Ethyl alcohol market in Eastern Europe (including Northern Asia)

Earlier Report Observations

The ethyl alcohol market in Eastern Europe expanded significantly from 802 million liters in 2018 to 1,154 million liters in 2020. This growth was initially supported by the entry of new producers and the launch of large-scale production facilities in Russia, which increased output. The surge in 2020 was directly driven by the COVID-19 pandemic, which sparked a sharp rise in demand for antiseptics, leading to a rapid expansion in the number of manufacturers and higher production volumes.

After the pandemic peak, market volume contracted to 929 million liters in 2021 as demand for antiseptics normalized. In 2022, the market recovered to 1,081 million liters, influenced by international sanctions and trade restrictions that reduced imports and spurred domestic production. The volume then declined to 974 million liters in 2023, amid continued reduction in denatured alcohol consumption and regulatory measures such as excise increases in Belarus affecting regional demand.

Production ethyl alcohol in Eastern Europe (including Northern Asia)

In kind, 2017-2020, M l

Top producers of ethyl alcohol, 2017-2020

World map of production of ethyl alcohol, 2017-2020

Ethyl alcohol production in Eastern Europe (including Northern Asia) has grown for the second year in a row. In 2020, the region produced 1 836 million liters, representing a 9.3% year-over-year increase. Looking at the period from 2017 to 2020, production rose by 14.1%, with an average annual growth rate of 4.5%. The lowest production volume was recorded in 2018 at 1 497 million liters, which also saw the largest decline of 7.0%. In contrast, 2019 experienced the biggest increase at 12.2%.

Annual dynamics of production in Eastern Europe (including Northern Asia) in kind, 2017-2020, M l

In value, 2017-2020, M $ US

The value of ethyl alcohol production in Eastern Europe (including Northern Asia) has also increased for the second consecutive year. In 2020, output was valued at 1 440 million US dollars, up 21.9% from the previous year. From 2017 to 2020, production value grew by 34.6%, translating to an annualized rate of 10.4%. The lowest value was in 2018 at 981 million US dollars, which also marked the largest decline of 8.3%.

Annual dynamics of production in Eastern Europe (including Northern Asia) in value, 2017-2020, M $ US

Exports ethyl alcohol from Eastern Europe (including Northern Asia)

Exports in kind, M l

Ethyl alcohol exports from Eastern Europe (including Northern Asia) have risen for the third year in a row. In 2020, export volume reached 1 195 million liters, showing a moderate increase of 7.3% compared to 2019. Over the 2017-2020 period, exports grew by 16.7%, with an average annual growth rate of 5.3%.

Annual dynamics of product's exports from Eastern Europe (including Northern Asia) in kind, 2017-2020, M l

From 2017 to 2020, Germany, Italy, and the Netherlands were notable buyers of ethyl alcohol from Eastern Europe (including Northern Asia), but their combined share was not dominant. Germany accounted for 25.9% of exports in kind, Italy for 7.3%, and the Netherlands for 4.9%, totaling just 38.1% of all exports.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Eastern Europe (including Northern Asia) in kind, 2017-2020

Exports in value, M $ US

The value of ethyl alcohol exports from Eastern Europe (including Northern Asia) has increased for the second consecutive year. In 2020, exports totaled 937.1 million US dollars, reflecting a solid gain of 19.6% year-over-year. Between 2017 and 2020, export value rose by 37.6%, equating to an annualized rate of 11.2%. The lowest value was recorded in 2018 at 678.1 million US dollars, which also saw the smallest decline of 0.4%.

Annual dynamics of product's exports from Eastern Europe (including Northern Asia) in value, 2017-2020, M $ US

An analysis of export values from 2017 to 2020 reveals a broad distribution across many markets. Germany held 25.8% of exports in value terms, Italy 6.8%, and the Netherlands 4.9%, together accounting for only 37.5% of total flows. The remaining 62.5% went to other partners.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Eastern Europe (including Northern Asia) in value, 2017-2020

Imports ethyl alcohol to Eastern Europe (including Northern Asia)

Imports in kind, M l

In 2020, ethyl alcohol imports into Eastern Europe (including Northern Asia) totaled 511 million liters, down 6.5% from the previous year. Over the 2017-2020 period, imports increased by 30.8%, with an annualized growth rate of 9.4%. The lowest import volume was in 2018 at 326 million liters, which also experienced the largest decline of 16.6%. In contrast, 2019 saw the highest volume at 547 million liters, with the biggest increase of 67.7%.

Annual dynamics of product's imports to Eastern Europe (including Northern Asia) in kind, 2017-2020, M l

From 2017 to 2020, imports of ethyl alcohol into Eastern Europe (including Northern Asia) came from a wide range of countries. Germany accounted for 16.5% of imports in kind, Austria for 3.6%, and the Netherlands for 1.0%, together making up just 21.0% of total flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Eastern Europe (including Northern Asia) in kind, 2017-2020

Imports in value, M $ US

The value of ethyl alcohol imports into Eastern Europe (including Northern Asia) has grown for the third consecutive year. In 2020, imports stood at 454.6 million US dollars, marking a significant rise of 14.6% year-over-year. Between 2017 and 2020, import value increased by 62.2%, equating to an annualized rate of 17.5%.

Annual dynamics of product's imports to Eastern Europe (including Northern Asia) in value, 2017-2020, M $ US

An analysis of import values from 2017 to 2020 shows a broad distribution across many markets. Germany accounted for 17.1% of imports in value terms, Austria for 3.5%, and the Netherlands for 1.0%, together totaling only 21.7% of all flows. The remaining 78.3% came from other partners.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Eastern Europe (including Northern Asia) in value, 2017-2020