Belarus - Thiosulphates - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Belarus - Thiosulphates - Market Analysis, Forecast, Size, Trends And Insights

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Thiosulphates Price in Belarus - 2022

Contents:

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

Thiosulphates Price in Belarus (CIF) - 2022

The average thiosulphates import price stood at $342 per ton in March 2022, with a decrease of -2.9% against the previous month. Over the period under review, the import price continues to indicate a mild reduction. The pace of growth appeared the most rapid in January 2022 when the average import price increased by 7.6% against the previous month. As a result, import price reached the peak level of $432 per ton. From February 2022 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 France ($788 per ton), while the price for Russia stood at $265 per ton.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by France (+5.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Thiosulphates Price in Belarus (FOB) - 2022

The average thiosulphates export price stood at $1,852 per ton in 2022, reducing by -73.6% against the previous year. In general, the export price, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2021 an increase of 285%. As a result, the export price attained the peak level of $7,005 per ton, and then reduced dramatically in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($3,318 per ton), while the average price for exports to Russia totaled $1,812 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+106.8%), while the prices for the other major destinations experienced mixed trend patterns.

Thiosulphates Imports in Belarus

For the fourth year in a row, Belarus recorded growth in purchases abroad of thiosulphates, which increased by 22% to 3.7K tons in 2022. Over the period under review, imports posted significant growth. The growth pace was the most rapid in 2020 with an increase of 37% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, thiosulphates imports surged to $1.4M in 2022. Overall, imports recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 37% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

Import of Thiosulphates in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia56171884986115.3%
Lithuania4.09.911.5155238.4%
China14195.361.9126-3.7%
Netherlands0.812.133.759.7321.0%
FranceN/AN/A95.0N/A0%
Others11.87.3105238172.2%
Total7188421,1561,43926.1%

Top Suppliers of Thiosulphates to Belarus in 2022:

  1. Russia (2445.1 tons)
  2. China (443.1 tons)
  3. Lithuania (272.7 tons)
  4. Netherlands (103.4 tons)

Thiosulphates Exports in Belarus

After two years of decline, overseas shipments of thiosulphates increased by 286% to 54 kg in 2022. Over the period under review, exports, however, recorded a dramatic slump.

In value terms, thiosulphates exports totaled $100 in 2022. Overall, exports, however, continue to indicate a dramatic downturn. The smallest decline of -98.4% was in 2020.

Export of Thiosulphates in Belarus (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia18381.06.095.0-19.6%
Lithuania95.019.0N/A5.0-62.5%
Ukraine5,822N/A94.0N/A-87.3%
OthersN/AN/AN/AN/A0%
Total6,100100100100-74.6%

Top Export Markets for Thiosulphates from Belarus in 2022:

  1. Russia (53.0 kg)
  2. Lithuania (1.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the thiosulphates 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 20134135 - Thiosulphates

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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