Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Belarus - 2022

Contents:

  1. Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Belarus (CIF) - 2022
  2. Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Belarus (FOB) - 2022
  3. Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Belarus
  4. Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Belarus

Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Belarus (CIF) - 2022

In March 2022, the average import price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia amounted to $9,084 per ton, jumping by 34% against the previous month. Over the period under review, import price indicated a temperate increase from March 2021 to March 2022: its price increased at an average monthly rate of +2.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, import price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia increased by +34.3% against February 2022 indices. The pace of growth appeared the most rapid in July 2021 when the average import price increased by 47% month-to-month. As a result, import price reached the peak level of $11,177 per ton. From August 2021 to March 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Germany ($48,333 per ton), while the price for China ($8,110 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 Germany (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Belarus (FOB) - 2022

The average export price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia stood at $13,365 per ton in 2022, which is down by -3.6% against the previous year. In general, the export price, however, continues to indicate resilient growth. The pace of growth was the most pronounced in 2013 an increase of 59% against the previous year. The export price peaked at $31,124 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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 +5.1% per year.

Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Belarus

Imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia into Belarus declined sharply to 397 tons in 2022, waning by -23.9% on the previous year. Overall, imports saw a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 16% against the previous year.

In value terms, imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia shrank remarkably to $2.6M in 2022. Over the period under review, imports faced a significant contraction. The most prominent rate of growth was recorded in 2021 with an increase of 4.1% against the previous year.

Import of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia5,6641,9452,7641,708-32.9%
China845718280304-28.9%
Germany2297604672401.6%
India10962.02211110.6%
Ukraine31853.222.864.9-41.1%
Others750347288180-37.9%
Total7,9143,8854,0432,607-30.9%

Top Suppliers of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section to Belarus in 2022:

  1. Russia (287.6 tons)
  2. China (60.3 tons)
  3. India (13.9 tons)
  4. Germany (12.4 tons)
  5. Ukraine (8.2 tons)

Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Belarus

Exports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia from Belarus shrank notably to 66 tons in 2022, which is down by -23.2% against the year before. Over the period under review, exports showed a sharp reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 311% against the previous year.

In value terms, exports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia declined rapidly to $880K in 2022. In general, exports saw a sharp descent. The pace of growth was the most pronounced in 2021 with an increase of 389%.

Export of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia1322391,17187387.7%
Poland62.4N/AN/AN/A0%
Ukraine1,7092.4N/AN/A-99.9%
Others16.91.717.46.4-27.7%
Total1,9202431,188880-22.9%

Top Export Markets for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section from Belarus in 2022:

  1. Russia (65.5 tons)

Source: IndexBox Market Intelligence Platform

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