Belarus: Air Conditioning Machine Market 2024

Air Conditioning Machine Market Size in Belarus

The Belarusian air conditioning machine market reduced remarkably to $X in 2022, waning by -90.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a sharp decrease. Air conditioning machine consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Air Conditioning Machine Exports

Exports from Belarus

Air conditioning machine exports from Belarus surged to X units in 2022, jumping by 90% compared with the previous year's figure. Over the period under review, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by 164%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, air conditioning machine exports surged to $X in 2022. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 206% against the previous year. 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 air conditioning machine exports from Belarus, accounting for a 95% share of total exports. It was followed by Kazakhstan (X units), with a 3.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia stood at +33.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+6.0% per year) and Ukraine (+65.5% per year).

In value terms, Russia ($X) remains the key foreign market for non-window or wall air conditioning machines exports from Belarus, comprising 87% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with an 11% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Russia totaled +36.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+15.9% per year) and Ukraine (+63.3% per year).

Export Prices by Country

In 2022, the average air conditioning machine export price amounted to $X per unit, reducing by -28.2% against the previous year. Overall, the export price, however, continues to indicate a modest expansion. The growth pace was the most rapid in 2014 an increase of 176% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while the average price for exports to Russia ($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 Kazakhstan (+9.4%), while the prices for the other major destinations experienced mixed trend patterns.

Air Conditioning Machine Imports

Imports into Belarus

In 2022, air conditioning machine imports into Belarus declined significantly to X units, with a decrease of -21.2% on the previous year. Overall, imports saw a noticeable curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 46% against the previous year. Imports peaked at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, air conditioning machine imports declined modestly to $X in 2022. In general, imports continue to indicate a perceptible downturn. The growth pace was the most rapid in 2018 with an increase of 53%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Poland (X units), Russia (X units) and Italy (X units) were the main suppliers of air conditioning machine imports to Belarus, together accounting for 53% of total imports. Sweden, Germany, Lithuania, China, Spain and Slovenia lagged somewhat behind, together accounting for a further 34%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +18.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Poland ($X) and Germany ($X) appeared to be the largest air conditioning machine suppliers to Belarus, together comprising 63% of total imports. Italy, China, Sweden, Spain, Lithuania and Slovenia lagged somewhat behind, together accounting for a further 26%.

Spain, with a CAGR of +23.0%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average air conditioning machine import price amounted to $X per unit, jumping by 23% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 26%. The import price peaked at $X per unit in 2018; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Slovenia ($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 (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform