Belarus: Polyvinyl Chloride Market 2024

Polyvinyl Chloride Market Size in Belarus

In 2022, the Belarusian polyvinyl chloride market decreased by X% to $X for the first time since 2016, thus ending a five-year rising trend. Over the period under review, the total consumption indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2016 indices. As a result, consumption attained the peak level of $X, and then shrank in the following year.

Polyvinyl Chloride Production in Belarus

In value terms, polyvinyl chloride production dropped to $X in 2022 estimated in export price. In general, production, however, showed a prominent increase. The pace of growth appeared the most rapid in 2015 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

Polyvinyl Chloride Exports

Exports from Belarus

In 2022, overseas shipments of polyvinyl chloride increased by X% to X tons, rising for the fifth year in a row after two years of decline. In general, exports saw a prominent expansion. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, polyvinyl chloride exports skyrocketed to $X in 2022. Overall, exports enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Russia (X tons), Uzbekistan (X tons) and Poland (X tons) were the main destinations of polyvinyl chloride exports from Belarus, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Uzbekistan ($X), Russia ($X) and Poland ($X) were the largest markets for polyvinyl chloride exported from Belarus worldwide, with a combined X% share of total exports.

Uzbekistan, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average polyvinyl chloride export price amounted to $X per ton, declining by X% against the previous year. In general, the export price, however, continues to indicate temperate growth. The growth pace was the most rapid in 2017 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while the average price for exports to Ukraine ($X 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 Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Polyvinyl Chloride Imports

Imports into Belarus

After six years of growth, purchases abroad of polyvinyl chloride decreased by X% to X tons in 2022. In general, total imports indicated mild growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by X%. Imports peaked at X tons in 2021, and then dropped remarkably in the following year.

In value terms, polyvinyl chloride imports expanded remarkably to $X in 2022. Overall, imports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Russia (X tons) constituted the largest polyvinyl chloride supplier to Belarus, with a X% share of total imports. Moreover, polyvinyl chloride imports from Russia exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold. The third position in this ranking was taken by Poland (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Poland (X% per year).

In value terms, Russia ($X) constituted the largest supplier of polyvinyl chloride to Belarus, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Russia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Poland (X% per year).

Import Prices by Country

The average polyvinyl chloride import price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, polyvinyl chloride import price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :