Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Belarus - 2022

Contents:

1. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Belarus (CIF) - 2022
2. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Belarus (FOB) - 2022
3. Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Belarus
4. Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Belarus

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Belarus (CIF) - 2022

The average import price for polymers, natural; alginic acid, its salts and esters, in primary formses stood at $17,900 per ton in 2022, growing by 20% against the previous year. Over the period under review, the import price recorded a buoyant increase. The most prominent rate of growth was recorded in 2013 an increase of 53%. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($21,303 per ton), while the price for China ($12,785 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Belarus (FOB) - 2022

The average export price for polymers, natural; alginic acid, its salts and esters, in primary formses stood at $6,792 per ton in 2022, falling by -5.2% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 52% against the previous year. Over the period under review, the average export prices attained the peak figure at $15,000 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, 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 -0.9% per year.

Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Belarus

For the fourth year in a row, Belarus recorded growth in supplies from abroad of polymers, natural; alginic acid, its salts and esters, in primary formses, which increased by 2.4% to 53 tons in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +16.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 53% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, imports of polymers, natural; alginic acid, its salts and esters, in primary formses surged to $942K in 2022. In general, imports recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 90% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Top Suppliers of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms to Belarus in 2022:

1. Russia (20.9 tons)
2. Spain (17.9 tons)
3. France (5.5 tons)
4. Poland (3.8 tons)
5. China (2.3 tons)
6. Czech Republic (1.4 tons)

Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Belarus

In 2022, shipments abroad of polymers, natural; alginic acid, its salts and esters, in primary formses decreased by -24.1% to 265 kg, falling for the second consecutive year after two years of growth. Overall, exports showed a abrupt setback. The pace of growth appeared the most rapid in 2020 with an increase of 99% against the previous year. As a result, the exports reached the peak of 814 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of polymers, natural; alginic acid, its salts and esters, in primary formses fell significantly to $1.8K in 2022. In general, exports saw a dramatic descent. The pace of growth appeared the most rapid in 2020 with an increase of 86% against the previous year. As a result, the exports attained the peak of $6.9K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms from Belarus in 2022:

1. Russia (265.0 kg)

Source: IndexBox Market Intelligence Platform