Russian Federation: Plastic Household Ware Market 2024

Plastic Household Ware Market Size in the Russian Federation

The Russian plastic household ware market surged to $X in 2021, picking up by 33% 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). Overall, consumption, however, showed a pronounced decline. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Plastic Household Ware Exports

Exports from the Russian Federation

Plastic household ware exports from Russia rose slightly to X tons in 2021, surging by 2% compared with 2020. In general, exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2013 with an increase of 43%. Over the period under review, the exports reached the maximum in 2021 and are likely to see gradual growth in the near future.

In value terms, plastic household ware exports skyrocketed to $X in 2021. Over the period under review, exports showed strong growth. The pace of growth was the most pronounced in 2013 with an increase of 50% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

Kazakhstan (X tons), Belarus (X tons) and Ukraine (X tons) were the main destinations of plastic household ware exports from Russia, together accounting for 86% of total exports. These countries were followed by Armenia, Kyrgyzstan and Poland, which together accounted for a further 7.4%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Armenia (with a CAGR of +56.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plastic household ware exported from Russia were Kazakhstan ($X), Belarus ($X) and Ukraine ($X), with a combined 85% share of total exports. These countries were followed by Armenia, Kyrgyzstan and Poland, which together accounted for a further 8.3%.

Among the main countries of destination, Poland, with a CAGR of +54.7%, saw the highest growth rate of 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

In 2021, the average plastic household ware export price amounted to $X per ton, picking up by 22% against the previous year. Over the period under review, the export price, however, saw a perceptible slump. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2021, the countries with the highest prices were Poland ($X per ton) and Armenia ($X per ton), while the average price for exports to Kazakhstan ($X per ton) and Belarus ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+7.8%), while the prices for the other major destinations experienced a decline.

Plastic Household Ware Imports

Imports into the Russian Federation

In 2021, imports of plastics household articles and toilet articles into Russia skyrocketed to X tons, picking up by 16% on 2020 figures. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when imports increased by 22% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, plastic household ware imports skyrocketed to $X in 2021. In general, total imports indicated a slight expansion from 2012 to 2021: its value increased at an average annual rate of +1.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +95.3% against 2016 indices. The pace of growth was the most pronounced in 2017 when imports increased by 25% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to continue growth in years to come.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of plastic household ware to Russia, accounting for a 67% share of total imports. Moreover, plastic household ware imports from China exceeded the figures recorded by the second-largest supplier, Belarus (X tons), fivefold. The third position in this ranking was taken by Poland (X tons), with a 3.4% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +4.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (+10.4% per year) and Poland (-11.5% per year).

In value terms, China ($X) constituted the largest supplier of plastics household articles and toilet articles to Russia, comprising 61% of total imports. The second position in the ranking was held by Belarus ($X), with a 6.7% share of total imports. It was followed by Germany, with a 4.8% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +6.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (+6.6% per year) and Germany (-0.1% per year).

Import Prices by Country

In 2021, the average plastic household ware import price amounted to $X per ton, rising by 6.2% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 7.6% against the previous year. The import price peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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