Belarus: Transmission Apparatus Market 2024

Transmission Apparatus Market Size in Belarus

The Belarusian transmission apparatus market reduced dramatically to $X in 2022, falling by X% against the previous year. Over the period under review, consumption saw a abrupt downturn. Transmission apparatus consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Transmission Apparatus Production in Belarus

In value terms, transmission apparatus production shrank to $X in 2022 estimated in export price. Over the period under review, production saw 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, production hit record highs at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Transmission Apparatus Exports

Exports from Belarus

In 2022, overseas shipments of transmission apparatus incorporating reception apparatus decreased by X% to X units, falling for the second year in a row after four years of growth. In general, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, transmission apparatus exports contracted markedly to $X in 2022. Over the period under review, exports, however, posted prominent growth. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Russia (X units) was the main destination for transmission apparatus exports from Belarus, accounting for a X% share of total exports. Moreover, transmission apparatus exports to Russia exceeded the volume sent to the second major destination, Ukraine (X units), more than tenfold. Germany (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, 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: Ukraine (X% per year) and Germany (X% per year).

In value terms, Russia ($X) remains the key foreign market for transmission apparatus incorporating reception apparatus exports from Belarus, comprising X% of total exports. The second position in the ranking was held by Ukraine ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value 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 Germany (X% per year).

Export Prices by Country

The average transmission apparatus export price stood at $X per unit in 2022, picking up by X% against the previous year. Overall, the export price enjoyed significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Russia ($X per unit), while the average price for exports to Lithuania ($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 Moldova (X%), while the prices for the other major destinations experienced more modest paces of growth.

Transmission Apparatus Imports

Imports into Belarus

In 2022, supplies from abroad of transmission apparatus incorporating reception apparatus decreased by X% to X units, falling for the fourth consecutive year after two years of growth. Overall, imports saw a precipitous setback. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, transmission apparatus imports fell markedly to $X in 2022. In general, imports saw a significant curtailment. The growth pace was the most rapid in 2013 when imports increased by X%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Russia (X units) and Ukraine (X units) were the main suppliers of transmission apparatus imports to Belarus, together accounting for X% of total imports. France, Finland, Canada and Mexico lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of X%), while imports for the other leaders experienced a decline.

In value terms, Ukraine ($X), Russia ($X) and France ($X) were the largest transmission apparatus suppliers to Belarus, together comprising X% of total imports. Canada, Mexico, Finland and China lagged somewhat behind, together comprising a further X%.

Mexico, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average transmission apparatus import price stood at $X per unit in 2022, jumping by X% against the previous year. Over the period under review, the import price saw a significant expansion. 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 2022, amid the top importers, the country with the highest price was Ukraine ($X per unit), while the price for China ($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 more modest paces of growth.

Source: IndexBox Platform

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