Price for Salts of Oxometallic or Peroxometallic Acids in Belarus - 2022

Contents:

  1. Price for Salts of Oxometallic or Peroxometallic Acids in Belarus (CIF) - 2022
  2. Price for Salts of Oxometallic or Peroxometallic Acids in Belarus (FOB) - 2022
  3. Imports of Salts of Oxometallic or Peroxometallic Acids in Belarus
  4. Exports of Salts of Oxometallic or Peroxometallic Acids in Belarus

Price for Salts of Oxometallic or Peroxometallic Acids in Belarus (CIF) - 2022

In 2022, the average import price for salts of oxometallic or peroxometallic acidses amounted to $8,377 per ton, with an increase of 32% against the previous year. Overall, the import price recorded a slight expansion. The most prominent rate of growth was recorded in 2018 an increase of 94% against the previous year. The import price peaked at $11,964 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($23,156 per ton), while the price for Kazakhstan ($1,871 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.7%), while the prices for the other major suppliers experienced a decline.

Price for Salts of Oxometallic or Peroxometallic Acids in Belarus (FOB) - 2022

The average export price for salts of oxometallic or peroxometallic acidses stood at $687 per ton in 2022, which is down by -26.5% against the previous year. In general, the export price showed a abrupt contraction. The pace of growth was the most pronounced in 2019 when the average export price increased by 131%. As a result, the export price attained the peak level of $2,974 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

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 -5.2% per year.

Imports of Salts of Oxometallic or Peroxometallic Acids in Belarus

For the third year in a row, Belarus recorded decline in overseas purchases of salts of oxometallic or peroxometallic acidses, which decreased by -19.4% to 69 tons in 2022. Overall, imports continue to indicate a sharp setback.

In value terms, imports of salts of oxometallic or peroxometallic acidses expanded rapidly to $581K in 2022. Over the period under review, imports recorded a sharp shrinkage.

Import of Salts of Oxometallic or Peroxometallic Acids in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland9081,046121328-28.8%
Russia22683.288.164.3-34.2%
United States3.60.299.954.8147.8%
India14410190.154.5-27.7%
China85.845.451.529.8-29.7%
Kazakhstan21.22.39.75.4-36.6%
UkraineN/A96.7N/AN/A0%
Others23.586.387.644.023.3%
Total1,4121,461548581-25.6%

Top Suppliers of Salts of Oxometallic or Peroxometallic Acids to Belarus in 2022:

  1. Poland (30.1 tons)
  2. China (15.4 tons)
  3. India (9.8 tons)
  4. Russia (7.7 tons)
  5. Kazakhstan (2.9 tons)
  6. United States (2.4 tons)

Exports of Salts of Oxometallic or Peroxometallic Acids in Belarus

In 2022, the amount of salts of oxometallic or peroxometallic acidses exported from Belarus soared to 31 tons, surging by 88% against 2021 figures. In general, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 3,039%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of salts of oxometallic or peroxometallic acidses skyrocketed to $22K in 2022. Overall, exports posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 2,500% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Salts of Oxometallic or Peroxometallic Acids in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia0.30.514.321.6316.0%
Others0.50.11.3N/A61.2%
Total0.80.615.621.6200.0%

Top Export Markets for Salts of Oxometallic or Peroxometallic Acids from Belarus in 2022:

  1. Russia (31.4 tons)

Source: IndexBox Market Intelligence Platform

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