Sulphites; Thiosulphates Price in Belarus - 2022

Contents:

  1. Sulphites; Thiosulphates Price in Belarus (FOB) - 2022
  2. Sulphites; Thiosulphates Price in Belarus (CIF) - 2022
  3. Sulphites; Thiosulphates Exports in Belarus
  4. Sulphites; Thiosulphates Imports in Belarus

Sulphites; Thiosulphates Price in Belarus (FOB) - 2022

In March 2022, the average sulphites; thiosulphates export price amounted to $405 per ton, with an increase of 22% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.7%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Russia.

From March 2021 to March 2022, the rate of growth in terms of prices for Russia amounted to +1.1% per month.

Sulphites; Thiosulphates Price in Belarus (CIF) - 2022

The average sulphites; thiosulphates import price stood at $397 per ton in March 2022, approximately equating the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2021 when the average import price increased by 28% m-o-m. As a result, import price reached the peak level of $493 per ton. From November 2021 to March 2022, the average import prices remained at a 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 China ($848 per ton), while the price for Russia ($265 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 China (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphites; Thiosulphates Exports in Belarus

In 2022, approx. 5.4K tons of sulphites; thiosulphateses were exported from Belarus; falling by -41% compared with the previous year. Overall, exports showed a pronounced shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 62%. As a result, the exports attained the peak of 9.2K tons, and then plummeted in the following year.

In value terms, sulphites; thiosulphates exports shrank significantly to $2M in 2022. In general, exports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2021 when exports increased by 33%. As a result, the exports attained the peak of $2.8M, and then fell markedly in the following year.

Export of Sulphites; Thiosulphates in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia2,3901,5411,5181,774-9.5%
Poland19161.522.489.4-22.4%
Ukraine98.845.236.458.7-15.9%
Czech Republic21.551.652.552.034.2%
Romania32.134.239.539.16.8%
KazakhstanN/A3771,143N/A203.2%
Others6.211.86.17.67.0%
Total2,7402,1222,8182,021-9.6%

Top Export Markets for Sulphites; Thiosulphates from Belarus in 2022:

  1. Russia (4807.0 tons)
  2. Poland (244.6 tons)
  3. Czech Republic (162.9 tons)
  4. Romania (110.8 tons)
  5. Ukraine (93.2 tons)

Sulphites; Thiosulphates Imports in Belarus

For the fourth year in a row, Belarus recorded growth in supplies from abroad of sulphites; thiosulphateses, which increased by 30% to 4K tons in 2022. Overall, imports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 38% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, sulphites; thiosulphates imports skyrocketed to $1.7M in 2022. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 35%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Sulphites; Thiosulphates in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia6555711,0041,29025.3%
China98.030911121930.7%
Turkey39.240.149.463.517.4%
Others77.285.918985.83.6%
Total8701,0061,3541,65824.0%

Top Suppliers of Sulphites; Thiosulphates to Belarus in 2022:

  1. Russia (3193.1 tons)
  2. China (647.6 tons)
  3. Turkey (88.3 tons)

Source: IndexBox Market Intelligence Platform

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