Belarus: Market for Chromium, Manganese, Lead and Copper Oxides and Hydroxides 2024

Market Size for Chromium, Manganese, Lead and Copper Oxides and Hydroxides in Belarus

In 2023, after four years of growth, there was significant decline in the Belarusian market for chromium, manganese, lead and copper oxides and hydroxides, when its value decreased by X% to $X. Overall, consumption continues to indicate a abrupt slump. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Exports of Chromium, Manganese, Lead and Copper Oxides and Hydroxides

Exports from Belarus

Exports of chromium, manganese, lead and copper oxides and hydroxides from Belarus reached X tons in 2023, picking up by X% compared with the previous year. Over the period under review, exports showed significant growth. The growth pace was the most rapid in 2014 with an increase of X%. The exports peaked at X tons in 2017; however, from 2018 to 2023, the exports remained at a lower figure.

In value terms, exports of chromium, manganese, lead and copper oxides and hydroxides dropped to $X in 2023. In general, exports enjoyed a resilient increase. The pace of growth was the most pronounced in 2014 when exports increased by X%. Over the period under review, the exports of attained the maximum at $X in 2017; however, from 2018 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Egypt (X tons) was the main destination for exports of chromium, manganese, lead and copper oxides and hydroxides from Belarus, accounting for a X% share of total exports. Moreover, exports of chromium, manganese, lead and copper oxides and hydroxides to Egypt exceeded the volume sent to the second major destination, Lithuania (X tons), fourfold.

From 2012 to 2023, the average annual rate of growth in terms of volume to Egypt stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (X% per year) and Russia (X% per year).

In value terms, Egypt ($X) remains the key foreign market for chromium, manganese, lead and copper oxides and hydroxides exports from Belarus, comprising X% of total exports. The second position in the ranking was held by Russia ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value to Egypt stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and Lithuania (X% per year).

Export Prices by Country

The average export price for chromium, manganese, lead and copper oxides and hydroxides stood at $X per ton in 2023, which is down by X% against the previous year. Over the period under review, the export price saw a abrupt decrease. The pace of growth was the most pronounced in 2017 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (X%), while the prices for the other major destinations experienced a decline.

Imports of Chromium, Manganese, Lead and Copper Oxides and Hydroxides

Imports into Belarus

In 2023, after four years of growth, there was significant decline in supplies from abroad of chromium, manganese, lead and copper oxides and hydroxides, when their volume decreased by X% to X tons. Overall, imports showed a perceptible downturn. The pace of growth was the most pronounced in 2022 when imports increased by X%. As a result, imports attained the peak of X tons, and then contracted significantly in the following year.

In value terms, imports of chromium, manganese, lead and copper oxides and hydroxides shrank remarkably to $X in 2023. In general, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2022 when imports increased by X% against the previous year. Over the period under review, imports of attained the peak figure at $X in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Norway (X tons) constituted the largest supplier of chromium, manganese, lead and copper oxide and hydroxide to Belarus, accounting for a X% share of total imports. Moreover, imports of chromium, manganese, lead and copper oxides and hydroxides from Norway exceeded the figures recorded by the second-largest supplier, South Africa (X tons), twofold. The third position in this ranking was held by Russia (X tons), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from Norway stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (X% per year) and Russia (X% per year).

In value terms, South Africa ($X), Russia ($X) and Norway ($X) constituted the largest chromium, manganese, lead and copper oxide and hydroxide suppliers to Belarus, together accounting for X% of total imports.

In terms of the main suppliers, Norway, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for chromium, manganese, lead and copper oxides and hydroxides stood at $X per ton in 2023, surging by X% against the previous year. Overall, the import price, however, continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lithuania ($X per ton), while the price for Norway ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform