Report Belarus - Binoculars - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Nov 11, 2022

Belarus - Binoculars - Market Analysis, Forecast, Size, Trends and Insights

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Belarus: Binocular Market 2022

Binocular Market Size in Belarus

In 2021, after two years of decline, there was significant growth in the Belarusian binocular market, when its value increased by 120% to $X. Overall, consumption, however, recorded a slight decline. Binocular consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Binocular Production in Belarus

In value terms, binocular production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a abrupt shrinkage. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Binocular Exports

Exports from Belarus

In 2021, exports of binoculars from Belarus reduced remarkably to X units, which is down by -46.2% against the year before. Over the period under review, exports showed a significant decline. The pace of growth was the most pronounced in 2014 with an increase of 80%. As a result, the exports reached the peak of X units. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, binocular exports soared to $X in 2021. In general, exports showed a abrupt decrease. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Russia (X units) was the main destination for binocular exports from Belarus, with a 72% share of total exports. Moreover, binocular exports to Russia exceeded the volume sent to the second major destination, the United States (X units), tenfold. Ethiopia (X units) ranked third in terms of total exports with a 6.7% share.

From 2012 to 2021, the average annual growth rate of volume to Russia stood at -22.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-39.1% per year) and Ethiopia (0.0% per year).

In value terms, Ethiopia ($X) emerged as the key foreign market for binocular exports from Belarus, comprising 66% of total exports. The second position in the ranking was held by Russia ($X), with an 18% share of total exports. It was followed by Slovakia, with a 4.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Ethiopia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-22.3% per year) and Slovakia (-6.2% per year).

Export Prices by Country

The average binocular export price stood at $X per unit in 2021, jumping by 180% against the previous year. Over the period under review, the export price showed a buoyant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Ethiopia ($X per unit), while the average price for exports to Ukraine ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

Binocular Imports

Imports into Belarus

In 2021, approx. X units of binoculars were imported into Belarus; with an increase of 68% against the previous year's figure. In general, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2017 with an increase of 188%. Over the period under review, imports reached the maximum in 2021 and are likely to see steady growth in the immediate term.

In value terms, binocular imports soared to $X in 2021. Overall, imports recorded a buoyant expansion. The growth pace was the most rapid in 2017 with an increase of 96% against the previous year. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) was the main supplier of binocular to Belarus, with a 92% share of total imports. Moreover, binocular imports from China exceeded the figures recorded by the second-largest supplier, Russia (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +30.2%.

In value terms, Russia ($X) and China ($X) appeared to be the largest binocular suppliers to Belarus.

Russia, with a CAGR of +16.2%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

The average binocular import price stood at $X per unit in 2021, picking up by 4.2% against the previous year. In general, the import price, however, showed a drastic downturn. The pace of growth was the most pronounced in 2018 when the average import price increased by 6.5%. Over the period under review, average import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+4.2%).

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for binoculars in the world?
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The countries with the highest volumes of consumption in 2021 were China, the United States and Russia, with a combined 37% share of global consumption. These countries were followed by Pakistan, France, Germany, India, Japan, the UK, Spain, Indonesia, Turkey and Italy, which together accounted for a further 30%.
What are the largest producers of binoculars in the world?
+
The country with the largest volume of binocular production was China, accounting for 67% of total volume. Moreover, binocular production in China exceeded the figures recorded by the second-largest producer, Pakistan, more than tenfold. Russia ranked third in terms of total production with a 4.1% share.
What are the leading suppliers of binoculars to Belarus?
+
In value terms, the largest binocular suppliers to Belarus were Russia and China.
What are the leading importers of binoculars from Belarus?
+
In value terms, Ethiopia emerged as the key foreign market for binocular exports from Belarus, comprising 66% of total exports. The second position in the ranking was taken by Russia, with an 18% share of total exports. It was followed by Slovakia, with a 4.8% share.
What is the average export price for binoculars in Belarus?
+
The average binocular export price stood at $572 per unit in 2021, rising by 180% against the previous year.
What is the average import price for binoculars in Belarus?
+
In 2021, the average binocular import price amounted to $8.4 per unit, growing by 4.2% against the previous year.

This report provides an in-depth analysis of the binocular 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 26702230 - Binoculars (including night vision binoculars)
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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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