Belarus: Market for Bearing Housings Not Incorporating Ball Or Roller Bearings, Plain Shaft Bearings 2025

Market Size for Bearing Housings Not Incorporating Ball Or Roller Bearings, Plain Shaft Bearings in Belarus

The Belarusian market for bearing housings not incorporating ball or roller bearings, plain shaft bearings fell markedly to $X in 2021, declining by -23.7% 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 showed a abrupt contraction. Bearing housing without ball bearing consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Exports of Bearing Housings Not Incorporating Ball Or Roller Bearings, Plain Shaft Bearings

Exports from Belarus

In 2021, exports of bearing housings not incorporating ball or roller bearings, plain shaft bearings from Belarus skyrocketed to X tons, picking up by 38% on 2020. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 111% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, bearing housing without ball bearing exports surged to $X in 2021. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2015 when exports increased by 85%. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Germany (X tons) was the main destination for bearing housing without ball bearing exports from Belarus, accounting for a 58% share of total exports. Moreover, bearing housing without ball bearing exports to Germany exceeded the volume sent to the second major destination, Russia (X tons), twofold.

From 2012 to 2021, the average annual growth rate of volume to Germany amounted to +67.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+8.4% per year) and Ukraine (+35.1% per year).

In value terms, the largest markets for bearing housing without ball bearing exported from Belarus were Russia ($X), Germany ($X) and Ukraine ($X), with a combined 95% share of total exports.

In terms of the main countries of destination, Germany, with a CAGR of +58.6%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for bearing housings not incorporating ball or roller bearings, plain shaft bearings amounted to $X per ton, remaining stable against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2019 when the average export price increased by 35%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+7.7%), while the prices for the other major destinations experienced a decline.

Imports of Bearing Housings Not Incorporating Ball Or Roller Bearings, Plain Shaft Bearings

Imports into Belarus

In 2021, approx. X tons of bearing housings not incorporating ball or roller bearings, plain shaft bearings were imported into Belarus; growing by 8.8% compared with 2020 figures. Over the period under review, total imports indicated a tangible expansion from 2012 to 2021: its volume increased at an average annual rate of +2.0% 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 increased by +89.6% against 2015 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 48%. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in years to come.

In value terms, bearing housing without ball bearing imports soared to $X in 2021. In general, total imports indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +3.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +116.6% against 2015 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 50% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Russia (X tons) constituted the largest bearing housing without ball bearing supplier to Belarus, accounting for a 49% share of total imports. Moreover, bearing housing without ball bearing imports from Russia exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. The third position in this ranking was taken by Ukraine (X tons), with an 8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Russia stood at +2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+3.9% per year) and Ukraine (+12.4% per year).

In value terms, Russia ($X) constituted the largest supplier of bearing housings not incorporating ball or roller bearings, plain shaft bearings to Belarus, comprising 34% of total imports. The second position in the ranking was held by Germany ($X), with a 13% share of total imports. It was followed by China, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from Russia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+3.1% per year) and China (+3.8% per year).

Import Prices by Country

The average import price for bearing housings not incorporating ball or roller bearings, plain shaft bearings stood at $X per ton in 2021, with an increase of 7% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.7%. The pace of growth was the most pronounced in 2014 an increase of 17% against the previous year. Over the period under review, average import prices attained the maximum in 2021 and is expected to retain growth in the near future.

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 ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-0.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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