Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Belarus - 2022

Contents:

  1. Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Belarus (CIF) - 2022
  2. Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Belarus (FOB) - 2022
  3. Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Belarus
  4. Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Belarus

Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Belarus (CIF) - 2022

The average import price for millstones, grindstones, grinding wheels and the like; of natural stones stood at $0.2 per unit in 2022, reducing by -19.5% against the previous year. In general, the import price showed a abrupt setback. The pace of growth was the most pronounced in 2021 when the average import price increased by 34% against the previous year. Over the period under review, average import prices attained the maximum at $1.2 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($1.9 per unit), while the price for China ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Belarus (FOB) - 2022

In 2022, the average export price for millstones, grindstones, grinding wheels and the like; of natural stones amounted to $0.3 per unit, picking up by 76% against the previous year. Over the period under review, the export price saw buoyant growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 88%. The export price peaked in 2022 and is expected to retain growth in years to come.

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 +7.2% per year.

Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Belarus

In 2022, supplies from abroad of millstones, grindstones, grinding wheels and the like; of natural stones was finally on the rise to reach 175K units after two years of decline. The total import volume increased at an average annual rate of +2.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of millstones, grindstones, grinding wheels and the like; of natural stones soared to $42K in 2022. In general, imports, however, saw a pronounced curtailment. Imports peaked at $48K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia11.314.69.112.22.6%
China11.511.58.310.9-1.8%
Poland14.65.66.69.4-13.7%
Italy0.30.15.05.3160.4%
Germany3.83.03.94.12.6%
Others6.20.32.5N/A-36.5%
Total47.735.135.442.0-4.2%

Top Suppliers of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone to Belarus in 2022:

  1. China (84.8K units)
  2. Russia (59.8K units)
  3. Poland (20.6K units)
  4. Germany (6.5K units)
  5. Italy (2.9K units)

Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Belarus

For the third year in a row, Belarus recorded decline in shipments abroad of millstones, grindstones, grinding wheels and the like; of natural stones, which decreased by -11.6% to 18K units in 2022. In general, exports showed a significant decrease. Over the period under review, the exports of millstones, grindstones, grinding wheels and like; of natural stones hit record highs at 49K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of millstones, grindstones, grinding wheels and the like; of natural stones soared to $5.6K in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +7.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia4.54.33.65.67.6%
OthersN/AN/AN/AN/A0%
Total4.54.33.65.67.6%

Top Export Markets for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone from Belarus in 2022:

  1. Russia (18.0K units)

Source: IndexBox Market Intelligence Platform

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