Report Update Nov 1, 2024

Belarus - Drilling or Morticing Machines - Market Analysis, Forecast, Size, Trends and Insights

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Belarus: Wood Drilling Machine Market 2024

Wood Drilling Machine Market Size in Belarus

The Belarusian wood drilling machine market soared to $X in 2021, increasing by 88% 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 posted resilient growth. Wood drilling machine consumption peaked in 2021 and is expected to retain growth in years to come.

Wood Drilling Machine Exports

Exports from Belarus

In 2021, overseas shipments of drilling or morticing machines increased by 2.9% to X units, rising for the fifth consecutive year after two years of decline. In general, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2013 when exports increased by 300% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the near future.

In value terms, wood drilling machine exports reduced sharply to $X in 2021. Over the period under review, exports showed a significant increase. The growth pace was the most rapid in 2013 with an increase of 382%. Over the period under review, the exports hit record highs at $X in 2020, and then reduced sharply in the following year.

Exports by Country

Russia (X units) was the main destination for wood drilling machine exports from Belarus, with a approx. 99% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia stood at +48.2%.

In value terms, Russia ($X) emerged as the key foreign market for drilling or morticing machines exports from Belarus, comprising 85% of total exports. The second position in the ranking was held by Lithuania ($X), with a 3.3% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Russia stood at +64.6%.

Export Prices by Country

The average wood drilling machine export price stood at $X per unit in 2021, dropping by -63.6% against the previous year. Overall, the export price recorded a pronounced slump. The growth pace was the most rapid in 2020 an increase of 113% against the previous year. As a result, the export price attained the peak level of $X per unit, and then dropped dramatically in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+32.7%).

Wood Drilling Machine Imports

Imports into Belarus

In 2021, approx. X units of drilling or morticing machines were imported into Belarus; rising by 123% on the year before. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 185%. Imports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, wood drilling machine imports soared to $X in 2021. In general, imports posted a pronounced increase. The most prominent rate of growth was recorded in 2020 with an increase of 79% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

China (X units), Russia (X units) and Italy (X units) were the main suppliers of wood drilling machine imports to Belarus, with a combined 95% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Russia (with a CAGR of +31.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of drilling or morticing machines to Belarus, comprising 61% of total imports. The second position in the ranking was taken by Russia ($X), with a 12% share of total imports. It was followed by China, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy totaled +8.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+19.6% per year) and China (+13.2% per year).

Import Prices by Country

In 2021, the average wood drilling machine import price amounted to $X per unit, which is down by -47.8% against the previous year. Overall, the import price faced a deep reduction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 62%. Over the period under review, average import prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lithuania (-5.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for drilling or morticing machines in the world?

The country with the largest volume of wood drilling machine consumption was South Africa, comprising approx. 45% of total volume. Moreover, wood drilling machine consumption in South Africa exceeded the figures recorded by the second-largest consumer, the United States, fourfold. The third position in this ranking was occupied by Nigeria, with an 8% share.

What are the largest producers of drilling or morticing machines in the world?

China constituted the country with the largest volume of wood drilling machine production, comprising approx. 39% of total volume. Moreover, wood drilling machine production in China exceeded the figures recorded by the second-largest producer, Hong Kong SAR, threefold. India ranked third in terms of total production with a 7.8% share.

What are the leading suppliers of drilling or morticing machines to Belarus?

In value terms, Italy constituted the largest supplier of wood drilling machine to Belarus, comprising 69% of total imports. The second position in the ranking was occupied by China, with a 12% share of total imports. It was followed by Russia, with a 5.4% share.

What are the leading importers of drilling or morticing machines from Belarus?

In value terms, Russia remains the key foreign market for wood drilling machine exports from Belarus.

What is the average export price for drilling or morticing machines in Belarus?

The average wood drilling machine export price stood at $208 per unit in 2021, shrinking by -75.7% against the previous year.

What is the average import price for drilling or morticing machines in Belarus?

In 2021, the average wood drilling machine import price amounted to $1,860 per unit, reducing by -48.5% against the previous year.

This report provides an in-depth analysis of the wood drilling machine 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 28491267 - Drilling or morticing machines for working wood, cork, bone, h ard rubber, hard plastics or similar hard materials

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