Price for Chain and Parts Thereof, of Iron or Steel in Belarus - 2022
Contents:
- Price for Chain and Parts Thereof, of Iron or Steel in Belarus (CIF) - 2022
- Price for Chain and Parts Thereof, of Iron or Steel in Belarus (FOB) - 2022
- Imports of Chain and Parts Thereof, of Iron or Steel in Belarus
- Exports of Chain and Parts Thereof, of Iron or Steel in Belarus
Price for Chain and Parts Thereof, of Iron or Steel in Belarus (CIF) - 2022
In March 2022, the average import price for chain and parts thereof, of iron or steel amounted to $3,736 per ton, reducing by -18.1% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2022 when the average import price increased by 34% month-to-month. The import price peaked at $4,973 per ton in August 2021; however, from September 2021 to March 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Turkey ($21,818 per ton), while the price for Russia ($2,626 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Turkey (+19.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Chain and Parts Thereof, of Iron or Steel in Belarus (FOB) - 2022
In March 2022, the average export price for chain and parts thereof, of iron or steel amounted to $6,428 per ton, which is down by -10.8% against the previous month. Overall, export price indicated a moderate increase from March 2021 to March 2022: its price increased at an average monthly rate of +3.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, export price for chain and parts thereof, of iron or steel increased by +12.9% against December 2021 indices. The pace of growth appeared the most rapid in May 2021 when the average export price increased by 152% month-to-month. As a result, the export price reached the peak level of $9,849 per ton. From June 2021 to March 2022, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Kazakhstan ($14,540 per ton), while the average price for exports to Ukraine ($1,437 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+18.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Chain and Parts Thereof, of Iron or Steel in Belarus
In 2022, the amount of chain and parts thereof, of iron or steel imported into Belarus contracted markedly to 2.5K tons, waning by -46.6% compared with the year before. In general, imports faced a precipitous decline. The smallest decline of -2.7% was in 2020.
In value terms, imports of chain and parts thereof, of iron or steel fell significantly to $8.4M in 2022. Overall, imports faced a sharp decrease. The smallest decline of -2.3% was in 2020.
| Import of Chain and Parts Thereof, of Iron or Steel in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 6.2 | 5.1 | 5.6 | 2.8 | -23.3% |
| China | 3.1 | 3.2 | 2.8 | 1.4 | -23.3% |
| Germany | 2.2 | 2.8 | 2.1 | 1.1 | -20.6% |
| Ukraine | 0.7 | 0.7 | 0.7 | 0.3 | -24.6% |
| Poland | 1.2 | 0.9 | 0.6 | 0.3 | -37.0% |
| Finland | 0.4 | 0.5 | 0.6 | 0.3 | -9.1% |
| Turkey | 0.2 | 0.1 | 0.3 | 0.1 | -20.6% |
| Others | 4.2 | 4.4 | 3.6 | 2.0 | -21.9% |
| Total | 18.3 | 17.9 | 16.3 | 8.4 | -22.9% |
Top Suppliers of Chain and Parts Thereof, of Iron or Steel to Belarus in 2022:
- Russia (1124.5 tons)
- China (756.3 tons)
- Ukraine (156.6 tons)
- Finland (80.9 tons)
- Germany (66.9 tons)
- Poland (57.8 tons)
- Turkey (41.7 tons)
Exports of Chain and Parts Thereof, of Iron or Steel in Belarus
In 2022, approx. 59 tons of chain and parts thereof, of iron or steel were exported from Belarus; falling by -94.1% compared with 2021 figures. In general, exports recorded a dramatic setback. The most prominent rate of growth was recorded in 2021 when exports increased by 6.8%.
In value terms, exports of chain and parts thereof, of iron or steel contracted rapidly to $470K in 2022. Overall, exports faced a dramatic contraction. The pace of growth was the most pronounced in 2021 with an increase of 12% against the previous year. As a result, the exports reached the peak of $4.6M, and then declined markedly in the following year.
| Export of Chain and Parts Thereof, of Iron or Steel in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 2,787 | 2,915 | 3,732 | 355 | -49.7% |
| Ukraine | 1,119 | 534 | 340 | 65.3 | -61.2% |
| Kazakhstan | 281 | 85.3 | 180 | 18.2 | -59.8% |
| Latvia | 35.4 | 139 | 59.0 | 6.5 | -43.2% |
| Others | 121 | 434 | 286 | 25.5 | -40.5% |
| Total | 4,344 | 4,107 | 4,597 | 470 | -52.3% |
Top Export Markets for Chain and Parts Thereof, of Iron or Steel from Belarus in 2022:
- Russia (49.9 tons)
- Ukraine (4.7 tons)
- Kazakhstan (2.0 tons)
- Latvia (1.0 tons)
309
This report provides an in-depth analysis of the metal link chain market in Belarus.
369
This report provides an in-depth analysis of the metal chain market in Belarus.
273
This report provides an in-depth analysis of the market for metal link chain parts in Belarus.
218
This report provides an in-depth analysis of the metal skid chain market in Belarus.
272
This report provides an in-depth analysis of the metal stud-link chain market in Belarus.
233
This report provides an in-depth analysis of the metal chain parts market in Belarus.
221
This report provides an in-depth analysis of the market for metal welded link chain in Belarus.
448
This report provides an in-depth analysis of the transmission shaft market in Belarus.
441
This report provides an in-depth analysis of the global metal link chain market.
713
This report provides an in-depth analysis of the global metal chain market.
141
Explore the top import markets for transmission shaft in 2023, including the United States, Germany, China, and more. Learn about the key players in this industry and their import values.
1368
In value terms, transmission shafts and cranks imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend patter...
934
In value terms, transmission shafts and cranks exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some not...
1239
In 2016, approx. X tons of transmission shaft were imported worldwide- dropping by -X% against the previous year level. Overall, transmission shaft imports continue to indicate a relatively fla...
904
In 2016, approx. X tons of transmission shaft were imported worldwide- dropping by -X% against the previous year level. Overall, transmission shaft imports continue to indicate a relatively fla...
141
Explore the top import markets for transmission shaft in 2023, including the United States, Germany, China, and more. Learn about the key players in this industry and their import values.
1368
In value terms, transmission shafts and cranks imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend patter...
934
In value terms, transmission shafts and cranks exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some not...
1239
In 2016, approx. X tons of transmission shaft were imported worldwide- dropping by -X% against the previous year level. Overall, transmission shaft imports continue to indicate a relatively fla...
904
In 2016, approx. X tons of transmission shaft were imported worldwide- dropping by -X% against the previous year level. Overall, transmission shaft imports continue to indicate a relatively fla...
