Belarus - Borates, Peroxoborates (Perborates) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBorates and Perborates Price in Belarus - 2022
Contents:
- Borates and Perborates Price in Belarus (CIF) - 2022
- Borates and Perborates Price in Belarus (FOB) - 2022
- Borates and Perborates Imports in Belarus
- Borates and Perborates Exports in Belarus
Borates and Perborates Price in Belarus (CIF) - 2022
In March 2022, the average borates and perborates import price amounted to $746 per ton, dropping by -2.6% against the previous month. Over the period from March 2021 to March 2022, it increased at an average monthly rate of +1.7%. The pace of growth was the most pronounced in February 2022 when the average import price increased by 26% against the previous month. As a result, import price reached the peak level of $766 per ton, and then fell modestly in the following month.
Average prices varied noticeably amongst the major supplying countries. In March 2022, the country with the highest price was Russia ($744 per ton), while the price for Turkey stood at $724 per ton.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Russia (+1.9%).
Borates and Perborates Price in Belarus (FOB) - 2022
In 2022, the average borates and perborates export price amounted to $2,194 per ton, with a decrease of -2% against the previous year. In general, the export price continues to indicate a mild contraction. The pace of growth was the most pronounced in 2016 when the average export price increased by 26%. The export price peaked at $3,019 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($5,104 per ton), while the average price for exports to Ukraine ($1,782 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (+5.4%), while the prices for the other major destinations experienced mixed trend patterns.
Borates and Perborates Imports in Belarus
In 2022, overseas purchases of borates, peroxoborates (perborates) decreased by -67.7% to 839 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports faced a significant decline. The growth pace was the most rapid in 2021 with an increase of 14%. As a result, imports attained the peak of 2.6K tons, and then contracted rapidly in the following year.
In value terms, borates and perborates imports declined remarkably to $700K in 2022. Over the period under review, imports continue to indicate a dramatic slump. The most prominent rate of growth was recorded in 2021 with an increase of 6.6%.
Import of Borates and Perborates in Belarus (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 876 | 851 | 1,018 | 312 | -29.1% |
Turkey | 132 | 114 | 87.7 | 35.5 | -35.5% |
China | 65.5 | 85.3 | 28.3 | 19.5 | -33.2% |
Poland | 137 | 103 | 71.2 | 19.1 | -48.1% |
Netherlands | 26.6 | 39.0 | 56.8 | 17.1 | -13.7% |
Lithuania | 24.7 | 25.7 | 52.6 | 13.9 | -17.4% |
Argentina | 9.4 | 19.6 | 44.1 | 11.2 | 6.0% |
Latvia | 110 | 82.4 | 61.1 | 5.7 | -62.7% |
Others | 297 | 253 | 257 | 266 | -3.6% |
Total | 1,678 | 1,573 | 1,676 | 700 | -25.3% |
Top Suppliers of Borates and Perborates to Belarus in 2022:
- Russia (314.0 tons)
- Turkey (70.2 tons)
- Poland (31.4 tons)
- Argentina (21.6 tons)
- Netherlands (19.3 tons)
- China (12.4 tons)
- Lithuania (11.2 tons)
- Latvia (9.6 tons)
Borates and Perborates Exports in Belarus
After two years of decline, shipments abroad of borates, peroxoborates (perborates) increased by 47% to 29 tons in 2022. Over the period under review, exports, however, recorded a abrupt shrinkage.
In value terms, borates and perborates exports skyrocketed to $64K in 2022. In general, exports, however, showed a deep slump.
Export of Borates and Perborates in Belarus (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ukraine | 29.6 | 34.0 | 25.0 | 33.4 | 4.1% |
Sudan | 44.0 | 21.9 | 13.4 | 22.1 | -20.5% |
Russia | 6.6 | 10.3 | 5.8 | 8.5 | 8.8% |
Others | 0.1 | 0.2 | 0.1 | N/A | 0.0% |
Total | 80.3 | 66.3 | 44.4 | 64.0 | -7.3% |
Top Export Markets for Borates and Perborates from Belarus in 2022:
- Ukraine (18.7 tons)
- Sudan (8.8 tons)
- Russia (1.7 tons)
This report provides an in-depth analysis of the borates and perborates market 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 20136230 - Borates, peroxoborates (perborates)
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
-
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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