Belarus: Market for Non-Domestic Percolators and Equipment For Cooking Or Heating Food 2024

Market Size for Non-Domestic Percolators and Equipment For Cooking Or Heating Food in Belarus

In 2022, the Belarusian market for non-domestic percolators and equipment for cooking or heating food decreased by -7.3% to $X, falling for the second consecutive year after three years of growth. Over the period under review, consumption saw a abrupt curtailment. Consumption of peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Production of Non-Domestic Percolators and Equipment For Cooking Or Heating Food in Belarus

In value terms, production of non-domestic percolators and equipment for cooking or heating food expanded remarkably to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a deep setback. The growth pace was the most rapid in 2018 when the production volume increased by 191%. Over the period under review, production of attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Exports from Belarus

In 2022, the amount of non-domestic percolators and equipment for cooking or heating food exported from Belarus surged to X units, picking up by 85% compared with 2021. Over the period under review, exports recorded a buoyant expansion. The growth pace was the most rapid in 2017 when exports increased by 158%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of non-domestic percolators and equipment for cooking or heating food soared to $X in 2022. In general, exports saw a perceptible increase. The pace of growth appeared the most rapid in 2021 when exports increased by 167%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Russia (X units) was the main destination for exports of non-domestic percolators and equipment for cooking or heating food from Belarus, with a 99% share of total exports. It was followed by Kazakhstan (X units), with a 0.5% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia amounted to +16.8%.

In value terms, Russia ($X) remains the key foreign market for non-domestic percolators and equipment for cooking or heating food exports from Belarus, comprising 67% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a 27% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia amounted to +4.3%.

Export Prices by Country

The average export price for non-domestic percolators and equipment for cooking or heating food stood at $X per unit in 2022, waning by -17.4% against the previous year. Overall, the export price saw a abrupt slump. The most prominent rate of growth was recorded in 2020 an increase of 75% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while the average price for exports to Russia amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+27.8%).

Imports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Imports into Belarus

In 2022, imports of non-domestic percolators and equipment for cooking or heating food into Belarus surged to X units, jumping by 32% on 2021. In general, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2013 when imports increased by 85% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of non-domestic percolators and equipment for cooking or heating food soared to $X in 2022. Over the period under review, imports saw a remarkable increase. The growth pace was the most rapid in 2013 when imports increased by 81% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

Russia (X units), China (X units) and Turkey (X units) were the main suppliers of imports of non-domestic percolators and equipment for cooking or heating food to Belarus, with a combined 70% share of total imports. Romania, Italy and Germany lagged somewhat behind, together comprising a further 25%.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of +114.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constituted the largest supplier of non-domestic percolators and equipment for cooking or heating food to Belarus, comprising 36% of total imports. The second position in the ranking was taken by Italy ($X), with an 18% share of total imports. It was followed by Germany, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia totaled +19.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+7.6% per year) and Germany (+6.7% per year).

Import Prices by Country

The average import price for non-domestic percolators and equipment for cooking or heating food stood at $X per unit in 2022, jumping by 35% against the previous year. Overall, the import price, however, saw a abrupt descent. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+0.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform