Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Belarus - 2022

Contents:

1. Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Belarus (CIF) - 2022
2. Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Belarus (FOB) - 2022
3. Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Belarus
4. Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Belarus

Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Belarus (CIF) - 2022

The average import price for tubes, pipes and hollow profiles, of cast iron stood at $1,273 per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 36%. Over the period under review, average import prices hit record highs at $1,295 per ton in 2013; afterwards, it flattened through to 2022.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($1,279 per ton), while the price for China stood at $741 per ton.

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

Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Belarus (FOB) - 2022

In 2022, the average export price for tubes, pipes and hollow profiles, of cast iron amounted to $8,101 per ton, rising by 123% against the previous year. In general, the export price recorded a strong increase. 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 Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +10.1% per year.

Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Belarus

Imports of tubes, pipes and hollow profiles, of cast iron into Belarus declined slightly to 2.1K tons in 2022, reducing by -3.3% on the previous year. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +11.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 57% against the previous year. As a result, imports reached the peak of 2.2K tons, and then reduced slightly in the following year.

In value terms, imports of tubes, pipes and hollow profiles, of cast iron dropped slightly to $2.7M in 2022. Overall, imports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 85% against the previous year. As a result, imports reached the peak of $2.8M, and then contracted modestly in the following year.

Top Suppliers of Tubes, Pipes and Hollow Profiles, of Cast Iron to Belarus in 2022:

1. Russia (2036.6 tons)
2. China (58.8 tons)

Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Belarus

In 2022, shipments abroad of tubes, pipes and hollow profiles, of cast iron decreased by -42.2% to 3.6 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a precipitous descent. The most prominent rate of growth was recorded in 2020 with an increase of 62%. As a result, the exports attained the peak of 42 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of tubes, pipes and hollow profiles, of cast iron declined to $16K in 2022. Overall, exports faced a precipitous contraction. The growth pace was the most rapid in 2020 when exports increased by 166%. As a result, the exports reached the peak of $111K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Tubes, Pipes and Hollow Profiles, of Cast Iron from Belarus in 2022:

1. Russia (3.6 tons)

Source: IndexBox Market Intelligence Platform