Belarus - Peroxosulphates (Persulphates) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBelarus: Peroxosulphates Market 2024
Peroxosulphates Market Size in Belarus
The Belarusian peroxosulphates market skyrocketed to $X in 2021, rising by 86% 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). In general, consumption continues to indicate a prominent increase. Over the period under review, the market attained the maximum level in 2021 and is likely to see steady growth in years to come.
Peroxosulphates Exports
Exports from Belarus
In 2021, peroxosulphates exports from Belarus fell significantly to X kg, waning by -88.9% on the year before. Overall, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2019 when exports increased by 15,146% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports failed to regain momentum.
In value terms, peroxosulphates exports contracted markedly to $X in 2021. In general, exports faced a abrupt decline. The pace of growth was the most pronounced in 2019 with an increase of 8,900% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.
Exports by Country
Ukraine (X kg) was the main destination for peroxosulphates exports from Belarus, with a 89% share of total exports. Moreover, peroxosulphates exports to Ukraine exceeded the volume sent to the second major destination, Russia (X kg), eightfold.
From 2012 to 2021, the average annual rate of growth in terms of volume to Ukraine totaled -7.6%.
In value terms, Ukraine ($X) remains the key foreign market for peroxosulphates exports from Belarus, comprising 99% of total exports. The second position in the ranking was held by Russia ($X), with a 0.9% share of total exports.
From 2012 to 2021, the average annual growth rate of value to Ukraine stood at -8.6%.
Export Prices by Country
The average peroxosulphates export price stood at $X per ton in 2021, rising by 4% against the previous year. Over the period under review, the export price enjoyed a strong expansion. The pace of growth was the most pronounced in 2015 when the average export price increased by 85% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Russia totaled $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (-1.1%).
Peroxosulphates Imports
Imports into Belarus
For the fourth year in a row, Belarus recorded growth in purchases abroad of peroxosulphates (persulphates), which increased by 91% to X tons in 2021. Over the period under review, imports continue to indicate resilient growth. The growth pace was the most rapid in 2016 with an increase of 94% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are likely to see steady growth in years to come.
In value terms, peroxosulphates imports surged to $X in 2021. Overall, imports posted a strong expansion. The pace of growth was the most pronounced in 2016 when imports increased by 104%. Imports peaked in 2021 and are likely to continue growth in years to come.
Imports by Country
In 2021, Russia (X tons) constituted the largest supplier of peroxosulphates to Belarus, accounting for a 78% share of total imports. Moreover, peroxosulphates imports from Russia exceeded the figures recorded by the second-largest supplier, the United States (X tons), tenfold. Spain (X tons) ranked third in terms of total imports with a 4.9% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from Russia stood at +7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+96.7% per year) and Spain (+12.7% per year).
In value terms, Russia ($X) constituted the largest supplier of peroxosulphates to Belarus, comprising 77% of total imports. The second position in the ranking was taken by the United States ($X), with a 6.9% share of total imports. It was followed by China, with a 5.2% share.
From 2012 to 2021, the average annual rate of growth in terms of value from Russia amounted to +4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+88.5% per year) and China (+8.2% per year).
Import Prices by Country
The average peroxosulphates import price stood at $X per ton in 2021, falling by -9.6% against the previous year. Over the period under review, the import price saw a slight setback. The most prominent rate of growth was recorded in 2015 an increase of 17% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was China ($X per ton), while the price for Switzerland ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+34.8%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the peroxosulphates 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 20134175 - Peroxosulphates (persulphates)
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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