Belarus - Esters Of Methacrylic Acid - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMethacrylic Acid Esters Price in Belarus - 2022
Contents:
- Methacrylic Acid Esters Price in Belarus (CIF) - 2022
- Methacrylic Acid Esters Price in Belarus (FOB) - 2022
- Methacrylic Acid Esters Imports in Belarus
- Methacrylic Acid Esters Exports in Belarus
Methacrylic Acid Esters Price in Belarus (CIF) - 2022
The average methacrylic acid esters import price stood at $3,395 per ton in April 2021, increasing by 20% against the previous month. In general, import price indicated a significant increase from February 2021 to April 2021: its price increased at an average monthly rate of +21.5% over the last two-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2021 figures, methacrylic acid esters import price increased by +47.7% against February 2021 indices. The pace of growth appeared the most rapid in March 2021 an increase of 24% month-to-month. Over the period under review, average import prices hit record highs in April 2021.
As there is only one major supplying country, the average price level is determined by prices for Russia.
From February 2021 to April 2021, the rate of growth in terms of prices for Russia amounted to +18.2% per month.
Methacrylic Acid Esters Price in Belarus (FOB) - 2022
The average methacrylic acid esters export price stood at $2,899 per ton in 2022, waning by -4.4% against the previous year. In general, the export price saw a deep downturn. The growth pace was the most rapid in 2013 when the average export price increased by 98% against the previous year. Over the period under review, the average export prices attained the maximum at $22,941 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, 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 -12.6% per year.
Methacrylic Acid Esters Imports in Belarus
In 2022, supplies from abroad of esters of methacrylic acid decreased by -1% to 1.6 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed modest growth. The growth pace was the most rapid in 2020 with an increase of 3% against the previous year.
In value terms, methacrylic acid esters imports shrank to $23K in 2022. The total import value increased at an average annual rate of +6.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 13% against the previous year. As a result, imports reached the peak of $25K, and then dropped in the following year.
| Import of Methacrylic Acid Esters in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.5 | 7.9 | 10.5 | 10.6 | 12.2% |
| Japan | 2.5 | 8.0 | 7.7 | 7.8 | 46.1% |
| Russia | 6.8 | 3.0 | 2.6 | 2.5 | -28.4% |
| Netherlands | 1.0 | 1.0 | 0.9 | 0.9 | -3.5% |
| Poland | 1.2 | 0.6 | 2.5 | 0.5 | -25.3% |
| Others | 0.1 | 1.2 | 0.3 | 0.8 | 100.0% |
| Total | 19.2 | 21.7 | 24.5 | 23.1 | 6.4% |
Top Suppliers of Methacrylic Acid Esters to Belarus in 2022:
- United States (641.0 kg)
- Japan (608.0 kg)
- Russia (249.0 kg)
- Poland (25.0 kg)
- Netherlands (23.0 kg)
Methacrylic Acid Esters Exports in Belarus
In 2022, overseas shipments of esters of methacrylic acid decreased by -2.7% to 178 kg for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +3.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 6.4%. As a result, the exports reached the peak of 183 kg, and then shrank slightly in the following year.
In value terms, methacrylic acid esters exports contracted to $516 in 2022. The total export value increased at an average annual rate of +8.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 20% against the previous year.
| Export of Methacrylic Acid Esters in Belarus (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 400 | 478 | 555 | 516 | 8.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 400 | 478 | 555 | 516 | 8.9% |
Top Export Markets for Methacrylic Acid Esters from Belarus in 2022:
- Russia (178.0 kg)
This report provides an in-depth analysis of the methacrylic acid esters 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 20143340 - Esters of methacrylic acid
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
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