Belarus: Market for Rubber-to-Metal and Moulded Articles 2025

Market Size for Rubber-to-Metal and Moulded Articles in Belarus

In 2021, the Belarusian rubber-to-metal and moulded article market decreased by -1.7% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption recorded a noticeable decrease. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Exports of Rubber-to-Metal and Moulded Articles

Exports from Belarus

In 2021, exports of rubber-to-metal and moulded articles from Belarus rose markedly to X tons, with an increase of 15% compared with 2020. In general, exports posted a strong expansion. The most prominent rate of growth was recorded in 2016 with an increase of 123% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, rubber-to-metal and moulded article exports soared to $X in 2021. Over the period under review, exports posted a buoyant increase. The most prominent rate of growth was recorded in 2016 with an increase of 60% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Russia (X tons) was the main destination for rubber-to-metal and moulded article exports from Belarus, accounting for a 89% share of total exports. Moreover, rubber-to-metal and moulded article 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 rate of growth in terms of volume to Russia amounted to +15.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+22.6% per year) and Kazakhstan (+46.1% per year).

In value terms, Russia ($X) remains the key foreign market for rubber-to-metal and moulded articles exports from Belarus, comprising 84% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a 5.1% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Russia amounted to +11.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+45.8% per year) and Ukraine (+19.9% per year).

Export Prices by Country

The average rubber-to-metal and moulded article export price stood at $X per ton in 2021, growing by 11% against the previous year. In general, the export price, however, saw a noticeable reduction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 45%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to Russia ($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 Kazakhstan (-0.2%), while the prices for the other major destinations experienced a decline.

Imports of Rubber-to-Metal and Moulded Articles

Imports into Belarus

Rubber-to-metal and moulded article imports into Belarus expanded sharply to X tons in 2021, picking up by 5.1% compared with 2020 figures. In general, total imports indicated a perceptible increase from 2012 to 2021: its volume increased at an average annual rate of +4.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -8.7% against 2019 indices. The most prominent rate of growth was recorded in 2016 with an increase of 65% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, rubber-to-metal and moulded article imports skyrocketed to $X in 2021. Over the period under review, total imports indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 23% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in years to come.

Imports by Country

China (X tons), Russia (X tons) and Turkey (X tons) were the main suppliers of rubber-to-metal and moulded article imports to Belarus, with a combined 64% share of total imports. Ukraine, Italy, Germany, India, Poland, South Korea, Spain and France lagged somewhat behind, together accounting for a further 28%.

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

In value terms, Russia ($X), China ($X) and Germany ($X) appeared to be the largest rubber-to-metal and moulded article suppliers to Belarus, with a combined 53% share of total imports. Italy, Turkey, Ukraine, Poland, Spain, France, India and South Korea lagged somewhat behind, together accounting for a further 31%.

South Korea, with a CAGR of +16.9%, recorded the highest rates of growth with regard to the value of imports, in terms of 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 rubber-to-metal and moulded article import price amounted to $X per ton, with an increase of 11% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by 18%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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