Belarus: Hide Preparing Machinery Market 2024

Hide Preparing Machinery Market Size in Belarus

The Belarusian hide preparing machinery market stood at $X in 2022, surging by 3.1% against the previous year. Overall, consumption recorded a mild expansion. Hide preparing machinery consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Hide Preparing Machinery Production in Belarus

In value terms, hide preparing machinery production amounted to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume decreased by 99.9% against the previous year. Over the period under review, production attained the peak level in 2022 and is expected to retain growth in years to come.

Hide Preparing Machinery Exports

Exports from Belarus

Hide preparing machinery exports from Belarus totaled X units in 2022, remaining constant against 2021. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 67%. The exports peaked at X units in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, hide preparing machinery exports expanded markedly to $X in 2022. Over the period under review, exports faced a deep setback. The growth pace was the most rapid in 2018 with an increase of 963% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X units), Poland (X units) and Italy (X units) were the main destinations of hide preparing machinery exports from Belarus.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of 0.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) remains the key foreign market for machinery for preparing, tanning or working hides, skins or leather exports from Belarus, comprising 83% of total exports. The second position in the ranking was taken by Italy ($X), with a 15% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia totaled +5.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-23.3% per year) and Poland (-29.1% per year).

Export Prices by Country

In 2022, the average hide preparing machinery export price amounted to $X per unit, with an increase of 8.5% against the previous year. In general, the export price, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2018 an increase of 963%. Over the period under review, the average export prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Poland ($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 (+1,386.2%), while the prices for the other major destinations experienced mixed trend patterns.

Hide Preparing Machinery Imports

Imports into Belarus

In 2022, approx. X units of machinery for preparing, tanning or working hides, skins or leather were imported into Belarus; picking up by 13% on the year before. In general, imports recorded pronounced growth. The most prominent rate of growth was recorded in 2021 with an increase of 104%. Over the period under review, imports attained the maximum at X units in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, hide preparing machinery imports reduced sharply to $X in 2022. Over the period under review, imports, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 when imports increased by 329%. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), Ukraine (X units) and Italy (X units) were the main suppliers of hide preparing machinery imports to Belarus, together comprising 60% of total imports.

From 2012 to 2022, the biggest increases were recorded for Ukraine (with a CAGR of +24.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest hide preparing machinery suppliers to Belarus were Italy ($X), Ukraine ($X) and Turkey ($X), with a combined 50% share of total imports.

Among the main suppliers, Ukraine, with a CAGR of +79.0%, saw 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

The average hide preparing machinery import price stood at $X per unit in 2022, which is down by -38.9% against the previous year. Overall, the import price continues to indicate a abrupt descent. The growth pace was the most rapid in 2020 when the average import price increased by 124%. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 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 ($X per unit), while the price for Latvia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+43.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :