Salts; Molybdates Price in Belarus - 2022

Salts; Molybdates Price in Belarus (CIF) - 2022

The average salts; molybdates import price stood at $23,273 per ton in 2022, picking up by 10% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 47% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($26,256 per ton), while the price for Chile ($13,145 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+3.7%), while the prices for the other major suppliers experienced a decline.

Salts; Molybdates Price in Belarus (FOB) - 2022

The average salts; molybdates export price stood at $23,615 per ton in 2022, which is down by -15.2% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by 79% against the previous year. The export price peaked at $27,853 per ton in 2021, and then dropped markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($24,211 per ton), while the average price for exports to Kazakhstan totaled $1,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+4.2%).

Salts; Molybdates Imports in Belarus

In 2022, salts; molybdates imports into Belarus surged to 34 tons, increasing by 126% on the previous year's figure. Overall, imports, however, continue to indicate a abrupt setback.

In value terms, salts; molybdates imports surged to $792K in 2022. In general, imports, however, showed a abrupt shrinkage.

Import of Salts; Molybdates in Belarus (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Poland	394	522	29.0	301	-8.6%
China	188	200	99.6	72.3	-27.3%
Chile	110	127	69.0	54.6	-20.8%
United States	1.6	29.9	31.2	24.7	149.0%
Russia	9.7	16.6	8.0	16.5	19.4%
India	5.6	50.8	17.9	14.2	36.4%
Ukraine	N/A	48.8	N/A	N/A	0%
Others	379	270	63.3	309	-6.6%
Total	1,087	1,266	318	792	-10.0%

Top Suppliers of Salts; Molybdates to Belarus in 2022:

Poland (11.5 tons)
China (4.8 tons)
Chile (4.2 tons)
United States (1.1 tons)
Russia (0.7 tons)
India (0.3 tons)

Salts; Molybdates Exports in Belarus

In 2022, after two years of decline, there was significant growth in overseas shipments of salts; molybdateses, when their volume increased by 15% to 39 kg. Over the period under review, exports, however, showed a abrupt descent.

In value terms, salts; molybdates exports dropped slightly to $921 in 2022. The total export value increased at an average annual rate of +2.9% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 5.8%. As a result, the exports attained the peak of $947, and then dropped modestly in the following year.