Life-Jackets and Life-Belts Price in Belarus - 2022

Life-Jackets and Life-Belts Price in Belarus (CIF) - 2022

The average life-jackets and life-belts import price stood at $8,040 per ton in 2022, reducing by -17% against the previous year. Overall, the import price saw a noticeable decrease. The growth pace was the most rapid in 2017 an increase of 53% against the previous year. The import price peaked at $13,303 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($9,387 per ton), while the price for Russia totaled $6,599 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-4.6%).

Life-Jackets and Life-Belts Price in Belarus (FOB) - 2022

In 2022, the average life-jackets and life-belts export price amounted to $24,559 per ton, increasing by 19% against the previous year. In general, the export price, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2014 an increase of 209% against the previous year. The export price peaked at $121,701 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -0.8% per year.

Life-Jackets and Life-Belts Imports in Belarus

For the third consecutive year, Belarus recorded decline in overseas purchases of life-jackets and life-beltses, which decreased by -16.1% to 19 tons in 2022. Over the period under review, imports continue to indicate a deep downturn. The smallest decline of -12% was in 2020.

In value terms, life-jackets and life-belts imports declined remarkably to $156K in 2022. Overall, imports faced a sharp shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 4.6%.

Import of Life-Jackets and Life-Belts in Belarus (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Russia	234	174	155	112	-21.8%
China	11.5	8.4	24.9	15.3	10.0%
Others	78.4	31.5	44.1	28.5	-28.6%
Total	324	214	224	156	-21.6%

Top Suppliers of Life-Jackets and Life-Belts to Belarus in 2022:

Russia (17.0 tons)
China (1.6 tons)

Life-Jackets and Life-Belts Exports in Belarus

In 2022, the amount of life-jackets and life-beltses exported from Belarus contracted sharply to 2.2 tons, with a decrease of -71.6% against the previous year. Overall, exports continue to indicate a sharp downturn. The growth pace was the most rapid in 2021 with an increase of 343% against the previous year. As a result, the exports attained the peak of 7.9 tons, and then declined sharply in the following year.

In value terms, life-jackets and life-belts exports declined remarkably to $55K in 2022. Over the period under review, exports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2021 when exports increased by 472%. As a result, the exports attained the peak of $162K, and then shrank dramatically in the following year.