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

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

The Belarusian numerically controlled sharpening machine market contracted rapidly to $X in 2022, with a decrease of -46% against the previous year. Over the period under review, consumption faced a deep slump. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Numerically Controlled Sharpening Machines For Working Metal in Belarus

In value terms, numerically controlled sharpening machine production amounted to $X in 2022 estimated in export price. Overall, production recorded a dramatic decrease. The growth pace was the most rapid in 2014 with a decrease of 99.9% against the previous year. Numerically controlled sharpening machine production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Exports of Numerically Controlled Sharpening Machines For Working Metal

Exports from Belarus

In 2022, exports of numerically controlled sharpening machines for working metal from Belarus skyrocketed to X units, rising by 50% against 2021. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of 133%. Over the period under review, the exports reached the peak figure at X units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, numerically controlled sharpening machine exports soared to $X in 2022. Over the period under review, exports, however, recorded a abrupt curtailment. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Russia (X units) was the main destination for numerically controlled sharpening machine exports from Belarus, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Russia was relatively modest.

In value terms, Russia ($X) also remains the key foreign market for 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 amounted to -12.3%.

Export Prices by Country

The average numerically controlled sharpening machine export price stood at $X per unit in 2022, waning by -15.4% against the previous year. In general, the export price recorded a abrupt slump. The pace of growth was the most pronounced in 2014 an increase of 24%. 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 the Czech Republic amounted to +100.0% per year.

Imports of Numerically Controlled Sharpening Machines For Working Metal

Imports into Belarus

In 2022, approx. X units of numerically controlled sharpening machines for working metal were imported into Belarus; falling by -27.8% on the previous year's figure. Overall, imports saw a abrupt downturn. The growth pace was the most rapid in 2017 with an increase of 564%. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, numerically controlled sharpening machine imports declined sharply to $X in 2022. In general, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2014 when imports increased by 716% against the previous year. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

Russia (X units), Germany (X units) and Switzerland (X units) were the main suppliers of numerically controlled sharpening machine imports to Belarus, together accounting for 81% of total imports. Moreover, numerically controlled sharpening machine imports in Russia exceeded the figures recorded by the second-largest supplier, Germany, twofold.

From 2012 to 2022, the biggest increases were recorded for Switzerland (with a CAGR of +11.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of numerically controlled sharpening machines for working metal to Belarus, comprising 52% of total imports. The second position in the ranking was taken by Switzerland ($X), with a 25% share of total imports. It was followed by Russia, with an 18% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to -8.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+19.2% per year) and Russia (+0.5% per year).

Import Prices by Country

The average numerically controlled sharpening machine import price stood at $X per unit in 2022, growing by 10% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible decline. The pace of growth was the most pronounced in 2014 an increase of 113% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Ukraine ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+32.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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