Price for Ethylene Polymers; Waste, Parings and Scrap in Belarus - 2022

Contents:

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

Price for Ethylene Polymers; Waste, Parings and Scrap in Belarus (FOB) - 2022

In March 2022, the average export price for ethylene polymers; waste, parings and scraps amounted to $501 per ton, approximately reflecting the previous month. Over the period from March 2021 to March 2022, it increased at an average monthly rate of +2.3%. The growth pace was the most rapid in December 2021 an increase of 38% month-to-month. Over the period under review, the average export prices hit record highs at $515 per ton in January 2022; however, from February 2022 to March 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In March 2022, the country with the highest price was Lithuania ($624 per ton), while the average price for exports to Russia stood at $448 per ton.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Ethylene Polymers; Waste, Parings and Scrap in Belarus (CIF) - 2022

In March 2022, the average import price for ethylene polymers; waste, parings and scraps amounted to $502 per ton, reducing by -22.8% against the previous month. Over the period from March 2021 to March 2022, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in April 2021 an increase of 73% m-o-m. As a result, import price attained the peak level of $717 per ton. From May 2021 to March 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From March 2021 to March 2022, the rate of growth in terms of prices for Russia amounted to +1.6% per month.

Exports of Ethylene Polymers; Waste, Parings and Scrap in Belarus

In 2022, exports of ethylene polymers; waste, parings and scraps from Belarus reduced sharply to 7K tons, waning by -27.9% on the previous year. Overall, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by 44% against the previous year.

In value terms, exports of ethylene polymers; waste, parings and scraps amounted to $4M in 2022. Over the period under review, exports, however, saw temperate growth. The most prominent rate of growth was recorded in 2021 with an increase of 109%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Ethylene Polymers; Waste, Parings and Scrap from Belarus in 2022:

1. Russia (4.8K tons)
2. Ukraine (2.3K tons)

Imports of Ethylene Polymers; Waste, Parings and Scrap in Belarus

In 2022, after two years of decline, there was significant growth in overseas purchases of ethylene polymers; waste, parings and scraps, when their volume increased by 240% to 3.9K tons. In general, imports, however, continue to indicate a abrupt slump.

In value terms, imports of ethylene polymers; waste, parings and scraps soared to $2.6M in 2022. Over the period under review, imports saw a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Ethylene Polymers; Waste, Parings and Scrap to Belarus in 2022:

1. Russia (3.7K tons)
2. Poland (0.2K tons)

Source: IndexBox Market Intelligence Platform