Belarus: Market for Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm 2024

Market Size for Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm in Belarus

In 2022, the Belarusian market for aluminium plates, sheets and strip of thickness over X mm increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, the total consumption indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm

Exports from Belarus

In 2022, after four years of growth, there was significant decline in overseas shipments of aluminium plates, sheets and strip of thickness over X mm, when their volume decreased by X% to X tons. Over the period under review, exports, however, continue to indicate prominent growth. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2021, and then fell notably in the following year.

In value terms, exports of aluminium plates, sheets and strip of thickness over X mm declined to $X in 2022. In general, exports, however, continue to indicate a resilient increase. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. Over the period under review, the exports of attained the maximum at $X in 2021, and then contracted in the following year.

Exports by Country

Russia (X tons) was the main destination for exports of aluminium plates, sheets and strip of thickness over X mm from Belarus, accounting for a X% share of total exports. It was followed by Ukraine (X tons), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia amounted to X%.

In value terms, Ukraine ($X) and Russia ($X) were the largest markets for aluminium plate, sheet and strip of thickness over X mm exported from Belarus worldwide.

Among the main countries of destination, Ukraine, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The average export price for aluminium plates, sheets and strip of thickness over X mm stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the export price enjoyed buoyant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Russia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (X%).

Imports of Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm

Imports into Belarus

In 2022, overseas purchases of aluminium plates, sheets and strip of thickness over X mm increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, total imports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of aluminium plates, sheets and strip of thickness over X mm soared to $X in 2022. Overall, imports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, Russia (X tons) constituted the largest supplier of aluminium plate, sheet and strip of thickness over X mm to Belarus, with a X% share of total imports. Moreover, imports of aluminium plates, sheets and strip of thickness over X mm from Russia exceeded the figures recorded by the second-largest supplier, Serbia (X tons), more than tenfold. The third position in this ranking was held by China (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Russia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Serbia (X% per year) and China (X% per year).

In value terms, Russia ($X) constituted the largest supplier of aluminium plates, sheets and strip of thickness over X mm to Belarus, comprising X% of total imports. The second position in the ranking was taken by Serbia ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Serbia (X% per year) and Turkey (X% per year).

Import Prices by Country

The average import price for aluminium plates, sheets and strip of thickness over X mm stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for aluminium plates, sheets and strip of thickness over X mm increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.

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 Turkey ($X per ton), while the price for Serbia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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