Price for Metals; Silver, Unwrought, (But Not Powder) in Belarus - 2022

Contents:

  1. Price for Metals; Silver, Unwrought, (But Not Powder) in Belarus (CIF) - 2022
  2. Price for Metals; Silver, Unwrought, (But Not Powder) in Belarus (FOB) - 2022
  3. Imports of Metals; Silver, Unwrought, (But Not Powder) in Belarus
  4. Exports of Metals; Silver, Unwrought, (But Not Powder) in Belarus

Price for Metals; Silver, Unwrought, (But Not Powder) in Belarus (CIF) - 2022

In 2022, the average import price for metals; silver, unwrought, (but not powder) amounted to $643,677 per ton, with a decrease of -7.8% against the previous year. Overall, the import price recorded a pronounced curtailment. The pace of growth was the most pronounced in 2019 an increase of 60% against the previous year. Over the period under review, average import prices attained the peak figure at $1,031,751 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($644,091 per ton), while the price for Poland stood at $282,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+6.3%).

Price for Metals; Silver, Unwrought, (But Not Powder) in Belarus (FOB) - 2022

The average export price for metals; silver, unwrought, (but not powder) stood at $746,537 per ton in 2022, dropping by -4% against the previous year. Overall, the export price continues to indicate a mild slump. The most prominent rate of growth was recorded in 2021 an increase of 16% against the previous year. The export price peaked at $984,220 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($1,006,545 per ton), while the average price for exports to Russia amounted to $695,464 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+1.2%), while the prices for the other major destinations experienced a decline.

Imports of Metals; Silver, Unwrought, (But Not Powder) in Belarus

In 2022, the amount of metals; silver, unwrought, (but not powder) imported into Belarus expanded rapidly to 3.5 tons, increasing by 9% compared with the previous year. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +12.3% 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 decreased by -27.4% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 95% against the previous year. As a result, imports reached the peak of 4.8 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of metals; silver, unwrought, (but not powder) stood at $2.2M in 2022. Overall, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 126% against the previous year. As a result, imports reached the peak of $2.9M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Metals; Silver, Unwrought, (But Not Powder) in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia1.32.92.22.219.2%
OthersN/AN/AN/AN/A0%
Total1.32.92.22.219.2%

Top Suppliers of Metals; Silver, Unwrought, (But Not Powder) to Belarus in 2022:

  1. Russia (3.5 tons)

Exports of Metals; Silver, Unwrought, (But Not Powder) in Belarus

In 2022, the amount of metals; silver, unwrought, (but not powder) exported from Belarus amounted to 67 kg, surging by 4.7% against the previous year's figure. In general, exports, however, showed a relatively flat trend pattern.

In value terms, exports of metals; silver, unwrought, (but not powder) amounted to $50K in 2022. The total export value increased at an average annual rate of +8.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 15%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Export of Metals; Silver, Unwrought, (But Not Powder) in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia23.831.136.838.917.8%
China15.914.612.911.1-11.3%
OthersN/AN/AN/AN/A0%
Total39.745.749.850.08.0%

Top Export Markets for Metals; Silver, Unwrought, (But Not Powder) from Belarus in 2022:

  1. Russia (56.0 kg)
  2. China (11.0 kg)

Source: IndexBox Market Intelligence Platform

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