Belarus: Market for Base Metal Automatic Door Closers 2024

Market Size for Base Metal Automatic Door Closers in Belarus

The Belarusian metal automatic door closer market reduced sharply to $X in 2021, waning by -19.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a abrupt curtailment. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Exports of Base Metal Automatic Door Closers

Exports from Belarus

In 2021, exports of base metal automatic door closers from Belarus skyrocketed to X tons, picking up by 34% on 2020. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of 197%. The exports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, metal automatic door closer exports skyrocketed to $X in 2021. Overall, exports posted strong growth. The most prominent rate of growth was recorded in 2014 with an increase of 83% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are likely to see gradual growth in the near future.

Exports by Country

Russia (X tons) was the main destination for metal automatic door closer exports from Belarus, with a 92% share of total exports. Moreover, metal automatic door closer exports to Russia exceeded the volume sent to the second major destination, Ukraine (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia amounted to +37.4%.

In value terms, Russia ($X) remains the key foreign market for base metal automatic door closers exports from Belarus, comprising 73% of total exports. The second position in the ranking was taken by Ukraine ($X), with a 15% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Russia stood at +19.7%.

Export Prices by Country

The average metal automatic door closer export price stood at $X per ton in 2021, waning by -8.5% against the previous year. Overall, the export price showed a deep reduction. The pace of growth appeared the most rapid in 2014 when the average export price increased by 60% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Russia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (-1.4%).

Imports of Base Metal Automatic Door Closers

Imports into Belarus

In 2021, after two years of decline, there was growth in supplies from abroad of base metal automatic door closers, when their volume increased by 0.7% to X tons. Overall, total imports indicated a moderate expansion from 2012 to 2021: its volume increased at an average annual rate of +3.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -16.9% against 2018 indices. The growth pace was the most rapid in 2016 with an increase of 64%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, metal automatic door closer imports shrank to $X in 2021. In general, imports, however, continue to indicate a slight decrease. The pace of growth was the most pronounced in 2013 with an increase of 27% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Russia (X tons), China (X tons) and Germany (X tons) were the main suppliers of metal automatic door closer imports to Belarus, together comprising 97% of total imports.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +13.1%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Russia ($X) constituted the largest supplier of base metal automatic door closers to Belarus, comprising 66% of total imports. The second position in the ranking was taken by China ($X), with a 28% share of total imports. It was followed by Germany, with a 1.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Russia amounted to +12.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-1.8% per year) and Germany (-26.5% per year).

Import Prices by Country

In 2021, the average metal automatic door closer import price amounted to $X per ton, with a decrease of -7.2% against the previous year. Over the period under review, the import price saw a noticeable downturn. The most prominent rate of growth was recorded in 2014 an increase of 27%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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