Belarus: Computing Machinery Market 2024

Computing Machinery Market Size in Belarus

For the third year in a row, the Belarusian computing machinery market recorded decline in sales value, which decreased by -0.9% to $X in 2021. Overall, consumption showed a perceptible decrease. Computing machinery consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Computing Machinery Exports

Exports from Belarus

In 2021, overseas shipments of computing machinery and parts and accessories thereof increased by 86% to X tons for the first time since 2017, thus ending a three-year declining trend. In general, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2017 with an increase of 138% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, computing machinery exports skyrocketed to $X in 2021. Over the period under review, exports posted prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X tons) was the main destination for computing machinery exports from Belarus, accounting for a 87% share of total exports. Moreover, computing machinery exports to Russia exceeded the volume sent to the second major destination, Lithuania (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Russia stood at +19.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (+49.3% per year) and Poland (+29.1% per year).

In value terms, Russia ($X) remains the key foreign market for computing machinery and parts and accessories thereof exports from Belarus, comprising 58% of total exports. The second position in the ranking was taken by Lithuania ($X), with a 14% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Russia totaled +14.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (+53.6% per year) and Poland (+39.3% per year).

Export Prices by Country

In 2021, the average computing machinery export price amounted to $X per ton, increasing by 3.1% against the previous year. In general, the export price, however, recorded a mild shrinkage. The pace of growth was the most pronounced in 2020 when the average export price increased by 36%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($X per ton), while the average price for exports to Poland ($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 Poland (+7.9%), while the prices for the other major destinations experienced mixed trend patterns.

Computing Machinery Imports

Imports into Belarus

In 2021, supplies from abroad of computing machinery and parts and accessories thereof was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 42%. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, computing machinery imports soared to $X in 2021. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by 44%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X tons), Russia (X tons) and Vietnam (X tons) were the main suppliers of computing machinery imports to Belarus, together comprising 88% of total imports.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +9.6%), while purchases for the other leaders experienced a decline.

In value terms, China ($X) constituted the largest supplier of computing machinery and parts and accessories thereof to Belarus, comprising 60% of total imports. The second position in the ranking was taken by Russia ($X), with a 20% share of total imports. It was followed by Taiwan (Chinese), with a 2.8% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+1.8% per year) and Taiwan (Chinese) (+3.0% per year).

Import Prices by Country

The average computing machinery import price stood at $X per ton in 2021, increasing by 3.6% against the previous year. Overall, import price indicated a slight increase from 2012 to 2021: its price increased at an average annual rate of +1.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, computing machinery import price increased by +43.4% against 2016 indices. The most prominent rate of growth was recorded in 2014 an increase of 50%. 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.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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