Price for Shavers; with Self-Contained Electric Motor in Belarus - 2022

Contents:

1. Price for Shavers; with Self-Contained Electric Motor in Belarus (CIF) - 2022
2. Price for Shavers; with Self-Contained Electric Motor in Belarus (FOB) - 2022
3. Imports of Shavers; with Self-Contained Electric Motor in Belarus
4. Exports of Shavers; with Self-Contained Electric Motor in Belarus

Price for Shavers; with Self-Contained Electric Motor in Belarus (CIF) - 2022

In March 2022, the average import price for shavers; with self-contained electric motors amounted to $12.9 per unit, shrinking by -21.4% against the previous month. In general, the import price faced a deep reduction. The growth pace was the most rapid in October 2021 an increase of 46% m-o-m. The import price peaked at $93.5 per unit in July 2021; however, from August 2021 to March 2022, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Russia ($34.5 per unit), while the price for China stood at $7.7 per unit.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Russia (-6.7%).

Price for Shavers; with Self-Contained Electric Motor in Belarus (FOB) - 2022

The average export price for shavers; with self-contained electric motors stood at $11.6 per unit in March 2022, dropping by -45.2% against the previous month. Over the period under review, the export price faced a drastic downturn. The most prominent rate of growth was recorded in June 2021 an increase of 151% against the previous month. Over the period under review, the average export prices hit record highs at $100 per unit in September 2021; however, from October 2021 to March 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 March 2021 to March 2022, the rate of growth in terms of prices for Russia amounted to -11.2% per month.

Imports of Shavers; with Self-Contained Electric Motor in Belarus

In 2022, imports of shavers; with self-contained electric motors into Belarus was estimated at 247K units, increasing by 7.3% compared with the previous year. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +17.6% 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 +78.1% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 66%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, shavers; with self-contained electric motor imports fell to $3.4M in 2022. The total import value increased at an average annual rate of +5.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 27% against the previous year. As a result, imports reached the peak of $3.9M, and then fell in the following year.

Top Suppliers of Shavers; with Self-Contained Electric Motor to Belarus in 2022:

1. China (151.8K units)
2. Russia (92.2K units)

Exports of Shavers; with Self-Contained Electric Motor in Belarus

In 2022, shavers; with self-contained electric motor exports from Belarus soared to 244K units, surging by 23% on the previous year. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 199% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, shavers; with self-contained electric motor exports expanded slightly to $1.9M in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +15.5% 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 increased by +54.1% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 37%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Top Export Markets for Shavers; with Self-Contained Electric Motor from Belarus in 2022:

1. Russia (119.5K units)

Source: IndexBox Market Intelligence Platform