Belarus - Thermostats - Market Analysis, Forecast, Size, Trends and Insights
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View PricingThermostat Price in Belarus - 2022
Contents:
- Thermostat Price in Belarus (CIF) - 2022
- Thermostat Price in Belarus (FOB) - 2022
- Thermostat Imports in Belarus
- Thermostat Exports in Belarus
Thermostat Price in Belarus (CIF) - 2022
The average thermostat import price stood at $1.2 per unit in March 2022, rising by 47% against the previous month. In general, the import price, however, showed a noticeable reduction. The import price peaked at $1.8 per unit in December 2021; however, from January 2022 to March 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Russia ($7.3 per unit), while the price for China ($317 per thousand units) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Russia (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Thermostat Price in Belarus (FOB) - 2022
The average thermostat export price stood at $0.8 per unit in 2022, dropping by -19.4% against the previous year. Over the period under review, the export price showed a precipitous curtailment. Over the period under review, the average export prices attained the maximum at $82 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($3.4 per unit), while the average price for exports to Russia stood at $0.7 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (-16.1%).
Thermostat Imports in Belarus
In 2022, overseas purchases of thermostats decreased by -10% to 4.5M 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 +7.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 31%. As a result, imports reached the peak of 5M units, and then reduced in the following year.
In value terms, thermostat imports fell slightly to $6M in 2022. Overall, imports recorded a mild downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 5.1% against the previous year. As a result, imports reached the peak of $6.5M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Thermostat in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1,718 | 1,740 | 1,545 | 1,512 | -4.2% |
| Slovakia | 817 | 1,023 | 1,109 | 1,022 | 7.7% |
| China | 821 | 1,079 | 866 | 836 | 0.6% |
| Czech Republic | 837 | 685 | 658 | 659 | -7.7% |
| Poland | 527 | 736 | 653 | 601 | 4.5% |
| Italy | 230 | 183 | 247 | 228 | -0.3% |
| Slovenia | 179 | 137 | 212 | 196 | 3.1% |
| Others | 1,081 | 943 | 864 | 969 | -3.6% |
| Total | 6,209 | 6,526 | 6,154 | 6,021 | -1.0% |
Top Suppliers of Thermostat to Belarus in 2022:
- Slovakia (1298.2K units)
- Czech Republic (954.0K units)
- Poland (752.3K units)
- Russia (522.6K units)
- Italy (382.0K units)
- Slovenia (207.0K units)
- China (169.8K units)
Thermostat Exports in Belarus
In 2022, approx. 1.2M units of thermostats were exported from Belarus; rising by 24% on 2021 figures. Over the period under review, exports posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 58% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, thermostat exports reached $937K in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 0.5% against the previous year. As a result, the exports attained the peak of $946K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Thermostat in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 778 | 794 | 796 | 796 | 0.8% |
| Ukraine | 90.2 | 114 | 79.5 | 93.0 | 1.0% |
| Others | 72.3 | 38.5 | 60.1 | 48.1 | -12.7% |
| Total | 941 | 946 | 936 | 937 | -0.1% |
Top Export Markets for Thermostat from Belarus in 2022:
- Russia (1144.3K units)
- Ukraine (27.4K units)
This report provides an in-depth analysis of the thermostat 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 26517015 - Electronic thermostats
- Prodcom 26517019 - Non-electronic thermostats
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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