Price for Hydrogen, Rare Gases and Other Non-Metals in Belarus - 2022

Contents:

  1. Price for Hydrogen, Rare Gases and Other Non-Metals in Belarus (CIF) - 2022
  2. Price for Hydrogen, Rare Gases and Other Non-Metals in Belarus (FOB) - 2022
  3. Imports of Hydrogen, Rare Gases and Other Non-Metals in Belarus
  4. Exports of Hydrogen, Rare Gases and Other Non-Metals in Belarus

Price for Hydrogen, Rare Gases and Other Non-Metals in Belarus (CIF) - 2022

In 2022, the average import price for hydrogen, rare gases and other non-metalses amounted to $0.5 per cubic meter, declining by -26.7% against the previous year. Over the period under review, the import price recorded a noticeable decrease. The most prominent rate of growth was recorded in 2016 an increase of 38% against the previous year. The import price peaked at $0.6 per cubic meter in 2021, and then declined markedly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ukraine ($1.1 per cubic meter), while the price for Lithuania ($0.4 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+8.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Hydrogen, Rare Gases and Other Non-Metals in Belarus (FOB) - 2022

In March 2022, the average export price for hydrogen, rare gases and other non-metalses amounted to $2.4 per cubic meter, reducing by -13.9% against the previous month. Overall, the export price faced a abrupt curtailment. As a result, the export price attained the peak level of $2.8 per cubic meter, and then shrank in the following month.

There were significant differences in the average prices for the major external markets. In March 2022, the country with the highest price was Russia ($3.7 per cubic meter), while the average price for exports to Moldova totaled $1.2 per cubic meter.

From February 2022 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hydrogen, Rare Gases and Other Non-Metals in Belarus

After two years of decline, supplies from abroad of hydrogen, rare gases and other non-metalses increased by 35% to 19M cubic meters in 2022. Over the period under review, imports, however, recorded a perceptible descent. Imports peaked at 20M cubic meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of hydrogen, rare gases and other non-metalses reduced modestly to $8.7M in 2022. The total import value increased at an average annual rate of +2.7% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 27%. As a result, imports attained the peak of $8.8M, and then fell in the following year.

Import of Hydrogen, Rare Gases and Other Non-Metals in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia6.85.36.16.4-2.0%
Ukraine1.01.21.71.821.6%
Others0.20.40.90.535.7%
Total8.06.98.88.72.8%

Top Suppliers of Hydrogen, Rare Gases and Other Non-Metals to Belarus in 2022:

  1. Russia (17.0M cubic meters)
  2. Ukraine (1.7M cubic meters)

Exports of Hydrogen, Rare Gases and Other Non-Metals in Belarus

After three years of growth, overseas shipments of hydrogen, rare gases and other non-metalses decreased by -33.6% to 6.3M cubic meters in 2022. Overall, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 345% against the previous year. As a result, the exports reached the peak of 9.4M cubic meters, and then shrank significantly in the following year.

In value terms, exports of hydrogen, rare gases and other non-metalses contracted markedly to $2.9M in 2022. In general, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 310%. As a result, the exports reached the peak of $3.6M, and then contracted sharply in the following year.

Export of Hydrogen, Rare Gases and Other Non-Metals in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia5103762,8022,29265.0%
Ukraine11125855945760.3%
Poland210118143126-15.7%
Others58.111446.828.8-20.9%
Total8888663,5512,90448.4%

Top Export Markets for Hydrogen, Rare Gases and Other Non-Metals from Belarus in 2022:

  1. Russia (4.6M cubic meters)
  2. Ukraine (1.3M cubic meters)
  3. Poland (0.3M cubic meters)

Source: IndexBox Market Intelligence Platform

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