Price for Powders of Pig Iron in Belarus - 2022

Contents:

  1. Price for Powders of Pig Iron in Belarus (CIF) - 2022
  2. Price for Powders of Pig Iron in Belarus (FOB) - 2022
  3. Imports of Powders of Pig Iron in Belarus
  4. Exports of Powders of Pig Iron in Belarus

Price for Powders of Pig Iron in Belarus (CIF) - 2022

The average powders of pig iron import price stood at $1,389 per ton in 2022, rising by 9.9% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 23% against the previous year. The import price peaked at $1,397 per ton in 2012; afterwards, it flattened through to 2022.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ukraine ($1,431 per ton), while the price for Russia totaled $1,281 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+0.8%).

Price for Powders of Pig Iron in Belarus (FOB) - 2022

In 2022, the average powders of pig iron export price amounted to $635 per ton, with a decrease of -6.6% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 11%. Over the period under review, the average export prices hit record highs at $697 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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 Russia ($1,514 per ton), while the average price for exports to Switzerland ($514 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+16.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Powders of Pig Iron in Belarus

In 2022, purchases abroad of powders of pig ira decreased by -49.1% to 567 tons, falling for the second consecutive year after two years of growth. In general, imports saw a precipitous decline. The most prominent rate of growth was recorded in 2020 when imports increased by 14%. As a result, imports attained the peak of 1.3K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, powders of pig iron imports declined markedly to $787K in 2022. Over the period under review, imports saw a abrupt curtailment. The growth pace was the most rapid in 2020 when imports increased by 9.4%.

Import of Powders of Pig Iron in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia1,0931,1871,161697-13.9%
Ukraine23.045.313921.4-2.4%
Others92.088.810868.6-9.3%
Total1,2081,3211,409787-13.3%

Top Suppliers of Powders of Pig Iron to Belarus in 2022:

  1. Russia (544.3 tons)
  2. Ukraine (14.9 tons)

Exports of Powders of Pig Iron in Belarus

Powders of pig iron exports from Belarus totaled 1.6K tons in 2022, increasing by 11% against 2021. The total export volume increased at an average annual rate of +2.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 17%. As a result, the exports reached the peak of 1.8K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, powders of pig iron exports amounted to $1M in 2022. The total export value increased at an average annual rate of +4.9% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 20% against the previous year. As a result, the exports attained the peak of $1.1M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Powders of Pig Iron in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic63574810954.1-56.0%
Switzerland93.414316.950.3-18.6%
Norway95.465.67.521.7-39.0%
United StatesN/A67.15.816.5-50.4%
UzbekistanN/AN/AN/A14.40%
Poland64.234.12.711.9-43.0%
Others8.817.5854867361.9%
Total8971,0759961,0364.9%

Top Export Markets for Powders of Pig Iron from Belarus in 2022:

  1. Switzerland (98.0 tons)
  2. Czech Republic (90.1 tons)
  3. Norway (26.4 tons)
  4. Poland (23.1 tons)
  5. United States (22.5 tons)
  6. Uzbekistan (11.5 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Iron or steel, pig iron, spiegeleisen; powders (excluding alloy steel) - Belarus