Belarus: Market for Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids 2024

Market Size for Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids in Belarus

The Belarusian market for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids surged to $X in 2022, growing by 64% 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). In general, consumption, however, saw a pronounced reduction. Consumption of peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Exports of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids

Exports from Belarus

In 2022, the amount of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids exported from Belarus declined markedly to X units, with a decrease of -81.4% on 2021. In general, exports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 124%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids declined to $X in 2022. Over the period under review, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2013 with an increase of 135%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

Russia (X units) was the main destination for exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids from Belarus, with a 87% share of total exports. Moreover, exports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids to Russia exceeded the volume sent to the second major destination, Kazakhstan (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia amounted to -16.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+1.2% per year) and Ukraine (-5.9% per year).

In value terms, Russia ($X) remains the key foreign market for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids exports from Belarus, comprising 78% of total exports. The second position in the ranking was held by Ukraine ($X), with a 20% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia stood at -7.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+23.0% per year) and Kazakhstan (-22.6% per year).

Export Prices by Country

The average export price for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids stood at $X per unit in 2022, picking up by 391% against the previous year. Overall, the export price continues to indicate strong growth. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($X per unit), while the average price for exports to Kazakhstan ($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 (+30.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Machinery For Sorting, Mixing, Agglomerating, Shaping Or Moulding of Mined Solids

Imports into Belarus

In 2022, purchases abroad of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids was finally on the rise to reach X units after two years of decline. Over the period under review, imports, however, continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2013 with an increase of 37% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids rose sharply to $X in 2022. In general, imports, however, continue to indicate a deep contraction. The growth pace was the most rapid in 2017 with an increase of 88%. Over the period under review, imports of attained the maximum at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Russia (X units), China (X units) and Italy (X units) were the main suppliers of imports of machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids to Belarus, with a combined 90% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Russia (with a CAGR of +4.8%), while imports for the other leaders experienced a decline.

In value terms, Russia ($X), Germany ($X) and Italy ($X) were the largest machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids suppliers to Belarus, with a combined 76% share of total imports.

Among the main suppliers, Russia, with a CAGR of +4.9%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average import price for machinery for sorting, mixing, agglomerating, shaping or moulding of mined solids stood at $X per unit in 2022, surging by 5.6% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 41% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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