CIS: Derivatives Of Hydrocarbons Market 2024

Derivatives Of Hydrocarbons Market Size in CIS

The CIS derivatives of hydrocarbons market contracted markedly to $X in 2022, waning by X% against the previous year. Overall, consumption recorded a abrupt setback. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Derivatives Of Hydrocarbons Production in CIS

In value terms, derivatives of hydrocarbons production skyrocketed to $X in 2022 estimated in export price. Overall, production, however, recorded a abrupt setback. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Derivatives Of Hydrocarbons Exports

Exports in CIS

In 2022, exports of derivatives of hydrocarbons other than containing only sulpho-, nitro-, or nitroso groups in the CIS rose rapidly to X tons, picking up by X% on the year before. Overall, exports, however, showed a abrupt curtailment. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, derivatives of hydrocarbons exports reduced dramatically to $X in 2022. Over the period under review, exports recorded a prominent increase. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Uzbekistan prevails in exports structure, recording X tons, which was near X% of total exports in 2022. Russia (X kg) and Belarus (X kg) took a relatively small share of total exports.

Uzbekistan was also the fastest-growing in terms of the derivatives of hydrocarbons other than containing only sulpho-, nitro-, or nitroso groups exports, with a CAGR of X% from 2012 to 2022. Belarus (X%) and Russia (X%) illustrated a downward trend over the same period. While the share of Uzbekistan (X p.p.) and Belarus (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Russia (X p.p.) displayed negative dynamics.

In value terms, Russia ($X) remains the largest derivatives of hydrocarbons supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Uzbekistan ($X), with a X% share of total exports.

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: Uzbekistan (X% per year) and Belarus (X% per year).

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the export price, however, enjoyed a prominent increase. The growth pace was the most rapid in 2019 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2021, and then fell markedly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while Uzbekistan ($X per ton) 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 more modest paces of growth.

Derivatives Of Hydrocarbons Imports

Imports in CIS

Derivatives of hydrocarbons imports dropped notably to X tons in 2022, which is down by X% on the year before. In general, imports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, derivatives of hydrocarbons imports shrank to $X in 2022. Overall, imports saw a noticeable setback. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Russia (X tons) and Uzbekistan (X tons) dominates imports structure, together committing X% of total imports. Kyrgyzstan (X tons) ranks next in terms of the total imports with a X% share, followed by Kazakhstan (X%). Azerbaijan (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Kyrgyzstan (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Russia ($X) constitutes the largest market for imported derivatives of hydrocarbons other than containing only sulpho-, nitro-, or nitroso groups in the CIS, comprising X% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with a X% share of total imports. It was followed by Kyrgyzstan, with a X% share.

In Russia, derivatives of hydrocarbons imports decreased by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Uzbekistan (X% per year) and Kyrgyzstan (X% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the import price posted a prominent increase. 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 Russia ($X per ton), while Azerbaijan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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