Russian Federation: Amine-Function Compounds Market 2024

Amine-Function Compounds Market Size in the Russian Federation

In 2022, the Russian amine-function compounds market decreased by X% to $X, falling for the third year in a row after three years of growth. Overall, consumption continues to indicate a abrupt curtailment. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Amine-Function Compounds Production in the Russian Federation

In value terms, amine-function compounds production soared to $X in 2022 estimated in export price. In general, production saw a deep slump. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Amine-Function Compounds Exports

Exports from the Russian Federation

After three years of growth, overseas shipments of amine-function compounds decreased by X% to X tons in 2022. In general, exports showed a noticeable setback. The growth pace was the most rapid in 2016 when exports increased by X%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, amine-function compounds exports skyrocketed to $X in 2022. Over the period under review, exports recorded a perceptible setback. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

India (X tons) was the main destination for amine-function compounds exports from Russia, accounting for a X% share of total exports. Moreover, amine-function compounds exports to India exceeded the volume sent to the second major destination, France (X tons), twofold. The third position in this ranking was taken by Kazakhstan (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to India amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Kazakhstan (X% per year).

In value terms, France ($X), Kazakhstan ($X) and India ($X) were the largest markets for amine-function compounds exported from Russia worldwide, together accounting for X% of total exports. Brazil, Kyrgyzstan, Australia, Colombia, Mauritania and Ukraine lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Colombia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average amine-function compounds export price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the export price, however, saw a mild downturn. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mauritania (X%), while the prices for the other major destinations experienced more modest paces of growth.

Amine-Function Compounds Imports

Imports into the Russian Federation

In 2022, overseas purchases of amine-function compounds decreased by X% to X tons, falling for the second consecutive year after two years of growth. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, amine-function compounds imports skyrocketed to $X in 2022. In general, imports, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, China (X tons) constituted the largest amine-function compounds supplier to Russia, with a X% share of total imports. Moreover, amine-function compounds imports from China exceeded the figures recorded by the second-largest supplier, Belgium (X tons), more than tenfold. The third position in this ranking was taken by India (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and India (X% per year).

In value terms, China ($X) constituted the largest supplier of amine-function compounds to Russia, comprising X% of total imports. The second position in the ranking was held by India ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average amine-function compounds import price amounted to $X per ton, growing by X% against the previous year. In general, import price indicated a resilient increase from 2012 to 2022: its price 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, amine-function compounds import price increased by X% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Estonia ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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