Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Belarus - 2022

Contents:

1. Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Belarus (CIF) - 2022
2. Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Belarus (FOB) - 2022
3. Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Belarus
4. Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Belarus

Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Belarus (CIF) - 2022

The average import price for alloy steel flat-rolled products, of a width of less than 600mms stood at $975 per ton in March 2022, with a decrease of -40.6% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in April 2021 an increase of 26% m-o-m. The import price peaked at $1,641 per ton in February 2022, and then contracted remarkably in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Austria ($3,494 per ton), while the price for Russia ($824 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 Austria (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Belarus (FOB) - 2022

In 2022, the average export price for alloy steel flat-rolled products, of a width of less than 600mms amounted to $7,861 per ton, growing by 30% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +9.5% per year.

Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Belarus

Imports of alloy steel flat-rolled products, of a width of less than 600mms into Belarus shrank rapidly to 5.9K tons in 2022, dropping by -68.3% on the previous year's figure. Overall, imports showed a sharp decline. The pace of growth was the most pronounced in 2021 with an increase of 13%. As a result, imports reached the peak of 19K tons, and then dropped remarkably in the following year.

In value terms, imports of alloy steel flat-rolled products, of a width of less than 600mms reduced notably to $7.8M in 2022. Over the period under review, imports recorded a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 52%. As a result, imports attained the peak of $22M, and then dropped notably in the following year.

Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm to Belarus in 2022:

1. Russia (5.0K tons)
2. Switzerland (0.8K tons)

Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Belarus

In 2022, approx. 410 tons of alloy steel flat-rolled products, of a width of less than 600mms were exported from Belarus; approximately equating the previous year. Overall, exports recorded a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 13% against the previous year.

In value terms, exports of alloy steel flat-rolled products, of a width of less than 600mms soared to $3.2M in 2022. In general, total exports indicated a slight increase from 2019 to 2022: its value increased at an average annual rate of +1.8% 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 +53.6% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm from Belarus in 2022:

1. China (409.0 tons)

Source: IndexBox Market Intelligence Platform