Price for Iron or Steel; Cast Articles in Belarus - 2022
Contents:
- Price for Iron or Steel; Cast Articles in Belarus (CIF) - 2022
- Price for Iron or Steel; Cast Articles in Belarus (FOB) - 2022
- Imports of Iron or Steel; Cast Articles in Belarus
- Exports of Iron or Steel; Cast Articles in Belarus
Price for Iron or Steel; Cast Articles in Belarus (CIF) - 2022
In March 2022, the average import price for iron or steel; cast articleses amounted to $2,753 per ton, with a decrease of -10.2% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in December 2021 when the average import price increased by 27% month-to-month. Over the period under review, average import prices reached the maximum at $3,068 per ton in January 2022; however, from February 2022 to March 2022, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($13,973 per ton), while the price for Russia ($1,764 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Turkey (+19.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Steel; Cast Articles in Belarus (FOB) - 2022
The average export price for iron or steel; cast articleses stood at $813 per ton in March 2022, dropping by -22.9% against the previous month. Over the period under review, the export price continues to indicate a mild reduction. The most prominent rate of growth was recorded in June 2021 an increase of 9.7% against the previous month. The export price peaked at $1,153 per ton in November 2021; however, from December 2021 to March 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major external markets. In March 2022, the country with the highest price was Poland ($1,194 per ton), while the average price for exports to Russia stood at $796 per ton.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+2.9%).
Imports of Iron or Steel; Cast Articles in Belarus
In 2022, imports of iron or steel; cast articleses into Belarus reduced markedly to 8.7K tons, which is down by -38.3% compared with the previous year. Over the period under review, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 90% against the previous year. As a result, imports attained the peak of 14K tons, and then dropped rapidly in the following year.
In value terms, iron or steel; cast articles imports fell rapidly to $24M in 2022. Overall, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 46% against the previous year. As a result, imports reached the peak of $32M, and then declined significantly in the following year.
| Import of Iron or Steel; Cast Articles in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 10.4 | 5.7 | 13.0 | 9.5 | -3.0% |
| China | 6.0 | 5.3 | 7.4 | 5.4 | -3.5% |
| Germany | 4.4 | 3.6 | 4.1 | 3.0 | -12.0% |
| Czech Republic | 2.7 | 1.4 | 1.4 | 1.3 | -21.6% |
| Ukraine | 0.7 | 0.5 | 0.6 | 0.5 | -10.6% |
| India | 0.5 | 0.4 | 0.5 | 0.4 | -7.2% |
| Others | 5.0 | 4.8 | 4.8 | 4.3 | -4.9% |
| Total | 29.8 | 21.8 | 31.8 | 24.4 | -6.4% |
Top Suppliers of Iron or Steel; Cast Articles to Belarus in 2022:
- Russia (5.5K tons)
- China (1.5K tons)
- Germany (1.0K tons)
- Czech Republic (0.2K tons)
- India (0.2K tons)
- Ukraine (0.1K tons)
Exports of Iron or Steel; Cast Articles in Belarus
In 2022, shipments abroad of iron or steel; cast articleses decreased by -10.1% to 28K tons, falling for the second year in a row after two years of growth. In general, exports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2020 when exports increased by 17% against the previous year. As a result, the exports reached the peak of 39K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, iron or steel; cast articles exports dropped modestly to $31M in 2022. The total export value increased at an average annual rate of +2.1% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 6.4% against the previous year.
| Export of Iron or Steel; Cast Articles in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 25.4 | 27.9 | 26.7 | 26.3 | 1.2% |
| Poland | 0.7 | 0.8 | 1.6 | 1.6 | 31.7% |
| Ukraine | 1.5 | 1.0 | 1.0 | 1.1 | -9.8% |
| Others | 1.7 | 1.4 | 2.5 | 2.1 | 7.3% |
| Total | 29.3 | 31.1 | 31.8 | 31.2 | 2.1% |
Top Export Markets for Iron or Steel; Cast Articles from Belarus in 2022:
- Russia (25.4K tons)
- Ukraine (0.9K tons)
- Poland (0.6K tons)
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