Belarus - Crude Petroleum Oil - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCrude Oil Price in Belarus - 2022
Contents:
- Crude Oil Price in Belarus (CIF) - 2022
- Crude Oil Price in Belarus (FOB) - 2022
- Crude Oil Imports in Belarus
- Crude Oil Exports in Belarus
Crude Oil Price in Belarus (CIF) - 2022
In April 2021, the average crude oil import price amounted to $394 per ton, reducing by -4.2% against the previous month. Over the last three-month period, it increased at an average monthly rate of +3.7%. The growth pace was the most rapid in February 2021 an increase of 12% month-to-month. Over the period under review, average import prices hit record highs at $411 per ton in March 2021, and then shrank slightly in the following month.
Average prices varied somewhat amongst the major supplying countries. In April 2021, the country with the highest price was Azerbaijan ($506 per ton), while the price for Russia amounted to $387 per ton.
From January 2021 to April 2021, the most notable rate of growth in terms of prices was attained by Azerbaijan (+4.7%).
Crude Oil Price in Belarus (FOB) - 2022
In April 2021, the average crude oil export price amounted to $439 per ton, which is down by -2.1% against the previous month. Over the period from January 2021 to April 2021, it increased at an average monthly rate of +4.8%. The growth pace was the most rapid in February 2021 an increase of 12% month-to-month. The export price peaked at $448 per ton in March 2021, and then fell in the following month.
As there is only one major export destination, the average price level is determined by prices for Germany.
From January 2021 to April 2021, the rate of growth in terms of prices for Germany amounted to +4.7% per month.
Crude Oil Imports in Belarus
In 2022, approx. 14M tons of crude petroleum oil were imported into Belarus; with a decrease of -12.7% against the previous year. In general, imports continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 34% against the previous year.
In value terms, crude oil imports fell dramatically to $5.4B in 2022. Overall, imports saw a abrupt setback. The pace of growth appeared the most rapid in 2021 when imports increased by 79% against the previous year. As a result, imports attained the peak of $7B, and then fell sharply in the following year.
| Import of Crude Oil in Belarus (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 6.5 | 3.4 | 6.7 | 5.4 | -6.0% |
| Azerbaijan | 0.1 | 0.2 | 0.3 | N/A | 73.2% |
| Others | N/A | 0.2 | N/A | N/A | 0% |
| Total | 6.6 | 3.9 | 7.0 | 5.4 | -6.5% |
Top Suppliers of Crude Oil to Belarus in 2022:
- Russia (14.0M tons)
- Azerbaijan (0.1M tons)
Crude Oil Exports in Belarus
In 2022, shipments abroad of crude petroleum oil was finally on the rise to reach 1.1M tons after two years of decline. Overall, exports, however, recorded a abrupt decrease.
In value terms, crude oil exports shrank slightly to $347M in 2022. In general, exports, however, continue to indicate a dramatic setback. The growth pace was the most rapid in 2021 with an increase of 2% against the previous year.
| Export of Crude Oil in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 650 | 277 | 312 | 311 | -21.8% |
| Poland | 73.9 | 63.4 | 37.0 | 34.9 | -22.1% |
| Others | 3.1 | 2.3 | 1.1 | 0.9 | -33.8% |
| Total | 727 | 343 | 350 | 347 | -21.8% |
Top Export Markets for Crude Oil from Belarus in 2022:
- Germany (1061.0K tons)
- Poland (26.3K tons)
This report provides an in-depth analysis of the crude oil market in Belarus. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
Country coverage:
- Belarus
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belarus
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the crude oil market in Belarus.
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This report provides an in-depth analysis of the market for crude oil and processed petroleum in Belarus.
409
This report provides an in-depth analysis of the global crude oil market.
134
This report provides an in-depth analysis of the global market for crude oil and processed petroleum.
265
This report provides an in-depth analysis of the crude oil market in Belarus.
104
This report provides an in-depth analysis of the market for crude oil and processed petroleum in Belarus.
409
This report provides an in-depth analysis of the global crude oil market.
134
This report provides an in-depth analysis of the global market for crude oil and processed petroleum.
520
Explore the top import markets for crude oil and examine key statistics related to their import value. China, the United States, and India lead the pack.
520
Explore the top import markets for crude oil and examine key statistics related to their import value. China, the United States, and India lead the pack.
