Belarus: Way-Type Unit Head Market 2022

Way-Type Unit Head Market Size in Belarus

The Belarusian way-type unit head market declined rapidly to $X in 2021, shrinking by -X% against the previous year. Overall, consumption, however, continues to indicate strong growth. As a result, consumption reached the peak level of $X, and then shrank rapidly in the following year.

Way-Type Unit Head Production in Belarus

In value terms, way-type unit head production shrank dramatically to $X in 2021 estimated in export price. In general, production, however, posted strong growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X, and then fell dramatically in the following year.

Way-Type Unit Head Exports

Exports from Belarus

In 2021, overseas shipments of way-type unit heads for working metal decreased by -X% to X tons, falling for the third consecutive year after four years of growth. Over the period under review, exports saw a abrupt slump. The pace of growth appeared the most rapid in 2015 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, way-type unit head exports surged to $X in 2021. Overall, exports recorded a abrupt slump. The pace of growth appeared the most rapid in 2013 when exports increased by X%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Russia (X tons) was the main destination for way-type unit head exports from Belarus, with a approx. X% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Russia totaled -X%.

In value terms, Russia ($X) also remains the key foreign market for way-type unit head exports from Belarus.

From 2012 to 2021, the average annual growth rate of value to Russia stood at -X%.

Export Prices by Country

In 2021, the average way-type unit head export price amounted to $X per ton, increasing by X% against the previous year. In general, the export price continues to indicate a notable expansion. The pace of growth was the most pronounced in 2014 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2021, the rate of growth in terms of prices for Russia amounted to +X% per year.

Way-Type Unit Head Imports

Imports into Belarus

In 2021, approx. X kg of way-type unit heads for working metal were imported into Belarus; shrinking by -X% against 2020 figures. Over the period under review, imports faced a sharp contraction. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, way-type unit head imports fell notably to $X in 2021. Overall, imports recorded a significant curtailment. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Russia (X kg) constituted the largest supplier of way-type unit head to Belarus, accounting for a X% share of total imports. Moreover, way-type unit head imports from Russia exceeded the figures recorded by the second-largest supplier, Turkey (X kg), twofold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Russia totaled +X%.

In value terms, Russia ($X) constituted the largest supplier of way-type unit head to Belarus, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Russia totaled -X%.

Import Prices by Country

In 2021, the average way-type unit head import price amounted to $X per ton, falling by -X% against the previous year. Over the period under review, the import price recorded a abrupt decline. The pace of growth appeared the most rapid in 2019 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2020 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (X%).

Source: IndexBox Market Intelligence Platform

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