Price for Steel, Alloy; Ingots and Other Primary Forms in Belarus - 2022
Contents:
- Price for Steel, Alloy; Ingots and Other Primary Forms in Belarus (CIF) - 2022
- Price for Steel, Alloy; Ingots and Other Primary Forms in Belarus (FOB) - 2022
- Imports of Steel, Alloy; Ingots and Other Primary Forms in Belarus
- Exports of Steel, Alloy; Ingots and Other Primary Forms in Belarus
Price for Steel, Alloy; Ingots and Other Primary Forms in Belarus (CIF) - 2022
The average import price for steel, alloy; ingots and other primary formses stood at $1,507 per ton in 2022, with an increase of 5.4% against the previous year. Overall, the import price, however, showed a slight setback. The growth pace was the most rapid in 2019 an increase of 37% against the previous year. As a result, import price reached the peak level of $2,309 per ton. From 2020 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($13,592 per ton), while the price for Russia totaled $1,144 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+20.0%).
Price for Steel, Alloy; Ingots and Other Primary Forms in Belarus (FOB) - 2022
The average export price for steel, alloy; ingots and other primary formses stood at $1,494 per ton in 2022, almost unchanged from the previous year. Overall, the export price faced a abrupt downturn. The pace of growth was the most pronounced in 2016 an increase of 50%. Over the period under review, the average export prices attained the peak figure at $4,680 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat 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 -10.8% per year.
Imports of Steel, Alloy; Ingots and Other Primary Forms in Belarus
After two years of decline, overseas purchases of steel, alloy; ingots and other primary formses increased by 4.3% to 24 tons in 2022. Over the period under review, imports, however, continue to indicate a sharp curtailment.
In value terms, imports of steel, alloy; ingots and other primary formses expanded significantly to $36K in 2022. Overall, imports, however, recorded a sharp slump.
| Import of Steel, Alloy; Ingots and Other Primary Forms in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 170 | 56.8 | 23.1 | 26.8 | -46.0% |
| Poland | 9.9 | 49.7 | 10.0 | 9.6 | -1.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 180 | 107 | 33.1 | 36.4 | -41.3% |
Top Suppliers of Steel, Alloy; Ingots and Other Primary Forms to Belarus in 2022:
- Russia (23.4 tons)
- Poland (0.7 tons)
Exports of Steel, Alloy; Ingots and Other Primary Forms in Belarus
For the fourth year in a row, Belarus recorded growth in overseas shipments of steel, alloy; ingots and other primary formses, which increased by 0.5% to 2.8 tons in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +18.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 61%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of steel, alloy; ingots and other primary formses amounted to $4.1K in 2022. Overall, exports, however, recorded a deep slump.
| Export of Steel, Alloy; Ingots and Other Primary Forms in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 5.4 | 4.7 | 4.1 | 4.1 | -8.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.4 | 4.8 | 4.1 | 4.1 | -8.8% |
Top Export Markets for Steel, Alloy; Ingots and Other Primary Forms from Belarus in 2022:
- Russia (2.8 tons)
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