, together comprising X% of total imports. Germany, Poland, Turkey, Sweden, Vietnam, Lithuania and Kazakhstan lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Kazakhstan, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average plastic packaging import price stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ukraine ($X per ton), while the price for Kazakhstan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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