Belarus - Whisky - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWhisky Price in Belarus - 2022
Contents:
- Whisky Price in Belarus (CIF) - 2022
- Whisky Price in Belarus (FOB) - 2022
- Whisky Imports in Belarus
- Whisky Exports in Belarus
Whisky Price in Belarus (CIF) - 2022
In March 2022, the average whisky import price amounted to $5.9 per litre, with an increase of 13% against the previous month. Over the period from March 2021 to March 2022, it increased at an average monthly rate of +2.5%. The pace of growth appeared the most rapid in April 2021 when the average import price increased by 76% month-to-month. As a result, import price reached the peak level of $7.7 per litre. From May 2021 to March 2022, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Ireland ($9.6 per litre), while the price for Canada ($4.9 per litre) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by the UK (+2.7%), while the prices for the other major suppliers experienced a decline.
Whisky Price in Belarus (FOB) - 2022
In 2022, the average whisky export price amounted to $7.8 per litre, dropping by -12.3% against the previous year. Overall, the export price saw a noticeable descent. The most prominent rate of growth was recorded in 2019 when the average export price increased by 19% against the previous year. The export price peaked at $10 per litre in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($3.6 per litre), while the average price for exports to Russia amounted to $3 per litre.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-0.8%), while the prices for the other major destinations experienced a decline.
Whisky Imports in Belarus
In 2022, the amount of whisky imported into Belarus reduced slightly to 4.8M litres, almost unchanged from the previous year's figure. Overall, imports recorded a mild descent. The most prominent rate of growth was recorded in 2021 with an increase of 2.6% against the previous year. Imports peaked at 5M litres in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, whisky imports rose remarkably to $30M in 2022. The total import value increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 15%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Whisky in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 16.7 | 15.7 | 17.9 | 19.1 | 4.6% |
| United States | 4.4 | 3.1 | 4.1 | 4.4 | 0.0% |
| Ireland | 2.7 | 2.8 | 2.7 | 2.9 | 2.4% |
| Canada | 2.0 | 1.1 | 1.5 | 1.6 | -7.2% |
| Moldova | 0.8 | 0.8 | 0.9 | 1.0 | 7.7% |
| Azerbaijan | 0.4 | N/A | 0.2 | 0.2 | -20.6% |
| Others | 0.6 | 1.1 | 0.7 | 0.6 | 0.0% |
| Total | 27.6 | 24.6 | 28.1 | 29.9 | 2.7% |
Top Suppliers of Whisky to Belarus in 2022:
- United Kingdom (3134.9K litres)
- United States (467.2K litres)
- Moldova (352.2K litres)
- Canada (320.1K litres)
- Ireland (292.1K litres)
- Azerbaijan (97.3K litres)
Whisky Exports in Belarus
In 2022, approx. 1.3M litres of whisky were exported from Belarus; with an increase of 14% on 2021. In general, exports, however, continue to indicate a abrupt setback. Over the period under review, the exports hit record highs at 2M litres in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, whisky exports stood at $9.9M in 2022. Overall, exports, however, saw a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 7.3%. The exports peaked at $17M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Whisky in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 136 | 97.1 | 1,059 | 831 | 82.8% |
| Kazakhstan | 0.4 | 47.3 | 50.7 | 39.8 | 363.4% |
| Armenia | N/A | N/A | 43.9 | N/A | 0% |
| Others | 17,198 | 9,024 | 8,688 | 8,992 | -19.4% |
| Total | 17,334 | 9,168 | 9,841 | 9,863 | -17.1% |
Top Export Markets for Whisky from Belarus in 2022:
- Russia (275.0K litres)
- Kazakhstan (10.9K litres)
This report provides an in-depth analysis of the whisky 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 11011030 - Whisky (important: excluding alcohol duty)
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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