Belarus: Market for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like 2024

Market Size for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in Belarus

In 2022, after three years of decline, there was significant growth in the Belarusian articles of fiber cement market, when its value increased by 54% to $X. Over the period under review, consumption, however, continues to indicate a noticeable downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in Belarus

In value terms, articles of fiber cement production totaled $X in 2022 estimated in export price. Overall, production, however, continues to indicate a deep setback. The most prominent rate of growth was recorded in 2018 when the production volume increased by 45%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Exports from Belarus

In 2022, after four years of growth, there was significant decline in shipments abroad of articles of asbestos-cement, cellulose fiber-cement or the like, when their volume decreased by -64.9% to X tons. In general, exports, however, posted a modest increase. The pace of growth was the most pronounced in 2018 with an increase of 214%. The exports peaked at X tons in 2021, and then reduced remarkably in the following year.

In value terms, articles of fiber cement exports shrank rapidly to $X in 2022. Over the period under review, exports, however, posted a modest increase. The most prominent rate of growth was recorded in 2018 when exports increased by 118%. Over the period under review, the exports reached the maximum at $X in 2021, and then shrank remarkably in the following year.

Exports by Country

Ukraine (X tons) was the main destination for articles of fiber cement exports from Belarus, accounting for a 59% share of total exports. Moreover, articles of fiber cement exports to Ukraine exceeded the volume sent to the second major destination, Russia (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ukraine amounted to +22.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-11.9% per year) and Moldova (+30.3% per year).

In value terms, Ukraine ($X) remains the key foreign market for articles of asbestos-cement, cellulose fiber-cement or the like exports from Belarus, comprising 52% of total exports. The second position in the ranking was held by Moldova ($X), with a 26% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Ukraine totaled +21.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (+27.3% per year) and Russia (-11.8% per year).

Export Prices by Country

In 2022, the average articles of fiber cement export price amounted to $X per ton, with an increase of 25% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 50%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Moldova ($X per ton), while the average price for exports to Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+0.1%), while the prices for the other major destinations experienced a decline.

Imports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Imports into Belarus

In 2022, after two years of decline, there was significant growth in supplies from abroad of articles of asbestos-cement, cellulose fiber-cement or the like, when their volume increased by 64% to X tons. Overall, imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2013 with an increase of 236% against the previous year. Over the period under review, imports attained the maximum at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, articles of fiber cement imports skyrocketed to $X in 2022. In general, imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2013 with an increase of 170%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Russia (X tons) was the main supplier of articles of fiber cement to Belarus, accounting for a approx. 98% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Russia totaled +5.9%.

In value terms, Russia ($X) constituted the largest supplier of articles of asbestos-cement, cellulose fiber-cement or the like to Belarus.

From 2012 to 2022, the average annual growth rate of value from Russia stood at +9.7%.

Import Prices by Country

In 2022, the average articles of fiber cement import price amounted to $X per ton, increasing by 27% against the previous year. Over the period under review, the import price saw temperate growth. The pace of growth appeared the most rapid in 2021 when the average import price increased by 53%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +3.6% per year.

Source: IndexBox Platform

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