Belarus: Non-Combined Refrigerator-Freezer Market 2024

Non-Combined Refrigerator-Freezer Market Size in Belarus

The Belarusian non-combined refrigerator-freezer market totaled $X in 2022, increasing by 14% against the previous year. In general, consumption, however, saw a perceptible decrease. Non-combined refrigerator-freezer consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Non-Combined Refrigerator-Freezer Production in Belarus

In value terms, non-combined refrigerator-freezer production totaled $X in 2022 estimated in export price. Overall, production recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of 8.5% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Non-Combined Refrigerator-Freezer Exports

Exports from Belarus

Non-combined refrigerator-freezer exports from Belarus shrank notably to X units in 2022, declining by -54.6% compared with the previous year. Over the period under review, exports showed a deep setback. The growth pace was the most rapid in 2020 with an increase of 12%. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-combined refrigerator-freezer exports declined rapidly to $X in 2022. In general, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 16% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X units) was the main destination for non-combined refrigerator-freezer exports from Belarus, accounting for a 66% share of total exports. Moreover, non-combined refrigerator-freezer exports to Russia exceeded the volume sent to the second major destination, Kazakhstan (X units), sixfold. The third position in this ranking was held by Ukraine (X units), with a 10% share.

From 2012 to 2022, the average annual growth rate of volume to Russia amounted to -11.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+1.6% per year) and Ukraine (-17.6% per year).

In value terms, Russia ($X) remains the key foreign market for household refrigerators and freezers (not combined) exports from Belarus, comprising 66% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a 12% share of total exports. It was followed by Ukraine, with a 10% share.

From 2012 to 2022, the average annual growth rate of value to Russia stood at -10.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+3.8% per year) and Ukraine (-16.8% per year).

Export Prices by Country

The average non-combined refrigerator-freezer export price stood at $X per unit in 2022, surging by 24% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Ukraine ($X per unit) and Russia ($X per unit), while the average price for exports to Poland ($X per unit) and Kazakhstan ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Combined Refrigerator-Freezer Imports

Imports into Belarus

In 2022, overseas purchases of household refrigerators and freezers (not combined) decreased by -4% to X units, falling for the third year in a row after four years of growth. Overall, imports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2017 when imports increased by 106% against the previous year. Over the period under review, imports attained the maximum at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, non-combined refrigerator-freezer imports contracted significantly to $X in 2022. In general, imports recorded a deep reduction. The pace of growth appeared the most rapid in 2017 with an increase of 57% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

China (X units), Russia (X units) and Ukraine (X units) were the main suppliers of non-combined refrigerator-freezer imports to Belarus, with a combined 95% share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +19.3%), while purchases for the other leaders experienced a decline.

In value terms, Russia ($X) constituted the largest supplier of household refrigerators and freezers (not combined) to Belarus, comprising 69% of total imports. The second position in the ranking was taken by China ($X), with a 20% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia stood at -9.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+17.3% per year) and Ukraine (-22.6% per year).

Import Prices by Country

The average non-combined refrigerator-freezer import price stood at $X per unit in 2022, dropping by -25.9% against the previous year. Overall, the import price recorded a perceptible setback. The growth pace was the most rapid in 2021 when the average import price increased by 23% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 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 Ukraine ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+17.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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