Report Update: Apr 1, 2024

Russian Federation - Industrial Fatty Alcohols - Market Analysis, Forecast, Size, Trends And Insights

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Industrial Fatty Alcohols Price in Russia - 2022

Industrial Fatty Alcohols Price in Russia (CIF) - 2022

In January 2022, the average industrial fatty alcohols import price amounted to $2,593 per ton, increasing by 18% against the previous month. Over the last twelve months, it increased at an average monthly rate of +4.1%. The pace of growth appeared the most rapid in February 2021 an increase of 21% against the previous month. Over the period under review, average import prices reached the maximum in January 2022.

Average prices varied noticeably amongst the major supplying countries. In January 2022, the countries with the highest prices were the Netherlands ($2,838 per ton) and Indonesia ($2,574 per ton), while the price for Germany ($2,318 per ton) and India ($2,373 per ton) were amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Industrial Fatty Alcohols Price in Russia (FOB) - 2022

In 2022, the average industrial fatty alcohols export price amounted to $1,522 per ton, waning by -17.4% against the previous year. Over the period under review, the export price saw a noticeable decline. The growth pace was the most rapid in 2020 an increase of 55%. The export price peaked at $2,229 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 export markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($2,594 per ton), while the average price for exports to Belarus ($1,381 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 Luxembourg (+38.3%), while the prices for the other major destinations experienced more modest paces of growth.

Industrial Fatty Alcohols Imports in Russia

After three years of growth, supplies from abroad of industrial fatty alcohols decreased by -5.9% to 33K tons in 2022. The total import volume increased at an average annual rate of +4.4% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 13%. As a result, imports reached the peak of 35K tons, and then reduced in the following year.

In value terms, industrial fatty alcohols imports declined dramatically to $58M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +13.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.7% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 59%. As a result, imports attained the peak of $71M, and then contracted significantly in the following year.

Import of Industrial Fatty Alcohols in Russia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Indonesia	9.2	12.3	21.7	31.8	51.2%
Netherlands	13.0	13.6	23.2	15.1	5.1%
Germany	8.1	9.5	16.0	4.8	-16.0%
India	3.0	2.4	4.1	3.6	6.3%
France	N/A	N/A	0.7	2.0	185.7%
Malaysia	5.6	5.9	4.9	0.6	-52.5%
Others	0.5	0.9	0.5	N/A	0.0%
Total	39.5	44.7	71.1	57.9	13.6%

Top Suppliers of Industrial Fatty Alcohols to Russia in 2022:

Indonesia (18.2K tons)
Netherlands (7.9K tons)
Germany (3.0K tons)
India (2.2K tons)
France (1.2K tons)
Malaysia (0.4K tons)

Industrial Fatty Alcohols Exports in Russia

In 2022, industrial fatty alcohols exports from Russia declined to 136 tons, which is down by -12.8% on the previous year. In general, total exports indicated a noticeable expansion from 2019 to 2022: its volume increased at an average annual rate of +2.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +46.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 68% against the previous year. As a result, the exports reached the peak of 155 tons, and then dropped in the following year.

In value terms, industrial fatty alcohols exports declined remarkably to $206K in 2022. Over the period under review, exports, however, saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 127% against the previous year. As a result, the exports attained the peak of $286K, and then dropped dramatically in the following year.

Export of Industrial Fatty Alcohols in Russia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Belarus	40.2	56.5	97.4	165	60.1%
Luxembourg	N/A	0.7	N/A	40.3	658.8%
Kazakhstan	54.9	31.4	166	0.6	-77.8%
Poland	9.9	21.1	6.7	N/A	-17.7%
Others	5.2	16.5	16.3	N/A	77.0%
Total	110	126	286	206	23.3%

Top Export Markets for Industrial Fatty Alcohols from Russia in 2022:

Belarus (119.8 tons)
Luxembourg (15.5 tons)
Kazakhstan (0.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the industrial fatty alcohols 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 20142100 - Industrial fatty alcohols

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023