Report Update Nov 1, 2024

Belarus - Data Storage Devices - Market Analysis, Forecast, Size, Trends and Insights

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Belarus: Data Storage Device Market 2024

Data Storage Device Market Size in Belarus

In 2022, the Belarusian data storage device market increased by 9.3% to $X, rising for the second year in a row after five years of decline. Over the period under review, consumption, however, saw a abrupt curtailment. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Data Storage Device Exports

Exports from Belarus

In 2022, shipments abroad of data storage devices decreased by -35.4% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 452% against the previous year. The exports peaked at X units in 2021, and then shrank dramatically in the following year.

In value terms, data storage device exports reduced markedly to $X in 2022. In general, exports, however, saw tangible growth. The pace of growth appeared the most rapid in 2013 when exports increased by 312% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X units) was the main destination for data storage device exports from Belarus, with a approx. 98% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia totaled +24.4%.

In value terms, Russia ($X) also remains the key foreign market for data storage devices exports from Belarus.

From 2012 to 2022, the average annual growth rate of value to Russia totaled -2.3%.

Export Prices by Country

The average data storage device export price stood at $X per unit in 2022, with a decrease of -8.4% against the previous year. Over the period under review, the export price faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when the average export price increased by 30%. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, 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 -21.5% per year.

Data Storage Device Imports

Imports into Belarus

In 2022, data storage device imports into Belarus fell to X units, dropping by -10% compared with the previous year. In general, imports continue to indicate a mild decrease. The pace of growth was the most pronounced in 2013 with an increase of 300%. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, data storage device imports fell markedly to $X in 2022. Over the period under review, imports showed a deep reduction. The pace of growth was the most pronounced in 2013 when imports increased by 153% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

China (X units), Taiwan (Chinese) (X units) and Russia (X units) were the main suppliers of data storage device imports to Belarus, together accounting for 77% of total imports.

From 2012 to 2022, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +21.3%), while purchases for the other leaders experienced a decline.

In value terms, China ($X) constituted the largest supplier of data storage devices to Belarus, comprising 33% of total imports. The second position in the ranking was held by Russia ($X), with a 17% share of total imports. It was followed by Thailand, with a 16% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to -2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+0.2% per year) and Thailand (-2.9% per year).

Import Prices by Country

In 2022, the average data storage device import price amounted to $X per unit, reducing by -27.3% against the previous year. In general, the import price continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2014 an increase of 372%. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for storage units in the world?

China constituted the country with the largest volume of storage unit consumption, comprising approx. 40% of total volume. Moreover, storage unit consumption in China exceeded the figures recorded by the second-largest consumer, France, sixfold. The third position in this ranking was occupied by Mexico, with a 5.2% share.

What are the largest producers of storage units in the world?

The country with the largest volume of storage unit production was Thailand, comprising approx. 46% of total volume. Moreover, storage unit production in Thailand exceeded the figures recorded by the second-largest producer, Germany, fourfold. China ranked third in terms of total production with an 8.8% share.

What are the leading suppliers of storage units to Belarus?

In value terms, China constituted the largest supplier of storage unit to Belarus, comprising 36% of total imports. The second position in the ranking was occupied by Russia, with an 18% share of total imports. It was followed by Thailand, with a 17% share.

What are the leading importers of storage units from Belarus?

In value terms, Russia and the Czech Republic appeared to be the largest markets for storage unit exported from Belarus worldwide.

What is the average export price for storage units in Belarus?

The average storage unit export price stood at $9.9 per unit in 2021, rising by 38% against the previous year.

What is the average import price for storage units in Belarus?

In 2021, the average storage unit import price amounted to $59 per unit, which is down by -8.6% against the previous year.

This report provides an in-depth analysis of the data storage device market in Belarus. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 26202100 - Storage units

Country coverage:

Belarus

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Belarus
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023