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Belarus - Table, Kitchen Or Household Articles And Parts Of Stainless Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Stainless Steel Household Articles in Belarus - 2022
Contents:
- Price for Stainless Steel Household Articles in Belarus (CIF) - 2022
- Price for Stainless Steel Household Articles in Belarus (FOB) - 2022
- Imports of Stainless Steel Household Articles in Belarus
- Exports of Stainless Steel Household Articles in Belarus
Price for Stainless Steel Household Articles in Belarus (CIF) - 2022
In March 2022, the average stainless steel household articles import price amounted to $5.0 per unit, growing by 3.3% against the previous month. In general, import price indicated a pronounced increase from March 2021 to March 2022: its price increased at an average monthly rate of +2.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, stainless steel household articles import price increased by +7.1% against January 2022 indices. The most prominent rate of growth was recorded in September 2021 an increase of 57% m-o-m. As a result, import price reached the peak level of $5.5 per unit. From October 2021 to March 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($18.7 per unit), while the price for Turkey ($3.1 per unit) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by China (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Stainless Steel Household Articles in Belarus (FOB) - 2022
In March 2022, the average stainless steel household articles export price amounted to $3.8 per unit, picking up by 9% against the previous month. Over the period under review, the export price continues to indicate a buoyant increase. The most prominent rate of growth was recorded in September 2021 when the average export price increased by 185% m-o-m. The export price peaked in March 2022.
Average prices varied somewhat for the major foreign markets. In March 2022, the country with the highest price was Kazakhstan ($4.9 per unit), while the average price for exports to Russia amounted to $3.6 per unit.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+10.2%).
Imports of Stainless Steel Household Articles in Belarus
Stainless steel household articles imports into Belarus reduced remarkably to 2.1M units in 2022, shrinking by -34.5% compared with the previous year's figure. Overall, imports recorded a deep downturn. The smallest decline of -5% was in 2021. Imports peaked at 3.9M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, stainless steel household articles imports declined to $11M in 2022. In general, imports recorded a abrupt descent. The pace of growth was the most pronounced in 2021 when imports increased by 9.1% against the previous year. Over the period under review, imports hit record highs at $15M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Stainless Steel Household Articles in Belarus (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 7.4 | 6.8 | 6.6 | 5.6 | -8.9% |
Russia | 3.2 | 2.4 | 3.7 | 3.1 | -1.1% |
Turkey | 2.1 | 1.3 | 1.1 | 1.2 | -17.0% |
Italy | 1.1 | 0.7 | 0.6 | 0.6 | -18.3% |
India | 0.4 | 0.2 | 0.4 | 0.3 | -9.1% |
Others | 0.6 | 0.3 | 0.3 | 0.4 | -12.6% |
Total | 14.7 | 11.7 | 12.8 | 11.2 | -8.7% |
Top Suppliers of Stainless Steel Household Articles to Belarus in 2022:
- China (1195.7K units)
- Russia (402.9K units)
- Turkey (353.4K units)
- India (82.3K units)
- Italy (36.0K units)
Exports of Stainless Steel Household Articles in Belarus
In 2022, overseas shipments of table, kitchen or household articles and parts of stainless steel increased by 6.1% to 1.8M units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a abrupt decrease. The exports peaked at 2.3M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, stainless steel household articles exports shrank slightly to $2.8M in 2022. The total export value increased at an average annual rate of +9.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 30% against the previous year. As a result, the exports reached the peak of $2.9M, and then declined in the following year.
Export of Stainless Steel Household Articles in Belarus (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 2.1 | 2.2 | 2.8 | 2.7 | 8.7% |
Others | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
Total | 2.2 | 2.2 | 2.9 | 2.8 | 8.4% |
Top Export Markets for Stainless Steel Household Articles from Belarus in 2022:
- Russia (1782.5K units)
This report provides an in-depth analysis of the market for stainless steel household articles 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 25991225 - Table, kitchen or household articles and parts thereof of stainless steel (excluding cutlery)
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
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