CIS: Market for Salts of Inorganic Acids or Peroxoacids (Excluding Azides and Double or Complex Silicates) 2024

Market Size for Salts of Inorganic Acids or Peroxoacids (Excluding Azides and Double or Complex Silicates) in CIS

The CIS market for salts of inorganic acids or peroxoacids (excluding azides and double or complex silicates) fell slightly to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption showed a pronounced contraction. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Production of Salts of Inorganic Acids or Peroxoacids (Excluding Azides and Double or Complex Silicates) in CIS

In value terms, production of salts of inorganic acids or peroxoacids (excluding azides and double or complex silicates) fell to $X in 2022 estimated in export price. In general, production showed a pronounced contraction. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, production of attained the peak level at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Exports of Salts of Inorganic Acids or Peroxoacids (Excluding Azides and Double or Complex Silicates)

Exports in CIS

After two years of growth, overseas shipments of salts of inorganic acids or peroxoacids (excluding azides and double or complex silicates) decreased by X% to X tons in 2022. Over the period under review, exports faced a abrupt contraction. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, exports of salts of inorganic acids or peroxoacids (excluding azides and double or complex silicates) dropped rapidly to $X in 2022. Overall, exports faced a abrupt descent. The pace of growth was the most pronounced in 2016 when exports increased by X%. Over the period under review, the exports of reached the maximum at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Russia dominates silicates) structure, accounting for X tons, which was near X% of total exports in 2022. Kyrgyzstan (X tons) took a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to salts of inorganic acids or peroxoacids exports from Russia stood at X%. Kyrgyzstan experienced a relatively flat trend pattern. From 2012 to 2022, the share of Kyrgyzstan increased by X percentage points.

In value terms, Russia ($X) remains the largest salts of inorganic acids or peroxoacids supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Kyrgyzstan ($X), with a X% share of total exports.

In Russia, exports of salts of inorganic acids or peroxoacids (excluding azides and double or complex silicates) decreased by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, falling by X% against the previous year. Overall, the export price saw a mild descent. The growth pace was the most rapid in 2015 when the export price increased by X%. The level of export peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per ton), while Russia totaled $X per ton.

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

Imports of Salts of Inorganic Acids or Peroxoacids (Excluding Azides and Double or Complex Silicates)

Imports in CIS

Imports of salts of inorganic acids or peroxoacids (excluding azides and double or complex silicates) shrank markedly to X tons in 2022, which is down by X% on the previous year. Overall, imports recorded a mild slump. The pace of growth was the most pronounced in 2016 when imports increased by X%. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, imports of salts of inorganic acids or peroxoacids (excluding azides and double or complex silicates) declined sharply to $X in 2022. In general, imports saw a pronounced slump. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

In 2022, Russia (X tons) was the key importer of salts of inorganic acids or peroxoacids (excluding azides and double or complex silicates), achieving X% of total imports. Belarus (X tons) ranks second in terms of the total imports with a X% share, followed by Uzbekistan (X%) and Kazakhstan (X%).

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

In value terms, Russia ($X) constitutes the largest market for imported salts of inorganic acids or peroxoacids (excluding azides and double or complex silicates) in the CIS, comprising X% of total imports. The second position in the ranking was held by Belarus ($X), with an X% share of total imports. It was followed by Kazakhstan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia stood at X%. In the other countries, the average annual rates were as follows: Belarus (X% per year) and Kazakhstan (X% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the import price, however, saw a noticeable decrease. The most prominent rate of growth was recorded in 2020 when the import price increased by X%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 ($X per ton), while Belarus ($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 a decline in the import price figures.

Source: IndexBox Platform

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