Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Belarus - 2022
Contents:
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Belarus (CIF) - 2022
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Belarus (FOB) - 2022
- Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Belarus
- Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Belarus
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Belarus (CIF) - 2022
In 2022, the average import price for iron or steel; non-threaded cotters and cotter-pinses amounted to $6,613 per ton, shrinking by -6.6% against the previous year. In general, the import price saw a noticeable decline. The most prominent rate of growth was recorded in 2018 when the average import price increased by 64% against the previous year. As a result, import price reached the peak level of $8,594 per ton. From 2019 to 2022, the average 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 Switzerland ($47,979 per ton), while the price for Russia ($1,706 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+2.5%), while the prices for the other major suppliers experienced a decline.
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Belarus (FOB) - 2022
In 2022, the average export price for iron or steel; non-threaded cotters and cotter-pinses amounted to $1,435 per ton, reducing by -23.6% against the previous year. Over the period under review, the export price recorded a pronounced shrinkage. The growth pace was the most rapid in 2021 when the average export price increased by 26% against the previous year. As a result, the export price reached the peak level of $1,879 per ton, and then shrank remarkably in the following year.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +1.3% per year.
Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Belarus
In 2022, supplies from abroad of iron or steel; non-threaded cotters and cotter-pinses decreased by -52.2% to 53 tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2020 when imports increased by 18% against the previous year. As a result, imports reached the peak of 121 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of iron or steel; non-threaded cotters and cotter-pinses contracted sharply to $351K in 2022. In general, imports showed a sharp curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 34% against the previous year. As a result, imports attained the peak of $920K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 300 | 550 | 324 | 152 | -20.3% |
| China | 113 | 108 | 231 | 92.0 | -6.6% |
| Russia | 108 | 88.2 | 58.9 | 33.1 | -32.6% |
| Germany | 56.6 | 42.1 | 58.8 | 23.4 | -25.5% |
| Poland | 32.4 | 23.3 | 22.3 | 10.1 | -32.2% |
| Ukraine | 3.9 | 6.5 | 11.7 | 4.7 | 6.4% |
| India | 5.6 | 8.3 | 11.8 | 4.7 | -5.7% |
| Others | 65.6 | 93.4 | 67.2 | 30.5 | -22.5% |
| Total | 685 | 920 | 785 | 351 | -20.0% |
Top Suppliers of Iron or Steel; Non-Threaded Cotters and Cotter-Pins to Belarus in 2022:
- China (23.2 tons)
- Russia (19.4 tons)
- Switzerland (3.2 tons)
- India (1.7 tons)
- Germany (1.5 tons)
- Poland (0.9 tons)
- Ukraine (0.8 tons)
Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Belarus
In 2022, the amount of iron or steel; non-threaded cotters and cotter-pinses exported from Belarus surged to 371 tons, with an increase of 53% on the year before. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of iron or steel; non-threaded cotters and cotter-pinses skyrocketed to $533K in 2022. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 70% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | N/A | 533 | 0% |
| Russia | 232 | 213 | 389 | N/A | 29.5% |
| Ukraine | 19.5 | 32.5 | 31.3 | N/A | 26.7% |
| Others | 22.6 | 22.0 | 34.8 | N/A | 24.1% |
| Total | 274 | 268 | 455 | 533 | 24.8% |
Top Export Markets for Iron or Steel; Non-Threaded Cotters and Cotter-Pins from Belarus in 2022:
- United Arab Emirates (371.3 tons)
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