Report Update Apr 1, 2024

Russian Federation - Industrial Tall Oil Fatty Acids - Market Analysis, Forecast, Size, Trends and Insights

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Russian Federation: Market for Industrial Tall Oil Fatty Acids 2024

Market Size for Industrial Tall Oil Fatty Acids in the Russian Federation

In 2022, the Russian tall oil fatty acids market decreased by X% to $X, falling for the eighth year in a row after three years of growth. Overall, consumption saw a abrupt descent. Tall oil fatty acids consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Exports of Industrial Tall Oil Fatty Acids

Exports from the Russian Federation

In 2022, approx. X tons of industrial tall oil fatty acids were exported from Russia; picking up by X% against the previous year's figure. Over the period under review, exports recorded a buoyant expansion. The pace of growth appeared the most rapid in 2016 when exports increased by X%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, tall oil fatty acids exports rose modestly to $X in 2022. Overall, exports posted a remarkable increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Kazakhstan (X tons) was the main destination for tall oil fatty acids exports from Russia, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Kazakhstan stood at X%.

In value terms, Kazakhstan ($X) also remains the key foreign market for industrial tall oil fatty acids exports from Russia.

From 2012 to 2022, the average annual rate of growth in terms of value to Kazakhstan stood at X%.

Export Prices by Country

The average tall oil fatty acids export price stood at $X per ton in 2022, shrinking by X% against the previous year. In general, the export price saw a abrupt decrease. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Kazakhstan.

From 2012 to 2022, the rate of growth in terms of prices for Belarus amounted to X% per year.

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Imports of Industrial Tall Oil Fatty Acids

Imports into the Russian Federation

In 2022, overseas purchases of industrial tall oil fatty acids decreased by X% to X tons, falling for the sixth consecutive year after five years of growth. Over the period under review, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, tall oil fatty acids imports declined remarkably to $X in 2022. In general, imports recorded a abrupt descent. 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

In 2022, Finland (X tons) was the main supplier of tall oil fatty acids to Russia, accounting for a X% share of total imports. It was followed by Germany (X tons), with less than X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Finland totaled X%.

In value terms, Finland ($X) constituted the largest supplier of industrial tall oil fatty acids to Russia, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Finland totaled X%.

Import Prices by Country

In 2022, the average tall oil fatty acids import price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Finland stood at $X per ton.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for industrial tall oil fatty acids in the world?

The countries with the highest volumes of consumption in 2023 were Sweden, Finland and the United States, with a combined 29% share of global consumption. The Netherlands, Italy, Australia, Germany, the UK, Belgium, Poland, Turkey, Mexico and Spain lagged somewhat behind, together accounting for a further 37%.

What are the largest producers of industrial tall oil fatty acids in the world?

The countries with the highest volumes of production in 2022 were the United States, Sweden and Finland, with a combined 76% share of global production. France, the Netherlands, Austria and Japan lagged somewhat behind, together comprising a further 17%.

What are the leading suppliers of industrial tall oil fatty acids to the Russian Federation?

In value terms, Finland constituted the largest supplier of industrial tall oil fatty acids to Russia, comprising 100% of total imports. The second position in the ranking was held by Germany, with a 0.1% share of total imports.

What are the leading importers of industrial tall oil fatty acids from the Russian Federation?

In value terms, Kazakhstan remains the key foreign market for industrial tall oil fatty acids exports from Russia.

What is the average export price for industrial tall oil fatty acids in the Russian Federation?

In 2022, the average tall oil fatty acids export price amounted to $1,042 per ton, with a decrease of -27.1% against the previous year.

What is the average import price for industrial tall oil fatty acids in the Russian Federation?

In 2022, the average tall oil fatty acids import price amounted to $2,261 per ton, increasing by 36% against the previous year.

This report provides an in-depth analysis of the market for tall oil fatty acids 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 20143150 - Industrial tall oil fatty acids

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