CIS: Unvulcanized Rubber Market 2024

Unvulcanized Rubber Market Size in CIS

The CIS unvulcanized rubber market contracted markedly to $X in 2022, waning by X% against the previous year. In general, consumption saw a noticeable downturn. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Unvulcanized Rubber Production in CIS

In value terms, unvulcanized rubber production reached $X in 2022 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Unvulcanized Rubber Exports

Exports in CIS

In 2022, exports of unvulcanized rubber and articles thereof in the CIS reached X tons, almost unchanged from the previous year's figure. Total exports indicated moderate growth from 2012 to 2022: its volume 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, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, unvulcanized rubber exports fell slightly to $X in 2022. Total exports indicated a modest increase 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, exports increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2017 when exports increased by X%. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Belarus (X tons) was the major exporter of unvulcanized rubber and articles thereof, making up X% of total exports. It was distantly followed by Russia (X tons), making up a X% share of total exports.

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

In value terms, the largest unvulcanized rubber supplying countries in the CIS were Belarus ($X) and Russia ($X).

Belarus, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, waning by X% against the previous year. Overall, the export price saw a noticeable decrease. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while Belarus amounted to $X per ton.

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

Unvulcanized Rubber Imports

Imports in CIS

In 2022, the amount of unvulcanized rubber and articles thereof imported in the CIS reduced remarkably to X tons, shrinking by X% against 2021 figures. Over the period under review, imports showed a pronounced descent. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, unvulcanized rubber imports shrank significantly to $X in 2022. Overall, imports recorded a pronounced slump. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Russia represented the key importing country with an import of about X tons, which amounted to X% of total imports. Belarus (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Kazakhstan (X%) and Uzbekistan (X%). Azerbaijan (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to unvulcanized rubber imports into Russia stood at X%. At the same time, Uzbekistan (X%), Kazakhstan (X%) and Azerbaijan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. By contrast, Belarus (X%) illustrated a downward trend over the same period. Uzbekistan (X p.p.), Kazakhstan (X p.p.) and Belarus (X p.p.) significantly strengthened its position in terms of the total imports, while Russia saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported unvulcanized rubber and articles thereof in the CIS, comprising X% of total imports. The second position in the ranking was held by Belarus ($X), with a X% share of total imports. It was followed by Kazakhstan, with an X% share.

From 2012 to 2022, the average annual growth rate of value in Russia totaled X%. In the other countries, the average annual rates were as follows: Belarus (X% per year) and Kazakhstan (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, picking up by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the import price increased by X%. Over the period under review, import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Russia ($X per ton) and Kazakhstan ($X per ton), while Belarus ($X per ton) and Uzbekistan ($X per ton) were 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 mixed trends in the import price figures.

Source: IndexBox Platform

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