Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Belarus - 2022
Contents:
- Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Belarus (CIF) - 2022
- Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Belarus (FOB) - 2022
- Imports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Belarus
- Exports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Belarus
Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Belarus (CIF) - 2022
In 2022, the average import price for stainless steel; flat-rolled products of width less than 600mms amounted to $3,217 per ton, surging by 7.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. The growth pace was the most rapid in 2017 an increase of 22%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in years to come.
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 Poland ($4,102 per ton), while the price for Taiwan (Chinese) ($2,247 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+19.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Belarus (FOB) - 2022
The average export price for stainless steel; flat-rolled products of width less than 600mms stood at $3,753 per ton in 2022, surging by 7.1% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2016 an increase of 47% against the previous year. Over the period under review, the average export prices attained the maximum at $6,748 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat 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 Austria amounted to +64.3% per year.
Imports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Belarus
In 2022, the amount of stainless steel; flat-rolled products of width less than 600mms imported into Belarus dropped rapidly to 680 tons, shrinking by -36.9% on 2021. Overall, imports faced a abrupt decrease. The smallest decline of -4.5% was in 2020.
In value terms, imports of stainless steel; flat-rolled products of width less than 600mms fell dramatically to $2.2M in 2022. In general, imports faced a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 6.2%.
| Import of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 907 | 775 | 923 | 616 | -12.1% |
| Austria | 424 | 451 | 561 | 587 | 11.5% |
| China | 235 | 332 | 194 | 302 | 8.7% |
| Turkey | 210 | 278 | 550 | 228 | 2.8% |
| Taiwan (Chinese) | 838 | 546 | 436 | 176 | -40.6% |
| South Korea | 109 | 73.6 | 17.5 | 41.2 | -27.7% |
| Poland | 119 | 105 | 107 | 33.5 | -34.5% |
| Others | 562 | 487 | 447 | 207 | -28.3% |
| Total | 3,405 | 3,047 | 3,236 | 2,189 | -13.7% |
Top Suppliers of Stainless Steel; Flat-Rolled Products of Width Less than 600mm to Belarus in 2022:
- Russia (189.4 tons)
- Austria (176.2 tons)
- Turkey (86.5 tons)
- China (80.3 tons)
- Taiwan (Chinese) (78.3 tons)
- South Korea (15.1 tons)
- Poland (8.2 tons)
Exports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Belarus
In 2022, approx. 24 tons of stainless steel; flat-rolled products of width less than 600mms were exported from Belarus; with a decrease of -29% on the year before. Over the period under review, exports recorded a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 120% against the previous year. As a result, the exports attained the peak of 34 tons, and then declined sharply in the following year.
In value terms, exports of stainless steel; flat-rolled products of width less than 600mms declined significantly to $90K in 2022. Overall, total exports indicated a modest increase from 2019 to 2022: its value increased at an average annual rate of +1.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 105%. As a result, the exports attained the peak of $119K, and then fell rapidly in the following year.
| Export of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 71.0 | 55.6 | 62.1 | 87.6 | 7.3% |
| Italy | 8.4 | N/A | N/A | N/A | 0% |
| Austria | N/A | 1.3 | 52.4 | N/A | 3930.8% |
| Others | 6.4 | 0.8 | 4.1 | 2.5 | -26.9% |
| Total | 85.8 | 57.8 | 119 | 90.2 | 1.7% |
Top Export Markets for Stainless Steel; Flat-Rolled Products of Width Less than 600mm from Belarus in 2022:
- Russia (23.9 tons)
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