Report Update Nov 1, 2024

Belarus - Thiosulphates - Market Analysis, Forecast, Size, Trends and Insights

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Belarus: Thiosulphates Market 2024

Thiosulphates Market Size in Belarus

The Belarusian thiosulphates market skyrocketed to $X in 2021, increasing by 34% 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 enjoyed a significant increase. Over the period under review, the market attained the peak level in 2021 and is likely to continue growth in the near future.

Thiosulphates Exports

Exports from Belarus

In 2021, shipments abroad of thiosulphates decreased by -74.5% to X kg, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a sharp shrinkage. The pace of growth appeared the most rapid in 2019 when exports increased by 6,576%. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, thiosulphates exports amounted to $X in 2021. In general, exports continue to indicate a sharp descent. The pace of growth was the most pronounced in 2019 when exports increased by 6,000% against the previous year. As a result, the exports attained 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 thiosulphates exports from Belarus, accounting for a 79% share of total exports. Moreover, thiosulphates exports to Ukraine exceeded the volume sent to the second major destination, Russia (X kg), fourfold.

From 2012 to 2021, the average annual growth rate of volume to Ukraine amounted to -93.8%.

In value terms, Ukraine ($X) emerged as the key foreign market for thiosulphates exports from Belarus, comprising 94% of total exports. The second position in the ranking was held by Russia ($X), with a 6% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Ukraine stood at -87.3%.

Export Prices by Country

The average thiosulphates export price stood at $X per ton in 2021, rising by 285% against the previous year. In general, the export price showed significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Russia amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+106.8%).

Thiosulphates Imports

Imports into Belarus

In 2021, approx. X tons of thiosulphates were imported into Belarus; rising by 31% compared with the year before. Overall, imports recorded significant growth. The pace of growth was the most pronounced in 2019 with an increase of 386% against the previous year. Imports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, thiosulphates imports surged to $X in 2021. Over the period under review, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2019 with an increase of 567% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in the near future.

Imports by Country

In 2021, Russia (X tons) constituted the largest supplier of thiosulphates to Belarus, with a 75% share of total imports. Moreover, thiosulphates imports from Russia exceeded the figures recorded by the second-largest supplier, France (X tons), more than tenfold. The third position in this ranking was held by China (X tons), with a 6.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Russia totaled +64.0%. The remaining supplying countries recorded the following average annual rates of imports growth: France (0.0% per year) and China (+11.9% per year).

In value terms, Russia ($X) constituted the largest supplier of thiosulphates to Belarus, comprising 73% of total imports. The second position in the ranking was taken by France ($X), with an 8.2% share of total imports. It was followed by China, with a 5.4% share.

From 2012 to 2021, the average annual growth rate of value from Russia totaled +51.3%. The remaining supplying countries recorded the following average annual rates of imports growth: France (0.0% per year) and China (+9.9% per year).

Import Prices by Country

In 2021, the average thiosulphates import price amounted to $X per ton, with an increase of 4.9% against the previous year. Over the period under review, the import price, however, showed a slight decline. The most prominent rate of growth was recorded in 2017 an increase of 44%. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for thiosulphates in the world?

The country with the largest volume of thiosulphates consumption was China, comprising approx. 22% of total volume. Moreover, thiosulphates consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the United States, with a 7.8% share.

What are the largest producers of thiosulphates in the world?

China remains the largest thiosulphates producing country worldwide, comprising approx. 29% of total volume. Moreover, thiosulphates production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with a 9.7% share.

What are the leading suppliers of thiosulphates to Belarus?

In value terms, the largest thiosulphates suppliers to Belarus were Russia and China.

What are the leading importers of thiosulphates from Belarus?

In value terms, Russia $100) remains the key foreign market for thiosulphates exports from Belarus.

What is the average export price for thiosulphates in Belarus?

In 2020, the average thiosulphates export price amounted to $487 per ton, which is down by -70.5% against the previous year.

What is the average import price for thiosulphates in Belarus?

The average thiosulphates import price stood at $402 per ton in 2020, picking up by 6.3% against the previous year.

This report provides an in-depth analysis of the thiosulphates 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 20134135 - Thiosulphates

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023