Belarus - Caustic Soda - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCaustic Soda Price in Belarus - 2022
Contents:
- Caustic Soda Price in Belarus (CIF) - 2022
- Caustic Soda Price in Belarus (FOB) - 2022
- Caustic Soda Imports in Belarus
- Caustic Soda Exports in Belarus
Caustic Soda Price in Belarus (CIF) - 2022
In March 2022, the average caustic soda import price amounted to $405 per ton, standing approximately at the previous month. Over the period under review, the import price posted a resilient increase. The pace of growth appeared the most rapid in December 2021 when the average import price increased by 37% month-to-month. As a result, import price reached the peak level of $410 per ton. From January 2022 to March 2022, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In March 2022, the country with the highest price was Russia ($407 per ton), while the price for Ukraine ($299 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Hungary (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Caustic Soda Price in Belarus (FOB) - 2022
In 2022, the average caustic soda export price amounted to $969 per ton, remaining constant against the previous year. In general, the export price continues to indicate a mild downturn. The pace of growth appeared the most rapid in 2015 an increase of 30% against the previous year. The export price peaked at $1,133 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($3,038 per ton), while the average price for exports to Russia ($452 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 (+23.8%), while the prices for the other major destinations experienced mixed trend patterns.
Caustic Soda Imports in Belarus
In 2022, after two years of decline, there was significant growth in overseas purchases of caustic soda, when their volume increased by 24% to 104K tons. The total import volume increased at an average annual rate of +1.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, caustic soda imports surged to $44M in 2022. Over the period under review, imports enjoyed a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Caustic Soda in Belarus (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 25.3 | 17.5 | 16.5 | 38.9 | 15.4% |
Hungary | N/A | 0.1 | 0.2 | 1.7 | 312.3% |
China | 0.9 | 0.2 | 0.5 | 1.4 | 15.9% |
Ukraine | 3.9 | 5.3 | 2.5 | 1.0 | -36.5% |
Others | 1.4 | 0.8 | 1.5 | 0.7 | -20.6% |
Total | 31.6 | 23.9 | 21.2 | 43.8 | 11.5% |
Top Suppliers of Caustic Soda to Belarus in 2022:
- Russia (88.5K tons)
- Hungary (8.1K tons)
- Ukraine (2.8K tons)
- China (1.6K tons)
Caustic Soda Exports in Belarus
After three years of growth, overseas shipments of caustic soda decreased by -72.1% to 4.2 tons in 2022. In general, exports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 96% against the previous year. As a result, the exports attained the peak of 15 tons, and then fell notably in the following year.
In value terms, caustic soda exports declined remarkably to $4.1K in 2022. Overall, exports recorded a deep reduction. The growth pace was the most rapid in 2021 with an increase of 77% against the previous year. As a result, the exports reached the peak of $15K, and then dropped significantly in the following year.
Export of Caustic Soda in Belarus (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 0.3 | 1.0 | 3.2 | 1.4 | 67.1% |
Ukraine | 0.1 | 1.8 | 1.2 | 1.2 | 128.9% |
Sudan | 0.6 | 1.9 | 6.7 | 0.3 | -20.6% |
Lithuania | 0.4 | 1.3 | 2.9 | 0.2 | -20.6% |
Kazakhstan | 0.1 | 0.1 | 0.7 | 0.2 | 26.0% |
Uzbekistan | 1.1 | 1.9 | N/A | N/A | 72.7% |
Poland | 2.9 | N/A | N/A | N/A | 0% |
Egypt | 1.3 | N/A | N/A | N/A | 0% |
Others | N/A | 0.3 | N/A | 0.7 | 52.8% |
Total | 6.8 | 8.2 | 14.6 | 4.1 | -15.5% |
Top Export Markets for Caustic Soda from Belarus in 2022:
- Russia (3147.0 kg)
- Ukraine (680.0 kg)
- Sudan (209.0 kg)
- Lithuania (182.0 kg)
- Kazakhstan (79.0 kg)
This report provides an in-depth analysis of the caustic soda 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 20132525 - Sodium hydroxide (caustic soda), solid
- Prodcom 20132527 - Sodium hydroxide in aqueous solution (soda lye or liquid soda)
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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