Cerium Compounds Price in Belarus - 2022

Contents:

  1. Cerium Compounds Price in Belarus (CIF) - 2022
  2. Cerium Compounds Price in Belarus (FOB) - 2022
  3. Cerium Compounds Imports in Belarus
  4. Cerium Compounds Exports in Belarus

Cerium Compounds Price in Belarus (CIF) - 2022

In 2022, the average cerium compounds import price amounted to $11,393 per ton, falling by -24.3% against the previous year. Over the period under review, the import price showed a abrupt downturn. The pace of growth appeared the most rapid in 2018 an increase of 50% against the previous year. Over the period under review, average import prices attained the maximum at $38,328 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lithuania ($38,444 per ton), while the price for Poland ($3,428 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+4.4%), while the prices for the other major suppliers experienced a decline.

Cerium Compounds Price in Belarus (FOB) - 2022

The average cerium compounds export price stood at $24,286 per ton in 2022, surging by 16% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 110%. As a result, the export price attained the peak level of $29,966 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +0.1% per year.

Cerium Compounds Imports in Belarus

In 2022, cerium compounds imports into Belarus contracted to 6.5 tons, waning by -9.5% against the previous year's figure. Over the period under review, imports, however, enjoyed a strong increase. The growth pace was the most rapid in 2021 when imports increased by 163% against the previous year. As a result, imports attained the peak of 7.1 tons, and then dropped in the following year.

In value terms, cerium compounds imports fell rapidly to $74K in 2022. Overall, imports recorded a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 170% against the previous year.

Import of Cerium Compounds in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy19.07.913.315.7-6.2%
Russia4.94.413.614.744.2%
Austria29.08.48.913.6-22.3%
Lithuania8.02.927.04.8-15.7%
Poland7.92.94.44.7-15.9%
France9.43.34.74.7-20.6%
China9.72.53.14.4-23.2%
Others21.77.432.511.1-20.0%
Total11039.810773.6-12.5%

Top Suppliers of Cerium Compounds to Belarus in 2022:

  1. Italy (2064.0 kg)
  2. Poland (1378.0 kg)
  3. Russia (937.0 kg)
  4. China (931.0 kg)
  5. Austria (475.0 kg)
  6. France (259.0 kg)
  7. Lithuania (124.0 kg)

Cerium Compounds Exports in Belarus

In 2022, approx. 1.2 tons of cerium compoundses were exported from Belarus; shrinking by -20.6% against 2021. Over the period under review, exports saw a abrupt contraction. The growth pace was the most rapid in 2021 when exports increased by 70%.

In value terms, cerium compounds exports reduced to $29K in 2022. The total export value increased at an average annual rate of +10.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 23%.

Export of Cerium Compounds in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia5.026.431.428.979.5%
Lithuania5.3N/AN/AN/A0%
Others11.1N/AN/AN/A0%
Total21.426.431.428.910.5%

Top Export Markets for Cerium Compounds from Belarus in 2022:

  1. Russia (1.2 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Cerium compounds - Belarus