Belarus: Market for Non-Electronic Hydro-, Hygro-, Psychrometers 2025

Market Size for Non-Electronic Hydro-, Hygro-, Psychrometers in Belarus

In 2021, after two years of decline, there was significant growth in the Belarusian non-electronic hydro- and hygrometers market, when its value increased by 59% to $X. In general, consumption showed mild growth. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Exports of Non-Electronic Hydro-, Hygro-, Psychrometers

Exports from Belarus

In 2021, overseas shipments of non-electronic hydro-, hygro-, psychrometers were finally on the rise to reach X units for the first time since 2017, thus ending a three-year declining trend. In general, exports recorded a prominent increase. The most prominent rate of growth was recorded in 2017 with an increase of 165% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, non-electronic hydro- and hygrometers exports dropped to $X in 2021. Over the period under review, exports saw noticeable growth. The most prominent rate of growth was recorded in 2017 with an increase of 134% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2020, and then fell modestly in the following year.

Exports by Country

Russia (X units) was the main destination for non-electronic hydro- and hygrometers exports from Belarus, accounting for a 77% share of total exports. Moreover, non-electronic hydro- and hygrometers exports to Russia exceeded the volume sent to the second major destination, Ukraine (X units), sixfold. The third position in this ranking was held by Pakistan (X units), with a 3.1% share.

From 2012 to 2021, the average annual growth rate of volume to Russia stood at +18.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+4.7% per year) and Pakistan (-18.5% per year).

In value terms, Russia ($X) remains the key foreign market for non-electronic hydro-, hygro-, psychrometers exports from Belarus, comprising 59% of total exports. The second position in the ranking was held by Ukraine ($X), with a 24% share of total exports. It was followed by Moldova, with a 3.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Russia stood at +8.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+9.4% per year) and Moldova (+11.6% per year).

Export Prices by Country

In 2021, the average non-electronic hydro- and hygrometers export price amounted to $X per unit, falling by -24.8% against the previous year. Over the period under review, the export price recorded a deep setback. The growth pace was the most rapid in 2019 when the average export price increased by 41% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Ukraine ($X per unit), while the average price for exports to Pakistan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Moldova (+9.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Non-Electronic Hydro-, Hygro-, Psychrometers

Imports into Belarus

In 2021, after two years of decline, there was significant growth in purchases abroad of non-electronic hydro-, hygro-, psychrometers, when their volume increased by 61% to X units. In general, imports recorded prominent growth. The growth pace was the most rapid in 2017 when imports increased by 86%. Over the period under review, imports reached the peak figure at X units in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, non-electronic hydro- and hygrometers imports reached $X in 2021. Over the period under review, imports, however, recorded a mild decline. The pace of growth was the most pronounced in 2018 with an increase of 55% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X units), Russia (X units) and Germany (X units) were the main suppliers of non-electronic hydro- and hygrometers imports to Belarus, together accounting for 93% of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +21.9%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Russia ($X) constituted the largest supplier of non-electronic hydro-, hygro-, psychrometers to Belarus, comprising 39% of total imports. The second position in the ranking was taken by Germany ($X), with a 17% share of total imports. It was followed by China, with a 14% share.

From 2012 to 2021, the average annual growth rate of value from Russia amounted to -5.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-1.7% per year) and China (+19.0% per year).

Import Prices by Country

In 2021, the average non-electronic hydro- and hygrometers import price amounted to $X per unit, waning by -29.2% against the previous year. Overall, the import price recorded a deep reduction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 18% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2013; however, from 2014 to 2021, 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 ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ukraine (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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