Belarus: Market for Prepared Additives For Cements, Mortars Or Concretes 2024

Market Size for Prepared Additives For Cements, Mortars Or Concretes in Belarus

The Belarusian prepared additives for cements market soared to $X in 2022, growing by 127% 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, however, recorded a perceptible reduction. Prepared additives for cements consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Exports of Prepared Additives For Cements, Mortars Or Concretes

Exports from Belarus

For the third consecutive year, Belarus recorded growth in overseas shipments of prepared additives for cements, mortars or concretes, which increased by 92% to X tons in 2022. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 144%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, prepared additives for cements exports expanded markedly to $X in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2018 when exports increased by 302%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Russia (X tons) was the main destination for prepared additives for cements exports from Belarus, with a 76% share of total exports. Moreover, prepared additives for cements exports to Russia exceeded the volume sent to the second major destination, Ukraine (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia totaled +31.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+54.4% per year) and Kazakhstan (+17.1% per year).

In value terms, Russia ($X) remains the key foreign market for prepared additives for cements, mortars or concretes exports from Belarus, comprising 80% of total exports. The second position in the ranking was held by Ukraine ($X), with a 10% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Russia stood at +35.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+58.6% per year) and Kazakhstan (+21.1% per year).

Export Prices by Country

The average prepared additives for cements export price stood at $X per ton in 2022, dropping by -43.3% against the previous year. In general, the export price, however, posted notable growth. The pace of growth appeared the most rapid in 2018 when the average export price increased by 233%. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prepared Additives For Cements, Mortars Or Concretes

Imports into Belarus

In 2022, overseas purchases of prepared additives for cements, mortars or concretes increased by 75% to X tons, rising for the second year in a row after two years of decline. Overall, imports, however, saw a pronounced setback. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, prepared additives for cements imports soared to $X in 2022. In general, imports saw a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Russia (X tons) constituted the largest prepared additives for cements supplier to Belarus, accounting for a 72% share of total imports. Moreover, prepared additives for cements imports from Russia exceeded the figures recorded by the second-largest supplier, the United States (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume from Russia totaled -6.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+102.4% per year) and China (+23.5% per year).

In value terms, the largest prepared additives for cements suppliers to Belarus were the United States ($X), Russia ($X) and China ($X), with a combined 96% share of total imports.

In terms of the main suppliers, the United States, with a CAGR of +97.6%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average prepared additives for cements import price stood at $X per ton in 2022, growing by 65% against the previous year. Overall, the import price showed a resilient increase. The pace of growth appeared the most rapid in 2018 an increase of 72% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+11.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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