CIS: Aromatic Hydrocarbon Mixtures Market 2024

Aromatic Hydrocarbon Mixtures Market Size in CIS

In 2022, the CIS aromatic hydrocarbon mixtures market increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, consumption saw a relatively flat trend pattern. The level of consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Aromatic Hydrocarbon Mixtures Production in CIS

In value terms, aromatic hydrocarbon mixtures production declined to $X in 2022 estimated in export price. In general, production continues to indicate a pronounced shrinkage. 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.

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Aromatic Hydrocarbon Mixtures Exports

Exports in CIS

For the third year in a row, the CIS recorded decline in shipments abroad of naphthalene and other aromatic hydrocarbon mixtures, which decreased by X% to X tons in 2022. Over the period under review, exports, however, recorded buoyant growth. The pace of growth was the most pronounced in 2013 with an increase of X%. 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, aromatic hydrocarbon mixtures exports dropped significantly to $X in 2022. Overall, exports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia prevails in exports structure, accounting for X tons, which was near X% of total exports in 2022. Belarus (X tons) took a little share of total exports.

Russia was also the fastest-growing in terms of the naphthalene and other aromatic hydrocarbon mixtures exports, with a CAGR of X% from 2012 to 2022. Belarus (X%) illustrated a downward trend over the same period. Russia (X p.p.) significantly strengthened its position in terms of the total exports, while Belarus saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Russia ($X) remains the largest aromatic hydrocarbon mixtures supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Belarus ($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

In 2022, the export price in the CIS amounted to $X per ton, surging by X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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 Belarus totaled $X per ton.

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

Aromatic Hydrocarbon Mixtures Imports

Imports in CIS

In 2022, approx. X tons of naphthalene and other aromatic hydrocarbon mixtures were imported in the CIS; falling by X% against the previous year's figure. In general, imports, however, posted strong growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, aromatic hydrocarbon mixtures imports shrank to $X in 2022. Overall, imports, however, continue to indicate strong growth. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Russia was the main importer of naphthalene and other aromatic hydrocarbon mixtures in the CIS, with the volume of imports reaching X tons, which was near X% of total imports in 2022. Belarus (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Uzbekistan (X%). Kazakhstan (X tons) and Kyrgyzstan (X tons) took a little share of total imports.

Imports into Russia increased at an average annual rate of X% from 2012 to 2022. At the same time, Kazakhstan (X%), Uzbekistan (X%), Kyrgyzstan (X%) and Belarus (X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. Uzbekistan (X p.p.) and Kazakhstan (X p.p.) significantly strengthened its position in terms of the total imports, while Belarus and Russia saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest aromatic hydrocarbon mixtures importing markets in the CIS were Russia ($X), Belarus ($X) and Uzbekistan ($X), with a combined X% share of total imports. Kazakhstan and Kyrgyzstan lagged somewhat behind, together accounting for a further X%.

Kazakhstan, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of X%. Over the period under review, import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 Kazakhstan ($X per ton), while Russia ($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 mixed trends in the import price figures.

Source: IndexBox Platform

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