Belarus: Modelling Pastes Market 2024

Modelling Pastes Market Size in Belarus

In 2021, the Belarusian modelling pastes market decreased by -45.8% to $X, falling for the second year in a row after three years of growth. Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Modelling Pastes Production in Belarus

In value terms, modelling pastes production stood at $X in 2021 estimated in export price. Over the period under review, production showed a strong increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by 45% against the previous year. Modelling pastes production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Modelling Pastes Exports

Exports from Belarus

Modelling pastes exports from Belarus expanded sharply to X tons in 2021, with an increase of 12% compared with the year before. In general, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2013 when exports increased by 127% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, modelling pastes exports shrank dramatically to $X in 2021. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 161% against the previous year. Over the period under review, the exports reached the maximum at $X in 2020, and then declined dramatically in the following year.

Exports by Country

Russia (X tons) was the main destination for modelling pastes exports from Belarus, accounting for a 91% share of total exports. Moreover, modelling pastes exports to Russia exceeded the volume sent to the second major destination, Ukraine (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Russia totaled +45.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+43.9% per year) and Poland (+96.8% per year).

In value terms, Russia ($X) remains the key foreign market for modelling pastes, dental wax and dental impression compounds exports from Belarus, comprising 88% of total exports. The second position in the ranking was held by Ukraine ($X), with a 6.1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Russia totaled +24.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+39.1% per year) and Poland (+91.2% per year).

Export Prices by Country

In 2021, the average modelling pastes export price amounted to $X per ton, shrinking by -25.3% against the previous year. In general, the export price saw a deep slump. The growth pace was the most rapid in 2013 an increase of 15% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Ukraine ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Poland (-2.8%), while the prices for the other major destinations experienced a decline.

Modelling Pastes Imports

Imports into Belarus

In 2021, supplies from abroad of modelling pastes, dental wax and dental impression compounds decreased by -44.6% to X tons for the first time since 2017, thus ending a three-year rising trend. In general, imports, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2019 when imports increased by 215% against the previous year. Imports peaked at X tons in 2020, and then fell sharply in the following year.

In value terms, modelling pastes imports shrank rapidly to $X in 2021. Overall, imports, however, posted a strong increase. The most prominent rate of growth was recorded in 2019 when imports increased by 76% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports failed to regain momentum.

Imports by Country

China (X tons), Russia (X tons) and Italy (X tons) were the main suppliers of modelling pastes imports to Belarus, together comprising 94% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +32.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest modelling pastes suppliers to Belarus were China ($X), Russia ($X) and Italy ($X), together comprising 80% of total imports.

China, with a CAGR of +21.8%, saw the highest rates of growth with regard to 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 2021, the average modelling pastes import price amounted to $X per ton, increasing by 43% against the previous year. In general, the import price, however, saw a deep reduction. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+3.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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