Starches; Inulin Price in Belarus - 2022
Contents:
- Starches; Inulin Price in Belarus (CIF) - 2022
- Starches; Inulin Price in Belarus (FOB) - 2022
- Starches; Inulin Imports in Belarus
- Starches; Inulin Exports in Belarus
Starches; Inulin Price in Belarus (CIF) - 2022
The average starches; inulin import price stood at $597 per ton in 2022, surging by 24% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The import price peaked at $684 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($1,267 per ton), while the price for Ukraine ($416 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Starches; Inulin Price in Belarus (FOB) - 2022
The average starches; inulin export price stood at $869 per ton in March 2022, declining by -13.9% against the previous month. In general, export price indicated a temperate expansion from March 2021 to March 2022: its price increased at an average monthly rate of +2.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, starches; inulin export price decreased by -18.4% against January 2022 indices. The pace of growth was the most pronounced in November 2021 an increase of 15% month-to-month. The export price peaked at $1,065 per ton in January 2022; however, from February 2022 to March 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In March 2022, the country with the highest price was Kazakhstan ($1,202 per ton), while the average price for exports to Russia totaled $838 per ton.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.
Starches; Inulin Imports in Belarus
Starches; inulin imports into Belarus skyrocketed to 26K tons in 2022, jumping by 67% against 2021 figures. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, starches; inulin imports surged to $16M in 2022. Overall, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Starches; Inulin in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 3.4 | 3.3 | 4.3 | 8.3 | 34.6% |
| Poland | 0.7 | 0.4 | 2.1 | 4.0 | 78.8% |
| Ukraine | 0.6 | 0.9 | 0.3 | 1.1 | 22.4% |
| Vietnam | 1.4 | 0.2 | 0.1 | 1.1 | -7.7% |
| Germany | 0.5 | 0.4 | 0.4 | 0.8 | 17.0% |
| Czech Republic | 0.2 | 0.1 | 0.1 | 0.3 | 14.5% |
| Thailand | 0.6 | 0.1 | N/A | N/A | -83.3% |
| Others | 0.1 | 0.1 | 0.3 | 0.2 | 26.0% |
| Total | 7.5 | 5.5 | 7.6 | 15.8 | 28.2% |
Top Suppliers of Starches; Inulin to Belarus in 2022:
- Russia (16.0K tons)
- Poland (5.2K tons)
- Ukraine (2.7K tons)
- Vietnam (1.4K tons)
- Germany (0.6K tons)
- Czech Republic (0.5K tons)
Starches; Inulin Exports in Belarus
Starches; inulin exports from Belarus contracted markedly to 5.9K tons in 2022, dropping by -40.2% compared with the previous year. Overall, exports recorded a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 13% against the previous year.
In value terms, starches; inulin exports shrank to $6.2M in 2022. In general, exports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 14% against the previous year.
| Export of Starches; Inulin in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 4.7 | 3.6 | 5.2 | 4.2 | -3.7% |
| Ukraine | 2.7 | 0.8 | 0.1 | 0.9 | -30.7% |
| Kazakhstan | 1.2 | 1.1 | 0.5 | 0.7 | -16.4% |
| Uzbekistan | 0.3 | 0.4 | 0.4 | 0.3 | 0.0% |
| Others | 0.6 | 0.2 | 0.6 | 0.1 | -45.0% |
| Total | 9.4 | 6.0 | 6.8 | 6.2 | -13.0% |
Top Export Markets for Starches; Inulin from Belarus in 2022:
- Russia (4.1K tons)
- Ukraine (0.8K tons)
- Kazakhstan (0.6K tons)
- Uzbekistan (0.3K tons)
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