Monohydric alcohols market in Russia

Earlier Report Observations

The market volume for monohydric alcohols in Russia declined from 2 787 thousand tonnes in 2018 to 2 640 thousand tonnes in 2020, before rising to 2 815 thousand tonnes in 2021. The decrease in 2020 was partly due to the COVID-19 pandemic, which reduced demand across alcohol-related sectors.

Market dynamics shifted from 2022 onward. In November 2022, the authorization of parallel imports for alcoholic beverages, along with the exit of several foreign producers, prompted Russian manufacturers to launch new products such as gin and bitters, contributing to market growth. This helped lift volume to 2 985 thousand tonnes in 2022, although a 3.9% drop in alcohol production the following year temporarily reduced the market to 2 720 thousand tonnes in 2023. By 2024, the expansion of niche segments like cider and mead supported a recovery to 3 003 thousand tonnes.

Production data for 2025 indicated continued activity, with output reaching 4 282 thousand tonnes.

Production monohydric alcohols in Russia

In kind, 2018-2021, K t

In 2021, Russia produced 4,800 K t of monohydric alcohols, marking a slight increase of 1.8% compared to 2020. Over the period from 2018 to 2021, production grew by 2.3%, which translates to an annualized rate of 0.8%. The highest production level was recorded in 2019 at 4,824 K t, with the largest annual increase of 2.8% occurring that same year. Conversely, the most significant decline was observed in 2020, when production fell by 2.2%.

Annual dynamics of production in Russia in kind, 2018-2021, K t

Exports monohydric alcohols from Russia

Exports in kind, K t

Exports of monohydric alcohols from Russia declined for the second consecutive year. In 2021, export volumes reached 1,984 K t, representing a decrease of 7.9% compared to 2020. Over the 2018-2021 period, exports overall increased by 2.4%, with a compound annual growth rate (CAGR) of 0.8%. The peak export volume was recorded in 2019 at 2,181 K t, which also saw the largest annual increase of 12.6%.

Annual dynamics of product's exports from Russia in kind, 2018-2021, K t

From 2018 to 2021, three key markets—Finland, Poland, and the Netherlands—collectively accounted for 67.2% of Russia's total exports of monohydric alcohols in volume terms.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Russia in kind, 2018-2021

Exports in value, M $ US

Export values of monohydric alcohols from Russia showed notable fluctuations during the period. The lowest point was in 2020 at 415.1 million US dollars, which saw the largest decline of 26.3%. By 2021, exports rebounded to 728.0 million US dollars, a 75.4% increase from 2020, marking the peak value. The gap between the trough in 2020 and the peak in 2021 was 1.8-fold.

Annual dynamics of product's exports from Russia in value, 2018-2021, M $ US

During 2018-2021, Finland, Poland, and Slovakia were the core markets for Russia's exports of monohydric alcohols in value terms. Finland accounted for 36.9% of exports, Poland for 16.8%, and Slovakia for 8.2%, together representing 61.9% of total export flows.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Russia in value, 2018-2021

Imports monohydric alcohols to Russia

Imports in kind, K t

After rising for two years, imports of monohydric alcohols into Russia declined. In 2021, imports totaled 45 K t, a decrease of 20.2% compared to 2020. Over the 2018-2021 period, imports increased by 51.2%, equating to an annualized growth rate of 14.8%. The highest import volume was recorded in 2020 at 56 K t, while the largest annual increase occurred in 2019 at 60.7%.

Annual dynamics of product's imports to Russia in kind, 2018-2021, K t

From 2018 to 2021, Germany, China, and the United States were the main sources of monohydric alcohols imports into Russia in volume terms. Germany contributed 29.3% of imports, China 21.1%, and the United States 9.8%, together making up 60.2% of total import flows.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Russia in kind, 2018-2021

Imports in value, M $ US

Following a two-year increase, the value of monohydric alcohols imports into Russia declined. In 2021, imports stood at 74.8 million US dollars, showing a modest decrease of 8.6% year-over-year. Over the 2018-2021 period, imports grew by 77.5%, with a compound annual growth rate (CAGR) of 21.1%. The peak import value was recorded in 2020 at 81.9 million US dollars, which also experienced the largest annual increase of 67.0%.

Annual dynamics of product's imports to Russia in value, 2018-2021, M $ US

In 2018-2021, Germany, China, and the United States led the structure of monohydric alcohols imports into Russia in value terms. Germany accounted for 27.9% of imports, China for 24.7%, and the United States for 10.2%, collectively representing 62.9% of total import flows.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Russia in value, 2018-2021