Report Update Nov 1, 2024

Belarus - Heat Exchange Units - Market Analysis, Forecast, Size, Trends and Insights

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Belarus: Heat Exchange Unit Market 2024

Heat Exchange Unit Exports

Exports from Belarus

After three years of growth, overseas shipments of heat exchange units decreased by -0.8% to X units in 2022. Overall, exports, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2017 with an increase of 67% against the previous year. The exports peaked at X units in 2021, and then dropped in the following year.

In value terms, heat exchange unit exports surged to $X in 2022. Over the period under review, exports, however, enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X units) was the main destination for heat exchange unit exports from Belarus, with a 85% share of total exports. Moreover, heat exchange unit exports to Russia exceeded the volume sent to the second major destination, Uzbekistan (X units), more than tenfold. The third position in this ranking was held by Kazakhstan (X units), with a 3.5% share.

From 2012 to 2022, the average annual growth rate of volume to Russia totaled +15.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (+142.7% per year) and Kazakhstan (+7.0% per year).

In value terms, Russia ($X) remains the key foreign market for heat exchange units exports from Belarus, comprising 73% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with a 14% share of total exports. It was followed by Lithuania, with a 5.8% share.

From 2012 to 2022, the average annual growth rate of value to Russia amounted to +26.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (+172.9% per year) and Lithuania (+41.8% per year).

Export Prices by Country

The average heat exchange unit export price stood at $X per unit in 2022, surging by 238% against the previous year. In general, the export price posted a prominent expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uzbekistan ($X per unit), while the average price for exports to Kazakhstan ($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 Lithuania (+16.1%), while the prices for the other major destinations experienced more modest paces of growth.

Heat Exchange Unit Imports

Imports into Belarus

In 2022, overseas purchases of heat exchange units increased by 9.7% to X units for the first time since 2016, thus ending a five-year declining trend. Overall, imports, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2014 with an increase of 22% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, heat exchange unit imports declined modestly to $X in 2022. Over the period under review, imports, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2016 when imports increased by 31%. Imports peaked at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Russia (X units) constituted the largest supplier of heat exchange unit to Belarus, with a 44% share of total imports. Moreover, heat exchange unit imports from Russia exceeded the figures recorded by the second-largest supplier, Ukraine (X units), threefold. The third position in this ranking was taken by Poland (X units), with an 8.3% share.

From 2012 to 2022, the average annual growth rate of volume from Russia amounted to +5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (+0.6% per year) and Poland (-1.7% per year).

In value terms, Russia ($X) constituted the largest supplier of heat exchange units to Belarus, comprising 44% of total imports. The second position in the ranking was taken by Poland ($X), with an 11% share of total imports. It was followed by Ukraine, with a 9.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-3.3% per year) and Ukraine (-4.6% per year).

Import Prices by Country

In 2022, the average heat exchange unit import price amounted to $X per unit, falling by -10.9% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 35% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat 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 Germany ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for heat exchange units in the world?

The countries with the highest volumes of in 2021 were China, the United States and Turkey, together comprising 45% of global consumption.

What are the largest producers of heat exchange units in the world?

China constituted the country with the largest volume of heat exchange unit production, comprising approx. 25% of total volume. Moreover, heat exchange unit production in China exceeded the figures recorded by the second-largest producer, India, threefold. Italy ranked third in terms of total production with an 8.3% share.

What are the leading suppliers of heat exchange units to Belarus?

In value terms, Russia constituted the largest supplier of heat exchange unit to Belarus, comprising 55% of total imports. The second position in the ranking was occupied by Ukraine, with a 12% share of total imports. It was followed by China, with a 5.2% share.

What are the leading importers of heat exchange units from Belarus?

In value terms, Russia remains the key foreign market for heat exchange unit exports from Belarus, comprising 72% of total exports. The second position in the ranking was occupied by Uzbekistan, with a 15% share of total exports.

What is the average export price for heat exchange units in Belarus?

In 2021, the average heat exchange unit export price amounted to $135 per unit, shrinking by -30.5% against the previous year.

What is the average import price for heat exchange units in Belarus?

The average heat exchange unit import price stood at $495 per unit in 2021, jumping by 15% against the previous year.

This report provides an in-depth analysis of the heat exchange unit 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 28251130 - Heat exchange units

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