Belarus: Mannequin Market 2024

Mannequin Market Size in Belarus

The Belarusian mannequin market fell remarkably to $X in 2022, which is down by -69.9% against the previous year. Overall, consumption recorded a abrupt curtailment. As a result, consumption reached the peak level of $X, and then dropped sharply in the following year.

Mannequin Production in Belarus

In value terms, mannequin production contracted to $X in 2022 estimated in export price. Overall, production continues to indicate a abrupt downturn. The growth pace was the most rapid in 2018 with an increase of 45%. Mannequin production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Mannequin Exports

Exports from Belarus

In 2022, shipments abroad of mannequins increased by 382% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports recorded a pronounced expansion. Over the period under review, the exports attained the maximum at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, mannequin exports surged to $X in 2022. Overall, exports, however, continue to indicate a abrupt decrease. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X tons) was the main destination for mannequin exports from Belarus, with a 73% share of total exports. Moreover, mannequin exports to Russia exceeded the volume sent to the second major destination, Azerbaijan (X tons), sixfold. Lithuania (X tons) ranked third in terms of total exports with a 3.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia totaled +21.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (-12.8% per year) and Lithuania (+13.8% per year).

In value terms, Azerbaijan ($X) emerged as the key foreign market for mannequins exports from Belarus, comprising 49% of total exports. The second position in the ranking was taken by Russia ($X), with a 23% share of total exports. It was followed by the United Arab Emirates, with a 7.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Azerbaijan totaled -18.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+13.0% per year) and the United Arab Emirates (+69.9% per year).

Export Prices by Country

In 2022, the average mannequin export price amounted to $X per ton, with a decrease of -46.6% against the previous year. Overall, the export price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2018 an increase of 107% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Azerbaijan ($X per ton), while the average price for exports to Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.

Mannequin Imports

Imports into Belarus

Mannequin imports into Belarus soared to X tons in 2022, jumping by 162% on 2021 figures. Over the period under review, imports saw a prominent increase. The pace of growth appeared the most rapid in 2018 when imports increased by 368%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, mannequin imports surged to $X in 2022. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 272%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in years to come.

Imports by Country

Poland (X tons), Sweden (X tons) and Germany (X tons) were the main suppliers of mannequin imports to Belarus, together comprising 61% of total imports. Ukraine, Russia, the UK, the United States and China lagged somewhat behind, together comprising a further 32%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +66.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Russia ($X) and Sweden ($X) were the largest mannequin suppliers to Belarus, together comprising 74% of total imports. Germany, China, the UK, Poland and Ukraine lagged somewhat behind, together accounting for a further 19%.

The UK, with a CAGR of +94.4%, 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 mannequin import price amounted to $X per ton, remaining relatively unchanged against the previous year. In general, the import price continues to indicate strong growth. The pace of growth appeared the most rapid in 2015 when the average import price increased by 115% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+24.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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