Russian Federation - Ethyl Alcohol - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEthanol Price in Russia - 2022
Contents:
- Ethanol Price in Russia (FOB) - 2022
- Ethanol Price in Russia (CIF) - 2022
- Ethanol Exports in Russia
- Ethanol Imports in Russia
Ethanol Price in Russia (FOB) - 2022
In January 2022, the average ethanol export price amounted to $775 per thousand litres, increasing by 35% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in March 2021 an increase of 102% m-o-m. Over the period under review, the average export prices attained the peak figure at $817 per thousand litres in January 2021; however, from February 2021 to January 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major external markets. In January 2022, the countries with the highest prices were Kyrgyzstan ($909 per thousand litres) and Ukraine ($887 per thousand litres), while the average price for exports to Turkey ($714 per thousand litres) and Latvia ($744 per thousand litres) were amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.
Ethanol Price in Russia (CIF) - 2022
The average ethanol import price stood at $3.1 per litre in 2022, with an increase of 174% against the previous year. Over the period under review, the import price posted strong growth. The import price peaked at $4.1 per litre in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($6.8 per litre), while the price for the United States totaled $0.4 per litre.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+1.3%), while the prices for the other major suppliers experienced a decline.
Ethanol Exports in Russia
In 2022, approx. 153M litres of ethyl alcohol were exported from Russia; rising by 2.2% compared with the previous year. The total export volume increased at an average annual rate of +6.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 31% against the previous year. As a result, the exports reached the peak of 165M litres. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, ethanol exports rose remarkably to $78M in 2022. The total export value increased at an average annual rate of +9.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 36%. As a result, the exports reached the peak of $82M. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Ethanol in Russia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Latvia | 7.1 | 10.4 | 8.7 | 23.4 | 48.8% |
Turkey | 8.7 | 20.4 | 14.1 | 17.5 | 26.2% |
Turkmenistan | 6.8 | 8.5 | 9.9 | 13.8 | 26.6% |
China | N/A | N/A | N/A | 10.4 | 0% |
United Kingdom | N/A | 0.4 | 2.6 | 4.3 | 227.9% |
Ukraine | 3.3 | 3.0 | 3.4 | 2.7 | -6.5% |
Kazakhstan | 0.3 | 0.2 | 2.9 | 2.7 | 108.0% |
Finland | 27.5 | 30.8 | 23.1 | N/A | -8.3% |
Netherlands | N/A | 2.4 | 7.2 | N/A | 200.0% |
Others | 6.3 | 5.6 | 2.1 | 3.1 | -21.1% |
Total | 60.0 | 81.7 | 73.9 | 77.8 | 9.0% |
Top Export Markets for Ethanol from Russia in 2022:
- Latvia (48.2M litres)
- Turkey (33.7M litres)
- China (27.7M litres)
- Turkmenistan (22.7M litres)
- United Kingdom (7.5M litres)
- Kazakhstan (4.3M litres)
- Ukraine (4.2M litres)
Ethanol Imports in Russia
After three years of growth, overseas purchases of ethyl alcohol decreased by -60% to 197K litres in 2022. In general, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 372%. Over the period under review, imports hit record highs at 493K litres in 2021, and then shrank notably in the following year.
In value terms, ethanol imports stood at $612K in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 948%. As a result, imports reached the peak of $666K. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Ethanol in Russia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 0.1 | 24.3 | 9.3 | 561 | 1676.9% |
United States | N/A | N/A | 1.3 | 50.4 | 3776.9% |
Kazakhstan | 3.3 | 43.1 | 34.6 | N/A | 223.8% |
South Korea | N/A | N/A | 26.7 | N/A | 0% |
China | 6.8 | 21.3 | 66.4 | N/A | 212.5% |
Belarus | 19.4 | 125 | 221 | N/A | 237.5% |
Others | 33.8 | 452 | 199 | N/A | 142.6% |
Total | 63.5 | 666 | 558 | 612 | 112.8% |
Top Suppliers of Ethanol to Russia in 2022:
- United States (114.8K litres)
- United Kingdom (82.3K litres)
This report provides an in-depth analysis of the ethanol market in the Russian Federation. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20147400 - Undenatured ethyl alcohol of an alcoholic strength by volume. .80 % (important: excluding alcohol duty)
- Prodcom 20147500 - Denatured ethyl alcohol and other denatured spirits, of any strength
Country coverage:
- Russia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Russian Federation
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the ethanol market in the Russian Federation.
This report provides an in-depth analysis of the denatured ethyl alcohol market in the Russian Federation.
This report provides an in-depth analysis of the global ethanol market.
This report provides an in-depth analysis of the global denatured ethyl alcohol market.
This report provides an in-depth analysis of the ethanol market in the Russian Federation.
This report provides an in-depth analysis of the denatured ethyl alcohol market in the Russian Federation.
This report provides an in-depth analysis of the global ethanol market.
This report provides an in-depth analysis of the global denatured ethyl alcohol market.
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