Russian Federation: Saturated Acyclic Hydrocarbons Market 2024

Saturated Acyclic Hydrocarbons Market Size in the Russian Federation

The Russian saturated acyclic hydrocarbons market was estimated at $X in 2022, approximately reflecting the previous year. Over the period under review, the total consumption indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +53.1% against 2018 indices. Saturated acyclic hydrocarbons consumption peaked in 2022 and is expected to retain growth in the immediate term.

Saturated Acyclic Hydrocarbons Production in the Russian Federation

In value terms, saturated acyclic hydrocarbons production fell to $X in 2022 estimated in export price. In general, production, however, recorded a slight curtailment. The growth pace was the most rapid in 2021 with an increase of 26% against the previous year. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Saturated Acyclic Hydrocarbons Exports

Exports from the Russian Federation

In 2022, shipments abroad of saturated acyclic hydrocarbons was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Overall, exports, however, showed a pronounced decline. The most prominent rate of growth was recorded in 2018 when exports increased by 62%. Over the period under review, the exports attained the peak figure at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, saturated acyclic hydrocarbons exports dropped to $X in 2022. In general, exports, however, recorded a abrupt decrease. The growth pace was the most rapid in 2018 when exports increased by 68% against the previous year. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Finland (X tons), Poland (X tons) and Belarus (X tons) were the main destinations of saturated acyclic hydrocarbons exports from Russia, with a combined 94% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Belarus (with a CAGR of +30.3%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for saturated acyclic hydrocarbons exported from Russia were Poland ($X), Finland ($X) and Belarus ($X), together comprising 94% of total exports.

Among the main countries of destination, Belarus, with a CAGR of +20.2%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average saturated acyclic hydrocarbons export price amounted to $X per ton, with a decrease of -21.4% against the previous year. In general, the export price recorded a deep slump. The most prominent rate of growth was recorded in 2021 an increase of 54%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (-2.2%), while the prices for the other major destinations experienced a decline.

Saturated Acyclic Hydrocarbons Imports

Imports into the Russian Federation

In 2022, approx. X tons of saturated acyclic hydrocarbons were imported into Russia; rising by 270% against the year before. Over the period under review, imports, however, continue to indicate a abrupt curtailment. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, saturated acyclic hydrocarbons imports soared to $X in 2022. In general, imports, however, showed a abrupt descent. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Malaysia (X tons) was the main supplier of saturated acyclic hydrocarbons to Russia, accounting for a 97% share of total imports. It was followed by China (X tons), with a 2.4% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Malaysia stood at -3.4%.

In value terms, Malaysia ($X) constituted the largest supplier of saturated acyclic hydrocarbons to Russia, comprising 90% of total imports. The second position in the ranking was taken by China ($X), with a 6.9% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Malaysia totaled -6.3%.

Import Prices by Country

In 2022, the average saturated acyclic hydrocarbons import price amounted to $X per ton, shrinking by -56% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 184%. As a result, import price attained the peak level of $X per ton, and then contracted rapidly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Malaysia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+55.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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