Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Belarus - 2022

Contents:

1. Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Belarus (CIF) - 2022
2. Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Belarus

Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Belarus (CIF) - 2022

The average import price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses stood at $1,592 per ton in 2022, increasing by 7.5% against the previous year. Overall, the import price enjoyed resilient growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 87% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

As there is only one major supplying country, 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 +9.2% per year.

Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Belarus

In 2022, purchases abroad of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses was finally on the rise to reach 42 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a precipitous curtailment.

In value terms, imports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses surged to $67K in 2022. Overall, imports, however, recorded a abrupt descent.

Top Suppliers of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms to Belarus in 2022:

1. Russia (42.2 tons)

Source: IndexBox Market Intelligence Platform