Russian Federation: Trichloroethylene And Tetrachloroethylene Market 2024

Trichloroethylene And Tetrachloroethylene Market Size in the Russian Federation

The Russian trichloroethylene and tetrachloroethylene market was finally on the rise to reach $X in 2021, after three years of decline. Overall, the total consumption indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +4.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -12.9% against 2017 indices. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Trichloroethylene And Tetrachloroethylene Production in the Russian Federation

In value terms, trichloroethylene and tetrachloroethylene production rose to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.7% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 when the production volume increased by 19% against the previous year. Trichloroethylene and tetrachloroethylene production peaked at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Trichloroethylene And Tetrachloroethylene Exports

Exports from the Russian Federation

In 2021, overseas shipments of trichloroethylene and tetrachloroethylene (perchloroethylene) increased by 14% to X tons, rising for the second year in a row after five years of decline. In general, exports, however, faced a precipitous setback. The pace of growth was the most pronounced in 2020 when exports increased by 24%. Over the period under review, the exports attained the peak figure at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, trichloroethylene and tetrachloroethylene exports skyrocketed to $X in 2021. Overall, exports, however, showed a sharp curtailment. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Kazakhstan (X tons) was the main destination for trichloroethylene and tetrachloroethylene exports from Russia, with a 63% share of total exports. Moreover, trichloroethylene and tetrachloroethylene exports to Kazakhstan exceeded the volume sent to the second major destination, Belarus (X tons), threefold. Mongolia (X tons) ranked third in terms of total exports with a 3.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Kazakhstan totaled +30.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (+7.8% per year) and Mongolia (-13.9% per year).

In value terms, Kazakhstan ($X) remains the key foreign market for trichloroethylene and tetrachloroethylene (perchloroethylene) exports from Russia, comprising 62% of total exports. The second position in the ranking was taken by Belarus ($X), with a 19% share of total exports. It was followed by Mongolia, with a 6.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Kazakhstan totaled +17.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (+7.3% per year) and Mongolia (-6.8% per year).

Export Prices by Country

The average trichloroethylene and tetrachloroethylene export price stood at $X per ton in 2021, with an increase of 18% against the previous year. Overall, export price indicated pronounced growth from 2012 to 2021: its price increased at an average annual rate of +3.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when the average export price increased by 35%. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, 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 Mongolia ($X per ton), while the average price for exports to Uzbekistan ($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 Mongolia (+8.2%), while the prices for the other major destinations experienced a decline.

Trichloroethylene And Tetrachloroethylene Imports

Imports into the Russian Federation

In 2021, approx. X tons of trichloroethylene and tetrachloroethylene (perchloroethylene) were imported into Russia; dropping by -2.3% compared with 2020. Over the period under review, total imports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +8.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +16.4% against 2019 indices. The pace of growth was the most pronounced in 2015 with an increase of 39%. Imports peaked at X tons in 2020, and then contracted in the following year.

In value terms, trichloroethylene and tetrachloroethylene imports soared to $X in 2021. Overall, total imports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +5.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), France (X tons) and the Czech Republic (X tons) were the main suppliers of trichloroethylene and tetrachloroethylene imports to Russia, together comprising 76% of total imports. Germany, the United States and Japan lagged somewhat behind, together accounting for a further 23%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +172.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of trichloroethylene and tetrachloroethylene (perchloroethylene) to Russia, comprising 50% of total imports. The second position in the ranking was taken by Germany ($X), with an 18% share of total imports. It was followed by France, with a 15% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +15.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+1.0% per year) and France (+9.5% per year).

Import Prices by Country

The average trichloroethylene and tetrachloroethylene import price stood at $X per ton in 2021, picking up by 40% against the previous year. Over the period under review, the import price, however, showed a noticeable descent. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+33.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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