Belarus: Disc Harrow Market 2022

Disc Harrow Market Size in Belarus

The Belarusian disc harrow market shrank sharply to $X in 2021, reducing by -X% against the previous year. In general, consumption saw a noticeable descent. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Disc Harrow Production in Belarus

In value terms, disc harrow production declined modestly to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.

Disc Harrow Exports

Exports from Belarus

In 2021, exports of disc harrows from Belarus skyrocketed to X units, jumping by X% compared with the previous year's figure. Over the period under review, exports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, disc harrow exports surged to $X in 2021. Overall, exports posted a prominent expansion. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the near future.

Exports by Country

Russia (X units) was the main destination for disc harrow exports from Belarus, accounting for a X% share of total exports. Moreover, disc harrow exports to Russia exceeded the volume sent to the second major destination, Kazakhstan (X units), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+X% per year) and Lithuania (+X% per year).

In value terms, Russia ($X) remains the key foreign market for disc harrow exports from Belarus, comprising X% of total exports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Russia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+X% per year) and Lithuania (+X% per year).

Export Prices by Country

In 2021, the average disc harrow export price amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2021, the country with the highest price was Lithuania ($X per unit), while the average price for exports to Kazakhstan ($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 Lithuania (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Disc Harrow Imports

Imports into Belarus

In 2021, the amount of disc harrows imported into Belarus soared to X units, increasing by X% compared with 2020 figures. Overall, imports, however, recorded a noticeable descent. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, disc harrow imports skyrocketed to $X in 2021. In general, imports, however, saw a noticeable descent. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Ukraine (X units), Germany (X units) and Russia (X units) were the main suppliers of disc harrow imports to Belarus, together accounting for X% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ukraine (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Ukraine ($X) and Russia ($X) appeared to be the largest disc harrow suppliers to Belarus, together comprising X% of total imports.

In terms of the main suppliers, Ukraine, with a CAGR of +X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average disc harrow import price stood at $X per unit in 2021, waning by -X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Austria ($X per unit), while the price for Ukraine ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform