Russian Federation - Polymethyl Methacrylate In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPolymethyl Methacrylate Price in Russia - 2022
Contents:
- Polymethyl Methacrylate Price in Russia (CIF) - 2022
- Polymethyl Methacrylate Price in Russia (FOB) - 2022
- Polymethyl Methacrylate Imports in Russia
- Polymethyl Methacrylate Exports in Russia
Polymethyl Methacrylate Price in Russia (CIF) - 2022
In January 2022, the average polymethyl methacrylate import price amounted to $2,318 per ton, dropping by -15.8% against the previous month. Over the period under review, the import price saw a slight contraction. The growth pace was the most rapid in September 2021 when the average import price increased by 23% month-to-month. As a result, import price attained the peak level of $3,135 per ton. From October 2021 to January 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2022, the country with the highest price was Italy ($4,113 per ton), while the price for Germany ($2,010 per ton) was amongst the lowest.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Polymethyl Methacrylate Price in Russia (FOB) - 2022
The average polymethyl methacrylate export price stood at $2,558 per ton in 2022, rising by 11% against the previous year. In general, the export price, however, continues to indicate a pronounced setback. The most prominent rate of growth was recorded in 2019 when the average export price increased by 20% against the previous year. As a result, the export price attained the peak level of $3,876 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Mongolia ($8,932 per ton), while the average price for exports to China ($2,034 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 Mongolia (-0.7%), while the prices for the other major destinations experienced a decline.
Polymethyl Methacrylate Imports in Russia
In 2022, polymethyl methacrylate imports into Russia rose to 12K tons, growing by 1.9% against the previous year's figure. Over the period under review, imports recorded significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 235% against the previous year. As a result, imports attained the peak of 12K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, polymethyl methacrylate imports declined to $29M in 2022. Overall, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 142% against the previous year.
Import of Polymethyl Methacrylate in Russia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 5.1 | 11.7 | 12.4 | 13.1 | 37.0% |
Saudi Arabia | 0.6 | 1.6 | 5.0 | 9.1 | 147.5% |
South Korea | 1.1 | 2.7 | 2.1 | 2.4 | 29.7% |
Italy | 0.8 | 1.4 | 1.4 | 0.8 | 0.0% |
Singapore | 1.1 | 2.8 | 2.8 | 0.8 | -10.1% |
Malaysia | N/A | 0.1 | 0.7 | 0.5 | 123.6% |
Others | 2.2 | 5.8 | 6.8 | 1.9 | -4.8% |
Total | 10.8 | 26.2 | 31.1 | 28.6 | 38.4% |
Top Suppliers of Polymethyl Methacrylate to Russia in 2022:
- Germany (6.4K tons)
- Saudi Arabia (4.2K tons)
- South Korea (0.7K tons)
- Singapore (0.3K tons)
- Italy (0.2K tons)
- Malaysia (0.2K tons)
Polymethyl Methacrylate Exports in Russia
In 2022, after three years of growth, there was significant decline in shipments abroad of polymethyl methacrylate in primary forms, when their volume decreased by -9.7% to 291 tons. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +17.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 46% against the previous year.
In value terms, polymethyl methacrylate exports reached $745K in 2022. The total export value increased at an average annual rate of +2.4% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 8.1% against the previous year. As a result, the exports attained the peak of $749K. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Polymethyl Methacrylate in Russia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belarus | 394 | 232 | 392 | 594 | 14.7% |
Mongolia | N/A | N/A | N/A | 72.0 | 0% |
China | N/A | 3.2 | 0.9 | 9.2 | 69.6% |
Malaysia | N/A | N/A | 29.5 | N/A | 0% |
Uzbekistan | 167 | 373 | 223 | N/A | 15.6% |
Singapore | N/A | N/A | 6.9 | N/A | 0% |
Kyrgyzstan | 47.4 | 44.9 | 0.1 | N/A | -95.4% |
Others | 84.6 | 96.7 | 88.3 | 69.8 | -6.2% |
Total | 693 | 749 | 740 | 745 | 2.4% |
Top Export Markets for Polymethyl Methacrylate from Russia in 2022:
- Belarus (273.5 tons)
- Mongolia (8.1 tons)
- China (4.5 tons)
This report provides an in-depth analysis of the polymethyl methacrylate 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 20165350 - Polymethyl methacrylate, in primary forms
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
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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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