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Belarus - Adipic Acid, Its Salts And Esters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAdipic Acid Price in Belarus - 2022
Contents:
- Adipic Acid Price in Belarus (CIF) - 2022
- Adipic Acid Price in Belarus (FOB) - 2022
- Adipic Acid Imports in Belarus
- Adipic Acid Exports in Belarus
Adipic Acid Price in Belarus (CIF) - 2022
The average adipic acid import price stood at $2,457 per ton in 2022, waning by -2.9% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 67%. Over the period under review, average import prices hit record highs at $2,568 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($6,151 per ton), while the price for Russia ($1,545 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+2.9%), while the prices for the other major suppliers experienced a decline.
Adipic Acid Price in Belarus (FOB) - 2022
In 2022, the average adipic acid export price amounted to $3,148 per ton, flattening at the previous year. In general, the export price recorded a slight increase. The most prominent rate of growth was recorded in 2017 an increase of 60% against the previous year. Over the period under review, the average export prices reached the maximum at $5,805 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +8.0% per year.
Adipic Acid Imports in Belarus
In 2022, the amount of adipic acid, its salts and esters imported into Belarus skyrocketed to 119 tons, picking up by 40% against the previous year. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +17.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.6% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, adipic acid imports skyrocketed to $293K in 2022. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 42%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
Import of Adipic Acid in Belarus (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 71.5 | 33.6 | 107 | 73.2 | 0.8% |
Turkey | N/A | N/A | N/A | 59.0 | 0% |
Russia | 47.4 | 101 | 81.6 | 40.2 | -5.3% |
France | 15.4 | 7.7 | 9.9 | 5.2 | -30.4% |
Others | 7.7 | 10.2 | 18.0 | 116 | 147.0% |
Total | 142 | 152 | 216 | 293 | 27.3% |
Top Suppliers of Adipic Acid to Belarus in 2022:
- Turkey (32.4 tons)
- Poland (32.0 tons)
- Russia (26.0 tons)
- France (0.8 tons)
Adipic Acid Exports in Belarus
In 2022, shipments abroad of adipic acid, its salts and esters decreased by -20% to 1.7 tons, falling for the second year in a row after two years of growth. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +7.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -36.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 92% against the previous year. As a result, the exports attained the peak of 2.7 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, adipic acid exports reduced markedly to $5.4K in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +5.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -36.0% against 2020 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 86% against the previous year. As a result, the exports reached the peak of $8.5K. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Adipic Acid in Belarus (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 525 | 420 | 336 | 378 | -10.4% |
Others | 4,053 | 8,080 | 6,464 | 5,062 | 7.7% |
Total | 4,578 | 8,500 | 6,800 | 5,440 | 5.9% |
Top Export Markets for Adipic Acid from Belarus in 2022:
- Russia (66.0 kg)
This report provides an in-depth analysis of the adipic acid market in Belarus. 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 20143385 - Adipic acid, its salts and esters
Country coverage:
- Belarus
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belarus
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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