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Belarus - Remelting Scrap Ingots Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Metal Remelting Scrap Ingots in Belarus - 2022
Contents:
- Price for Metal Remelting Scrap Ingots in Belarus (CIF) - 2022
- Price for Metal Remelting Scrap Ingots in Belarus (FOB) - 2022
- Imports of Metal Remelting Scrap Ingots in Belarus
- Exports of Metal Remelting Scrap Ingots in Belarus
Price for Metal Remelting Scrap Ingots in Belarus (CIF) - 2022
The average metal remelting scrap ingots import price stood at $426 per ton in 2022, shrinking by -5.7% against the previous year. Overall, import price indicated a prominent increase from 2019 to 2022: its price increased at an average annual rate of +8.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal remelting scrap ingots import price increased by +45.9% against 2020 indices. The growth pace was the most rapid in 2021 when the average import price increased by 55%. As a result, import price attained the peak level of $451 per ton, and then reduced in the following year.
As there is only one major supplying country, the average price level is determined by prices for Russia.
From 2019 to 2022, the rate of growth in terms of prices for Russia amounted to +8.8% per year.
Price for Metal Remelting Scrap Ingots in Belarus (FOB) - 2022
In 2022, the average metal remelting scrap ingots export price amounted to $4,447 per ton, falling by -6.7% against the previous year. Overall, the export price, however, showed buoyant growth. The growth pace was the most rapid in 2013 when the average export price increased by 46%. The export price peaked at $4,767 per ton in 2021, and then fell in the following year.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +11.9% per year.
Imports of Metal Remelting Scrap Ingots in Belarus
In 2022, purchases abroad of remelting scrap ingots of iron or steel decreased by -40.5% to 91K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 425%. As a result, imports attained the peak of 153K tons, and then dropped dramatically in the following year.
In value terms, metal remelting scrap ingots imports contracted notably to $39M in 2022. Over the period under review, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 711% against the previous year. As a result, imports attained the peak of $69M, and then contracted remarkably in the following year.
Import of Metal Remelting Scrap Ingots in Belarus (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 5.2 | 8.5 | 69.0 | 38.7 | 95.2% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 5.2 | 8.5 | 69.0 | 38.7 | 95.2% |
Top Suppliers of Metal Remelting Scrap Ingots to Belarus in 2022:
- Russia (91.0K tons)
Exports of Metal Remelting Scrap Ingots in Belarus
In 2022, overseas shipments of remelting scrap ingots of iron or steel were finally on the rise to reach 12 tons after two years of decline. Overall, exports, however, showed a abrupt slump.
In value terms, metal remelting scrap ingots exports amounted to $53K in 2022. Over the period under review, exports, however, continue to indicate a mild setback.
Export of Metal Remelting Scrap Ingots in Belarus (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 55.4 | 54.0 | 52.6 | 53.3 | -1.3% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 55.4 | 54.0 | 52.6 | 53.3 | -1.3% |
Top Export Markets for Metal Remelting Scrap Ingots from Belarus in 2022:
- Netherlands (12.0 tons)
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Belarus. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24101420 - Remelting scrap ingots of iron or steel (excluding products whose chemical composition conforms to the definitions of pig iron, spiegeleisen, or ferro-alloys)
Country coverage:
- Belarus
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belarus
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Belarus.
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
This report provides an in-depth analysis of the market for metal remelting scrap ingots in Belarus.
This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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