Price for Iron Ore and Concentrate, Non-Agglomerated in Belarus - 2022

Contents:

1. Price for Iron Ore and Concentrate, Non-Agglomerated in Belarus (CIF) - 2022
2. Imports of Iron Ore and Concentrate, Non-Agglomerated in Belarus

Price for Iron Ore and Concentrate, Non-Agglomerated in Belarus (CIF) - 2022

In March 2022, the average import price for iron ores and concentrates, non-agglomerated amounted to $39.7 per ton, remaining constant against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.4%. The growth pace was the most rapid in June 2021 an increase of 18% m-o-m. The import price peaked in March 2022.

As there is only one major supplying country, the average price level is determined by prices for Ukraine.

From March 2021 to March 2022, the rate of growth in terms of prices for Ukraine amounted to +2.4% per month.

Imports of Iron Ore and Concentrate, Non-Agglomerated in Belarus

In 2022, purchases abroad of iron ores and concentrates, non-agglomerated was finally on the rise to reach 227K tons after two years of decline. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +9.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, iron ore and concentrate, non-agglomerated imports soared to $8.3M in 2022. In general, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Iron Ore and Concentrate, Non-Agglomerated to Belarus in 2022:

1. Ukraine (220.6K tons)
2. Germany (3.9K tons)

Source: IndexBox Market Intelligence Platform