Belarus - Aluminum and Alloys - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAluminum Price in Belarus - 2022
Contents:
- Aluminum Price in Belarus (CIF) - 2022
- Aluminum Price in Belarus (FOB) - 2022
- Aluminum Imports in Belarus
- Aluminum Exports in Belarus
Aluminum Price in Belarus (CIF) - 2022
In March 2022, the average aluminum import price amounted to $2,865 per ton, falling by -6.4% against the previous month. Over the period from March 2021 to March 2022, it increased at an average monthly rate of +2.5%. The pace of growth appeared the most rapid in November 2021 when the average import price increased by 15% m-o-m. Over the period under review, average import prices hit record highs at $3,060 per ton in February 2022, and then reduced in the following month.
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 +2.5% per month.
Aluminum Price in Belarus (FOB) - 2022
In March 2022, the average aluminum export price amounted to $2,328 per ton, increasing by 3.9% against the previous month. Overall, export price indicated a noticeable increase from March 2021 to March 2022: its price increased at an average monthly rate of +2.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, aluminum export price increased by +3.9% against February 2022 indices. The pace of growth was the most pronounced in November 2021 an increase of 14% against the previous month. Over the period under review, the average export prices hit record highs at $3,098 per ton in December 2021; however, from January 2022 to March 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major foreign markets. In March 2022, the countries with the highest prices were Finland ($2,648 per ton) and Latvia ($2,310 per ton), while the average price for exports to Russia ($1,827 per ton) and Lithuania ($2,264 per ton) were amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+14.4%), while the prices for the other major destinations experienced more modest paces of growth.
Aluminum Imports in Belarus
In 2022, approx. 44K tons of aluminum were imported into Belarus; waning by -20.7% against the previous year. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +6.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +25.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 58% against the previous year. As a result, imports attained the peak of 56K tons, and then fell dramatically in the following year.
In value terms, aluminum imports rose remarkably to $149M in 2022. In general, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 121% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.
| Import of Aluminum in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 64.5 | 58.5 | 134 | 144 | 30.7% |
| Kazakhstan | 5.8 | 4.8 | 5.8 | 4.8 | -6.1% |
| Others | 0.2 | N/A | 0.1 | N/A | -29.3% |
| Total | 70.6 | 63.4 | 140 | 149 | 28.3% |
Top Suppliers of Aluminum to Belarus in 2022:
- Russia (42.8K tons)
- Kazakhstan (1.7K tons)
Aluminum Exports in Belarus
In 2022, shipments abroad of aluminum decreased by -12.9% to 14K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 147%. As a result, the exports reached the peak of 16K tons, and then declined in the following year.
In value terms, aluminum exports expanded markedly to $42M in 2022. Over the period under review, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 322% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Aluminum in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 3.0 | 3.7 | 9.6 | 24.6 | 101.7% |
| Latvia | 2.7 | 3.8 | 5.2 | 13.4 | 70.6% |
| Russia | 0.6 | 1.1 | 1.3 | 2.8 | 67.1% |
| Poland | 0.1 | 0.1 | 19.0 | 0.2 | 26.0% |
| Others | 0.1 | 0.2 | 2.3 | 0.5 | 71.0% |
| Total | 6.5 | 8.9 | 37.5 | 41.5 | 85.5% |
Top Export Markets for Aluminum from Belarus in 2022:
- Poland (undefinedK tons)
- Lithuania (8.3K tons)
- Latvia (4.8K tons)
- Russia (1.0K tons)
This report provides an in-depth analysis of the aluminum 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 24421130 - Unwrought non-alloy aluminium (excluding powders and flakes)
- Prodcom 24421154 - Unwrought aluminium alloys (excluding aluminium powders and flakes)
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
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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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This report provides an in-depth analysis of the aluminum market in Belarus.
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This report provides an in-depth analysis of the aluminium market in Belarus.
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This report provides an in-depth analysis of the unwrought aluminium alloys market in Belarus.
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This report provides an in-depth analysis of the aluminium and titanium market in Belarus.
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This report provides an in-depth analysis of the global aluminum market.
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This report provides an in-depth analysis of the global aluminium market.
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This report provides an in-depth analysis of the global unwrought aluminium alloys market.
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This report provides an in-depth analysis of the global aluminium and titanium market.
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This report provides an in-depth analysis of the aluminum market in Belarus.
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This report provides an in-depth analysis of the aluminium market in Belarus.
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Discover the top import markets for aluminum worldwide and their import values in 2022. Learn about the leading countries like the United States, Netherlands, Germany, Japan, China, and more. Find key statistics and insights on the global aluminum market.
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Throughout this year, global aluminum prices continuously grew and in October 2021 gained 62% compared to October 2020. China's output has decreased due to restrictions on energy usage and halted production at a 300K-ton capacity factory in Yunnan province. As a consequence, the average yearly price in 2022 is projected to rise by 6% y-o-y. Despite rising prices, the U.S., the world´s largest aluminum importer, expanded its purchases by 4.5% against 2020.
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Prices for aluminum this year will remain low thanks to the consistent growth in global production of the metal overcoming obstacles caused by the pandemic. In the mid-term, demand for aluminum in the construction sector and car manufacturing is forecast to steadily rise. The rapid development of alternative energy sources will also drive the market up because aluminum is used in the production of solar batteries, wind generators and other components of energy facilities. In China, the launch of quotas on greenhouse gas emissions could lead to higher prices for aluminum as production for the metal in the country leaves a heavy carbon footprint.
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668
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