Russian Federation: Prepared Rubber Accelerators Market 2024

Prepared Rubber Accelerators Market Size in the Russian Federation

After three years of growth, the Russian prepared rubber accelerators market decreased by -2.7% to $X in 2021. Overall, the total consumption indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +4.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +86.1% against 2013 indices. Over the period under review, the market attained the maximum level at $X in 2020, and then shrank in the following year.

Prepared Rubber Accelerators Production in the Russian Federation

In value terms, prepared rubber accelerators production contracted to $X in 2021 estimated in export price. In general, the total production indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +6.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +109.6% against 2013 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by 40% against the previous year. Prepared rubber accelerators production peaked at $X in 2020, and then fell in the following year.

Prepared Rubber Accelerators Exports

Exports from the Russian Federation

In 2021, shipments abroad of prepared rubber accelerators decreased by -12% to X tons, falling for the third consecutive year after four years of growth. Overall, exports, however, enjoyed measured growth. The most prominent rate of growth was recorded in 2015 when exports increased by 208% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, prepared rubber accelerators exports stood at $X in 2021. In general, exports, however, showed buoyant growth. The pace of growth appeared the most rapid in 2015 when exports increased by 128% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

China (X tons), Italy (X tons) and India (X tons) were the main destinations of prepared rubber accelerators exports from Russia, with a combined 61% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +57.0%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), India ($X) and South Korea ($X) were the largest markets for prepared rubber accelerators exported from Russia worldwide, with a combined 48% share of total exports.

China, with a CAGR of +38.0%, saw the highest rates of growth with regard to the value of exports, among 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 2021, the average prepared rubber accelerators export price amounted to $X per ton, rising by 14% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 39% against the previous year. The export price peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+8.3%), while the prices for the other major destinations experienced mixed trend patterns.

Prepared Rubber Accelerators Imports

Imports into the Russian Federation

In 2021, purchases abroad of prepared rubber accelerators increased by 22% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 37%. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, prepared rubber accelerators imports skyrocketed to $X in 2021. Over the period under review, imports enjoyed a measured expansion. The growth pace was the most rapid in 2017 when imports increased by 62%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of prepared rubber accelerators to Russia, with a 67% share of total imports. Moreover, prepared rubber accelerators imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), tenfold. The third position in this ranking was held by Belgium (X tons), with a 5.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+10.0% per year) and Belgium (-9.7% per year).

In value terms, China ($X) constituted the largest supplier of prepared rubber accelerators to Russia, comprising 64% of total imports. The second position in the ranking was taken by Germany ($X), with a 7.7% share of total imports. It was followed by India, with a 6.8% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +8.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+9.8% per year) and India (+360.6% per year).

Import Prices by Country

The average prepared rubber accelerators import price stood at $X per ton in 2021, growing by 19% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.7%. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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