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Russian Federation - Amino Resins - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAmino Resin Price in Russia - 2022
Contents:
- Amino Resin Price in Russia (CIF) - 2022
- Amino Resin Price in Russia (FOB) - 2022
- Amino Resin Imports in Russia
- Amino Resin Exports in Russia
Amino Resin Price in Russia (CIF) - 2022
The average amino resin import price stood at $2,716 per ton in January 2022, rising by 3.1% against the previous month. Over the last twelve months, it increased at an average monthly rate of +3.5%. The pace of growth was the most pronounced in April 2021 when the average import price increased by 15% month-to-month. Over the period under review, average import prices attained the peak figure at $2,738 per ton in October 2021; afterwards, it flattened through to January 2022.
Average prices varied somewhat amongst the major supplying countries. In January 2022, the highest price was recorded for prices from South Korea ($3,115 per ton) and Belgium ($3,079 per ton), while the price for the Netherlands ($2,207 per ton) and Portugal ($2,567 per ton) were amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Portugal (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Amino Resin Price in Russia (FOB) - 2022
The average amino resin export price stood at $3,060 per ton in January 2022, reducing by -1.9% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.6%. The most prominent rate of growth was recorded in April 2021 when the average export price increased by 13% against the previous month. The export price peaked at $3,197 per ton in October 2021; however, from November 2021 to January 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major overseas markets. In January 2022, the countries with the highest prices were Belarus ($3,180 per ton) and Uzbekistan ($3,134 per ton), while the average price for exports to Kazakhstan ($2,374 per ton) and Azerbaijan ($3,063 per ton) were amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.
Amino Resin Imports in Russia
For the fourth year in a row, Russia recorded growth in purchases abroad of amino resins, which increased by 26% to 272K tons in 2022. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +21.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 36% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, amino resin imports rose markedly to $512M in 2022. Over the period under review, imports saw significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 108%. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Amino Resin in Russia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 44.2 | 46.8 | 121 | 130 | 43.3% |
Germany | 28.7 | 31.3 | 52.5 | 111 | 57.0% |
Netherlands | 60.6 | 51.5 | 87.9 | 86.2 | 12.5% |
Saudi Arabia | 52.1 | 49.8 | 102 | 69.4 | 10.0% |
Belgium | 24.6 | 22.5 | 57.1 | 63.8 | 37.4% |
Portugal | 0.2 | 4.5 | 10.1 | 16.9 | 338.8% |
South Korea | 5.9 | 3.0 | 10.9 | 14.3 | 34.3% |
Hungary | 13.2 | 7.6 | 11.3 | 11.8 | -3.7% |
Others | 8.4 | 7.4 | 14.4 | 9.0 | 2.3% |
Total | 238 | 224 | 467 | 512 | 29.1% |
Top Suppliers of Amino Resin to Russia in 2022:
- China (62.7K tons)
- Germany (58.9K tons)
- Netherlands (56.3K tons)
- Saudi Arabia (38.6K tons)
- Belgium (29.9K tons)
- Portugal (9.5K tons)
- South Korea (6.6K tons)
- Hungary (5.7K tons)
Amino Resin Exports in Russia
Amino resin exports from Russia shrank to 7.2K tons in 2022, falling by -9.7% against 2021 figures. The total export volume increased at an average annual rate of +1.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 18%. As a result, the exports attained the peak of 8K tons, and then declined in the following year.
In value terms, amino resin exports reduced sharply to $13M in 2022. Over the period under review, exports showed a perceptible contraction. The growth pace was the most rapid in 2021 when exports increased by 92%. As a result, the exports reached the peak of $24M, and then shrank dramatically in the following year.
Export of Amino Resin in Russia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belarus | 5.2 | 5.6 | 10.5 | 6.9 | 9.9% |
Uzbekistan | 4.2 | 3.4 | 4.7 | 4.1 | -0.8% |
Kazakhstan | 3.3 | 2.4 | 3.2 | 1.4 | -24.9% |
Azerbaijan | 0.2 | 0.2 | 0.2 | 0.4 | 26.0% |
Georgia | 0.3 | 0.2 | 0.6 | N/A | 41.4% |
Others | 1.1 | 0.7 | 4.5 | 0.2 | -43.3% |
Total | 14.4 | 12.3 | 23.7 | 13.0 | -3.4% |
Top Export Markets for Amino Resin from Russia in 2022:
- Belarus (4.0K tons)
- Uzbekistan (2.4K tons)
- Kazakhstan (0.5K tons)
- Azerbaijan (0.3K tons)
This report provides an in-depth analysis of the amino resin 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 20165630 - Amino resins, in primary forms (excluding urea and thiourea resins, melamine resins)
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.
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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
-
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
This report provides an in-depth analysis of the amino resin market in the Russian Federation.
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This report provides an in-depth analysis of the global amino resin market.
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Explore the world's top import markets for amino resin in 2023 and discover key statistics and insights. From the Netherlands to India, these countries drive global demand for this essential material.
The global amino resin market revenue amounted to $68.1B in 2018, rising by 6.6% against the previous year. This...
In 2016, approx. X tons of amino resin were imported worldwide- jumping by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to X>
In 2016, approx. X tons of amino resin were imported worldwide- jumping by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to X>
The global trade in amino-resins, phenolic resins and polyurethanes (in primary forms) amounted to X million USD in 2015, fluctuating perceptibly over the period under review. A notable drop in 2009 was followed by recovery over the next five year
Germany dominates in the global trade of amino-resins, phenolic resins and polyurethanes. In 2014, Germany exported X million tons of amino-resins, phenolic resins and polyurethanes totaling X billion USD, X% over the previous year. Its primar
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Explore the top import markets for polyurethanes in 2023. Discover key countries driving the global demand for polyurethane products.
Global polyurethane trade reached $7.8B in 2021, returning to the pre-pandemic level. China, Germany and Vietnam comprise 22% of total purchases. The average polyurethane import price soared 9.2% to $3,864 per ton in 2021.
Global exports of polyurethanes in primary forms dropped from $7B in 2019 to $6.3B in 2020. Germany, China, Italy and the U.S. constitute the largest polyurethane exporters worldwide, providing more than half of the total shipments. In 2020, all the key supplying countries experienced a reduction in polyurethane exports. The average polyurethane export price fell by -2.3% against the previous year. China, Vietnam and Germany remain the leading importers of polyurethane in primary forms.