Belarus: Threaded Metal Articles Market 2025

Threaded Metal Articles Market Size in Belarus

After two years of growth, the Belarusian threaded metal articles market decreased by -20.2% to $X in 2021. Overall, consumption, however, saw a slight expansion. Threaded metal articles consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Threaded Metal Articles Exports

Exports from Belarus

In 2021, the amount of threaded articles of iron or steel exported from Belarus contracted to X tons, falling by -6.6% against the year before. In general, exports, however, saw a strong increase. The pace of growth appeared the most rapid in 2014 when exports increased by 71% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, threaded metal articles exports soared to $X in 2021. Over the period under review, total exports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +6.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +41.0% against 2019 indices. The most prominent rate of growth was recorded in 2018 with an increase of 36%. The exports peaked in 2021 and are likely to see steady growth in the near future.

Exports by Country

Russia (X tons) was the main destination for threaded metal articles exports from Belarus, accounting for a 89% share of total exports. It was followed by Serbia (X tons), with a 2.3% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia amounted to +11.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+76.8% per year) and Lithuania (+35.9% per year).

In value terms, Russia ($X) remains the key foreign market for threaded articles of iron or steel exports from Belarus, comprising 76% of total exports. The second position in the ranking was taken by Lithuania ($X), with a 5.5% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Russia totaled +5.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (+35.7% per year) and Serbia (+58.5% per year).

Export Prices by Country

The average threaded metal articles export price stood at $X per ton in 2021, growing by 31% against the previous year. In general, the export price, however, showed a noticeable setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by 46%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

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 Lithuania ($X per ton), while the average price for exports to Russia ($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 (-0.2%), while the prices for the other major destinations experienced a decline.

Threaded Metal Articles Imports

Imports into Belarus

In 2021, overseas purchases of threaded articles of iron or steel decreased by -13.5% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, total imports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +6.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when imports increased by 35% against the previous year. Over the period under review, imports hit record highs at X tons in 2020, and then contracted in the following year.

In value terms, threaded metal articles imports declined markedly to $X in 2021. Overall, total imports indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when imports increased by 48%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Russia (X tons), China (X tons) and Italy (X tons) were the main suppliers of threaded metal articles imports to Belarus, together comprising 80% of total imports. Turkey, Germany, Ukraine and Poland lagged somewhat behind, together accounting for a further 13%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +27.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), China ($X) and Germany ($X) constituted the largest threaded metal articles suppliers to Belarus, together accounting for 63% of total imports. Italy, Poland, Ukraine and Turkey lagged somewhat behind, together comprising a further 16%.

Among the main suppliers, Turkey, with a CAGR of +15.8%, saw the highest growth rate of 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

In 2021, the average threaded metal articles import price amounted to $X per ton, waning by -2.3% against the previous year. Overall, the import price recorded a noticeable setback. The pace of growth was the most pronounced in 2018 when the average import price increased by 29% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+2.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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