Belarus - Personal Weighing Machines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPersonal Weighing Machine Price in Belarus - 2022
Contents:
- Personal Weighing Machine Price in Belarus (CIF) - 2022
- Personal Weighing Machine Price in Belarus (FOB) - 2022
- Personal Weighing Machine Imports in Belarus
- Personal Weighing Machine Exports in Belarus
Personal Weighing Machine Price in Belarus (CIF) - 2022
In March 2022, the average personal weighing machine import price amounted to $1.5 per unit, which is down by -21.2% against the previous month. Over the period under review, the import price continues to indicate a deep setback. The most prominent rate of growth was recorded in December 2021 when the average import price increased by 53% m-o-m. As a result, import price attained the peak level of $11.5 per unit. From January 2022 to March 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Russia ($5.6 per unit), while the price for China amounted to $1.3 per unit.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Russia (-6.1%).
Personal Weighing Machine Price in Belarus (FOB) - 2022
In March 2022, the average personal weighing machine export price amounted to $549 per thousand units, with a decrease of -17.3% against the previous month. Over the period under review, the export price faced a abrupt shrinkage. The pace of growth was the most pronounced in October 2021 when the average export price increased by 54% month-to-month. As a result, the export price attained the peak level of $6.2 per unit. From November 2021 to March 2022, the the average 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 March 2021 to March 2022, the rate of growth in terms of prices for Russia amounted to -13.9% per month.
Personal Weighing Machine Imports in Belarus
Personal weighing machine imports into Belarus dropped to 2.2M units in 2022, waning by -13.5% on the year before. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +7.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 62% against the previous year. As a result, imports reached the peak of 2.5M units, and then reduced in the following year.
In value terms, personal weighing machine imports fell remarkably to $2.9M in 2022. Over the period under review, imports recorded a perceptible slump. The most prominent rate of growth was recorded in 2021 when imports increased by 29%. As a result, imports attained the peak of $3.9M, and then fell significantly in the following year.
Import of Personal Weighing Machine in Belarus (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.5 | 2.3 | 3.1 | 2.4 | -1.4% |
Russia | 0.7 | 0.7 | 0.7 | 0.5 | -10.6% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 3.3 | 3.0 | 3.9 | 2.9 | -4.2% |
Top Suppliers of Personal Weighing Machine to Belarus in 2022:
- China (2040.8K units)
- Russia (108.6K units)
Personal Weighing Machine Exports in Belarus
For the fourth year in a row, Belarus recorded growth in shipments abroad of personal weighing machines, which increased by 45% to 2.5M units in 2022. In general, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 95% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, personal weighing machine exports skyrocketed to $1.5M in 2022. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 43% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
Export of Personal Weighing Machine in Belarus (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 571 | 869 | 1,116 | 1,405 | 35.0% |
Others | 50.4 | 19.9 | 39.4 | 48.7 | -1.1% |
Total | 621 | 889 | 1,156 | 1,454 | 32.8% |
Top Export Markets for Personal Weighing Machine from Belarus in 2022:
- Russia (2.5M units)
This report provides an in-depth analysis of the personal weighing machine 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 28293200 - Personal weighing machines, including baby scales, h ousehold scales
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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