Price for Waste, Parings and Scrap, of Plastics in Belarus - 2022

Contents:

1. Price for Waste, Parings and Scrap, of Plastics in Belarus (FOB) - 2022
2. Price for Waste, Parings and Scrap, of Plastics in Belarus (CIF) - 2022
3. Exports of Waste, Parings and Scrap, of Plastics in Belarus
4. Imports of Waste, Parings and Scrap, of Plastics in Belarus

Price for Waste, Parings and Scrap, of Plastics in Belarus (FOB) - 2022

The average export price for waste, parings and scrap, of plasticses stood at $392 per ton in March 2022, which is down by -9.7% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in May 2021 when the average export price increased by 19% against the previous month. Over the period under review, the average export prices hit record highs at $503 per ton in January 2022; however, from February 2022 to March 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Lithuania ($655 per ton), while the average price for exports to Russia amounted to $337 per ton.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Waste, Parings and Scrap, of Plastics in Belarus (CIF) - 2022

The average import price for waste, parings and scrap, of plasticses stood at $453 per ton in March 2022, waning by -28.4% against the previous month. Over the period under review, import price indicated a mild expansion from March 2021 to March 2022: its price increased at an average monthly rate of +1.5% 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 waste, parings and scrap, of plasticses decreased by -28.4% against February 2022 indices. The growth pace was the most rapid in April 2021 when the average import price increased by 46% m-o-m. Over the period under review, average import prices hit record highs at $696 per ton in September 2021; however, from October 2021 to March 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In March 2022, the country with the highest price was Russia ($458 per ton), while the price for Lithuania stood at $344 per ton.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Latvia (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Waste, Parings and Scrap, of Plastics in Belarus

In 2022, the amount of waste, parings and scrap, of plasticses exported from Belarus reduced markedly to 14K tons, with a decrease of -15.6% compared with the year before. Overall, exports continue to indicate a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 18% against the previous year.

In value terms, exports of waste, parings and scrap, of plasticses expanded markedly to $7.1M in 2022. In general, total exports indicated a modest expansion from 2019 to 2022: its value increased at an average annual rate of +1.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 60%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in years to come.

Top Export Markets for Waste, Parings and Scrap, of Plastics from Belarus in 2022:

1. Russia (10.7K tons)
2. Ukraine (2.7K tons)
3. Lithuania (0.4K tons)

Imports of Waste, Parings and Scrap, of Plastics in Belarus

In 2022, after two years of decline, there was significant growth in purchases abroad of waste, parings and scrap, of plasticses, when their volume increased by 135% to 7.4K tons. In general, imports, however, continue to indicate a abrupt decrease.

In value terms, imports of waste, parings and scrap, of plasticses soared to $4.9M in 2022. Overall, imports posted a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Waste, Parings and Scrap, of Plastics to Belarus in 2022:

1. Russia (5.3K tons)
2. Lithuania (0.9K tons)
3. Latvia (0.8K tons)
4. Germany (0.2K tons)
5. Poland (0.2K tons)

Source: IndexBox Market Intelligence Platform