Belarus - Multimeters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMultimeter Price in Belarus - 2022
Contents:
- Multimeter Price in Belarus (CIF) - 2022
- Multimeter Price in Belarus (FOB) - 2022
- Multimeter Imports in Belarus
- Multimeter Exports in Belarus
Multimeter Price in Belarus (CIF) - 2022
The average multimeter import price stood at $14 per unit in 2022, which is down by -12.3% against the previous year. Overall, the import price showed a abrupt setback. The growth pace was the most rapid in 2014 when the average import price increased by 53%. As a result, import price attained the peak level of $52 per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($17 per unit), while the price for Russia ($10 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-2.6%), while the prices for the other major suppliers experienced a decline.
Multimeter Price in Belarus (FOB) - 2022
The average multimeter export price stood at $1.9 per unit in 2022, reducing by -20.6% against the previous year. Overall, the export price recorded a dramatic downturn. The most prominent rate of growth was recorded in 2013 when the average export price increased by 16% against the previous year. The export price peaked at $74 per unit in 2014; however, from 2015 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 -29.9% per year.
Multimeter Imports in Belarus
In 2022, purchases abroad of multimeters decreased by -9.7% to 128K units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +3.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 15%. As a result, imports reached the peak of 141K units, and then dropped in the following year.
In value terms, multimeter imports shrank rapidly to $1.8M in 2022. Overall, imports saw a abrupt downturn. The smallest decline of -14.6% was in 2020. Over the period under review, imports hit record highs at $3.2M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Multimeter in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1,749 | 1,507 | 1,264 | 950 | -18.4% |
| China | 274 | 318 | 311 | 202 | -9.7% |
| Germany | 513 | 278 | 29.9 | 172 | -30.5% |
| Poland | 92.5 | 33.1 | 49.9 | 36.9 | -26.4% |
| Others | 606 | 625 | 613 | 435 | -10.5% |
| Total | 3,233 | 2,761 | 2,268 | 1,796 | -17.8% |
Top Suppliers of Multimeter to Belarus in 2022:
- Russia (92.3K units)
- China (16.8K units)
- Germany (10.3K units)
- Poland (2.2K units)
Multimeter Exports in Belarus
For the fourth consecutive year, Belarus recorded growth in shipments abroad of multimeters, which increased by 33% to 325K units in 2022. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 102%. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, multimeter exports expanded rapidly to $633K in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +8.8% 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 decreased by -26.2% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 75% against the previous year. As a result, the exports reached the peak of $858K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Multimeter in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 401 | 379 | 481 | 529 | 9.7% |
| Poland | N/A | 385 | 34.9 | N/A | -90.9% |
| Others | 89.7 | 93.4 | 85.0 | 104 | 5.1% |
| Total | 491 | 858 | 601 | 633 | 8.8% |
Top Export Markets for Multimeter from Belarus in 2022:
- Russia (321.8K units)
This report provides an in-depth analysis of the multimeter 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 26514310 - Multimeters
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
-
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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