Belarus - Pyrethrum - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPyrethrum and Peppermint Price in Belarus - 2022
Contents:
- Pyrethrum and Peppermint Price in Belarus (CIF) - 2022
- Pyrethrum and Peppermint Price in Belarus (FOB) - 2022
- Pyrethrum and Peppermint Imports in Belarus
- Pyrethrum and Peppermint Exports in Belarus
Pyrethrum and Peppermint Price in Belarus (CIF) - 2022
In March 2022, the average pyrethrum and peppermint import price amounted to $5,918 per ton, with a decrease of -15.4% against the previous month. Over the period under review, import price indicated a modest increase from March 2021 to March 2022: its price increased at an average monthly rate of +1.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, pyrethrum and peppermint import price increased by +86.0% against September 2021 indices. The growth pace was the most rapid in April 2021 an increase of 46% month-to-month. Over the period under review, average import prices attained the maximum at $7,577 per ton in June 2021; however, from July 2021 to March 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Israel ($10,068 per ton), while the price for Russia ($1,926 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Pyrethrum and Peppermint Price in Belarus (FOB) - 2022
In March 2022, the average pyrethrum and peppermint export price amounted to $2,330 per ton, dropping by -38% against the previous month. Overall, the export price, however, recorded a slight increase. The pace of growth appeared the most rapid in February 2022 when the average export price increased by 104% against the previous month. The export price peaked at $4,366 per ton in August 2021; however, from September 2021 to March 2022, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Bulgaria ($5,667 per ton), while the average price for exports to Estonia ($1,063 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+7.8%), while the prices for the other major destinations experienced mixed trend patterns.
Pyrethrum and Peppermint Imports in Belarus
In 2022, imports of pyrethrum and peppermint into Belarus surged to 974 tons, with an increase of 22% compared with the previous year. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +12.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, pyrethrum and peppermint imports skyrocketed to $8M in 2022. Overall, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Pyrethrum and Peppermint in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 777 | 878 | 1,802 | 3,235 | 60.9% |
| Russia | 2,422 | 1,600 | 1,384 | 3,177 | 9.5% |
| Ukraine | 459 | 428 | 525 | 943 | 27.1% |
| Israel | 197 | 141 | 154 | 289 | 13.6% |
| Egypt | 54.9 | 57.6 | 45.9 | 93.1 | 19.3% |
| Others | 132 | 132 | 120 | 243 | 22.6% |
| Total | 4,042 | 3,236 | 4,031 | 7,978 | 25.4% |
Top Suppliers of Pyrethrum and Peppermint to Belarus in 2022:
- Russia (483.8 tons)
- Poland (213.4 tons)
- Ukraine (191.9 tons)
- Egypt (21.6 tons)
- Israel (21.5 tons)
Pyrethrum and Peppermint Exports in Belarus
For the third consecutive year, Belarus recorded decline in shipments abroad of pyrethrum and peppermint, which decreased by -12.4% to 727 tons in 2022. In general, exports faced a abrupt slump. The smallest decline of -6.2% was in 2021.
In value terms, pyrethrum and peppermint exports skyrocketed to $2.8M in 2022. Overall, exports showed a pronounced curtailment.
| Export of Pyrethrum and Peppermint in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 756 | 955 | 771 | 924 | 6.9% |
| Latvia | 612 | 835 | 686 | 794 | 9.1% |
| Poland | 1,353 | 482 | 134 | 732 | -18.5% |
| Estonia | 54.9 | 99.8 | 234 | 265 | 69.0% |
| Ukraine | 32.8 | 87.6 | 71.3 | 80.8 | 35.1% |
| China | 247 | 156 | N/A | N/A | -36.8% |
| Others | 188 | 68.6 | 226 | N/A | 9.6% |
| Total | 3,244 | 2,684 | 2,122 | 2,795 | -4.8% |
Top Export Markets for Pyrethrum and Peppermint from Belarus in 2022:
- Russia (323.9 tons)
- Estonia (149.5 tons)
- Latvia (131.1 tons)
- Poland (81.8 tons)
- Ukraine (40.7 tons)
This report provides an in-depth analysis of the pyrethrum and peppermint market in Belarus. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 754 - Pyrethrum, dried flowers
- FCL 748 - Peppermint, Spearmint
Country coverage:
- Belarus
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belarus
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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