Belarus: Ferro-Titanium And Ferro-Silico-Titanium Market 2025

Ferro-Titanium And Ferro-Silico-Titanium Market Size in Belarus

After two years of growth, the Belarusian ferro-titanium and ferro-silico-titanium market decreased by -44.1% to $X in 2022. Over the period under review, consumption, however, saw resilient growth. As a result, consumption attained the peak level of $X, and then declined rapidly in the following year.

Ferro-Titanium And Ferro-Silico-Titanium Exports

Exports from Belarus

In 2022, after two years of decline, there was significant decline in overseas shipments of ferro-titanium and ferro-silico-titanium, when their volume decreased by -50% to X tons. Overall, exports recorded a abrupt setback. The pace of growth was the most pronounced in 2013 when exports increased by 311% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, ferro-titanium and ferro-silico-titanium exports shrank dramatically to $X in 2022. Over the period under review, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2013 with an increase of 224%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Russia (X tons) was the main destination for ferro-titanium and ferro-silico-titanium exports from Belarus, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Russia amounted to -23.8%.

In value terms, Russia ($X) emerged as the key foreign market for ferro-titanium and ferro-silico-titanium exports from Belarus.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia stood at -24.8%.

Export Prices by Country

In 2022, the average ferro-titanium and ferro-silico-titanium export price amounted to $X per ton, approximately mirroring the previous year. In general, the export price continues to indicate a noticeable descent. The growth pace was the most rapid in 2014 an increase of 51% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

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 -1.3% per year.

Ferro-Titanium And Ferro-Silico-Titanium Imports

Imports into Belarus

After two years of growth, overseas purchases of ferro-titanium and ferro-silico-titanium decreased by -44.3% to X tons in 2022. Over the period under review, imports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 779%. As a result, imports reached the peak of X tons, and then fell remarkably in the following year.

In value terms, ferro-titanium and ferro-silico-titanium imports contracted rapidly to $X in 2022. In general, imports, however, posted a resilient increase. The growth pace was the most rapid in 2021 with an increase of 737% against the previous year. As a result, imports attained the peak of $X, and then contracted markedly in the following year.

Imports by Country

In 2022, Russia (X tons) constituted the largest supplier of ferro-titanium and ferro-silico-titanium to Belarus, with a 87% share of total imports. Moreover, ferro-titanium and ferro-silico-titanium imports from Russia exceeded the figures recorded by the second-largest supplier, Ukraine (X tons), sevenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia stood at +13.4%.

In value terms, Russia ($X) constituted the largest supplier of ferro-titanium and ferro-silico-titanium to Belarus, comprising 90% of total imports. The second position in the ranking was held by Ukraine ($X), with a 9.5% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Russia stood at +13.2%.

Import Prices by Country

The average ferro-titanium and ferro-silico-titanium import price stood at $X per ton in 2022, standing approx. at the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 44% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per ton), while the price for Ukraine amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-0.1%).

Source: IndexBox Platform

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