Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Belarus - 2022
Contents:
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Belarus (CIF) - 2022
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Belarus (FOB) - 2022
- Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Belarus
- Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Belarus
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Belarus (CIF) - 2022
In 2022, the average import price for steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $9,747 per ton, surging by 67% against the previous year. Over the period under review, the import price showed a slight expansion. The pace of growth was the most pronounced in 2013 when the average import price increased by 78%. As a result, import price attained the peak level of $15,167 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ukraine ($15,187 per ton), while the price for Russia stood at $7,578 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (-0.1%).
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Belarus (FOB) - 2022
The average export price for steel, stainless; semi-finished products, other than of rectangular cross-sectia stood at $6,592 per ton in 2022, increasing by 18% against the previous year. Over the period under review, the export price, however, showed a pronounced decline. The most prominent rate of growth was recorded in 2015 an increase of 82% against the previous year. The export price peaked at $10,372 per ton in 2019; however, from 2020 to 2022, the export prices remained at a 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 Russia amounted to +0.2% per year.
Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Belarus
In 2022, approx. 39 tons of steel, stainless; semi-finished products, other than of rectangular cross-sectia were imported into Belarus; rising by 27% against 2021. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +11.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia soared to $376K in 2022. Over the period under review, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 84.7 | 89.8 | 57.1 | 209 | 35.1% |
| Ukraine | 51.5 | 39.8 | 60.8 | 167 | 48.0% |
| China | N/A | N/A | 48.1 | N/A | 0% |
| Poland | N/A | N/A | 10.5 | N/A | 0% |
| Others | 1.4 | N/A | 0.1 | N/A | -73.3% |
| Total | 138 | 130 | 177 | 376 | 39.7% |
Top Suppliers of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section to Belarus in 2022:
- Russia (27.5 tons)
- Ukraine (11.0 tons)
Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Belarus
After three years of growth, shipments abroad of steel, stainless; semi-finished products, other than of rectangular cross-sectia decreased by -14.5% to 13 tons in 2022. In general, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 91%.
In value terms, exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $87K in 2022. The total export value increased at an average annual rate of +13.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 47% against the previous year. As a result, the exports attained the peak of $88K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 59.5 | 87.6 | 86.4 | 87.0 | 13.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 59.5 | 87.6 | 86.4 | 87.0 | 13.5% |
Top Export Markets for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section from Belarus in 2022:
- Russia (13.2 tons)
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