Belarus: Combined Refrigerator-Freezer Market 2024

Combined Refrigerator-Freezer Market Size in Belarus

In 2022, the Belarusian combined refrigerator-freezer market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption recorded a pronounced decline. Combined refrigerator-freezer consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Combined Refrigerator-Freezer Production in Belarus

In value terms, combined refrigerator-freezer production stood at $X in 2022 estimated in export price. Overall, production, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Combined refrigerator-freezer production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Combined Refrigerator-Freezer Exports

Exports from Belarus

In 2022, approx. X units of combined refrigerators-freezers were exported from Belarus; with an increase of X% compared with 2021. Over the period under review, exports, however, saw a perceptible shrinkage. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, combined refrigerator-freezer exports dropped rapidly to $X in 2022. In general, exports, however, continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2016 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X units) was the main destination for combined refrigerator-freezer exports from Belarus, with a X% share of total exports. Moreover, combined refrigerator-freezer exports to Russia exceeded the volume sent to the second major destination, Ukraine (X units), fivefold. The third position in this ranking was taken by Kazakhstan (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Russia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (X% per year) and Kazakhstan (X% per year).

In value terms, Russia ($X) remains the key foreign market for combined refrigerators-freezers exports from Belarus, comprising X% of total exports. The second position in the ranking was held by Ukraine ($X), with a X% share of total exports. It was followed by Kazakhstan, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Russia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (X% per year) and Kazakhstan (X% per year).

Export Prices by Country

The average combined refrigerator-freezer export price stood at $X per unit in 2022, dropping by X% against the previous year. Over the period under review, the export price recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Ukraine ($X per unit) and Russia ($X per unit), while the average price for exports to Uzbekistan ($X per unit) and Kazakhstan ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (X%), while the prices for the other major destinations experienced a decline.

Combined Refrigerator-Freezer Imports

Imports into Belarus

After two years of growth, purchases abroad of combined refrigerators-freezers decreased by X% to X units in 2022. Over the period under review, total imports indicated a noticeable expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2017 with an increase of X%. Imports peaked at X units in 2021, and then fell modestly in the following year.

In value terms, combined refrigerator-freezer imports fell slightly to $X in 2022. In general, total imports indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2017 with an increase of X%. Imports peaked at $X in 2021, and then reduced modestly in the following year.

Imports by Country

In 2022, Russia (X units) constituted the largest combined refrigerator-freezer supplier to Belarus, with a X% share of total imports. Moreover, combined refrigerator-freezer imports from Russia exceeded the figures recorded by the second-largest supplier, Poland (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia amounted to X%.

In value terms, Russia ($X) constituted the largest supplier of combined refrigerators-freezers to Belarus, comprising X% of total imports. The second position in the ranking was held by Poland ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Russia totaled X%.

Import Prices by Country

In 2022, the average combined refrigerator-freezer import price amounted to $X per unit, falling by X% against the previous year. Over the period under review, the import price continues to indicate a slight contraction. The pace of growth appeared the most rapid in 2021 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($X per unit), while the price for Russia amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%).

Source: IndexBox Platform

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