CIS: Phosphinates And Phosphonates Market 2024

Phosphinates And Phosphonates Market Size in CIS

For the third year in a row, the CIS phosphinates and phosphonates market recorded growth in sales value, which increased by X% to $X in 2022. Over the period under review, consumption continues to indicate perceptible growth. The level of consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Phosphinates And Phosphonates Production in CIS

In value terms, phosphinates and phosphonates production reduced to $X in 2022 estimated in export price. In general, production saw a mild shrinkage. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Phosphinates And Phosphonates Exports

Exports in CIS

In 2022, overseas shipments of phosphinates (hypophosphites) and phosphonates (phosphites) were finally on the rise to reach X tons after two years of decline. In general, exports, however, continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2016 with an increase of X%. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, phosphinates and phosphonates exports totaled $X in 2022. Overall, exports, however, saw a abrupt descent. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

The biggest shipments were from Russia (X tons) and Kazakhstan (X tons), together resulting at X% of total export.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Russia (with a CAGR of X%).

In value terms, Russia ($X) and Kazakhstan ($X) constituted the countries with the highest levels of exports in 2022.

Russia, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, almost unchanged from the previous year. Over the period under review, the export price, however, recorded a slight slump. The most prominent rate of growth was recorded in 2015 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while Kazakhstan stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%).

Phosphinates And Phosphonates Imports

Imports in CIS

In 2022, the amount of phosphinates (hypophosphites) and phosphonates (phosphites) imported in the CIS soared to X tons, growing by X% on the year before. Over the period under review, imports enjoyed a slight expansion. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, phosphinates and phosphonates imports surged to $X in 2022. In general, imports saw strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Russia prevails in imports structure, amounting to X tons, which was approx. X% of total imports in 2022. Uzbekistan (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Azerbaijan (X%). Kazakhstan (X tons) followed a long way behind the leaders.

Russia experienced a relatively flat trend pattern with regard to volume of imports of phosphinates (hypophosphites) and phosphonates (phosphites). At the same time, Uzbekistan (X%), Azerbaijan (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. Uzbekistan (X p.p.), Azerbaijan (X p.p.) and Kazakhstan (X p.p.) significantly strengthened its position in terms of the total imports, while Russia saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Russia ($X) constitutes the largest market for imported phosphinates (hypophosphites) and phosphonates (phosphites) in the CIS, comprising X% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a X% share of total imports. It was followed by Azerbaijan, with a X% share.

In Russia, phosphinates and phosphonates imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (X% per year) and Azerbaijan (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, surging by X% against the previous year. Overall, the import price recorded buoyant growth. The most prominent rate of growth was recorded in 2019 when the import price increased by X%. Over the period under review, import prices hit record highs in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per ton), while Azerbaijan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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