Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Belarus - 2022

Contents:

1. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Belarus (CIF) - 2022
2. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Belarus (FOB) - 2022
3. Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Belarus
4. Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Belarus

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Belarus (CIF) - 2022

In March 2022, the average import price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses amounted to $4,066 per unit, waning by -20.9% against the previous month. Over the period under review, the import price faced a precipitous decline. As a result, import price attained the peak level of $5,139 per unit, and then dropped remarkably in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($29,100 per unit), while the price for Italy ($1,392 per unit) was amongst the lowest.

From February 2022 to March 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+13.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Belarus (FOB) - 2022

The average export price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses stood at $1,696 per unit in 2022, falling by -25.1% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average export price increased by 20%. The export price peaked at $2,263 per unit in 2021, and then contracted notably in the following year.

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 -0.6% per year.

Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Belarus

In 2022, imports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses into Belarus declined notably to 277 units, with a decrease of -47.6% on 2021. Over the period under review, imports recorded a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 27% against the previous year. As a result, imports attained the peak of 529 units, and then reduced notably in the following year.

In value terms, imports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses declined markedly to $524K in 2022. Overall, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 20%. Imports peaked at $844K in 2021, and then reduced dramatically in the following year.

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices to Belarus in 2022:

1. Italy (117.0 units)
2. Austria (42.0 units)
3. Poland (33.0 units)
4. Bulgaria (25.0 units)
5. Russia (23.0 units)
6. Ukraine (12.0 units)
7. Germany (9.0 units)
8. China (5.0 units)

Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Belarus

For the fourth year in a row, Belarus recorded growth in shipments abroad of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses, which increased by 34% to 173 units in 2022. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 382%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses totaled $293K in 2022. Over the period under review, exports recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 338%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.

Top Export Markets for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices from Belarus in 2022:

1. Russia (173.0 units)

Source: IndexBox Market Intelligence Platform