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Store → Basic Metals → Basic Iron And Steel → Granules and Powders of Pig Iron
Report Belarus - Granules and Powders of Pig Iron - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: May 1, 2023

Belarus - Granules and Powders of Pig Iron - Market Analysis, Forecast, Size, Trends and Insights

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Belarus: Pig Iron Articles Market 2023

Pig Iron Articles Market Size in Belarus

In 2021, the Belarusian pig iron articles market increased by 1.1% to $X, rising for the fifth year in a row after two years of decline. Over the period under review, the total consumption indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +43.5% against 2016 indices. Pig iron articles consumption peaked in 2021 and is expected to retain growth in the immediate term.

Pig Iron Articles Production in Belarus

In value terms, pig iron articles production stood at $X in 2021 estimated in export price. In general, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 31% against the previous year. Pig iron articles production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Pig Iron Articles Exports

Exports from Belarus

In 2021, shipments abroad of granules and powders of pig iron was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports, however, saw a deep slump. The growth pace was the most rapid in 2018 when exports increased by 43%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, pig iron articles exports surged to $X in 2021. In general, exports, however, saw a abrupt curtailment. The pace of growth was the most pronounced in 2018 with an increase of 53%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for pig iron articles exports from Belarus, accounting for a 36% share of total exports. Moreover, pig iron articles exports to Germany exceeded the volume sent to the second major destination, the UK (X tons), twofold. The third position in this ranking was taken by Russia (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany totaled +1.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+16.5% per year) and Russia (-24.1% per year).

In value terms, Germany ($X) remains the key foreign market for granules and powders of pig iron exports from Belarus, comprising 36% of total exports. The second position in the ranking was held by the UK ($X), with a 15% share of total exports. It was followed by Russia, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to Germany amounted to +1.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+16.9% per year) and Russia (-23.3% per year).

Export Prices by Country

In 2021, the average pig iron articles export price amounted to $X per ton, with an increase of 14% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 17%. The export price peaked in 2021 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the countries with the highest prices were Ukraine ($X per ton) and the UK ($X per ton), while the average price for exports to the Czech Republic ($X per ton) and Russia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.

Pig Iron Articles Imports

Imports into Belarus

In 2021, purchases abroad of granules and powders of pig iron increased by 4.9% to X tons, rising for the second year in a row after two years of decline. In general, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 45% against the previous year. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, pig iron articles imports soared to $X in 2021. Over the period under review, imports, however, recorded a slight decrease. The most prominent rate of growth was recorded in 2017 with an increase of 46% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Russia (X tons), Ukraine (X tons) and Germany (X tons) were the main suppliers of pig iron articles imports to Belarus, with a combined 96% share of total imports. These countries were followed by Romania, which accounted for a further 2%.

From 2012 to 2021, the biggest increases were recorded for Romania (with a CAGR of +419.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constituted the largest supplier of granules and powders of pig iron to Belarus, comprising 60% of total imports. The second position in the ranking was held by Ukraine ($X), with a 27% share of total imports. It was followed by Germany, with a 6.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Russia amounted to +5.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (-8.8% per year) and Germany (+7.1% per year).

Import Prices by Country

In 2021, the average pig iron articles import price amounted to $X per ton, picking up by 24% against the previous year. Overall, the import price, however, showed a mild setback. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+0.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for granules and powders of pig iron in the world?
+
China constituted the country with the largest volume of pig iron articles consumption, accounting for 22% of total volume. Moreover, pig iron articles consumption in China exceeded the figures recorded by the second-largest consumer, Russia, twofold. The third position in this ranking was held by the United States, with a 7.9% share.
What are the largest producers of granules and powders of pig iron in the world?
+
The country with the largest volume of pig iron articles production was China, accounting for 22% of total volume. Moreover, pig iron articles production in China exceeded the figures recorded by the second-largest producer, India, twofold. Russia ranked third in terms of total production with a 9.3% share.
What are the leading suppliers of granules and powders of pig iron to Belarus?
+
In value terms, Russia constituted the largest supplier of granules and powders of pig iron to Belarus, comprising 60% of total imports. The second position in the ranking was taken by Ukraine, with a 27% share of total imports. It was followed by Germany, with a 6.6% share.
What are the leading importers of granules and powders of pig iron from Belarus?
+
In value terms, Germany remains the key foreign market for granules and powders of pig iron exports from Belarus, comprising 36% of total exports. The second position in the ranking was held by the UK, with a 15% share of total exports. It was followed by Russia, with an 11% share.
What is the average export price for granules and powders of pig iron in Belarus?
+
In 2021, the average pig iron articles export price amounted to $665 per ton, picking up by 14% against the previous year.
What is the average import price for granules and powders of pig iron in Belarus?
+
In 2021, the average pig iron articles import price amounted to $920 per ton, picking up by 24% against the previous year.

This report provides an in-depth analysis of the pig iron articles 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 24101410 - Granules and powders, of pig iron, spiegeleisen, iron or steel
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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS  This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

This Chapter is Available Only for the Professional Edition PRO
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
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
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

This Chapter is Available Only for the Professional Edition PRO
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
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
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2012-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
Figure 5:
Trade Balance, In Physical Terms, 2012-2022
Figure 6:
Trade Balance, In Value Terms, 2012-2022
Figure 7:
Per Capita Consumption, 2012-2022
Figure 8:
Market Volume Forecast to 2030
Figure 9:
Market Value Forecast to 2030
Figure 10:
Products: Market Size And Growth, By Type
Figure 11:
Products: Average Per Capita Consumption, By Type
Figure 12:
Products: Exports And Growth, By Type
Figure 13:
Products: Export Prices And Growth, By Type
Figure 14:
Production Volume And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2012–2022
Figure 22:
Production, In Value Terms, 2012–2022
Figure 23:
Imports, In Physical Terms, 2012–2022
Figure 24:
Imports, In Value Terms, 2012–2022
Figure 25:
Imports, In Physical Terms, By Country, 2022
Figure 26:
Imports, In Physical Terms, By Country, 2012–2022
Figure 27:
Imports, In Value Terms, By Country, 2012–2022
Figure 28:
Import Prices, By Country Of Origin, 2012–2022
Figure 29:
Exports, In Physical Terms, 2012–2022
Figure 30:
Exports, In Value Terms, 2012–2022
Figure 31:
Exports, In Physical Terms, By Country, 2022
Figure 32:
Exports, In Physical Terms, By Country, 2012–2022
Figure 33:
Exports, In Value Terms, By Country, 2012–2022
Figure 34:
Export Prices, By Country Of Destination, 2012–2022
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