Report Update Nov 1, 2024

Belarus - Industrial Automatic Sewing Machines - Market Analysis, Forecast, Size, Trends and Insights

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Belarus: Market for Industrial Automatic Sewing Machines 2024

Market Size for Industrial Automatic Sewing Machines in Belarus

In 2022, the Belarusian industrial automatic sewing machine market increased by 72% to $X, rising for the third year in a row after three years of decline. In general, consumption enjoyed a strong increase. Over the period under review, the market attained the maximum level in 2022 and is likely to see gradual growth in the near future.

Exports of Industrial Automatic Sewing Machines

Exports from Belarus

In 2022, the amount of industrial automatic sewing machines exported from Belarus skyrocketed to X units, increasing by 203% compared with the previous year's figure. Overall, exports posted significant growth. The growth pace was the most rapid in 2013 with an increase of 3,400%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, industrial automatic sewing machine exports skyrocketed to $X in 2022. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 1,800% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Russia (X units) was the main destination for industrial automatic sewing machine exports from Belarus, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Russia totaled +96.3%.

In value terms, Russia ($X) also remains the key foreign market for industrial automatic sewing machines exports from Belarus.

From 2012 to 2022, the average annual growth rate of value to Russia totaled +81.7%.

Export Prices by Country

The average industrial automatic sewing machine export price stood at $X per unit in 2022, picking up by 80% against the previous year. Overall, the export price, however, saw a abrupt shrinkage. The growth pace was the most rapid in 2016 an increase of 88%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -7.4% per year.

Imports of Industrial Automatic Sewing Machines

Imports into Belarus

In 2022, overseas purchases of industrial automatic sewing machines increased by 93% to X units, rising for the fourth year in a row after two years of decline. In general, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of 268% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, industrial automatic sewing machine imports skyrocketed to $X in 2022. Overall, imports showed a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Vietnam (X units), China (X units) and Russia (X units) were the main suppliers of industrial automatic sewing machine imports to Belarus, together accounting for 91% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Russia (with a CAGR of +94.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Russia ($X) and Germany ($X) were the largest industrial automatic sewing machine suppliers to Belarus, together comprising 78% of total imports.

Russia, with a CAGR of +99.8%, saw the highest growth rate of the value of imports, among 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 industrial automatic sewing machine import price amounted to $X per unit, with an increase of 27% against the previous year. In general, the import price, however, continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by 66%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+2.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for industrial automatic sewing machines in the world?

The countries with the highest volumes of industrial automatic sewing machine consumption in 2021 were China, Nigeria and Japan, together comprising 62% of global consumption.

What are the largest producers of industrial automatic sewing machines in the world?

China constituted the country with the largest volume of industrial automatic sewing machine production, accounting for 83% of total volume. Moreover, industrial automatic sewing machine production in China exceeded the figures recorded by the second-largest producer, Japan, tenfold.

What are the leading suppliers of industrial automatic sewing machines to Belarus?

In value terms, China, Russia and Turkey appeared to be the largest industrial automatic sewing machine suppliers to Belarus, together accounting for 68% of total imports. These countries were followed by Latvia and Vietnam, which together accounted for a further 4.4%.

What are the leading importers of industrial automatic sewing machines from Belarus?

In value terms, Russia remains the key foreign market for industrial automatic sewing machine exports from Belarus.

What is the average export price for industrial automatic sewing machines in Belarus?

The average industrial automatic sewing machine export price stood at $268 per unit in 2021, dropping by -14.2% against the previous year.

What is the average import price for industrial automatic sewing machines in Belarus?

The average industrial automatic sewing machine import price stood at $636 per unit in 2021, surging by 46% against the previous year.

This report provides an in-depth analysis of the market for industrial automatic sewing machine 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 28942430 - Industrial automatic sewing machines (excluding book-sewing machines)

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