Carbonates; Strontium Carbonate Price in Belarus - 2022

Carbonates; Strontium Carbonate Price in Belarus (CIF) - 2022

The average carbonates; strontium carbonate import price stood at $1,002 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 9.6% against the previous year. Over the period under review, average import prices attained the peak figure at $1,063 per ton in 2014; however, from 2015 to 2022, 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 Russia ($9,400 per ton), while the price for China ($950 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+23.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Carbonates; Strontium Carbonate Price in Belarus (FOB) - 2022

In 2022, the average carbonates; strontium carbonate export price amounted to $900 per ton, waning by -1.8% against the previous year. Over the period under review, the export price showed a mild setback. The pace of growth appeared the most rapid in 2021 when the average export price decreased by -0.9% against the previous year. Over the period under review, the average export prices hit record highs at $933 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Lithuania.

From 2019 to 2022, the rate of growth in terms of prices for Lithuania amounted to -1.2% per year.

Carbonates; Strontium Carbonate Imports in Belarus

For the fourth consecutive year, Belarus recorded growth in purchases abroad of carbonates; strontium carbonates, which increased by 1.6% to 2.9 tons in 2022. The total import volume increased at an average annual rate of +9.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2020 with an increase of 23% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, carbonates; strontium carbonate imports amounted to $2.9K in 2022. The total import value increased at an average annual rate of +9.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 16% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Carbonates; Strontium Carbonate in Belarus (USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	1,031	1,236	1,453	1,507	13.5%
China	1,049	1,169	1,277	1,231	5.5%
Lithuania	94.0	108	123	122	9.1%
Others	27.0	36.0	46.0	48.0	21.1%
Total	2,201	2,549	2,899	2,908	9.7%

Top Suppliers of Carbonates; Strontium Carbonate to Belarus in 2022:

Germany (1472.0 kg)
China (1296.0 kg)
Lithuania (128.0 kg)

Carbonates; Strontium Carbonate Exports in Belarus

For the third year in a row, Belarus recorded decline in shipments abroad of carbonates; strontium carbonates, which decreased by -42.3% to 1 tons in 2022. In general, exports continue to indicate a precipitous descent. The smallest decline of -24% was in 2020.

In value terms, carbonates; strontium carbonate exports fell sharply to $900 in 2022. Overall, exports recorded a precipitous descent. The smallest decline of -24.7% was in 2020.