Russian Federation: Organo-Inorganic Compounds Market 2024

Organo-Inorganic Compounds Market Size in the Russian Federation

For the third year in a row, the Russian organo-inorganic compounds market recorded growth in sales value, which increased by X% to $X in 2022. Over the period under review, the total consumption indicated a notable expansion 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, consumption increased by X% against 2019 indices. Organo-inorganic compounds consumption peaked in 2022 and is expected to retain growth in years to come.

Organo-Inorganic Compounds Production in the Russian Federation

In value terms, organo-inorganic compounds production stood at $X in 2022 estimated in export price. In general, production continues to indicate a abrupt contraction. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Organo-Inorganic Compounds Exports

Exports from the Russian Federation

In 2022, the amount of organo-inorganic compounds (excluding organo-sulphur compounds) exported from Russia surged to X tons, picking up by X% against the previous year. Overall, exports showed buoyant growth. The growth pace was the most rapid in 2021 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, organo-inorganic compounds exports reached $X in 2022. In general, exports recorded a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Belgium (X tons) was the main destination for organo-inorganic compounds exports from Russia, accounting for a X% share of total exports. Moreover, organo-inorganic compounds exports to Belgium exceeded the volume sent to the second major destination, Kazakhstan (X tons), fourfold. China (X tons) ranked third in terms of total exports with a X% share.

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

In value terms, Belgium ($X) emerged as the key foreign market for organo-inorganic compounds (excluding organo-sulphur compounds) exports from Russia, comprising X% of total exports. The second position in the ranking was held by Japan ($X), with a X% share of total exports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Belgium totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (X% per year) and China (X% per year).

Export Prices by Country

The average organo-inorganic compounds export price stood at $X per ton in 2022, declining by X% against the previous year. Over the period under review, the export price, however, posted a modest expansion. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Armenia ($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 Japan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Organo-Inorganic Compounds Imports

Imports into the Russian Federation

In 2022, purchases abroad of organo-inorganic compounds (excluding organo-sulphur compounds) decreased by X% to X tons for the first time since 2016, thus ending a five-year rising trend. Overall, imports, however, posted resilient growth. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2021, and then shrank remarkably in the following year.

In value terms, organo-inorganic compounds imports soared to $X in 2022. In general, imports, however, recorded a prominent increase. The growth pace was the most rapid in 2017 when imports increased by X%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

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

In value terms, China ($X) constituted the largest supplier of organo-inorganic compounds (excluding organo-sulphur compounds) to Russia, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by the UK, with a X% share.

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

Import Prices by Country

The average organo-inorganic compounds import price stood at $X per ton in 2022, rising by X% against the previous year. Overall, the import price continues to indicate a buoyant expansion. As a result, import price attained 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 the Netherlands ($X per ton), while the price for India ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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