Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Belarus - 2022
Contents:
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Belarus (CIF) - 2022
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Belarus (FOB) - 2022
- Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Belarus
- Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Belarus
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Belarus (CIF) - 2022
The average import price for adhesives; prepared, based on rubber or plastics (including artificial resins) stood at $3,693 per ton in March 2022, with an increase of 7.6% against the previous month. Over the period from March 2021 to March 2022, it increased at an average monthly rate of +2.8%. The most prominent rate of growth was recorded in June 2021 an increase of 14% against the previous month. Over the period under review, average import prices reached the maximum in March 2022.
There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Germany ($5,227 per ton), while the price for Sweden ($905 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 Poland (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Belarus (FOB) - 2022
In March 2022, the average export price for adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $2,782 per ton, declining by -27.2% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2021 an increase of 64% month-to-month. As a result, the export price reached the peak level of $3,983 per ton. From July 2021 to March 2022, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Kyrgyzstan ($3,667 per ton), while the average price for exports to Kazakhstan ($1,674 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Belarus
In 2022, supplies from abroad of adhesives; prepared, based on rubber or plastics (including artificial resins) decreased by -10.8% to 7K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +3.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 15%.
In value terms, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) skyrocketed to $28M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +18.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 27% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.
| Import of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.9 | 6.1 | 8.0 | 9.1 | 32.6% |
| Italy | 1.4 | 2.7 | 3.7 | 4.2 | 44.2% |
| Russia | 2.6 | 2.7 | 3.0 | 3.4 | 9.4% |
| Poland | 2.5 | 1.7 | 1.9 | 2.3 | -2.7% |
| China | 1.3 | 1.2 | 1.8 | 2.0 | 15.4% |
| Turkey | 0.8 | 0.8 | 1.1 | 1.3 | 17.6% |
| Lithuania | 1.6 | 0.6 | 0.7 | 1.1 | -11.7% |
| Slovenia | 0.5 | 0.5 | 0.6 | 0.7 | 11.9% |
| Others | 2.3 | 2.7 | 3.3 | 3.8 | 18.2% |
| Total | 17.0 | 19.1 | 24.2 | 27.9 | 18.0% |
Top Suppliers of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) to Belarus in 2022:
- Germany (1701.8 tons)
- Italy (1160.9 tons)
- Russia (852.4 tons)
- Poland (848.1 tons)
- China (556.5 tons)
- Turkey (423.3 tons)
- Lithuania (318.3 tons)
- Slovenia (272.3 tons)
Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Belarus
After three years of growth, overseas shipments of adhesives; prepared, based on rubber or plastics (including artificial resins) decreased by -29.6% to 624 tons in 2022. Over the period under review, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 11%. As a result, the exports reached the peak of 886 tons, and then fell remarkably in the following year.
In value terms, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) dropped to $2.3M in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +8.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +32.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. As a result, the exports reached the peak of $2.5M, and then declined in the following year.
| Export of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1,609 | 1,421 | 2,033 | 1,919 | 6.0% |
| Ukraine | 46.9 | 122 | 197 | 186 | 58.3% |
| Kazakhstan | 102 | 110 | 153 | 144 | 12.2% |
| Others | 52.1 | 97.1 | 117 | 63.6 | 6.9% |
| Total | 1,810 | 1,750 | 2,499 | 2,313 | 8.5% |
Top Export Markets for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) from Belarus in 2022:
- Russia (495.2 tons)
- Ukraine (57.2 tons)
- Kazakhstan (56.8 tons)
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