Belarus: Overhead Travelling Crane Market 2024

Overhead Travelling Crane Market Size in Belarus

The Belarusian overhead travelling crane market contracted dramatically to $X in 2022, reducing by -18.8% against the previous year. Over the period under review, consumption saw a noticeable shrinkage. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Overhead Travelling Crane Production in Belarus

In value terms, overhead travelling crane production totaled $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 328% against the previous year. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Overhead Travelling Crane Exports

Exports from Belarus

In 2022, approx. X units of overhead travelling cranes on fixed support were exported from Belarus; with an increase of 582% against the previous year. Over the period under review, exports, however, continue to indicate a pronounced setback. The pace of growth was the most pronounced in 2019 when exports increased by 3,950%. Over the period under review, the exports reached the peak figure at X units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, overhead travelling crane exports surged to $X in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by 2,700%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X units) was the main destination for overhead travelling crane exports from Belarus, with a 95% share of total exports. It was followed by Poland (X units), with a 2% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia stood at -3.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+11.6% per year) and Lithuania (-6.7% per year).

In value terms, Russia ($X) remains the key foreign market for overhead travelling cranes on fixed support exports from Belarus, comprising 73% of total exports. The second position in the ranking was taken by Poland ($X), with a 13% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia totaled -1.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+21.6% per year) and Lithuania (-12.5% per year).

Export Prices by Country

In 2022, the average overhead travelling crane export price amounted to $X per unit, shrinking by -38.9% against the previous year. Overall, the export price, however, showed a perceptible increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 61% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per unit), while the average price for exports to Russia ($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 Poland (+6.7%), while the prices for the other major destinations experienced mixed trend patterns.

Overhead Travelling Crane Imports

Imports into Belarus

In 2022, after three years of decline, there was significant growth in overseas purchases of overhead travelling cranes on fixed support, when their volume increased by 70% to X units. In general, imports, however, recorded a abrupt curtailment. The growth pace was the most rapid in 2017 when imports increased by 189% against the previous year. Imports peaked at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, overhead travelling crane imports shrank to $X in 2022. Overall, imports, however, showed a deep reduction. The growth pace was the most rapid in 2013 with an increase of 79% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Russia (X units), Estonia (X units) and the Czech Republic (X units) were the main suppliers of overhead travelling crane imports to Belarus, with a combined 65% share of total imports. Poland, Lithuania, Bulgaria and Hungary lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of +5.8%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Estonia ($X), Russia ($X) and the Czech Republic ($X) appeared to be the largest overhead travelling crane suppliers to Belarus, with a combined 51% share of total imports. Poland, Lithuania, Hungary and Bulgaria lagged somewhat behind, together comprising a further 30%.

Bulgaria, with a CAGR of +17.2%, saw the highest growth rate of the value of imports, among 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 overhead travelling crane import price amounted to $X per unit, reducing by -45.3% against the previous year. Over the period under review, the import price showed a pronounced descent. The pace of growth appeared the most rapid in 2016 when the average import price increased by 79% against the previous year. As a result, import price attained the peak level of $X per unit. From 2017 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 Poland ($X per unit), while the price for Bulgaria ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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