Russian Federation - Resinoids - Market Analysis, Forecast, Size, Trends And Insights
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View PricingResinoids Price in Russia - 2022
Contents:
- Resinoids Price in Russia (FOB) - 2022
- Resinoids Price in Russia (CIF) - 2022
- Resinoids Exports in Russia
- Resinoids Imports in Russia
Resinoids Price in Russia (FOB) - 2022
The average resinoids export price stood at $11,961 per ton in 2022, increasing by 27% against the previous year. Over the period under review, the export price enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 52%. The export price peaked at $19,428 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($13,579 per ton), while the average price for exports to Armenia amounted to $5,362 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+4.4%), while the prices for the other major destinations experienced mixed trend patterns.
Resinoids Price in Russia (CIF) - 2022
In 2022, the average resinoids import price amounted to $36,214 per ton, growing by 9.7% against the previous year. Overall, the import price continues to indicate a tangible increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 119% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for South Africa.
From 2012 to 2022, the rate of growth in terms of prices for Belarus amounted to +25.3% per year.
Resinoids Exports in Russia
In 2022, after three years of growth, there was significant decline in overseas shipments of resinoids, when their volume decreased by -33.2% to 1.1 tons. Over the period under review, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 162% against the previous year.
In value terms, resinoids exports dropped significantly to $14K in 2022. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 84%.
| Export of Resinoids in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 0.8 | 0.6 | 0.4 | 12.4 | 149.3% |
| Armenia | 0.5 | N/A | N/A | 1.2 | 33.9% |
| Belarus | 4.1 | 8.9 | 3.7 | N/A | -5.0% |
| Kyrgyzstan | N/A | N/A | 0.7 | N/A | 0% |
| Others | 0.6 | 1.7 | 11.3 | N/A | 334.0% |
| Total | 6.1 | 11.2 | 16.0 | 13.6 | 30.6% |
Top Export Markets for Resinoids from Russia in 2022:
- Kazakhstan (914.0 kg)
- Armenia (224.0 kg)
Resinoids Imports in Russia
For the third year in a row, Russia recorded decline in overseas purchases of resinoids, which decreased by -22.8% to 206 kg in 2022. Overall, imports showed a significant decline.
In value terms, resinoids imports dropped markedly to $7.5K in 2022. In general, imports saw a dramatic contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 44% against the previous year.
| Import of Resinoids in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | N/A | N/A | N/A | 7.5 | 0% |
| Thailand | 0.4 | N/A | 2.9 | N/A | 169.3% |
| China | 18.0 | N/A | N/A | N/A | 0% |
| France | 0.5 | 3.9 | 3.1 | N/A | 149.0% |
| India | 1.2 | N/A | 0.9 | N/A | -13.4% |
| Belarus | 1.4 | 0.2 | 0.1 | N/A | -73.3% |
| Ukraine | 0.5 | 0.7 | 1.5 | N/A | 73.2% |
| Others | 0.1 | 1.2 | 0.3 | N/A | 73.2% |
| Total | 22.2 | 6.1 | 8.8 | 7.5 | -30.4% |
Top Suppliers of Resinoids to Russia in 2022:
- South Africa (206.0 kg)
This report provides an in-depth analysis of the resinoids 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 20531030 - Resinoids
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
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