Report Belarus - Sulphuric Acid and Oleum - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jun 26, 2022

Belarus - Sulphuric Acid and Oleum - Market Analysis, Forecast, Size, Trends and Insights
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Belarus: Sulphuric Acid Market 2022

Sulphuric Acid Market Size in Belarus

In 2021, the Belarusian sulphuric acid market increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption, however, showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Sulphuric Acid Production in Belarus

In value terms, sulphuric acid production reached $X in 2021 estimated in export price. Over the period under review, production, however, saw a slight reduction. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, production attained the peak level of $X. From 2018 to 2021, production growth remained at a somewhat lower figure.

Sulphuric Acid Exports

Exports from Belarus

In 2021, shipments abroad of sulphuric acid and oleum decreased by -X% to X tons, falling for the third year in a row after five years of growth. In general, exports saw a abrupt curtailment. The growth pace was the most rapid in 2018 with an increase of X%. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports remained at a lower figure.

In value terms, sulphuric acid exports declined sharply to $X in 2021. Overall, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Ukraine (X tons) was the main destination for sulphuric acid exports from Belarus, accounting for a X% share of total exports. Moreover, sulphuric acid exports to Ukraine exceeded the volume sent to the second major destination, Lithuania (X tons), fivefold. The third position in this ranking was occupied by Russia (X tons), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Ukraine totaled -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, Ukraine ($X) remains the key foreign market for sulphuric acid exports from Belarus, comprising X% of total exports. The second position in the ranking was occupied by Russia ($X), with a X% share of total exports. It was followed by Estonia, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Ukraine totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+X% per year) and Estonia (-X% per year).

Export Prices by Country

The average sulphuric acid export price stood at $X per ton in 2021, picking up by X% against the previous year. In general, export price indicated a prominent increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, sulphuric acid export price increased by +X% against 2018 indices. The growth pace was the most rapid in 2013 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, 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 2021, 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 more modest paces of growth.

Sulphuric Acid Imports

Imports into Belarus

In 2021, overseas purchases of sulphuric acid and oleum increased by X% to X tons, rising for the fifth consecutive year after three years of decline. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, sulphuric acid imports skyrocketed to $X in 2021. Over the period under review, imports saw a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Russia (X tons) was the main supplier of sulphuric acid to Belarus, with a approx. X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Russia totaled +X%.

In value terms, Russia ($X) constituted the largest supplier of sulphuric acid to Belarus.

From 2012 to 2021, the average annual rate of growth in terms of value from Russia stood at +X%.

Import Prices by Country

In 2021, the average sulphuric acid import price amounted to $X per ton, falling by -X% against the previous year. Over the period under review, the import price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Russia amounted to -X% per year.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for sulphuric acid and oleum in the world?
+
The country with the largest volume of sulphuric acid consumption was China, comprising approx. 25% of total volume. Moreover, sulphuric acid consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. Russia ranked third in terms of total consumption with a 9.3% share.
What are the largest producers of sulphuric acid and oleum in the world?
+
China constituted the country with the largest volume of sulphuric acid production, accounting for 27% of total volume. Moreover, sulphuric acid production in China exceeded the figures recorded by the second-largest producer, Russia, threefold. The United States ranked third in terms of total production with a 9.9% share.
What are the leading suppliers of sulphuric acid and oleum to Belarus?
+
In value terms, Russia constituted the largest supplier of sulphuric acid to Belarus.
What are the leading importers of sulphuric acid and oleum from Belarus?
+
In value terms, Ukraine remains the key foreign market for sulphuric acid exports from Belarus, comprising 62% of total exports. The second position in the ranking was occupied by Russia, with a 20% share of total exports. It was followed by Estonia, with a 7.1% share.
What is the average export price for sulphuric acid and oleum in Belarus?
+
In 2021, the average sulphuric acid export price amounted to $73 per ton, growing by 28% against the previous year.
What is the average import price for sulphuric acid and oleum in Belarus?
+
In 2021, the average sulphuric acid import price amounted to $349 per ton, with a decrease of -5.5% against the previous year.

This report provides an in-depth analysis of the sulphuric acid 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 20132434 - Sulphuric acid, oleum
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
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

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 PRODUCTS

Finding New Products to Diversify Your Business

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

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

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 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
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

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2012–2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012–2021
Figure 5:
Trade Balance, In Physical Terms, 2012–2021
Figure 6:
Trade Balance, In Value Terms, 2012–2021
Figure 7:
Per Capita Consumption, 2012–2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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