Belarus: Jacks And Hoists Market 2024

Jacks And Hoists Market Size in Belarus

The Belarusian jacks and hoists market rose to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption, however, saw a abrupt decline. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Jacks And Hoists Production in Belarus

In value terms, jacks and hoists production contracted to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt downturn. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

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Jacks And Hoists Exports

Exports from Belarus

In 2022, shipments abroad of jacks and hoists for raising vehicles decreased by X% to X units, falling for the third consecutive year after two years of growth. Overall, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, jacks and hoists exports dropped rapidly to $X in 2022. Over the period under review, exports recorded a sharp shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of X%. The exports peaked 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 jacks and hoists exports from Belarus, accounting for a X% share of total exports. Moreover, jacks and hoists exports to Russia exceeded the volume sent to the second major destination, Ukraine (X units), more than tenfold. The third position in this ranking was held by Poland (X units), with a X% share.

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

In value terms, Russia ($X) remains the key foreign market for jacks and hoists for raising vehicles exports from Belarus, comprising X% of total exports. The second position in the ranking was taken by Ukraine ($X), with a X% share of total exports. It was followed by Poland, 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 Poland (X% per year).

Export Prices by Country

The average jacks and hoists export price stood at $X per unit in 2022, growing by X% against the previous year. Over the period under review, the export price, however, showed a slight contraction. The growth pace was the most rapid in 2017 an increase of X%. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($X per unit), while the average price for exports to Georgia ($X per unit) was amongst the lowest.

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

Jacks And Hoists Imports

Imports into Belarus

In 2022, purchases abroad of jacks and hoists for raising vehicles decreased by X% to X units, falling for the third year in a row after two years of growth. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports reached the peak figure at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, jacks and hoists imports declined markedly to $X in 2022. Over the period under review, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest jacks and hoists supplier to Belarus, accounting for a X% share of total imports. Moreover, jacks and hoists imports from China exceeded the figures recorded by the second-largest supplier, Russia (X units), more than tenfold. Germany (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and Germany (X% per year).

In value terms, China ($X) constituted the largest supplier of jacks and hoists for raising vehicles to Belarus, comprising X% of total imports. The second position in the ranking was taken by Russia ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average jacks and hoists import price amounted to $X per unit, falling by X% against the previous year. Overall, the import price saw a abrupt slump. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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