Russian Federation - Isocyanates - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIsocyanates Price in Russia - 2022
Contents:
- Isocyanates Price in Russia (CIF) - 2022
- Isocyanates Price in Russia (FOB) - 2022
- Isocyanates Imports in Russia
- Isocyanates Exports in Russia
Isocyanates Price in Russia (CIF) - 2022
The average isocyanates import price stood at $2,281 per ton in 2022, dropping by -11.6% against the previous year. In general, the import price saw a perceptible decline. The most prominent rate of growth was recorded in 2017 when the average import price increased by 58%. Over the period under review, average import prices hit record highs at $3,402 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from South Korea ($2,610 per ton) and China ($2,272 per ton), while the price for the Netherlands ($1,954 per ton) and Hungary ($2,173 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+9.5%), while the prices for the other major suppliers experienced a decline.
Isocyanates Price in Russia (FOB) - 2022
The average isocyanates export price stood at $3,119 per ton in January 2022, declining by -4.4% against the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2021 when the average export price increased by 29% against the previous month. Over the period under review, the average export prices hit record highs at $3,716 per ton in May 2021; however, from June 2021 to January 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In January 2022, the country with the highest price was Kazakhstan ($3,286 per ton), while the average price for exports to Uzbekistan stood at $3,117 per ton.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Isocyanates Imports in Russia
In 2022, purchases abroad of isocyanates decreased by -4.6% to 57K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +4.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 10%. As a result, imports reached the peak of 60K tons, and then declined in the following year.
In value terms, isocyanates imports dropped remarkably to $131M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +10.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +35.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 46%. As a result, imports reached the peak of $155M, and then declined remarkably in the following year.
| Import of Isocyanates in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.3 | 18.8 | 47.9 | 45.7 | 76.6% |
| Hungary | 17.9 | 22.7 | 25.3 | 39.2 | 29.9% |
| Germany | 18.5 | 22.9 | 18.2 | 23.2 | 7.8% |
| South Korea | 9.7 | 11.7 | 32.3 | 18.2 | 23.3% |
| Netherlands | 3.1 | 3.9 | 4.6 | 1.7 | -18.1% |
| United States | 17.2 | 4.8 | 11.0 | N/A | -20.0% |
| Saudi Arabia | 14.1 | 16.5 | 9.5 | N/A | -17.9% |
| Others | 8.1 | 5.2 | 6.2 | 2.8 | -29.8% |
| Total | 96.8 | 106 | 155 | 131 | 10.6% |
Top Suppliers of Isocyanates to Russia in 2022:
- China (20.1K tons)
- Hungary (18.0K tons)
- Germany (10.4K tons)
- South Korea (7.0K tons)
- Netherlands (0.9K tons)
Isocyanates Exports in Russia
In 2022, after three years of growth, there was significant decline in overseas shipments of isocyanates, when their volume decreased by -22.1% to 1.3K tons. In general, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 229% against the previous year.
In value terms, isocyanates exports reduced rapidly to $3.8M in 2022. Overall, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 216%.
| Export of Isocyanates in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uzbekistan | 264 | 624 | 834 | 3,680 | 140.7% |
| Kazakhstan | 292 | 1,499 | 3,222 | 81.1 | -34.8% |
| Kyrgyzstan | 99.2 | 93.2 | 83.6 | 35.8 | -28.8% |
| Others | 107 | 190 | 1,048 | N/A | 213.0% |
| Total | 762 | 2,407 | 5,187 | 3,797 | 70.8% |
Top Export Markets for Isocyanates from Russia in 2022:
- Uzbekistan (1236.5 tons)
- Kazakhstan (25.8 tons)
- Kyrgyzstan (12.9 tons)
This report provides an in-depth analysis of the isocyanates 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 20144450 - Isocyanates
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
-
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
333
This report provides an in-depth analysis of the isocyanates market in the Russian Federation.
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This report provides an in-depth analysis of the isocyanates market in the Russian Federation.
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This report provides an in-depth analysis of the market for compounds with other nitrogen function in the Russian Federation.
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This report provides an in-depth analysis of the global isocyanates market.
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