CIS: Anti-Oxidising Preparations Market 2024

Anti-Oxidising Preparations Market Size in CIS

The CIS anti-oxidising preparations market rose modestly to $X in 2023, with an increase of X% against the previous year. Overall, consumption recorded a deep setback. The level of consumption peaked at $X in 2019; however, from 2020 to 2023, consumption failed to regain momentum.

Anti-Oxidising Preparations Production in CIS

In value terms, anti-oxidising preparations production reduced notably to $X in 2023 estimated in export price. Overall, production showed a abrupt contraction. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2023, production growth remained at a lower figure.

Anti-Oxidising Preparations Exports

Exports in CIS

In 2023, shipments abroad of anti-oxidising preparations and other compounds stabilisers for rubber or plastics decreased by X% to X tons, falling for the second consecutive year after three years of growth. Overall, exports saw a deep contraction. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, anti-oxidising preparations exports dropped slightly to $X in 2023. In general, exports continue to indicate a precipitous setback. The pace of growth appeared the most rapid in 2020 with an increase of X%. The level of export peaked at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

Exports by Country

Uzbekistan prevails in exports structure, resulting at X tons, which was approx. X% of total exports in 2023. It was distantly followed by Belarus (X tons), constituting a X% share of total exports.

Uzbekistan was also the fastest-growing in terms of the anti-oxidising preparations and other compounds stabilisers for rubber or plastics exports, with a CAGR of X% from 2012 to 2023. Belarus (X%) illustrated a downward trend over the same period. While the share of Uzbekistan (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Uzbekistan ($X) remains the largest anti-oxidising preparations supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Belarus ($X), with a X% share of total exports.

In Uzbekistan, anti-oxidising preparations exports increased at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in the CIS amounted to $X per ton, picking up by X% against the previous year. Overall, the export price, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2022 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Belarus ($X per ton), while Uzbekistan totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Belarus (X%).

Anti-Oxidising Preparations Imports

Imports in CIS

After four years of growth, overseas purchases of anti-oxidising preparations and other compounds stabilisers for rubber or plastics decreased by X% to X tons in 2023. In general, imports saw a drastic downturn. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.

In value terms, anti-oxidising preparations imports fell to $X in 2023. Over the period under review, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2023, imports remained at a lower figure.

Imports by Country

Uzbekistan (X tons) and Kazakhstan (X tons) prevails in imports structure, together committing X% of total imports. It was distantly followed by Tajikistan (X tons), mixing up a X% share of total imports. The following importers - Kyrgyzstan (X tons) and Armenia (X tons) - together made up X% of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Kazakhstan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X), Uzbekistan ($X) and Armenia ($X) were the countries with the highest levels of imports in 2023, with a combined X% share of total imports.

Among the main importing countries, Kazakhstan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in the CIS amounted to $X per ton, stabilizing at the previous year. Over the period under review, the import price, however, recorded a pronounced downturn. The most prominent rate of growth was recorded in 2017 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Armenia ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Armenia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform