Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Belarus - 2022

Contents:

1. Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Belarus (CIF) - 2022
2. Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Belarus (FOB) - 2022
3. Imports of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Belarus
4. Exports of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Belarus

Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Belarus (CIF) - 2022

In 2022, the average import price for tube or pipe fittings of non-malleable cast iron amounted to $2,242 per ton, growing by 5.3% against the previous year. Overall, the import price, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2017 an increase of 12% against the previous year. The import price peaked at $5,255 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($2,602 per ton), while the price for Ukraine ($1,036 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-2.6%), while the prices for the other major suppliers experienced a decline.

Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Belarus (FOB) - 2022

The average export price for tube or pipe fittings of non-malleable cast iron stood at $4,305 per ton in 2022, jumping by 37% against the previous year. Overall, the export price recorded buoyant growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by 147%. As a result, the export price reached the peak level of $4,736 per ton. From 2020 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($13,720 per ton), while the average price for exports to Russia stood at $3,618 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+41.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Belarus

In 2022, the amount of tube or pipe fittings of non-malleable cast iron imported into Belarus reduced sharply to 297 tons, with a decrease of -19.2% compared with 2021 figures. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +8.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +29.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 60% against the previous year. As a result, imports attained the peak of 368 tons, and then dropped significantly in the following year.

In value terms, imports of tube or pipe fittings of non-malleable cast iron shrank to $666K in 2022. The total import value increased at an average annual rate of +2.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 47%. As a result, imports attained the peak of $783K, and then reduced in the following year.

Top Suppliers of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron to Belarus in 2022:

1. Russia (145.6 tons)
2. China (81.6 tons)
3. Ukraine (62.8 tons)

Exports of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Belarus

Exports of tube or pipe fittings of non-malleable cast iron from Belarus shrank notably to 1.2 tons in 2022, waning by -66.4% compared with the previous year. In general, exports saw a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 238% against the previous year. As a result, the exports attained the peak of 3.6 tons, and then contracted rapidly in the following year.

In value terms, exports of tube or pipe fittings of non-malleable cast iron fell notably to $5.2K in 2022. Overall, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 176%. As a result, the exports reached the peak of $11K, and then reduced markedly in the following year.

Top Export Markets for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron from Belarus in 2022:

1. Russia (1124.0 kg)
2. Poland (82.0 kg)

Source: IndexBox Market Intelligence Platform