Belarus: Accumulator Market 2025

Accumulator Market Size in Belarus

In 2022, the Belarusian accumulator market decreased by X% to $X, falling for the second year in a row after three years of growth. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Accumulator consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Accumulator Production in Belarus

In value terms, accumulator production rose notably to $X in 2022 estimated in export price. Over the period under review, the total production indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. Accumulator production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Accumulator Exports

Exports from Belarus

In 2022, approx. X units of electric accumulators were exported from Belarus; reducing by X% on the previous year. In general, exports, however, enjoyed resilient growth. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, accumulator exports shrank dramatically to $X in 2022. Over the period under review, exports, however, saw a strong increase. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then declined remarkably in the following year.

Exports by Country

The United Arab Emirates (X units) was the main destination for accumulator exports from Belarus, with a X% share of total exports. Moreover, accumulator exports to the United Arab Emirates exceeded the volume sent to the second major destination, Russia (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates totaled X%.

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for electric accumulators exports from Belarus, comprising X% of total exports. The second position in the ranking was held by Russia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates amounted to X%.

Export Prices by Country

In 2022, the average accumulator export price amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (X%).

Accumulator Imports

Imports into Belarus

In 2022, overseas purchases of electric accumulators decreased by X% to X units, falling for the third year in a row after eight years of growth. Over the period under review, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2015 with an increase of X%. Imports peaked at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, accumulator imports dropped notably to $X in 2022. Overall, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Russia (X units), China (X units) and Vietnam (X units) were the main suppliers of accumulator imports to Belarus, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constituted the largest supplier of electric accumulators to Belarus, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Ukraine, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Ukraine (X% per year).

Import Prices by Country

The average accumulator import price stood at $X per unit in 2022, growing by X% against the previous year. Over the period under review, the import price posted a mild expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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