Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Russia - 2022

Contents:

1. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Russia (CIF) - 2022
2. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Russia (FOB) - 2022
3. Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Russia
4. Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Russia

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Russia (CIF) - 2022

In 2022, the average import price for polymers, natural; alginic acid, its salts and esters, in primary formses amounted to $11,796 per ton, jumping by 38% 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.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lithuania ($17,855 per ton), while the price for the Netherlands ($2,652 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+23.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Russia (FOB) - 2022

In 2022, the average export price for polymers, natural; alginic acid, its salts and esters, in primary formses amounted to $12,390 per ton, shrinking by -4% against the previous year. In general, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for polymers, natural; alginic acid, its salts and esters, in primary formses increased by +70.7% against 2018 indices. The pace of growth appeared the most rapid in 2019 an increase of 46%. Over the period under review, the average export prices reached the peak figure at $12,966 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($14,205 per ton), while the average price for exports to Georgia ($6,086 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 Uzbekistan (+46.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Russia

In 2022, imports of polymers, natural; alginic acid, its salts and esters, in primary formses into Russia skyrocketed to 365 tons, rising by 32% against 2021 figures. Over the period under review, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 83%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, imports of polymers, natural; alginic acid, its salts and esters, in primary formses soared to $4.3M in 2022. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 121% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Top Suppliers of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms to Russia in 2022:

1. Germany (89.0 tons)
2. Poland (67.5 tons)
3. Turkey (59.3 tons)
4. Lithuania (35.1 tons)
5. Belgium (30.9 tons)
6. Netherlands (22.9 tons)
7. Spain (22.6 tons)
8. India (12.6 tons)
9. France (9.9 tons)

Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Russia

After three years of growth, shipments abroad of polymers, natural; alginic acid, its salts and esters, in primary formses decreased by -17.6% to 20 tons in 2022. Overall, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 64%.

In value terms, exports of polymers, natural; alginic acid, its salts and esters, in primary formses fell remarkably to $248K in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 79% against the previous year.

Top Export Markets for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms from Russia in 2022:

1. Kazakhstan (13.9 tons)
2. Georgia (4.3 tons)
3. Uzbekistan (1.5 tons)

Source: IndexBox Market Intelligence Platform