Report Update Nov 1, 2024

Belarus - Electric Smoothing Irons - Market Analysis, Forecast, Size, Trends and Insights

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Belarus: Smoothing Iron Market 2024

Smoothing Iron Market Size in Belarus

In 2021, the Belarusian smoothing iron market increased by 8% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, recorded a perceptible descent. Smoothing iron consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Smoothing Iron Production in Belarus

In value terms, smoothing iron production plummeted to $X in 2021 estimated in export price. Overall, production, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 75%. Smoothing iron production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Smoothing Iron Exports

Exports from Belarus

In 2021, exports of electric smoothing irons from Belarus soared to X units, rising by 24% on the previous year. In general, exports recorded a significant increase. The growth pace was the most rapid in 2016 with an increase of 294%. Over the period under review, the exports attained the peak figure at X units in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, smoothing iron exports rose remarkably to $X in 2021. Overall, exports enjoyed a remarkable increase. The pace of growth was the most pronounced in 2016 when exports increased by 132% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the near future.

Exports by Country

Russia (X units) was the main destination for smoothing iron exports from Belarus, with a 94% share of total exports. Moreover, smoothing iron exports to Russia exceeded the volume sent to the second major destination, Armenia (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Russia totaled +23.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Armenia (+125.1% per year) and Ukraine (+62.9% per year).

In value terms, Russia ($X) remains the key foreign market for electric smoothing irons exports from Belarus, comprising 92% of total exports. The second position in the ranking was held by Armenia ($X), with a 3% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Russia stood at +6.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Armenia (+120.6% per year) and Ukraine (+77.3% per year).

Export Prices by Country

The average smoothing iron export price stood at $X per unit in 2021, shrinking by -9.3% against the previous year. Over the period under review, the export price continues to indicate a deep setback. The growth pace was the most rapid in 2020 when the average export price increased by 79%. Over the period under review, the average export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Ukraine ($X per unit), while the average price for exports to Armenia ($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 Ukraine (+8.9%), while the prices for the other major destinations experienced a decline.

Smoothing Iron Imports

Imports into Belarus

In 2021, supplies from abroad of electric smoothing irons was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Overall, imports continue to indicate a slight expansion. The most prominent rate of growth was recorded in 2016 with an increase of 52% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, smoothing iron imports surged to $X in 2021. The total import value increased at an average annual rate of +1.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 when imports increased by 25% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

China (X units) and Russia (X units) were the main suppliers of smoothing iron imports to Belarus.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +2.2%).

In value terms, Russia ($X) constituted the largest supplier of electric smoothing irons to Belarus, comprising 70% of total imports. The second position in the ranking was held by China ($X), with a 24% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Russia stood at +2.4%.

Import Prices by Country

The average smoothing iron import price stood at $X per unit in 2021, growing by 4.3% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 11% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, 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 Russia ($X per unit), while the price for China amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+0.2%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electric smoothing irons in the world?

The countries with the highest volumes of in 2021 were China, the United States and Brazil, together comprising 41% of global consumption.

What are the largest producers of electric smoothing irons in the world?

The country with the largest volume of smoothing iron production was China, comprising approx. 64% of total volume. Moreover, smoothing iron production in China exceeded the figures recorded by the second-largest producer, the United States, ninefold. Indonesia ranked third in terms of total production with a 5.3% share.

What are the leading suppliers of electric smoothing irons to Belarus?

In value terms, Russia constituted the largest supplier of smoothing iron to Belarus, comprising 70% of total imports. The second position in the ranking was occupied by China, with a 24% share of total imports.

What are the leading importers of electric smoothing irons from Belarus?

In value terms, Russia remains the key foreign market for smoothing iron exports from Belarus, comprising 92% of total exports. The second position in the ranking was occupied by Armenia, with a 3% share of total exports.

What is the average export price for electric smoothing irons in Belarus?

In 2021, the average smoothing iron export price amounted to $15 per unit, falling by -9.3% against the previous year.

What is the average import price for electric smoothing irons in Belarus?

The average smoothing iron import price stood at $23 per unit in 2021, rising by 4.3% against the previous year.

This report provides an in-depth analysis of the smoothing iron 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 27512370 - Electric smoothing irons

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