Belarus: Wheeled Loader Market 2024

Wheeled Loader Market Size in Belarus

The Belarusian wheeled loader market totaled $X.2B in 2022, standing approx. at the previous year. Overall, consumption, however, saw a abrupt contraction. Over the period under review, the market attained the maximum level at $X.6B in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Wheeled Loader Production in Belarus

In value terms, wheeled loader production declined to $X.4B in 2022 estimated in export price. In general, production, however, continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2017 with an increase of X%. Wheeled loader production peaked at $X.2B in 2012; however, from 2013 to 2022, production remained at a lower figure.

Wheeled Loader Exports

Exports from Belarus

After two years of growth, shipments abroad of wheeled loaders, crawler shovel loaders, front-end loaders decreased by X% to X units in 2022. Overall, exports showed a deep reduction. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, wheeled loader exports reduced to $X in 2022. Over the period under review, exports saw a deep contraction. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Russia (X units) was the main destination for wheeled loader exports from Belarus, with a X% share of total exports. Moreover, wheeled loader exports to Russia exceeded the volume sent to the second major destination, Ukraine (X units), more than tenfold.

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

In value terms, Russia ($X) remains the key foreign market for wheeled loaders, crawler shovel loaders, front-end loaders exports from Belarus, comprising X% of total exports. The second position in the ranking was taken by Ukraine ($X), with a X% share of total exports.

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 Egypt (X% per year).

Export Prices by Country

In 2022, the average wheeled loader export price amounted to $X per unit, approximately equating the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, the average export prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($X per unit), while the average price for exports to Russia ($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 Ukraine (X%), while the prices for the other major destinations experienced more modest paces of growth.

Wheeled Loader Imports

Imports into Belarus

In 2022, the amount of wheeled loaders, crawler shovel loaders, front-end loaders imported into Belarus declined notably to X units, dropping by X% against the previous year. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Imports peaked at X units in 2021, and then reduced notably in the following year.

In value terms, wheeled loader imports fell sharply to $X in 2022. Over the period under review, imports, however, enjoyed noticeable growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then shrank notably in the following year.

Imports by Country

In 2022, China (X units) constituted the largest wheeled loader supplier to Belarus, with a X% share of total imports. Moreover, wheeled loader imports from China exceeded the figures recorded by the second-largest supplier, Austria (X units), fourfold. Poland (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 stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (X% per year) and Poland (X% per year).

In value terms, China ($X) constituted the largest supplier of wheeled loaders, crawler shovel loaders, front-end loaders to Belarus, comprising X% of total imports. The second position in the ranking was taken by Austria ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

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

Import Prices by Country

The average wheeled loader import price stood at $X per unit in 2022, with a decrease of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

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 the UK ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :