Belarus: Hat And Headgear Market 2025

Hat And Headgear Market Size in Belarus

For the third year in a row, the Belarusian hat and headgear market recorded decline in sales value, which decreased by -97% to $X in 2022. In general, consumption recorded a dramatic descent. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Hat And Headgear Production in Belarus

In value terms, hat and headgear production reduced slightly to $X in 2022 estimated in export price. Overall, production, however, showed a perceptible contraction. The most prominent rate of growth was recorded in 2021 with an increase of 4.9%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Hat And Headgear Exports

Exports from Belarus

In 2022, approx. X units of hats and other headgear were exported from Belarus; picking up by 248% compared with 2021. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, hat and headgear exports rose sharply to $X in 2022. Overall, exports posted a notable expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 82%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Russia (X units) was the main destination for hat and headgear exports from Belarus, accounting for a 92% share of total exports. It was followed by Poland (X units), with a 2.9% share of total exports. Germany (X units) ranked third in terms of total exports with a 2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia stood at +32.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+35.2% per year) and Germany (+23.0% per year).

In value terms, Russia ($X) remains the key foreign market for hats and other headgear exports from Belarus, comprising 71% of total exports. The second position in the ranking was taken by Poland ($X), with an 11% share of total exports. It was followed by Germany, with a 7.2% share.

From 2012 to 2022, the average annual growth rate of value to Russia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+20.1% per year) and Germany (+7.6% per year).

Export Prices by Country

In 2022, the average hat and headgear export price amounted to $X per unit, which is down by -69% against the previous year. Over the period under review, the export price saw a sharp decline. The pace of growth appeared the most rapid in 2021 when the average export price increased by 40%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per unit), while the average price for exports to Russia ($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 Poland (-11.2%), while the prices for the other major destinations experienced a decline.

Hat And Headgear Imports

Imports into Belarus

In 2022, approx. X units of hats and other headgear were imported into Belarus; growing by 96% on the previous year. In general, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2016 with an increase of 101% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, hat and headgear imports rose markedly to $X in 2022. Over the period under review, imports recorded a prominent expansion. The most prominent rate of growth was recorded in 2018 with an increase of 50%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in years to come.

Imports by Country

China (X units), Russia (X units) and Turkey (X units) were the main suppliers of hat and headgear imports to Belarus, with a combined 89% 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 Turkey (with a CAGR of +76.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), China ($X) and Poland ($X) constituted the largest hat and headgear suppliers to Belarus, with a combined 84% share of total imports. The Czech Republic and Turkey lagged somewhat behind, together accounting for a further 8.6%.

Among the main suppliers, Turkey, with a CAGR of +46.7%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average hat and headgear import price stood at $X per unit in 2022, declining by -41.6% against the previous year. In general, the import price recorded a abrupt descent. The most prominent rate of growth was recorded in 2014 an increase of 31%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a lower figure.

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 Poland ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (-5.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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