Russian Federation: Market for Pure Polyvinyl Chloride in Primary Forms 2024

Market Size for Pure Polyvinyl Chloride in Primary Forms in the Russian Federation

The Russian market for pure polyvinyl chloride in primary forms declined to $X in 2022, falling by -6.7% against the previous year. Over the period under review, consumption recorded a deep slump. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Pure Polyvinyl Chloride in Primary Forms in the Russian Federation

In value terms, production of pure polyvinyl chloride in primary forms reduced to $X in 2022 estimated in export price. Overall, production saw a pronounced reduction. The pace of growth appeared the most rapid in 2017 with an increase of 43% against the previous year. Over the period under review, production of reached the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Pure Polyvinyl Chloride in Primary Forms

Exports from the Russian Federation

In 2022, approx. X tons of pure polyvinyl chloride in primary forms were exported from Russia; dropping by -6.9% compared with 2021. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 464%. Over the period under review, the exports of attained the peak figure at X tons in 2021, and then dropped in the following year.

In value terms, exports of pure polyvinyl chloride in primary forms shrank remarkably to $X in 2022. Over the period under review, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2014 when exports increased by 315%. The exports peaked at $X in 2021, and then shrank dramatically in the following year.

Exports by Country

Turkey (X tons), Lithuania (X tons) and Switzerland (X tons) were the main destinations of exports of pure polyvinyl chloride in primary forms from Russia, with a combined 55% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Lithuania (with a CAGR of +328.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for pure polyvinyl chloride in primary forms exported from Russia were Turkey ($X), Lithuania ($X) and Belarus ($X), with a combined 54% share of total exports.

Lithuania, with a CAGR of +319.5%, 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

The average export price for pure polyvinyl chloride in primary forms stood at $X per ton in 2022, falling by -16.1% against the previous year. Overall, the export price continues to indicate a mild reduction. The pace of growth appeared the most rapid in 2021 an increase of 64% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Belarus ($X per ton) and Serbia ($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 Serbia (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pure Polyvinyl Chloride in Primary Forms

Imports into the Russian Federation

Imports of pure polyvinyl chloride in primary forms into Russia reduced to X tons in 2022, shrinking by -11.5% compared with the previous year's figure. Over the period under review, imports faced a abrupt shrinkage. The growth pace was the most rapid in 2019 when imports increased by 59% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, imports of pure polyvinyl chloride in primary forms reduced dramatically to $X in 2022. Overall, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 83% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), Germany (X tons) and Kazakhstan (X tons) were the main suppliers of imports of pure polyvinyl chloride in primary forms to Russia, together comprising 78% of total imports.

From 2012 to 2022, the biggest increases were recorded for Kazakhstan (with a CAGR of +21.7%), while purchases for the other leaders experienced a decline.

In value terms, Germany ($X), China ($X) and Kazakhstan ($X) were the largest pure polyvinyl chloride in primary forms suppliers to Russia, with a combined 77% share of total imports.

In terms of the main suppliers, Kazakhstan, with a CAGR of +24.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average import price for pure polyvinyl chloride in primary forms stood at $X per ton in 2022, reducing by -12.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2021 an increase of 42%. As a result, import price attained the peak level of $X per ton, and then dropped in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($X per ton) and South Korea ($X per ton), while the price for China ($X per ton) and Uzbekistan ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+23.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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