Price for Steel, Alloy; Semi-Finished Products in Belarus - 2022
Contents:
- Price for Steel, Alloy; Semi-Finished Products in Belarus (CIF) - 2022
- Price for Steel, Alloy; Semi-Finished Products in Belarus (FOB) - 2022
- Imports of Steel, Alloy; Semi-Finished Products in Belarus
- Exports of Steel, Alloy; Semi-Finished Products in Belarus
Price for Steel, Alloy; Semi-Finished Products in Belarus (CIF) - 2022
In March 2022, the average steel, alloy; semi-finished products import price amounted to $2,338 per ton, falling by -31.5% against the previous month. Over the period under review, the import price continues to indicate a mild contraction. The most prominent rate of growth was recorded in February 2022 when the average import price increased by 56% against the previous month. As a result, import price attained the peak level of $3,413 per ton, and then reduced markedly in the following month.
There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was the Czech Republic ($4,464 per ton), while the price for Russia stood at $1,672 per ton.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+2.7%).
Price for Steel, Alloy; Semi-Finished Products in Belarus (FOB) - 2022
The average steel, alloy; semi-finished products export price stood at $724 per ton in 2022, shrinking by -24.4% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 180%. The export price peaked at $1,842 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($1,287 per ton), while the average price for exports to Poland totaled $409 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+5.8%), while the prices for the other major destinations experienced a decline.
Imports of Steel, Alloy; Semi-Finished Products in Belarus
In 2022, approx. 3.4K tons of steel, alloy; semi-finished productses were imported into Belarus; growing by 21% compared with 2021 figures. In general, imports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 78%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, steel, alloy; semi-finished products imports expanded to $7.2M in 2022. Overall, imports posted a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 104% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Steel, Alloy; Semi-Finished Products in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 4.0 | 1.9 | 6.2 | 6.0 | 14.5% |
| Czech Republic | 0.9 | 0.9 | 0.6 | 0.7 | -8.0% |
| Ukraine | 0.6 | 0.2 | N/A | 0.3 | -20.6% |
| Slovenia | 0.3 | 0.5 | 0.1 | 0.3 | 0.0% |
| Others | N/A | N/A | 0.2 | N/A | 0% |
| Total | 5.9 | 3.5 | 7.1 | 7.2 | 6.9% |
Top Suppliers of Steel, Alloy; Semi-Finished Products to Belarus in 2022:
- Russia (2974.3 tons)
- Czech Republic (303.2 tons)
- Ukraine (81.1 tons)
- Slovenia (78.1 tons)
Exports of Steel, Alloy; Semi-Finished Products in Belarus
In 2022, steel, alloy; semi-finished products exports from Belarus soared to 827 tons, growing by 72% against the previous year. Over the period under review, exports, however, continue to indicate a significant curtailment.
In value terms, steel, alloy; semi-finished products exports soared to $599K in 2022. In general, exports, however, saw a dramatic contraction.
| Export of Steel, Alloy; Semi-Finished Products in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 434 | 165 | 351 | 382 | -4.2% |
| Poland | 120 | 382 | 104 | 217 | 21.8% |
| Romania | 1,889 | 1,811 | N/A | N/A | -4.1% |
| Others | 67.4 | 4.4 | 4.4 | N/A | -74.4% |
| Total | 2,510 | 2,363 | 459 | 599 | -38.0% |
Top Export Markets for Steel, Alloy; Semi-Finished Products from Belarus in 2022:
- Poland (529.9 tons)
- Russia (296.9 tons)
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