Belarus: Market for Pulley Tackle And Hoists Powered By An Electric Motor 2022

Market Size for Pulley Tackle And Hoists Powered By An Electric Motor in Belarus

In 2021, the Belarusian market for pulley tackle and hoists powered by an electric motor decreased by -X% to $X, falling for the second year in a row after three years of growth. In general, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Exports of Pulley Tackle And Hoists Powered By An Electric Motor

Exports from Belarus

In 2021, the amount of pulley tackle and hoists powered by an electric motor exported from Belarus fell remarkably to X units, waning by -X% on the previous year's figure. Over the period under review, exports recorded a abrupt decrease. The growth pace was the most rapid in 2016 with an increase of X%. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of pulley tackle and hoists powered by an electric motor fell markedly to $X in 2021. Overall, exports saw a drastic downturn. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X units) was the main destination for exports of pulley tackle and hoists powered by an electric motor from Belarus, with a X% share of total exports. Moreover, exports of pulley tackle and hoists powered by an electric motor to Russia exceeded the volume sent to the second major destination, Kazakhstan (X units), threefold. Poland (X units) ranked third in terms of total exports with a X% share.

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

In value terms, Russia ($X) remains the key foreign market for pulley tackle and hoists powered by an electric motor exports from Belarus, comprising X% of total exports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of total exports. It was followed by Ukraine, with a X% share.

From 2012 to 2021, 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: Kazakhstan (+X% per year) and Ukraine (-X% per year).

Export Prices by Country

In 2021, the average export price for pulley tackle and hoists powered by an electric motor amounted to $X per unit, rising by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Kyrgyzstan ($X per unit), while the average price for exports to Poland ($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 Kyrgyzstan (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pulley Tackle And Hoists Powered By An Electric Motor

Imports into Belarus

In 2021, purchases abroad of pulley tackle and hoists powered by an electric motor decreased by -X% to X units, falling for the second consecutive year after three years of growth. Overall, imports recorded a noticeable contraction. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, imports attained the peak of X units. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, imports of pulley tackle and hoists powered by an electric motor amounted to $X in 2021. In general, imports saw pronounced growth. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Russia (X units), China (X units) and Denmark (X units) were the main suppliers of imports of pulley tackle and hoists powered by an electric motor to Belarus, together comprising 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 Denmark (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constituted the largest supplier of pulley tackle and hoists powered by an electric motor to Belarus, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with an X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2021, the average annual growth rate 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 Italy (+X% per year).

Import Prices by Country

The average import price for pulley tackle and hoists powered by an electric motor stood at $X per unit in 2021, with an increase of X% against the previous year. In general, import price indicated strong growth from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for pulley tackle and hoists powered by an electric motor increased by +X% against 2019 indices. The growth pace was the most rapid in 2020 an increase of X%. Over the period under review, average import prices hit record highs in 2021 and is likely to see steady growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform