Belarus - Crawler Tractors - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBelarus: Crawler Tractor Market 2024
Crawler Tractor Market Size in Belarus
In 2021, the Belarusian crawler tractor market was finally on the rise to reach $X for the first time since 2015, thus ending a five-year declining trend. Over the period under review, consumption, however, recorded a abrupt decrease. Crawler tractor consumption peaked at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.
Crawler Tractor Production in Belarus
In value terms, crawler tractor production declined modestly to $X in 2021 estimated in export price. Overall, production continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2014 when the production volume increased by 48% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.
Crawler Tractor Exports
Exports from Belarus
In 2021, after two years of growth, there was significant decline in overseas shipments of crawler tractors, when their volume decreased by -73.3% to X units. Overall, exports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2016 with an increase of 1,175%. As a result, the exports reached the peak of X units. From 2017 to 2021, the growth of the exports failed to regain momentum.
In value terms, crawler tractor exports plummeted to $X in 2021. In general, exports saw a mild downturn. The pace of growth was the most pronounced in 2016 when exports increased by 522%. Over the period under review, the exports reached the peak figure at $X in 2020, and then shrank markedly in the following year.
Exports by Country
Georgia (X units), Kazakhstan (X units) and Russia (X units) were the main destinations of crawler tractor exports from Belarus, together comprising 88% of total exports. Moreover, crawler tractor exports in Georgia exceeded the figures recorded by the second-largest exporter, Kazakhstan, twofold.
From 2012 to 2021, the biggest increases were recorded for Kazakhstan (with a CAGR of +9.1%), while shipments for the other leaders experienced a decline.
In value terms, the largest markets for crawler tractor exported from Belarus were Kazakhstan ($X), Georgia ($X) and Russia ($X), with a combined 97% share of total exports.
Among the main countries of destination, Kazakhstan, with a CAGR of +5.1%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.
Export Prices by Country
The average crawler tractor export price stood at $X per unit in 2021, which is down by -17.2% against the previous year. Overall, the export price showed a abrupt decline. The pace of growth appeared the most rapid in 2017 when the average export price increased by 100%. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while the average price for exports to Georgia ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+16.6%), while the prices for the other major destinations experienced mixed trend patterns.
Crawler Tractor Imports
Imports into Belarus
After two years of decline, supplies from abroad of crawler tractors increased by 233% to X units in 2021. In general, imports, however, showed a deep setback. Imports peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.
In value terms, crawler tractor imports soared to $X in 2021. Over the period under review, imports, however, saw a relatively flat trend pattern. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.
Imports by Country
In 2021, Russia (X units) was the main crawler tractor supplier to Belarus, with a 90% share of total imports. Moreover, crawler tractor imports from Russia exceeded the figures recorded by the second-largest supplier, Germany (X units), ninefold.
From 2012 to 2021, the average annual growth rate of volume from Russia totaled -9.2%.
In value terms, Russia ($X) constituted the largest supplier of crawler tractors to Belarus, comprising 85% of total imports. The second position in the ranking was taken by Germany ($X), with a 15% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of value from Russia totaled -2.2%.
Import Prices by Country
In 2021, the average crawler tractor import price amounted to $X per unit, growing by 57% against the previous year. Overall, the import price recorded prominent growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 105% against the previous year. The import price peaked in 2021 and is likely to see steady growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Russia totaled $X per unit.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lithuania (+257.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the crawler tractor 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 28925000 - (Crawler tractors) Track-laying tractors
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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