Belarus: Market for Floor, Wall Or Ceiling Coverings Of Plastics 2024

Market Size for Floor, Wall Or Ceiling Coverings Of Plastics in Belarus

The Belarusian market for floor, wall or ceiling coverings of plastics soared to $X in 2022, with an increase of 30% against the previous year. Overall, consumption, however, continues to indicate a slight descent. Consumption of peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Production of Floor, Wall Or Ceiling Coverings Of Plastics in Belarus

In value terms, production of floor, wall or ceiling coverings of plastics expanded rapidly to $X in 2022 estimated in export price. In general, production posted tangible growth. The pace of growth was the most pronounced in 2014 when the production volume increased by 101%. Over the period under review, production of attained the maximum level at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Exports of Floor, Wall Or Ceiling Coverings Of Plastics

Exports from Belarus

In 2022, overseas shipments of floor, wall or ceiling coverings of plastics increased by 6.3% to X square meters, rising for the seventh consecutive year after two years of decline. Overall, exports saw a prominent increase. The growth pace was the most rapid in 2016 when exports increased by 90%. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, exports of floor, wall or ceiling coverings of plastics surged to $X in 2022. In general, exports showed a resilient increase. The most prominent rate of growth was recorded in 2017 when exports increased by 114% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Russia (X square meters) was the main destination for exports of floor, wall or ceiling coverings of plastics from Belarus, with a 97% share of total exports. Moreover, exports of floor, wall or ceiling coverings of plastics to Russia exceeded the volume sent to the second major destination, Kazakhstan (X square meters), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia amounted to +9.0%.

In value terms, Russia ($X) remains the key foreign market for floor, wall or ceiling coverings of plastics exports from Belarus, comprising 96% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a 3.6% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Russia totaled +8.4%.

Export Prices by Country

In 2022, the average export price for floor, wall or ceiling coverings of plastics amounted to $X per square meter, jumping by 68% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $X per square meter in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per square meter), while the average price for exports to Russia amounted to $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-0.6%).

Imports of Floor, Wall Or Ceiling Coverings Of Plastics

Imports into Belarus

In 2022, the amount of floor, wall or ceiling coverings of plastics imported into Belarus soared to X square meters, picking up by 28% against the previous year. In general, imports recorded a relatively flat trend pattern. Imports peaked at X square meters in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, imports of floor, wall or ceiling coverings of plastics skyrocketed to $X in 2022. Overall, imports, however, continue to indicate a perceptible shrinkage. 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) constituted the largest supplier of plastic floor, wall and ceiling coverings to Belarus, with a 59% share of total imports. Moreover, imports of floor, wall or ceiling coverings of plastics from Russia exceeded the figures recorded by the second-largest supplier, China (X square meters), fourfold. Serbia (X square meters) ranked third in terms of total imports with a 9.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia totaled +1.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+46.7% per year) and Serbia (-12.8% per year).

In value terms, Russia ($X) constituted the largest supplier of floor, wall or ceiling coverings of plastics to Belarus, comprising 60% of total imports. The second position in the ranking was taken by China ($X), with a 13% share of total imports. It was followed by Serbia, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from Russia totaled -1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+35.8% per year) and Serbia (-12.4% per year).

Import Prices by Country

In 2022, the average import price for floor, wall or ceiling coverings of plastics amounted to $X per square meter, surging by 3% against the previous year. In general, the import price, however, recorded a noticeable decline. The growth pace was the most rapid in 2017 an increase of 11% against the previous year. Over the period under review, average import prices reached the maximum at $X per square meter in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($X per square meter), while the price for Germany ($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 Hungary (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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