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Belarus - Resinoids - Market Analysis, Forecast, Size, Trends And Insights
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View PricingResinoids Price in Belarus - 2022
Contents:
- Resinoids Price in Belarus (CIF) - 2022
- Resinoids Price in Belarus (FOB) - 2022
- Resinoids Imports in Belarus
- Resinoids Exports in Belarus
Resinoids Price in Belarus (CIF) - 2022
The average resinoids import price stood at $12,446 per ton in 2022, jumping by 17% against the previous year. In general, the import price, however, saw a abrupt downturn. The growth pace was the most rapid in 2015 an increase of 32% against the previous year. The import price peaked at $27,232 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, 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 -3.8% per year.
Resinoids Price in Belarus (FOB) - 2022
In 2022, the average resinoids export price amounted to $3,191 per ton, increasing by 21% against the previous year. Overall, the export price, however, saw a perceptible decline. The most prominent rate of growth was recorded in 2014 when the average export price increased by 54%. As a result, the export price attained the peak level of $8,935 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($3,200 per ton), while the average price for exports to Russia amounted to $3,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+1.8%).
Resinoids Imports in Belarus
In 2022, after three years of growth, there was significant decline in overseas purchases of resinoids, when their volume decreased by -30% to 749 kg. In general, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 150%. As a result, imports attained the peak of 1.1 tons, and then dropped rapidly in the following year.
In value terms, resinoids imports fell significantly to $9.3K in 2022. Overall, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 78% against the previous year.
Import of Resinoids in Belarus (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 2.2 | 6.5 | 8.6 | 9.0 | 59.9% |
China | 0.1 | N/A | N/A | N/A | 0% |
Lithuania | N/A | N/A | 2.2 | N/A | 0% |
Others | 1.7 | 0.8 | 0.6 | 0.4 | -38.3% |
Total | 4.1 | 7.2 | 11.4 | 9.3 | 31.4% |
Top Suppliers of Resinoids to Belarus in 2022:
- Russia (743.0 kg)
Resinoids Exports in Belarus
After three years of growth, overseas shipments of resinoids decreased by -17.5% to 94 kg in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +16.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.7% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 55% against the previous year.
In value terms, resinoids exports stood at $300 in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.5% 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 +50.0% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 50% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.
Export of Resinoids in Belarus (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Kazakhstan | 100 | 169 | 220 | 288 | 42.3% |
Russia | 100 | 131 | 80.0 | 12.0 | -50.7% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 200 | 300 | 300 | 300 | 14.5% |
Top Export Markets for Resinoids from Belarus in 2022:
- Kazakhstan (90.0 kg)
- Russia (4.0 kg)
This report provides an in-depth analysis of the resinoids 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 20531030 - Resinoids
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
This report provides an in-depth analysis of the resinoids market in Belarus.
This report provides an in-depth analysis of the essential oils market in Belarus.
This report provides an in-depth analysis of the global resinoids market.
This report provides an in-depth analysis of the global essential oils market.
This report provides an in-depth analysis of the resinoids market in Belarus.
This report provides an in-depth analysis of the essential oils market in Belarus.
This report provides an in-depth analysis of the global resinoids market.
This report provides an in-depth analysis of the global essential oils market.
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