Belarus: Hydraulic Automatic Regulators Market 2024

Hydraulic Automatic Regulators Market Size in Belarus

The Belarusian hydraulic automatic regulators market reduced slightly to $X in 2021, declining by -3.8% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2020, and then dropped in the following year.

Hydraulic Automatic Regulators Production in Belarus

In value terms, hydraulic automatic regulators production fell modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.0% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 with an increase of 23%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Hydraulic Automatic Regulators Exports

Exports from Belarus

In 2021, overseas shipments of hydraulic or pneumatic automatic regulating instruments increased by 66% to X units, rising for the second year in a row after two years of decline. In general, exports, however, continue to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 108%. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, hydraulic automatic regulators exports reduced to $X in 2021. Overall, exports recorded tangible growth. The growth pace was the most rapid in 2017 when exports increased by 103% against the previous year. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Russia (X units) was the main destination for hydraulic automatic regulators exports from Belarus, accounting for a 96% share of total exports. It was followed by Moldova (X units), with a 1.6% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Russia amounted to -1.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (+43.2% per year) and Kazakhstan (+37.1% per year).

In value terms, Russia ($X) remains the key foreign market for hydraulic or pneumatic automatic regulating instruments exports from Belarus, comprising 93% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a 4.5% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Russia totaled +4.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+58.8% per year) and Moldova (+51.9% per year).

Export Prices by Country

The average hydraulic automatic regulators export price stood at $X per unit in 2021, with a decrease of -43.3% against the previous year. Over the period under review, the export price, however, showed strong growth. The most prominent rate of growth was recorded in 2018 an increase of 57% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Kazakhstan ($X per unit), while the average price for exports to Moldova ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+15.7%), while the prices for the other major destinations experienced more modest paces of growth.

Hydraulic Automatic Regulators Imports

Imports into Belarus

In 2021, the amount of hydraulic or pneumatic automatic regulating instruments imported into Belarus skyrocketed to X units, growing by 83% against 2020 figures. Over the period under review, imports posted a prominent increase. The most prominent rate of growth was recorded in 2013 with an increase of 229%. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, hydraulic automatic regulators imports skyrocketed to $X in 2021. Overall, imports, however, recorded a perceptible setback. The most prominent rate of growth was recorded in 2019 with an increase of 121% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Russia (X units) constituted the largest supplier of hydraulic automatic regulators to Belarus, with a 82% share of total imports. Moreover, hydraulic automatic regulators imports from Russia exceeded the figures recorded by the second-largest supplier, Germany (X units), tenfold. Lithuania (X units) ranked third in terms of total imports with a 3.1% share.

From 2012 to 2021, the average annual growth rate of volume from Russia stood at +13.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+31.8% per year) and Lithuania (+59.6% per year).

In value terms, the largest hydraulic automatic regulators suppliers to Belarus were Russia ($X), Germany ($X) and Ukraine ($X), together comprising 85% of total imports. These countries were followed by Lithuania, Italy and China, which together accounted for a further 7.8%.

Among the main suppliers, Lithuania, with a CAGR of +54.9%, saw the highest rates of growth with regard to 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 hydraulic automatic regulators import price stood at $X per unit in 2021, waning by -22.4% against the previous year. Over the period under review, the import price saw a deep downturn. The growth pace was the most rapid in 2015 an increase of 99%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Ukraine ($X per unit), while the price for Russia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+6.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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