CIS: Amine-Function Compounds Market 2024

Amine-Function Compounds Market Size in CIS

In 2022, the CIS amine-function compounds market decreased by X% to $X, falling for the third year in a row after four years of growth. In general, consumption saw a perceptible reduction. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Amine-Function Compounds Production in CIS

In value terms, amine-function compounds production stood at $X in 2022 estimated in export price. Over the period under review, production showed a perceptible reduction. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Amine-Function Compounds Exports

Exports in CIS

Amine-function compounds exports dropped significantly to X tons in 2022, shrinking by X% against the year before. Overall, exports continue to indicate a noticeable setback. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The volume of export peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, amine-function compounds exports soared to $X in 2022. In general, exports showed a pronounced decline. The pace of growth was the most pronounced in 2019 with an increase of X%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Russia prevails in exports structure, resulting at X tons, which was approx. X% of total exports in 2022. Moldova (X tons) held a minor share of total exports.

Exports from Russia decreased at an average annual rate of X% from 2012 to 2022. At the same time, Moldova (X%) displayed positive paces of growth. Moreover, Moldova emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Moldova increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest amine-function compounds supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Moldova ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Russia amounted to X%.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2022, picking up by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. Over the period under review, the export prices attained the maximum at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while Moldova amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Moldova (X%).

Amine-Function Compounds Imports

Imports in CIS

In 2022, supplies from abroad of amine-function compounds decreased by X% to X tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a slight contraction. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, amine-function compounds imports skyrocketed to $X in 2022. Overall, imports, however, saw a moderate expansion. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

Russia dominates imports structure, recording X tons, which was approx. X% of total imports in 2022. It was distantly followed by Kazakhstan (X tons), achieving a X% share of total imports. Belarus (X tons) followed a long way behind the leaders.

Russia experienced a relatively flat trend pattern with regard to volume of imports of amine-function compounds. Belarus (X%) and Kazakhstan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Russia increased by X percentage points.

In value terms, Russia ($X) constitutes the largest market for imported amine-function compounds in the CIS, comprising X% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a X% share of total imports.

In Russia, amine-function compounds imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Kazakhstan (X% per year) and Belarus (X% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, surging by X% against the previous year. Import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, amine-function compounds import price increased by X% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belarus ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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