Belarus: Asbestos Market 2022

Asbestos Market Size in Belarus

The Belarusian asbestos market surged to $X in 2020, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2019 when the market value increased by X% against the previous year. Over the period under review, the market attained the maximum level at $X in 2011; however, from 2012 to 2020, consumption failed to regain the momentum.

Asbestos Exports

Exports from Belarus

For the fifth year in a row, Belarus recorded decline in shipments abroad of asbestos, which decreased by -X% to X kg in 2020. Over the period under review, exports saw a precipitous descent. The most prominent rate of growth was recorded in 2015 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure at X tons in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, asbestos exports plummeted to $X in 2020. In general, exports showed a dramatic decline. The growth pace was the most rapid in 2015 with an increase of X% year-to-year. Over the period under review, exports attained the maximum at $X in 2007; however, from 2008 to 2020, exports remained at a lower figure.

Exports by Country

Bangladesh (X kg) was the main destination for asbestos exports from Belarus, accounting for a X% share of total exports. Moreover, asbestos exports to Bangladesh exceeded the volume sent to the second major destination, Ukraine (X kg), ninefold.

From 2007 to 2020, the average annual growth rate of volume to Bangladesh was relatively modest.

In value terms, the largest markets for asbestos exported from Belarus were Ukraine ($X) and Bangladesh ($X). Moreover, asbestos exports in Ukraine exceeded the figures recorded by the second-largest exporter, Bangladesh, twofold.

Bangladesh saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2020, the average asbestos export price amounted to $X per ton, surging by X% against the previous year. In general, the export price continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. Over the period under review, average export prices hit record highs in 2020 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Bangladesh amounted to $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+X% per year).

Asbestos Imports

Imports into Belarus

Asbestos imports into Belarus skyrocketed to X tons in 2020, rising by X% against the year before. Overall, imports, however, recorded a deep setback. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Imports peaked at X tons in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, asbestos imports expanded remarkably to $X in 2020. In general, imports, however, faced a abrupt decline. The growth pace was the most rapid in 2019 when imports increased by X% y-o-y. Imports peaked at $X in 2011; however, from 2012 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Russia (X tons) was the main asbestos supplier to Belarus, accounting for a approx. X% share of total imports.

From 2007 to 2020, the average annual growth rate of volume from Russia stood at -X%.

In value terms, Russia ($X) constituted the largest supplier of asbestos to Belarus.

From 2007 to 2020, the average annual growth rate of value from Russia stood at -X%.

Import Prices by Country

The average asbestos import price stood at $X per ton in 2020, which is down by -X% against the previous year. Over the period under review, the import price continues to indicate a pronounced curtailment. The growth pace was the most rapid in 2011 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2020, import prices failed to regain the momentum.

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

From 2007 to 2020, the rate of growth in terms of prices for Russia amounted to -X% per year.

Source: IndexBox Platform

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