Belarus - Steering Wheels, Steering Columns And Steering Boxes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Steering Wheels and Columns in Belarus - 2022
Contents:
- Price for Steering Wheels and Columns in Belarus (CIF) - 2022
- Price for Steering Wheels and Columns in Belarus (FOB) - 2022
- Imports of Steering Wheels and Columns in Belarus
- Exports of Steering Wheels and Columns in Belarus
Price for Steering Wheels and Columns in Belarus (CIF) - 2022
In March 2022, the average steering wheels and columns import price amounted to $4,074 per ton, waning by -17.9% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in January 2022 an increase of 21% against the previous month. As a result, import price attained the peak level of $5,331 per ton. From February 2022 to March 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was China ($7,563 per ton), while the price for Italy ($1,216 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by China (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steering Wheels and Columns in Belarus (FOB) - 2022
In March 2022, the average steering wheels and columns export price amounted to $9,003 per ton, with an increase of 60% against the previous month. Over the period under review, export price indicated prominent growth from March 2021 to March 2022: its price increased at an average monthly rate of +5.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, steering wheels and columns export price increased by +60.4% against February 2022 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In March 2022, the country with the highest price was Russia ($9,323 per ton), while the average price for exports to Germany ($4,787 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steering Wheels and Columns in Belarus
In 2022, approx. 4.7K tons of steering wheels, steering columns and steering boxes were imported into Belarus; picking up by 8.4% against the previous year. The total import volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, steering wheels and columns imports soared to $24M in 2022. The total import value increased at an average annual rate of +3.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Steering Wheels and Columns in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 5.7 | 5.9 | 7.3 | 7.8 | 11.0% |
| China | 5.8 | 5.1 | 2.1 | 4.6 | -7.4% |
| Turkey | 3.2 | 3.4 | 3.4 | 3.7 | 5.0% |
| Germany | 1.4 | 1.2 | 1.5 | 1.6 | 4.6% |
| Spain | 1.1 | 0.9 | 1.3 | 1.4 | 8.4% |
| Ukraine | 0.7 | 0.8 | 1.1 | 1.2 | 19.7% |
| South Korea | 0.5 | 0.4 | 0.4 | 0.5 | 0.0% |
| Lithuania | 0.4 | 0.4 | 0.2 | 0.4 | 0.0% |
| United States | 0.2 | 0.2 | 0.2 | 0.3 | 14.5% |
| United Kingdom | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| Others | 2.0 | 1.7 | 1.9 | 2.2 | 3.2% |
| Total | 21.3 | 20.1 | 19.7 | 23.6 | 3.5% |
Top Suppliers of Steering Wheels and Columns to Belarus in 2022:
- Russia (1918.6 tons)
- China (634.7 tons)
- Turkey (506.1 tons)
- Ukraine (300.9 tons)
- Germany (277.3 tons)
- Lithuania (182.5 tons)
- Spain (179.5 tons)
- United Kingdom (120.8 tons)
- United States (85.8 tons)
- South Korea (79.9 tons)
Exports of Steering Wheels and Columns in Belarus
For the third consecutive year, Belarus recorded decline in shipments abroad of steering wheels, steering columns and steering boxes, which decreased by -12.8% to 1.2K tons in 2022. In general, exports recorded a abrupt slump. The smallest decline of -1.7% was in 2021.
In value terms, steering wheels and columns exports soared to $9.4M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +13.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.2% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Steering Wheels and Columns in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 4.8 | 4.3 | 5.6 | 7.1 | 13.9% |
| Ukraine | 0.7 | 0.6 | 0.8 | 1.0 | 12.6% |
| Lithuania | 0.1 | 0.1 | 0.2 | 0.3 | 44.2% |
| Kazakhstan | 0.2 | 0.2 | 0.1 | 0.2 | 0.0% |
| Egypt | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
| Others | 0.5 | 0.6 | 0.5 | 0.7 | 11.9% |
| Total | 6.4 | 5.9 | 7.3 | 9.4 | 13.7% |
Top Export Markets for Steering Wheels and Columns from Belarus in 2022:
- Russia (941.3 tons)
- Ukraine (82.2 tons)
- Kazakhstan (18.7 tons)
- Lithuania (18.4 tons)
- Egypt (17.9 tons)
This report provides an in-depth analysis of the market for steering wheels and columns 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 29323067 - Steering wheels, steering columns and steering boxes, parts thereof
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.
-
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
-
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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