Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Belarus - 2022

Contents:

  1. Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Belarus (CIF) - 2022
  2. Imports of Articles of Precious Metal or of Metal Clad with Precious Metal in Belarus

Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Belarus (CIF) - 2022

In 2022, the average import price for articles of precious metal or of metal clad with precious metal amounted to $3,727,580 per ton, rising by 7.9% against the previous year. In general, the import price enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when the average import price increased by 174%. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($5,821,856 per ton), while the price for Italy ($21,854 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+33.9%), while the prices for the other major suppliers experienced a decline.

Imports of Articles of Precious Metal or of Metal Clad with Precious Metal in Belarus

Imports of articles of precious metal or of metal clad with precious metal into Belarus fell to 16 tons in 2022, which is down by -14.8% against 2021. In general, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 14%.

In value terms, imports of articles of precious metal or of metal clad with precious metal declined to $59M in 2022. Overall, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 101%. As a result, imports attained the peak of $64M, and then reduced in the following year.

Import of Articles of Precious Metal or of Metal Clad with Precious Metal in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia13.628.961.557.461.6%
Germany3.32.82.31.2-28.6%
ItalyN/AN/AN/AN/A0%
Others0.1N/AN/A0.10.0%
Total17.031.863.858.751.1%

Top Suppliers of Articles of Precious Metal or of Metal Clad with Precious Metal to Belarus in 2022:

  1. Russia (9.9 tons)
  2. Germany (5.1 tons)
  3. Italy (0.7 tons)

Source: IndexBox Market Intelligence Platform

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