Report Update Apr 1, 2024

Russian Federation - Ethylene - Market Analysis, Forecast, Size, Trends and Insights

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Russian Federation: Ethylene Market 2024

Ethylene Market Size in the Russian Federation

The Russian ethylene market shrank to $X in 2021, declining by -8.6% against the previous year. The market value increased at an average annual rate of +1.4% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X, and then reduced in the following year.

Ethylene Production in the Russian Federation

In value terms, ethylene production fell slightly to $X in 2021 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 21%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Ethylene Exports

Exports from the Russian Federation

In 2021, the amount of ethylene exported from Russia fell rapidly to X kg, shrinking by -16.8% on 2020. Overall, exports recorded a precipitous descent. The most prominent rate of growth was recorded in 2013 with an increase of 188% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, ethylene exports rose markedly to $X in 2021. Over the period under review, exports showed a abrupt curtailment. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Belarus (X kg) was the main destination for ethylene exports from Russia, with a 93% share of total exports. Moreover, ethylene exports to Belarus exceeded the volume sent to the second major destination, Kazakhstan (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Belarus stood at -18.1%.

In value terms, Belarus ($X) remains the key foreign market for ethylene exports from Russia, comprising 96% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a 4.3% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Belarus stood at +21.3%.

Export Prices by Country

In 2021, the average ethylene export price amounted to $X per ton, increasing by 30% against the previous year. Over the period under review, the export price enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 an increase of 1,821%. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+48.1%), while the prices for the other major destinations experienced more modest paces of growth.

Ethylene Imports

Imports into the Russian Federation

Ethylene imports into Russia contracted dramatically to X tons in 2021, shrinking by -44.5% against the year before. In general, imports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2017 when imports increased by 256% against the previous year. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, ethylene imports declined markedly to $X in 2021. Overall, imports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2017 when imports increased by 343%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the Czech Republic (X tons) constituted the largest ethylene supplier to Russia, accounting for a 74% share of total imports. Moreover, ethylene imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Belarus (X tons), threefold.

From 2012 to 2021, the average annual growth rate of volume from the Czech Republic totaled +20.9%.

In value terms, the Czech Republic ($X) constituted the largest supplier of ethylene to Russia, comprising 72% of total imports. The second position in the ranking was taken by Belarus ($X), with a 25% share of total imports.

From 2012 to 2021, the average annual growth rate of value from the Czech Republic totaled +15.9%.

Import Prices by Country

The average ethylene import price stood at $X per ton in 2021, rising by 3.8% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 25% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Belarus ($X per ton), while the price for the Czech Republic totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (-2.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ethylene in the world?

The countries with the highest volumes of consumption in 2021 were China, the United States and India, together accounting for 37% of global consumption. Japan, Indonesia, Brazil, Pakistan, Russia, Nigeria, the UK, Qatar, Germany and Mexico lagged somewhat behind, together comprising a further 27%.

What are the largest producers of ethylene in the world?

The countries with the highest volumes of production in 2021 were China, the United States and India, with a combined 36% share of global production. These countries were followed by Japan, Brazil, Pakistan, the UK, Russia, Nigeria, Indonesia, Qatar, Mexico and Germany, which together accounted for a further 27%.

What are the leading suppliers of ethylene to the Russian Federation?

In value terms, the Czech Republic constituted the largest supplier of ethylene to Russia, comprising 72% of total imports. The second position in the ranking was taken by Belarus, with a 25% share of total imports.

What are the leading importers of ethylene from the Russian Federation?

In value terms, Belarus remains the key foreign market for ethylene exports from Russia, comprising 96% of total exports. The second position in the ranking was taken by Kazakhstan $326), with a 4.3% share of total exports.

What is the average export price for ethylene in the Russian Federation?

In 2021, the average ethylene export price amounted to $10,905 per ton, rising by 30% against the previous year.

What is the average import price for ethylene in the Russian Federation?

In 2021, the average ethylene import price amounted to $1,983 per ton, increasing by 3.8% against the previous year.

This report provides an in-depth analysis of the ethylene market in the Russian Federation. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20141130 - Ethylene

Country coverage:

Russia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Russian Federation
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023