Russian Federation: Market for Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene 2024

Market Size for Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene in the Russian Federation

The Russian ethylene polymer rigid pipes market rose notably to $X in 2021, growing by 8.8% against the previous year. In general, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Production of Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene in the Russian Federation

In value terms, ethylene polymer rigid pipes production expanded remarkably to $X in 2021 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by 21%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene

Exports from the Russian Federation

In 2021, overseas shipments of rigid tubes, pipes and hoses of polymers of ethylene decreased by -29.8% to X tons for the first time since 2018, thus ending a two-year rising trend. Overall, exports, however, enjoyed a tangible expansion. The most prominent rate of growth was recorded in 2014 with an increase of 178% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, ethylene polymer rigid pipes exports totaled $X in 2021. In general, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when exports increased by 141%. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Belarus (X tons), Kazakhstan (X tons) and Ukraine (X tons) were the main destinations of ethylene polymer rigid pipes exports from Russia, with a combined 83% share of total exports. Uzbekistan, Kyrgyzstan, Peru and Latvia lagged somewhat behind, together comprising a further 14%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Latvia (with a CAGR of +188.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for ethylene polymer rigid pipes exported from Russia were Kazakhstan ($X), Belarus ($X) and Ukraine ($X), together accounting for 78% of total exports. Uzbekistan, Peru, Kyrgyzstan and Latvia lagged somewhat behind, together accounting for a further 16%.

In terms of the main countries of destination, Latvia, with a CAGR of +184.6%, 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

In 2021, the average ethylene polymer rigid pipes export price amounted to $X per ton, picking up by 45% against the previous year. In general, the export price, however, continues to indicate a deep slump. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Peru ($X per ton), while the average price for exports to Latvia ($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 Latvia (-1.4%), while the prices for the other major destinations experienced a decline.

Imports of Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene

Imports into the Russian Federation

In 2021, the amount of rigid tubes, pipes and hoses of polymers of ethylene imported into Russia stood at X tons, increasing by 2.4% on the previous year. Over the period under review, imports, however, saw a pronounced setback. The most prominent rate of growth was recorded in 2017 with an increase of 20% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, ethylene polymer rigid pipes imports skyrocketed to $X in 2021. Overall, imports, however, continue to indicate a pronounced shrinkage. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest ethylene polymer rigid pipes supplier to Russia, with a 39% share of total imports. Moreover, ethylene polymer rigid pipes imports from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. Kazakhstan (X tons) ranked third in terms of total imports with a 9.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+1.4% per year) and Kazakhstan (+15.0% per year).

In value terms, China ($X) constituted the largest supplier of rigid tubes, pipes and hoses of polymers of ethylene to Russia, comprising 41% of total imports. The second position in the ranking was taken by Italy ($X), with a 13% share of total imports. It was followed by Germany, with a 6.3% share.

From 2012 to 2021, the average annual growth rate of value from China totaled -4.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+0.1% per year) and Germany (-11.8% per year).

Import Prices by Country

In 2021, the average ethylene polymer rigid pipes import price amounted to $X per ton, growing by 25% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.4%. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Kazakhstan ($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 (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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