Belarus: Market for Float Glass And Surface Ground or Polished Glass 2024

Market Size for Float Glass And Surface Ground or Polished Glass in Belarus

After two years of decline, the Belarusian market for float glass and surface ground or polished glass increased by X% to $X in 2022. 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. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Float Glass And Surface Ground or Polished Glass in Belarus

In value terms, production of float glass and surface ground or polished glass totaled $X in 2022 estimated in export price. Over the period under review, the total production indicated a tangible 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 growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. Production of peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Float Glass And Surface Ground or Polished Glass

Exports from Belarus

Exports of float glass and surface ground or polished glass from Belarus fell remarkably to X square meters in 2022, reducing by X% compared with 2021 figures. Over the period under review, total exports indicated resilient growth from 2012 to 2022: its volume 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, exports decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, the exports of attained the maximum at X square meters in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, exports of float glass and surface ground or polished glass expanded notably to $X in 2022. In general, exports, however, saw resilient growth. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Ukraine (X square meters), Russia (X square meters) and Poland (X square meters) were the main destinations of exports of float glass and surface ground or polished glass from Belarus, together comprising X% of total exports. Lithuania and Moldova lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Moldova (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Ukraine ($X), Russia ($X) and Poland ($X) were the largest markets for float glass and surface ground or polished glass exported from Belarus worldwide, with a combined X% share of total exports. Lithuania and Moldova lagged somewhat behind, together comprising a further X%.

Moldova, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among 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

In 2022, the average export price for float glass and surface ground or polished glass amounted to $X per square meter, surging by X% against the previous year. Overall, the export price recorded a moderate expansion. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Lithuania ($X per square meter) and Moldova ($X per square meter), while the average price for exports to Russia ($X per square meter) and Poland ($X per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Float Glass And Surface Ground or Polished Glass

Imports into Belarus

In 2022, supplies from abroad of float glass and surface ground or polished glass was finally on the rise to reach X square meters after two years of decline. Over the period under review, imports, however, continue to indicate a slight decline. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports of hit record highs at X square meters in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, imports of float glass and surface ground or polished glass skyrocketed to $X in 2022. In general, imports saw a slight expansion. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports of reached the maximum at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Russia (X square meters) was the main supplier of float glass and surface ground or polished glass to Belarus, accounting for a X% share of total imports. It was followed by Belgium (X square meters), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Russia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Poland (X% per year).

In value terms, Russia ($X) constituted the largest supplier of float glass and surface ground or polished glass to Belarus, comprising X% of total imports. The second position in the ranking was taken by Belgium ($X), with a X% share of total imports.

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

Import Prices by Country

In 2022, the average import price for float glass and surface ground or polished glass amounted to $X per square meter, surging by X% against the previous year. Overall, import price indicated a measured expansion from 2012 to 2022: its price 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, import price for float glass and surface ground or polished glass increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of X%. The import price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per square meter), while the price for Russia ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform

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