Overview of the Market for Compounds With Other Nitrogen Function in Russia
In value terms, compounds with other nitrogen function production soared to $ in estimated in export prices. In general, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 when the production volume increased by % against the previous year. As a result, production attained the peak level of $. from 2011 to , production growth remained at a lower figure.
The value of the market for compounds with other nitrogen function (excluding isocyanates) in Russia expanded sharply to $ in , picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 when the market value increased by % year-to-year. As a result, consumption attained the peak level of $. from 2011 to , the growth of the market remained at a somewhat lower figure.