Belarus: Metal Pickling Preparations Market 2024

Metal Pickling Preparations Market Size in Belarus

After five years of growth, the Belarusian metal pickling preparations market decreased by -15.2% to $X in 2021. Over the period under review, consumption, however, enjoyed a resilient increase. Over the period under review, the market attained the peak level at $X in 2020, and then reduced rapidly in the following year.

Metal Pickling Preparations Exports

Exports from Belarus

In 2021, metal pickling preparations exports from Belarus soared to X tons, increasing by 74% against the previous year's figure. Over the period under review, exports showed a significant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by 637% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, metal pickling preparations exports soared to $X in 2021. In general, exports posted significant growth. The pace of growth was the most pronounced in 2013 with an increase of 428% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

Russia (X tons), Kazakhstan (X tons) and Ukraine (X tons) were the main destinations of metal pickling preparations exports from Belarus, with a combined 96% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kazakhstan (with a CAGR of +419.6%), while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) remains the key foreign market for pickling preparations for metal surfaces exports from Belarus, comprising 51% of total exports. The second position in the ranking was held by Ukraine ($X), with a 24% share of total exports. It was followed by Kazakhstan, with an 18% share.

From 2012 to 2021, the average annual growth rate of value to Russia stood at +50.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+15.3% per year) and Kazakhstan (+246.5% per year).

Export Prices by Country

The average metal pickling preparations export price stood at $X per ton in 2021, growing by 21% against the previous year. In general, the export price, however, recorded a noticeable decrease. The pace of growth was the most pronounced in 2017 an increase of 55%. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Lithuania ($X per ton), while the average price for exports to Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+0.8%), while the prices for the other major destinations experienced a decline.

Metal Pickling Preparations Imports

Imports into Belarus

In 2021, after five years of growth, there was significant decline in overseas purchases of pickling preparations for metal surfaces, when their volume decreased by -8.4% to X tons. Over the period under review, imports, however, saw a resilient increase. The pace of growth was the most pronounced in 2016 when imports increased by 54%. Over the period under review, imports attained the maximum at X tons in 2020, and then declined in the following year.

In value terms, metal pickling preparations imports shrank to $X in 2021. Overall, imports, however, saw prominent growth. The growth pace was the most rapid in 2016 when imports increased by 57% against the previous year. Imports peaked at $X in 2020, and then dropped in the following year.

Imports by Country

In 2021, Ukraine (X tons) constituted the largest metal pickling preparations supplier to Belarus, accounting for a 86% share of total imports. Moreover, metal pickling preparations imports from Ukraine exceeded the figures recorded by the second-largest supplier, Russia (X tons), ninefold. China (X tons) ranked third in terms of total imports with a 1.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Ukraine totaled +10.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+10.5% per year) and China (-20.3% per year).

In value terms, Ukraine ($X) constituted the largest supplier of pickling preparations for metal surfaces to Belarus, comprising 80% of total imports. The second position in the ranking was taken by Russia ($X), with a 9.4% share of total imports. It was followed by China, with a 3.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Ukraine amounted to +12.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+2.4% per year) and China (-9.6% per year).

Import Prices by Country

The average metal pickling preparations import price stood at $X per ton in 2021, which is down by -1.6% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 9.4% against the previous year. The import price peaked at $X per ton in 2020, and then dropped slightly in the following year.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+18.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :