Belarus: Market for Electronic Instruments And Machines For Measuring Geometrical Quantities 2025

Market Size for Electronic Instruments And Machines For Measuring Geometrical Quantities in Belarus

In 2022, the Belarusian geometrical quantities electronic measurer market decreased by -65.1% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption continues to indicate a abrupt decrease. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Exports of Electronic Instruments And Machines For Measuring Geometrical Quantities

Exports from Belarus

In 2022, approx. X units of electronic instruments and machines for measuring geometrical quantities were exported from Belarus; growing by 17% on the previous year's figure. Overall, exports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2017 when exports increased by 151% against the previous year. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, geometrical quantities electronic measurer exports dropped to $X in 2022. Over the period under review, exports continue to indicate strong growth. The pace of growth appeared the most rapid in 2017 with an increase of 84%. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X units) was the main destination for geometrical quantities electronic measurer exports from Belarus, with a 79% share of total exports. Moreover, geometrical quantities electronic measurer exports to Russia exceeded the volume sent to the second major destination, Ukraine (X units), more than tenfold. The third position in this ranking was taken by Saudi Arabia (X units), with a 3.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia amounted to +10.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+18.5% per year) and Saudi Arabia (+116.3% per year).

In value terms, the largest markets for geometrical quantities electronic measurer exported from Belarus were Russia ($X), Kazakhstan ($X) and China ($X), with a combined 61% share of total exports. Saudi Arabia, Latvia and Ukraine lagged somewhat behind, together comprising a further 12%.

Saudi Arabia, with a CAGR of +76.6%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average geometrical quantities electronic measurer export price stood at $X per unit in 2022, shrinking by -24.1% against the previous year. In general, the export price continues to indicate a noticeable descent. The pace of growth appeared the most rapid in 2021 an increase of 75% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while the average price for exports to Russia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+13.1%), while the prices for the other major destinations experienced a decline.

Imports of Electronic Instruments And Machines For Measuring Geometrical Quantities

Imports into Belarus

In 2022, overseas purchases of electronic instruments and machines for measuring geometrical quantities decreased by -10.9% to X units, falling for the second year in a row after five years of growth. Over the period under review, imports, however, recorded a noticeable expansion. The pace of growth was the most pronounced in 2013 when imports increased by 83%. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, geometrical quantities electronic measurer imports shrank notably to $X in 2022. Overall, imports saw a pronounced decline. The growth pace was the most rapid in 2017 when imports increased by 47%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Russia (X units), China (X units) and Germany (X units) were the main suppliers of geometrical quantities electronic measurer imports to Belarus, together comprising 72% of total imports. Poland, Israel, Austria and the United States lagged somewhat behind, together accounting for a further 18%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Israel (with a CAGR of +25.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constituted the largest supplier of electronic instruments and machines for measuring geometrical quantities to Belarus, comprising 53% of total imports. The second position in the ranking was taken by Germany ($X), with a 14% share of total imports. It was followed by China, with a 6.8% share.

From 2012 to 2022, the average annual growth rate of value from Russia amounted to +3.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-8.8% per year) and China (+0.9% per year).

Import Prices by Country

The average geometrical quantities electronic measurer import price stood at $X per unit in 2022, waning by -32.4% against the previous year. In general, the import price saw a pronounced curtailment. The most prominent rate of growth was recorded in 2014 an increase of 69% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+1.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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