Russian Federation - Isoprene Rubber (IR) in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Russian Federation - Isoprene Rubber (IR) in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights

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Price for Isoprene Rubber (IR) in Primary Form in Russia - 2022

Contents:

  1. Price for Isoprene Rubber (IR) in Primary Form in Russia (FOB) - 2022
  2. Price for Isoprene Rubber (IR) in Primary Form in Russia (CIF) - 2022
  3. Exports of Isoprene Rubber (IR) in Primary Form in Russia
  4. Imports of Isoprene Rubber (IR) in Primary Form in Russia

Price for Isoprene Rubber (IR) in Primary Form in Russia (FOB) - 2022

The average export price for isoprene rubber (IR) in primary forms stood at $1,653 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the export price, however, continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2017 an increase of 29%. Over the period under review, the average export prices hit record highs at $3,114 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Belgium ($1,964 per ton) and Belarus ($1,902 per ton), while the average price for exports to Slovakia ($1,512 per ton) and the United States ($1,518 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (-4.5%), while the prices for the other major destinations experienced a decline.

Price for Isoprene Rubber (IR) in Primary Form in Russia (CIF) - 2022

In 2022, the average import price for isoprene rubber (IR) in primary forms amounted to $1,186 per ton, reducing by -37.6% against the previous year. Over the period under review, the import price recorded a abrupt downturn. The pace of growth was the most pronounced in 2021 an increase of 41% against the previous year. The import price peaked at $2,322 per ton in 2014; however, from 2015 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 Italy ($1,429 per ton) and Cote d'Ivoire ($1,298 per ton), while the price for Germany ($1,041 per ton) and France ($1,076 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.6%), while the prices for the other major suppliers experienced a decline.

Exports of Isoprene Rubber (IR) in Primary Form in Russia

In 2022, the amount of isoprene rubber (IR) in primary forms exported from Russia surged to 322K tons, jumping by 17% on the previous year's figure. The total export volume increased at an average annual rate of +5.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 25%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of isoprene rubber (IR) in primary forms soared to $532M in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +11.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +80.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 53% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Export of Isoprene Rubber (IR) in Primary Form in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland64.637.366.286.710.3%
Turkey28.829.939.969.934.4%
United States25.017.526.343.820.6%
China13.728.022.335.237.0%
Spain14.55.818.432.030.2%
Hungary16.512.220.728.319.7%
Belarus25.415.525.527.93.2%
Romania22.412.518.324.63.2%
Japan14.16.914.624.019.4%
Mexico28.818.529.222.7-7.6%
Germany16.316.517.817.42.2%
Slovakia14.312.815.915.62.9%
Brazil15.115.725.711.3-9.2%
Others86.865.910992.92.3%
Total38629545053211.3%

Top Export Markets for Isoprene Rubber (IR) in Primary Form from Russia in 2022:

  1. Poland (56.4K tons)
  2. Turkey (40.6K tons)
  3. United States (28.8K tons)
  4. China (20.2K tons)
  5. Spain (19.2K tons)
  6. Hungary (17.0K tons)
  7. Romania (15.1K tons)
  8. Belarus (14.7K tons)
  9. Japan (14.4K tons)
  10. Mexico (13.5K tons)
  11. Germany (10.9K tons)
  12. Slovakia (10.3K tons)
  13. Brazil (7.1K tons)

Imports of Isoprene Rubber (IR) in Primary Form in Russia

In 2022, approx. 5K tons of isoprene rubber (IR) in primary forms were imported into Russia; increasing by 36% compared with 2021 figures. In general, imports posted significant growth. The growth pace was the most rapid in 2021 when imports increased by 96% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of isoprene rubber (IR) in primary forms fell to $5.9M in 2022. Overall, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 176%. As a result, imports reached the peak of $7M, and then reduced in the following year.

Import of Isoprene Rubber (IR) in Primary Form in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy96.73462,0391,757162.9%
India9.12991,1131,670468.3%
France1,8111,5111,9461,322-10.0%
Germany10462.0727997112.4%
Cote d'IvoireN/A27.135.310193.1%
China369169326N/A-6.0%
Others16011079087.7-18.2%
Total2,5512,5256,9755,93532.5%

Top Suppliers of Isoprene Rubber (IR) in Primary Form to Russia in 2022:

  1. India (1475.4 tons)
  2. Italy (1229.5 tons)
  3. France (1229.5 tons)
  4. Germany (957.8 tons)
  5. Cote d'Ivoire (77.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for isoprene rubber (ir) in primary form 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:

    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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. 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
    12. 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
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