Belarus: Hydraulic Press Market 2024

Hydraulic Press Market Size in Belarus

After two years of growth, the Belarusian hydraulic press market decreased by -31.7% to $X in 2022. Overall, consumption showed a abrupt decline. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Hydraulic Press Exports

Exports from Belarus

Hydraulic press exports from Belarus reduced remarkably to X units in 2022, with a decrease of -17.3% on the previous year. In general, exports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of 561% against the previous year. Over the period under review, the exports hit record highs at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, hydraulic press exports dropped to $X in 2022. Over the period under review, exports, however, recorded pronounced growth. The pace of growth appeared the most rapid in 2017 when exports increased by 646% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Russia (X units) was the main destination for hydraulic press exports from Belarus, accounting for a 74% share of total exports. Moreover, hydraulic press exports to Russia exceeded the volume sent to the second major destination, Kazakhstan (X units), sixfold. Poland (X units) ranked third in terms of total exports with a 10% share.

From 2012 to 2022, the average annual growth rate of volume to Russia amounted to +47.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+11.2% per year) and Poland (+60.1% per year).

In value terms, Russia ($X) remains the key foreign market for hydraulic presses for working metal exports from Belarus, comprising 81% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a 9.7% share of total exports. It was followed by Ukraine, with a 4.5% share.

From 2012 to 2022, the average annual growth rate of value to Russia totaled +29.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (-9.0% per year) and Ukraine (-20.4% per year).

Export Prices by Country

The average hydraulic press export price stood at $X per unit in 2022, picking up by 14% against the previous year. In general, the export price, however, showed a abrupt descent. The pace of growth was the most pronounced in 2015 an increase of 58%. Over the period under review, the average export prices attained the maximum 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 Ukraine ($X per unit), while the average price for exports to Poland ($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 Ukraine (-3.3%), while the prices for the other major destinations experienced a decline.

Hydraulic Press Imports

Imports into Belarus

In 2022, the amount of hydraulic presses for working metal imported into Belarus fell sharply to X units, dropping by -24.8% on 2021. Over the period under review, imports, however, posted a slight increase. The pace of growth appeared the most rapid in 2016 when imports increased by 200%. Over the period under review, imports reached the peak figure at X units in 2021, and then shrank rapidly in the following year.

In value terms, hydraulic press imports shrank rapidly to $X in 2022. Overall, imports recorded a slight slump. The most prominent rate of growth was recorded in 2018 with an increase of 100% against the previous year. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest hydraulic press supplier to Belarus, accounting for a 58% share of total imports. Moreover, hydraulic press imports from China exceeded the figures recorded by the second-largest supplier, Russia (X units), threefold. Austria (X units) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +13.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+12.4% per year) and Austria (-9.4% per year).

In value terms, Austria ($X), Russia ($X) and Germany ($X) appeared to be the largest hydraulic press suppliers to Belarus, together accounting for 69% of total imports.

Russia, with a CAGR of +21.7%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average hydraulic press import price amounted to $X per unit, flattening at the previous year. In general, the import price, however, showed a perceptible curtailment. The most prominent rate of growth was recorded in 2018 when the average import price increased by 52% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 to 2022, 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 Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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