Belarus - Machines Having Individual Functions, for Mixing, Kneading, Crushing or Grinding - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBelarus: Grinding Machine Market 2024
Grinding Machine Market Size in Belarus
The Belarusian grinding machine market reduced dramatically to $X in 2021, shrinking by -65.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a abrupt descent. Grinding machine consumption peaked at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.
Grinding Machine Exports
Exports from Belarus
In 2021, shipments abroad of machines having individual functions, for mixing, kneading, crushing or grinding increased by 43% to X units, rising for the third year in a row after two years of decline. Overall, exports posted a significant increase. The pace of growth appeared the most rapid in 2019 with an increase of 111% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the near future.
In value terms, grinding machine exports soared to $X in 2021. In general, exports saw resilient growth. The most prominent rate of growth was recorded in 2016 with an increase of 128% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.
Exports by Country
Russia (X units) was the main destination for grinding machine exports from Belarus, accounting for a 96% share of total exports. It was followed by Lithuania (X units), with a 1.9% share of total exports.
From 2012 to 2021, the average annual growth rate of volume to Russia amounted to +27.0%.
In value terms, Russia ($X) remains the key foreign market for machines having individual functions, for mixing, kneading, crushing or grinding exports from Belarus, comprising 78% of total exports. The second position in the ranking was taken by Lithuania ($X), with an 11% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of value to Russia totaled +15.6%.
Export Prices by Country
The average grinding machine export price stood at $X per unit in 2021, declining by -5.4% against the previous year. In general, the export price showed a abrupt descent. The pace of growth was the most pronounced in 2018 when the average export price increased by 146% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2019 to 2021, the average export prices remained at a somewhat lower figure.
Prices varied noticeably country of destination: the country with the highest price was Lithuania ($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 Lithuania (+12.3%).
Grinding Machine Imports
Imports into Belarus
In 2021, purchases abroad of machines having individual functions, for mixing, kneading, crushing or grinding decreased by -24% to X units for the first time since 2018, thus ending a two-year rising trend. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by 217% against the previous year. Over the period under review, imports reached the peak figure at X units in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.
In value terms, grinding machine imports stood at $X in 2021. Over the period under review, imports saw a noticeable descent. The most prominent rate of growth was recorded in 2017 when imports increased by 376% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.
Imports by Country
Russia (X units), China (X units) and Italy (X units) were the main suppliers of grinding machine imports to Belarus, with a combined 57% share of total imports.
From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +29.4%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Italy ($X) constituted the largest supplier of machines having individual functions, for mixing, kneading, crushing or grinding to Belarus, comprising 37% of total imports. The second position in the ranking was taken by Russia ($X), with a 15% share of total imports. It was followed by Finland, with a 12% share.
From 2012 to 2021, the average annual growth rate of value from Italy stood at +5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+13.6% per year) and Finland (+49.2% per year).
Import Prices by Country
In 2021, the average grinding machine import price amounted to $X per unit, rising by 33% against the previous year. In general, the import price, however, saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2020 an increase of 71%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Finland ($X per unit), while the price for Latvia ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Moldova (+349.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the grinding machine market 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 28993915 - Machines and mechanical appliances, having individual functions, for mixing, kneading, crushing, grinding, screening, s ifting, homogenising, emulsifying or stirring (excluding robots)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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