Carbonates; Potassium Carbonate Price in Belarus - 2022
Contents:
- Carbonates; Potassium Carbonate Price in Belarus (CIF) - 2022
- Carbonates; Potassium Carbonate Price in Belarus (FOB) - 2022
- Carbonates; Potassium Carbonate Imports in Belarus
- Carbonates; Potassium Carbonate Exports in Belarus
Carbonates; Potassium Carbonate Price in Belarus (CIF) - 2022
The average carbonates; potassium carbonate import price stood at $734 per ton in 2022, surging by 2.2% against the previous year. In general, the import price, however, continues to indicate a mild curtailment. The pace of growth was the most pronounced in 2021 when the average import price increased by 21% against the previous year. Over the period under review, average import prices hit record highs at $864 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($2,108 per ton), while the price for Russia ($539 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Carbonates; Potassium Carbonate Price in Belarus (FOB) - 2022
The average carbonates; potassium carbonate export price stood at $873 per ton in 2022, shrinking by -6.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The pace of growth appeared the most rapid in 2021 when the average export price increased by 19% against the previous year. As a result, the export price reached the peak level of $931 per ton, and then contracted in the following year.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Egypt ($872 per ton), while the average price for exports to Sudan totaled $758 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+1.5%).
Carbonates; Potassium Carbonate Imports in Belarus
In 2022, imports of carbonates; potassium carbonates into Belarus skyrocketed to 832 tons, growing by 55% compared with the previous year. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +13.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.8% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, carbonates; potassium carbonate imports surged to $611K in 2022. In general, imports saw strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Carbonates; Potassium Carbonate in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 289 | 180 | 229 | 380 | 9.6% |
| Czech Republic | 7.8 | 10.3 | 13.1 | 41.5 | 74.6% |
| Lithuania | 53.0 | 38.5 | 26.8 | 25.7 | -21.4% |
| Poland | 2.0 | 1.4 | 0.9 | 21.2 | 119.7% |
| Germany | 42.1 | 34.5 | 42.1 | 9.9 | -38.3% |
| Others | 24.9 | 25.1 | 73.1 | 133 | 74.8% |
| Total | 419 | 290 | 385 | 611 | 13.4% |
Top Suppliers of Carbonates; Potassium Carbonate to Belarus in 2022:
- Russia (704.7 tons)
- Czech Republic (42.4 tons)
- Lithuania (26.4 tons)
- Poland (15.0 tons)
- Germany (4.7 tons)
Carbonates; Potassium Carbonate Exports in Belarus
In 2022, shipments abroad of carbonates; potassium carbonates decreased by -14.6% to 34 tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +13.0% 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 +44.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 39%. As a result, the exports reached the peak of 40 tons, and then shrank in the following year.
In value terms, carbonates; potassium carbonate exports declined dramatically to $30K in 2022. Over the period under review, exports, however, enjoyed resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of 66% against the previous year. As a result, the exports attained the peak of $37K, and then reduced sharply in the following year.
| Export of Carbonates; Potassium Carbonate in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 16.8 | 21.2 | 19.3 | 28.2 | 18.8% |
| Sudan | 0.2 | 0.2 | 0.7 | 1.1 | 76.5% |
| Ukraine | N/A | N/A | 16.8 | N/A | 0% |
| Others | 0.3 | 0.9 | 0.1 | 0.3 | 0.0% |
| Total | 17.3 | 22.3 | 37.0 | 29.6 | 19.6% |
Top Export Markets for Carbonates; Potassium Carbonate from Belarus in 2022:
- Egypt (32.4 tons)
- Sudan (1.4 tons)
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