Report Belarus - Direction Finding Compasses - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Nov 4, 2022

Belarus - Direction Finding Compasses - Market Analysis, Forecast, Size, Trends and Insights

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Belarus: Direction Finding Compass Market 2022

Direction Finding Compass Market Size in Belarus

In 2021, the Belarusian direction finding compass market increased by 96% to $X, rising for the fourth year in a row after five years of decline. Over the period under review, consumption showed a strong increase. Direction finding compass consumption peaked in 2021 and is expected to retain growth in the immediate term.

Direction Finding Compass Production in Belarus

In value terms, direction finding compass production amounted to $X in 2021 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the production volume increased by 116% against the previous year. Direction finding compass production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Direction Finding Compass Exports

Exports from Belarus

Direction finding compass exports from Belarus expanded notably to X units in 2021, surging by 8.9% on the previous year. Overall, exports, however, saw a drastic downturn. The pace of growth appeared the most rapid in 2014 when exports increased by 295% against the previous year. The exports peaked at X units in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, direction finding compass exports skyrocketed to $X in 2021. In general, exports showed a perceptible expansion. The pace of growth appeared the most rapid in 2014 with an increase of 382%. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X units) was the main destination for direction finding compass exports from Belarus, with a 100% share of total exports. It was followed by Poland (X units), with a 0.2% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Russia totaled -10.7%.

In value terms, Poland ($X) emerged as the key foreign market for direction finding compass exports from Belarus, comprising 87% of total exports. The second position in the ranking was taken by Russia ($X), with a 5.8% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Poland stood at +5.6%.

Export Prices by Country

In 2021, the average direction finding compass export price amounted to $X per unit, with an increase of 13% against the previous year. Overall, the export price recorded a buoyant expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by 49%. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Poland ($X per unit), while the average price for exports to Russia totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+3,646.5%), while the prices for the other major destinations experienced more modest paces of growth.

Direction Finding Compass Imports

Imports into Belarus

In 2021, approx. X units of direction finding compasses were imported into Belarus; with an increase of 56% compared with the year before. In general, imports saw significant growth. The pace of growth appeared the most rapid in 2013 with an increase of 169%. Over the period under review, imports reached the peak figure in 2021 and are likely to continue growth in the near future.

In value terms, direction finding compass imports skyrocketed to $X in 2021. Overall, imports posted a buoyant increase. The pace of growth appeared the most rapid in 2013 when imports increased by 231%. Imports peaked in 2021 and are likely to continue growth in the near future.

Imports by Country

In 2021, China (X units) was the main direction finding compass supplier to Belarus, accounting for a 98% share of total imports. It was followed by Russia (X units), with a 1% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +35.0%.

In value terms, China ($X) constituted the largest supplier of direction finding compass to Belarus, comprising 55% of total imports. The second position in the ranking was taken by Russia ($X), with a 5.6% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +37.3%.

Import Prices by Country

In 2021, the average direction finding compass import price amounted to $X per unit, waning by -9.4% against the previous year. Over the period under review, the import price saw a abrupt slump. The most prominent rate of growth was recorded in 2013 an increase of 23% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Russia ($X per unit), while the price for China amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+1.7%).

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 direction finding compasses in the world?
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China remains the largest direction finding compass consuming country worldwide, accounting for 34% of total volume. Moreover, direction finding compass consumption in China exceeded the figures recorded by the second-largest consumer, Japan, threefold. Norway ranked third in terms of total consumption with a 7.4% share.
What are the largest producers of direction finding compasses in the world?
+
The country with the largest volume of direction finding compass production was China, accounting for 53% of total volume. Moreover, direction finding compass production in China exceeded the figures recorded by the second-largest producer, Japan, fourfold. The third position in this ranking was held by Norway, with a 7.1% share.
What are the leading suppliers of direction finding compasses to Belarus?
+
In value terms, China constituted the largest supplier of direction finding compass to Belarus, comprising 55% of total imports. The second position in the ranking was taken by Russia, with a 5.6% share of total imports.
What are the leading importers of direction finding compasses from Belarus?
+
In value terms, Poland emerged as the key foreign market for direction finding compass exports from Belarus, comprising 87% of total exports. The second position in the ranking was taken by Russia, with a 5.8% share of total exports.
What is the average export price for direction finding compasses in Belarus?
+
The average direction finding compass export price stood at $22 per unit in 2021, increasing by 13% against the previous year.
What is the average import price for direction finding compasses in Belarus?
+
In 2021, the average direction finding compass import price amounted to $6.3 per unit, with a decrease of -9.4% against the previous year.

This report provides an in-depth analysis of the direction finding compass 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 26511120 - Direction finding compasses (including magnetic, gyroscopic, b innacle and position finding)
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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