Belarus: Market for In-Hand Motor Grinders, Sanders And Planers 2024

Market Size for In-Hand Motor Grinders, Sanders And Planers in Belarus

In 2021, the Belarusian market for in-hand motor grinders, sanders and planers decreased by -30.1% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption, however, enjoyed a mild increase. Over the period under review, the market reached the peak level at $X in 2020, and then fell dramatically in the following year.

Exports of In-Hand Motor Grinders, Sanders And Planers

Exports from Belarus

In 2021, approx. X units of in-hand motor grinders, sanders and planers were exported from Belarus; with an increase of 143% against the previous year's figure. Overall, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2016 with an increase of 549%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, exports of in-hand motor grinders, sanders and planers soared to $X in 2021. In general, exports enjoyed significant growth. The pace of growth was the most pronounced in 2016 when exports increased by 380%. Over the period under review, the exports of reached the maximum in 2021 and are likely to see steady growth in years to come.

Exports by Country

Russia (X units) was the main destination for exports of in-hand motor grinders, sanders and planers from Belarus, accounting for a 97% share of total exports. It was followed by Estonia (X units), with a 2.2% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia amounted to +71.6%.

In value terms, Russia ($X) remains the key foreign market for electromechanical tools for working in the hand, with self-contained electric motor exports from Belarus, comprising 71% of total exports. The second position in the ranking was held by Estonia ($X), with a 24% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Russia totaled +34.1%.

Export Prices by Country

In 2021, the average export price for in-hand motor grinders, sanders and planers amounted to $X per unit, therefore, remained relatively stable against the previous year. Overall, the export price recorded a abrupt downturn. The pace of growth appeared the most rapid in 2019 when the average export price increased by 54%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Estonia ($X per unit), while the average price for exports to Russia totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-21.9%).

Imports of In-Hand Motor Grinders, Sanders And Planers

Imports into Belarus

In 2021, overseas purchases of in-hand motor grinders, sanders and planers increased by 30% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports recorded a resilient increase. The most prominent rate of growth was recorded in 2017 when imports increased by 100%. Over the period under review, imports of attained the maximum in 2021 and are likely to continue growth in years to come.

In value terms, imports of in-hand motor grinders, sanders and planers soared to $X in 2021. In general, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2017 with an increase of 50%. Over the period under review, imports of hit record highs in 2021 and are likely to see steady growth in years to come.

Imports by Country

In 2021, China (X units) constituted the largest supplier of electromechanical tools for working in the hand, with self-contained electric motor to Belarus, accounting for a 79% share of total imports. Moreover, imports of in-hand motor grinders, sanders and planers from China exceeded the figures recorded by the second-largest supplier, Russia (X units), fivefold. Germany (X units) ranked third in terms of total imports with a 2% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +23.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+24.4% per year) and Germany (+0.9% per year).

In value terms, China ($X), Russia ($X) and Germany ($X) were the largest electromechanical tools for working in the hand, with self-contained electric motor suppliers to Belarus, with a combined 90% share of total imports.

Russia, with a CAGR of +21.7%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average import price for in-hand motor grinders, sanders and planers stood at $X per unit in 2021, waning by -6.4% against the previous year. Overall, the import price showed a deep setback. The most prominent rate of growth was recorded in 2014 when the average import price increased by 67% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+2.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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