Belarus: Circuit Breaker Market 2025

Circuit Breaker Market Size in Belarus

In 2022, the Belarusian circuit breaker market increased by 5.2% to $X, rising for the third consecutive year after three years of decline. In general, consumption showed a slight slump. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Circuit Breaker Exports

Exports from Belarus

In 2022, shipments abroad of automatic circuit breakers decreased by -28.6% to X units, falling for the third year in a row after eight years of growth. Over the period under review, exports, however, posted significant growth. The growth pace was the most rapid in 2014 when exports increased by 142% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, circuit breaker exports fell slightly to $X in 2022. Overall, exports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2017 when exports increased by 52%. Over the period under review, the exports hit record highs at $X in 2021, and then fell modestly in the following year.

Exports by Country

Russia (X units) was the main destination for circuit breaker exports from Belarus, with a 88% share of total exports. Moreover, circuit breaker exports to Russia exceeded the volume sent to the second major destination, Lithuania (X units), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Russia amounted to +27.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (+45.1% per year) and Kazakhstan (+3.3% per year).

In value terms, Russia ($X) remains the key foreign market for automatic circuit breakers exports from Belarus, comprising 85% of total exports. The second position in the ranking was held by Lithuania ($X), with a 9.9% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Russia totaled +21.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (+52.3% per year) and Kazakhstan (+1.9% per year).

Export Prices by Country

The average circuit breaker export price stood at $X per unit in 2022, increasing by 40% against the previous year. Overall, the export price, however, recorded a perceptible shrinkage. The growth pace was the most rapid in 2021 when the average export price increased by 79% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($X per unit), while the average price for exports to Kazakhstan ($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 Lithuania (+5.0%), while the prices for the other major destinations experienced a decline.

Circuit Breaker Imports

Imports into Belarus

In 2022, supplies from abroad of automatic circuit breakers decreased by -13.7% to X units, falling for the fourth year in a row after three years of growth. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by 49%. Imports peaked at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, circuit breaker imports expanded sharply to $X in 2022. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 46% against the previous year. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Russia (X units), China (X units) and Germany (X units) were the main suppliers of circuit breaker imports to Belarus, together accounting for 80% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +20.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest circuit breaker suppliers to Belarus were Russia ($X), Germany ($X) and China ($X), with a combined 74% share of total imports.

Germany, with a CAGR of +18.6%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average circuit breaker import price stood at $X per unit in 2022, with an increase of 22% against the previous year. In general, the import price saw a mild increase. The pace of growth was the most pronounced in 2021 an increase of 50%. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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