Russian Federation: Ether Market Overview 2020

Ether Market Size in the Russian Federation

The revenue of the ether market in Russia amounted to $X in 2018, jumping by X% against the previous year. Over the period under review, the total market indicated a mild increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, ether consumption increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, the ether market reached its maximum level at $X in 2012; however, from 2013 to 2018, consumption failed to regain its momentum.

Ether Production in the Russian Federation

In value terms, ether production stood at $X in 2018 estimated in export prices. Over the period under review, ether production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when production volume increased by X% y-o-y. Ether production peaked at $X in 2012; however, from 2013 to 2018, production remained at a lower figure.

Ether Exports

Exports from the Russian Federation

In 2018, the amount of ethers exported from Russia stood at X tonnes, picking up by X% against the previous year. In general, ether exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, ether exports reached their peak figure in 2018 and are likely to see steady growth in the near future.

In value terms, ether exports totaled $X in 2018. Over the period under review, ether exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by X% year-to-year. Exports peaked in 2018 and are likely to see steady growth in the near future.

Exports by Country

The Netherlands (X tonnes) was the main destination for ether exports from Russia, with a X% share of total exports. Moreover, ether exports to the Netherlands exceeded the volume sent to the second major destination, Ukraine (X tonnes), fivefold. Libya (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to the Netherlands stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (-X% per year) and Libya (X% per year).

In value terms, the Netherlands ($X) remains the key foreign market for ether exports from Russia, comprising X% of total ether exports. The second position in the ranking was occupied by Ukraine ($X), with a X% share of total exports. It was followed by Libya, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to the Netherlands stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (-X% per year) and Libya (X% per year).

Export Prices by Country

In 2018, the average ether export price amounted to $X per tonne, increasing by X% against the previous year. Overall, the ether export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 an increase of X% year-to-year. Over the period under review, the average export prices for ethers attained their maximum at $X per tonne in 2014; however, from 2015 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Kazakhstan ($X per tonne), while the average price for exports to the Netherlands ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan, while the prices for the other major destinations experienced more modest paces of growth.

Ether Imports

Imports into the Russian Federation

In 2018, approx. X tonnes of ethers were imported into Russia; rising by X% against the previous year. Over the period under review, ether imports continue to indicate remarkable growth. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Over the period under review, ether imports attained their peak figure in 2018 and are expected to retain its growth in the immediate term.

In value terms, ether imports totaled $X in 2018. Over the period under review, ether imports continue to indicate prominent growth. The pace of growth appeared the most rapid in 2010 when imports increased by X% against the previous year. Imports peaked in 2018 and are likely to continue its growth in the near future.

Imports by Country

The Netherlands (X tonnes), Germany (X tonnes) and Kazakhstan (X tonnes) were the main suppliers of ether imports to Russia, together accounting for X% of total imports. These countries were followed by Romania, China, Qatar, the U.S., Belgium and South Korea, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by South Korea (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest ether suppliers to Russia were Germany ($X), China ($X) and the Netherlands ($X), with a combined X% share of total imports. These countries were followed by Belgium, the U.S., Qatar, Romania, Kazakhstan and South Korea, which together accounted for a further X (+X% per year) recorded the highest growth rate of market size, among the main suppliers over the period under review, while imports for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average ether import price stood at $X per tonne in 2018, increasing by X% against the previous year. Overall, the ether import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% year-to-year. The import price peaked at $X per tonne in 2008; however, from 2009 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was China ($X per tonne), while the price for Kazakhstan ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Romania (+X% per year), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform