Price for Steel, Alloy; Angles, Shapes and Sections in Belarus - 2022
Contents:
- Price for Steel, Alloy; Angles, Shapes and Sections in Belarus (FOB) - 2022
- Price for Steel, Alloy; Angles, Shapes and Sections in Belarus (CIF) - 2022
- Exports of Steel, Alloy; Angles, Shapes and Sections in Belarus
- Imports of Steel, Alloy; Angles, Shapes and Sections in Belarus
Price for Steel, Alloy; Angles, Shapes and Sections in Belarus (FOB) - 2022
In 2022, the average export price for steel, alloy; angles, shapes and sectionses amounted to $1,213 per ton, with a decrease of -5.6% against the previous year. Overall, the export price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 an increase of 70% against the previous year. The export price peaked at $5,996 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($2,330 per ton), while the average price for exports to Russia ($764 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (-9.2%), while the prices for the other major destinations experienced a decline.
Price for Steel, Alloy; Angles, Shapes and Sections in Belarus (CIF) - 2022
The average import price for steel, alloy; angles, shapes and sectionses stood at $848 per ton in March 2022, dropping by -20.9% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in September 2021 an increase of 20% m-o-m. As a result, import price attained the peak level of $1,349 per ton. From October 2021 to March 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Russia.
From March 2021 to March 2022, the rate of growth in terms of prices for Ukraine amounted to 0.0% per month.
Exports of Steel, Alloy; Angles, Shapes and Sections in Belarus
In 2022, exports of steel, alloy; angles, shapes and sectionses from Belarus rose markedly to 170 tons, surging by 6.5% against the year before. Over the period under review, exports posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 629% against the previous year. As a result, the exports attained the peak of 306 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of steel, alloy; angles, shapes and sectionses amounted to $206K in 2022. In general, exports saw a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 435%. As a result, the exports attained the peak of $233K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Steel, Alloy; Angles, Shapes and Sections in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 15.6 | 205 | 131 | 167 | 120.4% |
| Lithuania | 2.3 | 15.4 | 26.2 | 33.4 | 144.0% |
| Russia | 25.8 | 13.1 | 8.9 | 5.7 | -39.5% |
| Bangladesh | N/A | N/A | 38.9 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 43.6 | 233 | 205 | 206 | 67.8% |
Top Export Markets for Steel, Alloy; Angles, Shapes and Sections from Belarus in 2022:
- Ukraine (148.4 tons)
- Lithuania (14.3 tons)
- Russia (7.5 tons)
Imports of Steel, Alloy; Angles, Shapes and Sections in Belarus
In 2022, approx. 83 tons of steel, alloy; angles, shapes and sectionses were imported into Belarus; declining by -99.3% on 2021. Overall, imports showed a sharp reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 3%.
In value terms, imports of steel, alloy; angles, shapes and sectionses fell remarkably to $145K in 2022. In general, imports saw a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 46% against the previous year. As a result, imports attained the peak of $12M, and then declined notably in the following year.
| Import of Steel, Alloy; Angles, Shapes and Sections in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 10.9 | 7.3 | 11.8 | 0.1 | -79.1% |
| Ukraine | 0.5 | 0.8 | 0.4 | N/A | -10.6% |
| Others | 0.1 | 0.3 | 0.1 | N/A | 0.0% |
| Total | 11.5 | 8.4 | 12.3 | 0.1 | -79.4% |
Top Suppliers of Steel, Alloy; Angles, Shapes and Sections to Belarus in 2022:
- Russia (78.8 tons)
- Ukraine (3.0 tons)
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