CIS: Halogenated Hydrocarbon Derivative Market 2024

Halogenated Hydrocarbon Derivative Market Size in CIS

The CIS halogenated hydrocarbon derivative market reduced modestly to $X in 2023, remaining stable against the previous year. Over the period under review, consumption, however, saw prominent growth. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2023, consumption failed to regain momentum.

Halogenated Hydrocarbon Derivative Production in CIS

In value terms, halogenated hydrocarbon derivative production shrank slightly to $X in 2023 estimated in export price. Overall, production, however, enjoyed a resilient increase. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2023, production stood at a somewhat lower figure.

Halogenated Hydrocarbon Derivative Exports

Exports in CIS

In 2023, overseas shipments of halogenated derivatives of hydrocarbons decreased by X% to X tons, falling for the third consecutive year after two years of growth. Overall, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

In value terms, halogenated hydrocarbon derivative exports dropped slightly to $X in 2023. Over the period under review, exports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2022, and then dropped in the following year.

Exports by Country

The biggest shipments were from Russia (X tons), together accounting for X% of total export.

Russia was also the fastest-growing in terms of the halogenated derivatives of hydrocarbons exports, with a CAGR of X% from 2012 to 2023. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) also remains the largest halogenated hydrocarbon derivative supplier in the CIS.

From 2012 to 2023, the average annual rate of growth in terms of value in Russia totaled X%.

Export Prices by Country

In 2023, the export price in the CIS amounted to $X per ton, jumping by X% against the previous year. Overall, the export price recorded a significant increase. The pace of growth was the most pronounced in 2015 when the export price increased by X%. Over the period under review, the export prices hit record highs in 2023 and is likely to see gradual growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2023, the rate of growth in terms of prices for Russia amounted to X% per year.

Halogenated Hydrocarbon Derivative Imports

Imports in CIS

In 2023, supplies from abroad of halogenated derivatives of hydrocarbons increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. The volume of import peaked at X tons in 2019; however, from 2020 to 2023, imports stood at a somewhat lower figure.

In value terms, halogenated hydrocarbon derivative imports fell to $X in 2023. Total imports indicated a noticeable expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2022, and then shrank in the following year.

Imports by Country

Russia dominates imports structure, resulting at X tons, which was near X% of total imports in 2023. It was distantly followed by Uzbekistan (X tons) and Kazakhstan (X tons), together achieving a X% share of total imports. Belarus (X tons) and Azerbaijan (X tons) followed a long way behind the leaders.

Russia experienced a relatively flat trend pattern with regard to volume of imports of halogenated derivatives of hydrocarbons. At the same time, Uzbekistan (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 2012-2023. By contrast, Azerbaijan (X%) and Belarus (X%) illustrated a downward trend over the same period. While the share of Uzbekistan (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Azerbaijan (X p.p.), Russia (X p.p.) and Belarus (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported halogenated derivatives of hydrocarbons in the CIS, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total imports. It was followed by Uzbekistan, with a X% share.

In Russia, halogenated hydrocarbon derivative imports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Kazakhstan (X% per year) and Uzbekistan (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2023, declining by X% against the previous year. Import price indicated modest growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, halogenated hydrocarbon derivative import price increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when the import price increased by X%. Over the period under review, import prices attained the maximum at $X per ton in 2022, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Azerbaijan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform