Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Belarus - 2022
Contents:
- Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Belarus (CIF) - 2022
- Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Belarus
Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Belarus (CIF) - 2022
In 2022, the average import price for steel, alloy amounted to $565 per ton, stabilizing at the previous year. Overall, the import price showed a deep downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by 78% against the previous year. As a result, import price attained the peak level of $1,597 per ton. From 2017 to 2022, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ukraine ($697 per ton), while the price for Russia totaled $549 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (-3.2%).
Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Belarus
In 2022, approx. 139 tons of steel, alloy were imported into Belarus; remaining stable against the previous year's figure. The total import volume increased at an average annual rate of +11.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 18%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of steel, alloy stood at $79K in 2022. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 10%. As a result, imports reached the peak of $85K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 60.9 | 70.9 | 65.8 | 67.8 | 3.6% |
| Ukraine | 16.4 | 14.3 | 12.4 | 10.8 | -13.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 77.3 | 85.2 | 78.2 | 78.6 | 0.6% |
Top Suppliers of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils to Belarus in 2022:
- Russia (123.5 tons)
- Ukraine (15.5 tons)
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