Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Belarus - 2022

Contents:

1. Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Belarus (CIF) - 2022
2. Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Belarus (FOB) - 2022
3. Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Belarus
4. Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Belarus

Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Belarus (CIF) - 2022

The average import price for footwear; parts, outer soles and heels, of rubber or plasticses stood at $7,580 per ton in March 2022, growing by 3.5% against the previous month. Over the period from March 2021 to March 2022, it increased at an average monthly rate of +2.8%. The growth pace was the most rapid in December 2021 when the average import price increased by 24% m-o-m. Over the period under review, average import prices hit record highs at $7,816 per ton in January 2022; however, from February 2022 to March 2022, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was China ($10,662 per ton), while the price for Turkey ($1,424 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 China (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Belarus (FOB) - 2022

The average export price for footwear; parts, outer soles and heels, of rubber or plasticses stood at $5,026 per ton in 2022, growing by 67% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $5,056 per ton in 2012; however, from 2013 to 2022, the 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.

Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Belarus

For the third consecutive year, Belarus recorded decline in purchases abroad of footwear; parts, outer soles and heels, of rubber or plasticses, which decreased by -44.3% to 1.1K tons in 2022. In general, imports continue to indicate a precipitous contraction. The smallest decline of -1% was in 2021.

In value terms, imports of footwear; parts, outer soles and heels, of rubber or plasticses dropped notably to $10M in 2022. Overall, imports continue to indicate a abrupt contraction. The smallest decline of -1.4% was in 2021.

Top Suppliers of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics to Belarus in 2022:

1. China (414.3 tons)
2. Ukraine (285.8 tons)
3. Poland (144.6 tons)
4. Turkey (88.5 tons)
5. Russia (88.1 tons)
6. Italy (74.8 tons)

Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Belarus

In 2022, shipments abroad of footwear; parts, outer soles and heels, of rubber or plasticses decreased by -95.4% to 39 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports saw a dramatic curtailment. The growth pace was the most rapid in 2020 with an increase of 22%.

In value terms, exports of footwear; parts, outer soles and heels, of rubber or plasticses reduced markedly to $194K in 2022. Overall, exports saw a precipitous shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 33% against the previous year.

Top Export Markets for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics from Belarus in 2022:

1. Russia (38.5 tons)

Source: IndexBox Market Intelligence Platform