Belarus - Sorbitol (Excluding D-Glucitol) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSorbitol Price in Belarus - 2022
Contents:
- Sorbitol Price in Belarus (CIF) - 2022
- Sorbitol Price in Belarus (FOB) - 2022
- Sorbitol Imports in Belarus
- Sorbitol Exports in Belarus
Sorbitol Price in Belarus (CIF) - 2022
In 2022, the average sorbitol import price amounted to $1,051 per ton, which is down by -5.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. The growth pace was the most rapid in 2013 when the average import price increased by 21% against the previous year. Over the period under review, average import prices attained the peak figure at $1,115 per ton in 2021, and then contracted in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($9,527 per ton), while the price for France ($738 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+25.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Sorbitol Price in Belarus (FOB) - 2022
In 2022, the average sorbitol export price amounted to $890 per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2013 when the average export price increased by 265%. As a result, the export price attained the peak level of $5,573 per ton. From 2014 to 2022, the average 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 -5.3% per year.
Sorbitol Imports in Belarus
After two years of decline, overseas purchases of sorbitol (excluding d-glucitol) increased by 47% to 168 tons in 2022. Overall, imports, however, faced a abrupt setback.
In value terms, sorbitol imports skyrocketed to $177K in 2022. Over the period under review, imports, however, faced a abrupt downturn.
| Import of Sorbitol in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cuba | 66.7 | 69.1 | 58.0 | 60.5 | -3.2% |
| France | 88.9 | 47.9 | 19.9 | 36.4 | -25.7% |
| Czech Republic | 15.9 | 23.2 | 6.9 | 30.3 | 24.0% |
| Latvia | 11.6 | 12.2 | 10.4 | 11.1 | -1.5% |
| Germany | 25.1 | 25.9 | 5.0 | 3.8 | -46.7% |
| Others | 40.8 | 47.8 | 27.2 | 34.6 | -5.3% |
| Total | 249 | 226 | 127 | 177 | -10.8% |
Top Suppliers of Sorbitol to Belarus in 2022:
- Cuba (59.6 tons)
- France (49.3 tons)
- Czech Republic (26.2 tons)
- Latvia (5.8 tons)
- Germany (0.4 tons)
Sorbitol Exports in Belarus
In 2022, the amount of sorbitol (excluding d-glucitol) exported from Belarus fell dramatically to 254 kg, waning by -24.6% compared with the previous year. Over the period under review, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 96% against the previous year. As a result, the exports reached the peak of 337 kg, and then fell notably in the following year.
In value terms, sorbitol exports reduced rapidly to $226 in 2022. In general, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 97% against the previous year. As a result, the exports reached the peak of $300, and then dropped remarkably in the following year.
| Export of Sorbitol in Belarus (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 129 | 152 | 300 | 226 | 20.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 129 | 152 | 300 | 226 | 20.6% |
Top Export Markets for Sorbitol from Belarus in 2022:
- Russia (254.0 kg)
This report provides an in-depth analysis of the sorbitol 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:
- Prodcom 20595770 - Sorbitol (excluding D-glucitol)
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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