CIS: Market for Polyethylene in Primary Forms 2022

Market Size for Polyethylene in Primary Forms in CIS

In 2021, the CIS polyethylene in primary forms market decreased by -X% to $X, falling for the second year in a row after two years of growth. In general, consumption continues to indicate a abrupt decline. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Polyethylene in Primary Forms in CIS

In value terms, polyethylene in primary forms production declined to $X in 2021 estimated in export price. Overall, production recorded a mild decrease. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Exports of Polyethylene in Primary Forms

Exports in CIS

For the third year in a row, the CIS recorded growth in overseas shipments of polyethylene in primary forms, which increased by X% to X tons in 2021. Overall, exports saw a resilient expansion. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. The volume of export peaked in 2021 and is likely to continue growth in the immediate term.

In value terms, polyethylene in primary forms exports skyrocketed to $X in 2021. In general, exports continue to indicate a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Russia (X tons) represented the main exporter of polyethylene in primary forms, achieving X% of total exports. It was distantly followed by Uzbekistan (X tons) and Azerbaijan (X tons), together achieving a X% share of total exports. Belarus (X tons) followed a long way behind the leaders.

Exports from Russia increased at an average annual rate of +X% from 2012 to 2021. At the same time, Uzbekistan (+X%) and Azerbaijan (+X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +X% from 2012-2021. By contrast, Belarus (-X%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Russia and Uzbekistan increased by +X and +X percentage points, respectively.

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

In Russia, polyethylene in primary forms exports expanded at an average annual rate of +X% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Uzbekistan (+X% per year) and Azerbaijan (+X% per year).

Export Prices by Country

In 2021, the export price in the CIS amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced descent. Over the period under review, the export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in Uzbekistan ($X per ton) and Belarus ($X per ton), while Russia ($X per ton) and Azerbaijan ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Azerbaijan (+X%), while the other leaders experienced a decline in the export price figures.

Imports of Polyethylene in Primary Forms

Imports in CIS

In 2021, supplies from abroad of polyethylene in primary forms decreased by -X% to X tons, falling for the second year in a row after four years of growth. Over the period under review, imports recorded a perceptible slump. The pace of growth was the most pronounced in 2019 when imports increased by X%. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, polyethylene in primary forms imports skyrocketed to $X in 2021. Overall, imports recorded a abrupt contraction. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Russia dominates imports structure, amounting to X tons, which was near X% of total imports in 2021. It was distantly followed by Kazakhstan (X tons), Belarus (X tons) and Uzbekistan (X tons), together achieving a X% share of total imports. The following importers - Azerbaijan (X tons) and Armenia (X tons) - together made up X% of total imports.

From 2012 to 2021, average annual rates of growth with regard to polyethylene in primary forms imports into Russia stood at -X%. At the same time, Uzbekistan (+X%) and Armenia (+X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +X% from 2012-2021. By contrast, Azerbaijan (-X%), Belarus (-X%) and Kazakhstan (-X%) illustrated a downward trend over the same period. While the share of Uzbekistan (+X p.p.) and Armenia (+X p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Russia (-X p.p.) and Kazakhstan (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported polyethylene in primary forms in the CIS, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total imports. It was followed by Uzbekistan, with a X% share.

In Russia, polyethylene in primary forms imports decreased by an average annual rate of -X% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Kazakhstan (-X% per year) and Uzbekistan (+X% per year).

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the import price, however, continues to indicate a mild decline. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Russia ($X per ton) and Uzbekistan ($X per ton), while Belarus ($X per ton) and Kazakhstan ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (-X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform