Report Update Nov 1, 2024

Belarus - Non-Numerically Controlled Sharpening Machines for Working Metal - Market Analysis, Forecast, Size, Trends and Insights

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Belarus: Market for Non-Numerically Controlled Sharpening Machines For Working Metal 2024

Market Size for Non-Numerically Controlled Sharpening Machines For Working Metal in Belarus

The Belarusian non-numerically controlled sharpening machine market skyrocketed to $X in 2022, increasing by 17% against the previous year. Overall, consumption saw a strong expansion. Non-numerically controlled sharpening machine consumption peaked in 2022 and is likely to see steady growth in the near future.

Production of Non-Numerically Controlled Sharpening Machines For Working Metal in Belarus

In value terms, non-numerically controlled sharpening machine production expanded rapidly to $X in 2022 estimated in export price. Over the period under review, production posted a resilient expansion. The pace of growth appeared the most rapid in 2020 when the production volume increased by 76%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Exports of Non-Numerically Controlled Sharpening Machines For Working Metal

Exports from Belarus

After four years of growth, shipments abroad of non-numerically controlled sharpening machines for working metal decreased by -16.4% to X units in 2022. Over the period under review, exports, however, showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 176%. As a result, the exports attained the peak of X units, and then declined markedly in the following year.

In value terms, non-numerically controlled sharpening machine exports dropped to $X in 2022. Overall, exports showed a noticeable downturn. The pace of growth appeared the most rapid in 2021 with an increase of 97% against the previous year. 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 non-numerically controlled sharpening machine exports from Belarus, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Russia stood at +45.6%.

In value terms, Russia ($X) also remains the key foreign market for non-numerically controlled sharpening machines for working metal exports from Belarus.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia totaled -4.0%.

Export Prices by Country

The average non-numerically controlled sharpening machine export price stood at $X per unit in 2022, surging by 8.5% against the previous year. Over the period under review, the export price, however, faced a sharp reduction. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -34.1% per year.

Imports of Non-Numerically Controlled Sharpening Machines For Working Metal

Imports into Belarus

In 2022, purchases abroad of non-numerically controlled sharpening machines for working metal increased by 3.8% to X units, rising for the second year in a row after two years of decline. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 284%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, non-numerically controlled sharpening machine imports declined to $X in 2022. In general, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when imports increased by 334% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Russia (X units) was the main non-numerically controlled sharpening machine supplier to Belarus, with a 93% share of total imports. Moreover, non-numerically controlled sharpening machine imports from Russia exceeded the figures recorded by the second-largest supplier, China (X units), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from Russia totaled +24.3%.

In value terms, the largest non-numerically controlled sharpening machine suppliers to Belarus were Russia ($X) and China ($X).

In terms of the main suppliers, Russia, with a CAGR of +10.8%, saw the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

In 2022, the average non-numerically controlled sharpening machine import price amounted to $X per unit, dropping by -13% against the previous year. Overall, the import price saw a deep reduction. The pace of growth was the most pronounced in 2013 when the average import price increased by 67% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for Russia amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-5.3%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for non-numerically controlled sharpening machines for working metal in the world?

The countries with the highest volumes of non-numerically controlled sharpening machine consumption in 2021 were China, the United States and South Africa, together accounting for 44% of global consumption. These countries were followed by India, Germany, Japan, Nigeria, Russia, Bangladesh, the UK, Turkey, Canada and South Korea, which together accounted for a further 36%.

What are the largest producers of non-numerically controlled sharpening machines for working metal in the world?

The country with the largest volume of non-numerically controlled sharpening machine production was China, comprising approx. 34% of total volume. Moreover, non-numerically controlled sharpening machine production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with a 10% share.

What are the leading suppliers of non-numerically controlled sharpening machines for working metal to Belarus?

In value terms, the largest non-numerically controlled sharpening machine suppliers to Belarus were Russia and China.

What are the leading importers of non-numerically controlled sharpening machines for working metal from Belarus?

In value terms, Russia remains the key foreign market for non-numerically controlled sharpening machine exports from Belarus.

What is the average export price for non-numerically controlled sharpening machines for working metal in Belarus?

The average non-numerically controlled sharpening machine export price stood at $37 per unit in 2021, rising by 12% against the previous year.

What is the average import price for non-numerically controlled sharpening machines for working metal in Belarus?

In 2021, the average non-numerically controlled sharpening machine import price amounted to $122 per unit, reducing by -25.2% against the previous year.

This report provides an in-depth analysis of the market for non-numerically controlled sharpening machine 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 28412375 - Non-numerically controlled sharpening (tool or cutter grinding) machines for working metal

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

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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
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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