Belarus: Wire And Cable Market 2025

Wire And Cable Market Size in Belarus

In 2021, the Belarusian wire and cable market decreased by -17.2% to $X, falling for the second year in a row after three years of growth. Overall, consumption continues to indicate a perceptible curtailment. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Wire And Cable Production in Belarus

In value terms, wire and cable production totaled $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by 14%. Wire and cable production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Wire And Cable Exports

Exports from Belarus

Wire and cable exports from Belarus soared to X tons in 2021, picking up by 23% on the year before. In general, exports continue to indicate a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, wire and cable exports skyrocketed to $X in 2021. Over the period under review, total exports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +118.2% against 2015 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X tons), Germany (X tons) and Poland (X tons) were the main destinations of wire and cable exports from Belarus, together comprising 57% of total exports. Lithuania, Ukraine, the Czech Republic, Latvia, Finland and Slovenia lagged somewhat behind, together comprising a further 30%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Finland (with a CAGR of +278.6%), while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) remains the key foreign market for insulated wire and cable exports from Belarus, comprising 37% of total exports. The second position in the ranking was held by Germany ($X), with an 18% share of total exports. It was followed by Ukraine, with a 7.5% share.

From 2012 to 2021, the average annual growth rate of value to Russia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+127.5% per year) and Ukraine (+17.0% per year).

Export Prices by Country

In 2021, the average wire and cable export price amounted to $X per ton, picking up by 17% against the previous year. In general, the export price, however, recorded a noticeable shrinkage. Over the period under review, the average export prices hit record highs at $X per ton 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 foreign markets. In 2021, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+2.8%), while the prices for the other major destinations experienced a decline.

Wire And Cable Imports

Imports into Belarus

In 2021, overseas purchases of insulated wire and cable decreased by -13.8% to X tons, falling for the second consecutive year after three years of growth. Over the period under review, imports recorded a abrupt descent. The growth pace was the most rapid in 2019 with an increase of 16%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, wire and cable imports stood at $X in 2021. Overall, imports continue to indicate a deep reduction. The growth pace was the most rapid in 2018 with an increase of 33%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Russia (X tons) constituted the largest wire and cable supplier to Belarus, accounting for a 80% share of total imports. Moreover, wire and cable imports from Russia exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold. The third position in this ranking was taken by Poland (X tons), with a 2.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Russia totaled -5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+0.1% per year) and Poland (-11.3% per year).

In value terms, Russia ($X) constituted the largest supplier of insulated wire and cable to Belarus, comprising 64% of total imports. The second position in the ranking was taken by China ($X), with an 8.1% share of total imports. It was followed by Switzerland, with a 5.7% share.

From 2012 to 2021, the average annual growth rate of value from Russia totaled -6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-1.8% per year) and Switzerland (+16.9% per year).

Import Prices by Country

In 2021, the average wire and cable import price amounted to $X per ton, increasing by 21% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 21% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+1.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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