Belarus: Multitask Printer Market 2022

Multitask Printer Market Size in Belarus

The Belarusian multitask printer market was finally on the rise to reach $X in 2021, after two years of decline. Overall, consumption, however, continues to indicate a strong expansion. Multitask printer consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Multitask Printer Exports

Exports from Belarus

Multitask printer exports from Belarus expanded rapidly to X tons in 2021, with an increase of X% against the year before. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, multitask printer exports soared to $X in 2021. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Russia (X tons) was the main destination for multitask printer exports from Belarus, with a X% share of total exports. Moreover, multitask printer exports to Russia exceeded the volume sent to the second major destination, Lithuania (X tons), more than tenfold.

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

In value terms, Russia ($X) remains the key foreign market for multitask printer exports from Belarus, comprising X% of total exports. The second position in the ranking was taken by Lithuania ($X), with an 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: Lithuania (+X% per year) and Armenia (+X% per year).

Export Prices by Country

The average multitask printer export price stood at $X per ton in 2021, growing by X% against the previous year. In general, export price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, multitask printer export price decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Armenia ($X per ton), while the average price for exports to Russia ($X per ton) was amongst the lowest.

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

Multitask Printer Imports

Imports into Belarus

In 2021, overseas purchases of multitask printers, copymachines and facsimile machines decreased by -X% to X tons, falling for the second year in a row after eight years of growth. In general, imports, however, posted a prominent expansion. The growth pace was the most rapid in 2015 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, multitask printer imports soared to $X in 2021. Over the period under review, imports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Russia (X tons), China (X tons) and Vietnam (X tons) were the main suppliers of multitask printer 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 Russia (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constituted the largest supplier of multitask printer to Belarus, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Vietnam, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Russia stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Vietnam (+X% per year).

Import Prices by Country

The average multitask printer import price stood at $X per ton in 2021, with an increase of X% against the previous year. Overall, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Market Intelligence Platform

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