Belarus: Market for Moulds For Mineral Materials 2024

Market Size for Moulds For Mineral Materials in Belarus

In 2022, the Belarusian mould for mineral materials market decreased by -1% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption, however, recorded a significant expansion. Mould for mineral materials consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Moulds For Mineral Materials in Belarus

In value terms, mould for mineral materials production rose to $X in 2022 estimated in export price. In general, production saw a perceptible decrease. The growth pace was the most rapid in 2020 with an increase of 22% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Moulds For Mineral Materials

Exports from Belarus

In 2022, overseas shipments of moulds for mineral materials decreased by -6.8% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2016 when exports increased by 124% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, mould for mineral materials exports skyrocketed to $X in 2022. Overall, exports showed a deep downturn. The growth pace was the most rapid in 2020 when exports increased by 130%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Russia (X units) was the main destination for mould for mineral materials exports from Belarus, with a 89% share of total exports. Moreover, mould for mineral materials exports to Russia exceeded the volume sent to the second major destination, Kazakhstan (X units), tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia amounted to -12.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (-7.0% per year) and Lithuania (+71.2% per year).

In value terms, Russia ($X) remains the key foreign market for moulds for mineral materials exports from Belarus, comprising 91% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a 7.4% share of total exports.

From 2012 to 2022, 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 (-7.8% per year) and Lithuania (+37.0% per year).

Export Prices by Country

In 2022, the average mould for mineral materials export price amounted to $X per unit, growing by 44% against the previous year. Overall, the export price showed a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Lithuania ($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 Turkmenistan (+5.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Moulds For Mineral Materials

Imports into Belarus

In 2022, purchases abroad of moulds for mineral materials decreased by -50.5% to X units, falling for the second consecutive year after two years of growth. Overall, imports faced a deep slump. The pace of growth was the most pronounced in 2014 with an increase of 147%. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, mould for mineral materials imports dropped markedly to $X in 2022. Over the period under review, imports saw a deep slump. The pace of growth appeared the most rapid in 2014 when imports increased by 164%. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

Russia (X units), Poland (X units) and Ukraine (X units) were the main suppliers of mould for mineral materials imports to Belarus, together comprising 81% of total imports.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of +9.4%), while purchases for the other leaders experienced a decline.

In value terms, Poland ($X), Germany ($X) and Russia ($X) were the largest mould for mineral materials suppliers to Belarus, together comprising 77% of total imports. Ukraine, Italy and China lagged somewhat behind, together comprising a further 21%.

China, with a CAGR of +6.8%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average mould for mineral materials import price stood at $X per unit in 2022, declining by -23.7% against the previous year. Overall, the import price continues to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2015 when the average import price increased by 155%. As a result, import price attained the peak level of $X per unit. From 2016 to 2022, the average 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 ($X per unit), while the price for Russia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :