Report Update Nov 1, 2024

Belarus - Lathes for Removing Metal - Market Analysis, Forecast, Size, Trends and Insights

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Belarus: Market for Lathes For Removing Metal 2024

Market Size for Lathes For Removing Metal in Belarus

In 2021, the Belarusian lathe for removing metal market decreased by -18.7% to $X, falling for the second year in a row after two years of growth. In general, consumption showed a abrupt slump. Lathe for removing metal consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Lathes For Removing Metal in Belarus

In value terms, lathe for removing metal production expanded modestly to $X in 2021 estimated in export price. Over the period under review, production saw a noticeable reduction. The most prominent rate of growth was recorded in 2013 when the production volume increased by 69%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Exports of Lathes For Removing Metal

Exports from Belarus

For the third year in a row, Belarus recorded growth in shipments abroad of lathes for removing metal, which increased by 169% to X units in 2021. Overall, exports saw a significant expansion. The growth pace was the most rapid in 2013 with an increase of 296%. The exports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, lathe for removing metal exports soared to $X in 2021. In general, exports posted strong growth. The most prominent rate of growth was recorded in 2013 with an increase of 224%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Russia (X units) was the main destination for lathe for removing metal exports from Belarus, accounting for a 98% share of total exports. It was followed by Lithuania (X units), with a 0.3% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Russia stood at +25.2%.

In value terms, Russia ($X) remains the key foreign market for lathes for removing metal exports from Belarus, comprising 95% of total exports. The second position in the ranking was held by Lithuania ($X), with a 0.3% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Russia amounted to +5.1%.

Export Prices by Country

In 2021, the average lathe for removing metal export price amounted to $X per unit, falling by -20.2% against the previous year. In general, the export price showed a deep slump. The most prominent rate of growth was recorded in 2017 when the average export price increased by 14% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Lithuania ($X per unit), while the average price for exports to Russia amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (-4.2%).

Imports of Lathes For Removing Metal

Imports into Belarus

In 2021, the amount of lathes for removing metal imported into Belarus surged to X units, growing by 205% compared with 2020 figures. Overall, imports saw a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, lathe for removing metal imports soared to $X in 2021. In general, imports, however, recorded a pronounced setback. Over the period under review, lafor removing metal imports reached the peak figure at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Russia (X units) constituted the largest supplier of lathe for removing metal to Belarus, with a 55% share of total imports. Moreover, lathe for removing metal imports from Russia exceeded the figures recorded by the second-largest supplier, China (X units), threefold. The third position in this ranking was held by the United States (X units), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Russia totaled +26.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+22.8% per year) and the United States (+40.5% per year).

In value terms, the United States ($X), Russia ($X) and Germany ($X) appeared to be the largest lathe for removing metal suppliers to Belarus, with a combined 60% share of total imports.

Among the main suppliers, the United States, with a CAGR of +25.8%, recorded the highest growth rate of 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

In 2021, the average lathe for removing metal import price amounted to $X per unit, dropping by -35.7% against the previous year. In general, the import price continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2015 an increase of 89%. The import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the Czech Republic ($X per unit), while the price for Russia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ukraine (+7.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lathes for removing metal in the world?

South Africa constituted the country with the largest volume of lathe for removing metal consumption, accounting for 35% of total volume. Moreover, lathe for removing metal consumption in South Africa exceeded the figures recorded by the second-largest consumer, Japan, twofold. China ranked third in terms of total consumption with a 7.3% share.

What are the largest producers of lathes for removing metal in the world?

The countries with the highest volumes of lathe for removing metal production in 2021 were Japan, China and India, with a combined 64% share of global production.

What are the leading suppliers of lathes for removing metal to Belarus?

In value terms, the United States, Germany and Japan were the largest lathe for removing metal suppliers to Belarus, together accounting for 85% of total imports.

What are the leading importers of lathes for removing metal from Belarus?

In value terms, Russia remains the key foreign market for lathe for removing metal exports from Belarus.

What is the average export price for lathes for removing metal in Belarus?

In 2021, the average lathe for removing metal export price amounted to $7,097 per unit, with a decrease of -20.4% against the previous year.

What is the average import price for lathes for removing metal in Belarus?

In 2021, the average lathe for removing metal import price amounted to $16,628 per unit, dropping by -21.4% against the previous year.

This report provides an in-depth analysis of the market for lathe for removing metal 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 28412123 - Numerically controlled horizontal lathes, turning centres, for removing metal
Prodcom 28412127 - Numerically controlled horizontal lathes, automatic lathes, for removing metal (excluding turning centres)
Prodcom 28412129 - Numerically controlled horizontal lathes, for removing metal (excluding turning centres, automatic lathes)
Prodcom 28412140 - Non-numerically controlled horizontal lathes, for removing metal
Prodcom 28412160 - Lathes, including turning centres, for removing metal (excluding horizontal lathes)

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