Russian Federation: Polyvinyl Chloride Market 2024

Polyvinyl Chloride Market Size in the Russian Federation

The Russian polyvinyl chloride market declined to $X in 2022, which is down by -4.2% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then dropped modestly in the following year.

Polyvinyl Chloride Production in the Russian Federation

In value terms, polyvinyl chloride production reduced dramatically to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the production volume increased by 75% against the previous year. As a result, production attained the peak level of $X, and then reduced markedly in the following year.

Polyvinyl Chloride Exports

Exports from the Russian Federation

Polyvinyl chloride exports from Russia declined slightly to X tons in 2022, with a decrease of -2.1% compared with 2021 figures. Over the period under review, exports, however, showed a significant expansion. The growth pace was the most rapid in 2015 when exports increased by 111% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2021, and then dropped in the following year.

In value terms, polyvinyl chloride exports declined significantly to $X in 2022. In general, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 83%. As a result, the exports attained the peak of $X, and then dropped remarkably in the following year.

Exports by Country

Turkey (X tons), Belarus (X tons) and Lithuania (X tons) were the main destinations of polyvinyl chloride exports from Russia, together comprising 55% of total exports. Kazakhstan, Switzerland, Morocco, Greece and Ukraine lagged somewhat behind, together accounting for a further 39%.

From 2012 to 2022, the biggest increases were recorded for Switzerland (with a CAGR of +201.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for polyvinyl chloride exported from Russia were Belarus ($X), Turkey ($X) and Lithuania ($X), with a combined 54% share of total exports. Switzerland, Kazakhstan, Morocco, Greece and Ukraine lagged somewhat behind, together accounting for a further 39%.

Switzerland, with a CAGR of +163.0%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average polyvinyl chloride export price amounted to $X per ton, shrinking by -21% against the previous year. In general, the export price saw a perceptible decline. The most prominent rate of growth was recorded in 2021 when the average export price increased by 75% against the previous year. 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 stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Switzerland ($X per ton) and Greece ($X per ton), while the average price for exports to Kazakhstan ($X per ton) and Turkey ($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 Greece (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.

Polyvinyl Chloride Imports

Imports into the Russian Federation

In 2022, the amount of polyvinyl chloride imported into Russia contracted to X tons, declining by -10.2% on the previous year's figure. Overall, imports showed a abrupt setback. The pace of growth was the most pronounced in 2019 when imports increased by 50% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, polyvinyl chloride imports declined markedly to $X in 2022. Over the period under review, imports showed a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 72% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Germany (X tons) and Kazakhstan (X tons) were the main suppliers of polyvinyl chloride imports to Russia, with a combined 73% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Kazakhstan (with a CAGR of +22.7%), while imports for the other leaders experienced a decline.

In value terms, Germany ($X), China ($X) and Kazakhstan ($X) constituted the largest polyvinyl chloride suppliers to Russia, with a combined 70% share of total imports.

Kazakhstan, with a CAGR of +26.3%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average polyvinyl chloride import price amounted to $X per ton, waning by -12% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 37% against the previous year. As a result, import price reached the peak level of $X per ton, and then shrank in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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