Report Update Nov 1, 2024

Belarus - Non-Electric Industrial or Laboratory Furnaces and Ovens - Market Analysis, Forecast, Size, Trends and Insights

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Belarus: Non-Electric Industrial Furnace Market 2024

Non-Electric Industrial Furnace Exports

Exports from Belarus

In 2022, after three years of growth, there was significant decline in shipments abroad of non-electric industrial or laboratory furnaces and ovens, when their volume decreased by -30.1% to X units. Over the period under review, exports, however, recorded strong growth. The growth pace was the most rapid in 2019 when exports increased by 174%. The exports peaked at X units in 2021, and then shrank notably in the following year.

In value terms, non-electric industrial furnace exports reduced rapidly to $X in 2022. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 598%. Over the period under review, the exports hit record highs at $X in 2021, and then shrank rapidly in the following year.

Exports by Country

Russia (X units) was the main destination for non-electric industrial furnace exports from Belarus, with a 66% share of total exports. Moreover, non-electric industrial furnace exports to Russia exceeded the volume sent to the second major destination, Uzbekistan (X units), twofold. The third position in this ranking was taken by Saudi Arabia (X units), with a 2.3% share.

From 2012 to 2022, the average annual growth rate of volume to Russia stood at +35.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (+15,600.0% per year) and Saudi Arabia (+0.9% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for non-electric industrial or laboratory furnaces and ovens exports from Belarus, comprising 64% of total exports. The second position in the ranking was taken by Russia ($X), with a 30% share of total exports. It was followed by Uzbekistan, with a 5.4% share.

From 2012 to 2022, the average annual growth rate of value to Saudi Arabia totaled +23.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+68.4% per year) and Uzbekistan (+16,464.8% per year).

Export Prices by Country

The average non-electric industrial furnace export price stood at $X per unit in 2022, waning by -12.4% against the previous year. Over the period under review, the export price, however, showed a buoyant increase. The pace of growth was the most pronounced in 2020 an increase of 342%. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per unit), while the average price for exports to Lithuania ($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 Russia (+24.6%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Electric Industrial Furnace Imports

Imports into Belarus

Non-electric industrial furnace imports into Belarus surged to X units in 2022, growing by 28% on the previous year. Overall, imports, however, saw a significant decrease. The pace of growth appeared the most rapid in 2018 with an increase of 1,815% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, non-electric industrial furnace imports skyrocketed to $X in 2022. In general, imports, however, faced a dramatic downturn. The pace of growth appeared the most rapid in 2018 when imports increased by 2,008%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Ukraine (X units), Russia (X units) and France (X units) were the main suppliers of non-electric industrial furnace imports to Belarus, with a combined 42% 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 France (with a CAGR of +1.0%), while imports for the other leaders experienced a decline.

In value terms, Taiwan (Chinese) ($X), Germany ($X) and the Czech Republic ($X) constituted the largest non-electric industrial furnace suppliers to Belarus, together comprising 65% of total imports.

Taiwan (Chinese), with a CAGR of +8.4%, 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 a decline.

Import Prices by Country

In 2022, the average non-electric industrial furnace import price amounted to $X per unit, jumping by 53% against the previous year. Over the period under review, the import price showed notable growth. The growth pace was the most rapid in 2013 when the average import price increased by 614%. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the average 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 Taiwan (Chinese) ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for non-electric industrial or laboratory furnaces and ovens in the world?

The countries with the highest volumes of in 2021 were Indonesia, China and France, with a combined 50% share of global consumption.

What are the largest producers of non-electric industrial or laboratory furnaces and ovens in the world?

China constituted the country with the largest volume of non-electric industrial furnace production, accounting for 34% of total volume. Moreover, non-electric industrial furnace production in China exceeded the figures recorded by the second-largest producer, France, threefold. The third position in this ranking was occupied by India, with an 8.9% share.

What are the leading suppliers of non-electric industrial or laboratory furnaces and ovens to Belarus?

In value terms, the largest non-electric industrial furnace suppliers to Belarus were Ukraine, Italy and China, with a combined 87% share of total imports.

What are the leading importers of non-electric industrial or laboratory furnaces and ovens from Belarus?

In value terms, Russia remains the key foreign market for non-electric industrial furnace exports from Belarus.

What is the average export price for non-electric industrial or laboratory furnaces and ovens in Belarus?

The average non-electric industrial furnace export price stood at $1,802 per unit in 2021, growing by 86% against the previous year.

What is the average import price for non-electric industrial or laboratory furnaces and ovens in Belarus?

The average non-electric industrial furnace import price stood at $483 per unit in 2021, declining by -59.8% against the previous year.

This report provides an in-depth analysis of the non-electric industrial furnace market in Belarus. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28211270 - Industrial or laboratory furnaces and ovens, non-electric, i ncluding incinerators (excluding those for the roasting, m elting or other heat treatment of ores, pyrites or metals, b akery ovens, drying ovens and ovens for cracking operations)

Country coverage:

Belarus

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Belarus
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023