Russian Federation: Fluorescent Brightening Agents Market 2024

Fluorescent Brightening Agents Market Size in the Russian Federation

In 2022, the Russian fluorescent brightening agents market decreased by -23.8% to $X, falling for the second year in a row after two years of growth. In general, consumption saw a abrupt contraction. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Fluorescent Brightening Agents Production in the Russian Federation

In value terms, fluorescent brightening agents production expanded to $X in 2022 estimated in export price. In general, production recorded a perceptible descent. The pace of growth was the most pronounced in 2014 with an increase of 62%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Fluorescent Brightening Agents Exports

Exports from the Russian Federation

In 2022, shipments abroad of synthetic organic products used as fluorescent brightening agents increased by 9.6% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports enjoyed buoyant growth. The pace of growth appeared the most rapid in 2015 with an increase of 71% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, fluorescent brightening agents exports totaled $X in 2022. Overall, total exports indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -17.3% against 2019 indices. The growth pace was the most rapid in 2017 when exports increased by 54% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Belarus (X tons) was the main destination for fluorescent brightening agents exports from Russia, accounting for a 88% share of total exports. Moreover, fluorescent brightening agents exports to Belarus exceeded the volume sent to the second major destination, Uzbekistan (X tons), tenfold. The third position in this ranking was held by Kazakhstan (X tons), with a 3.7% share.

From 2012 to 2022, the average annual growth rate of volume to Belarus amounted to +29.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (+29.0% per year) and Kazakhstan (+10.0% per year).

In value terms, Uzbekistan ($X), Belarus ($X) and Kazakhstan ($X) constituted the largest markets for fluorescent brightening agents exported from Russia worldwide, together accounting for 100% of total exports.

Among the main countries of destination, Uzbekistan, with a CAGR of +33.2%, recorded the highest growth rate of 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

The average fluorescent brightening agents export price stood at $X per ton in 2022, which is down by -7.1% against the previous year. Overall, the export price showed a abrupt descent. The pace of growth appeared the most rapid in 2020 an increase of 31%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while the average price for exports to Belarus ($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 Uzbekistan (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.

Fluorescent Brightening Agents Imports

Imports into the Russian Federation

In 2022, the amount of synthetic organic products used as fluorescent brightening agents imported into Russia contracted notably to X tons, shrinking by -67.8% on the previous year. In general, imports recorded a abrupt shrinkage. The growth pace was the most rapid in 2016 with an increase of 11% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, fluorescent brightening agents imports stood at $X in 2022. Over the period under review, imports showed a noticeable shrinkage. The growth pace was the most rapid in 2019 when imports increased by 16%. 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), Switzerland (X tons) and France (X tons) were the main suppliers of fluorescent brightening agents imports to Russia, together comprising 89% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +1,309.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X), China ($X) and Ukraine ($X) constituted the largest fluorescent brightening agents suppliers to Russia, together accounting for 97% of total imports. Turkey, Germany, France, Italy and India lagged somewhat behind, together accounting for a further 2.3%.

Among the main suppliers, France, with a CAGR of +285.4%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average fluorescent brightening agents import price amounted to $X per ton, picking up by 245% against the previous year. In general, the import price posted a resilient expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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