CIS: Denatured Ethyl Alcohol Market 2024

Denatured Ethyl Alcohol Market Size in CIS

The CIS denatured ethyl alcohol market soared to $X in 2022, jumping by X% against the previous year. The total consumption indicated a pronounced expansion from 2012 to 2022: its value 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, consumption decreased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Denatured Ethyl Alcohol Production in CIS

In value terms, denatured ethyl alcohol production expanded significantly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Denatured Ethyl Alcohol Exports

Exports in CIS

In 2022, the amount of denatured ethyl alcohol and other denatured spirits exported in the CIS surged to X litres, rising by X% on 2021 figures. Overall, exports posted a buoyant increase. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, denatured ethyl alcohol exports surged to $X in 2022. In general, exports enjoyed strong growth. The pace of growth was the most pronounced in 2016 when exports increased by X%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

Russia dominates exports structure, finishing at X litres, which was approx. X% of total exports in 2022. It was distantly followed by Kazakhstan (X litres), making up a X% share of total exports. Moldova (X litres) and Belarus (X litres) held a minor share of total exports.

Exports from Russia increased at an average annual rate of X% from 2012 to 2022. At the same time, Moldova (X%), Kazakhstan (X%) and Belarus (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 Kazakhstan, Moldova and Belarus increased by X, X and X percentage points, respectively.

In value terms, Russia ($X) remains the largest denatured ethyl alcohol supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a X% share of total exports. It was followed by Moldova, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Russia totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Kazakhstan (X% per year) and Moldova (X% per year).

Export Prices by Country

The export price in the CIS stood at $X per litre in 2022, surging by X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per litre in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Kazakhstan ($X per litre), while Belarus ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced a decline in the export price figures.

Denatured Ethyl Alcohol Imports

Imports in CIS

In 2022, after two years of growth, there was significant decline in overseas purchases of denatured ethyl alcohol and other denatured spirits, when their volume decreased by X% to X litres. In general, imports, however, showed a significant expansion. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The volume of import peaked at X litres in 2021, and then shrank significantly in the following year.

In value terms, denatured ethyl alcohol imports contracted remarkably to $X in 2022. Over the period under review, imports, however, saw resilient growth. The pace of growth appeared the most rapid in 2015 with an increase of X%. The level of import peaked at $X in 2021, and then declined dramatically in the following year.

Imports by Country

In 2022, Moldova (X litres) and Kazakhstan (X litres) represented the largest importer of denatured ethyl alcohol and other denatured spirits in the CIS, generating X% of total import.

From 2012 to 2022, the biggest increases were recorded for Moldova (with a CAGR of X%).

In value terms, Moldova ($X) and Kazakhstan ($X) appeared to be the countries with the highest levels of imports in 2022.

Among the main importing countries, Moldova, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The import price in the CIS stood at $X per litre in 2022, rising by X% against the previous year. In general, the import price, however, showed a abrupt decrease. The level of import peaked at $X per litre in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Moldova ($X per litre), while Kazakhstan amounted to $X per litre.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :