Belarus: Photo-Copying Apparatus Market 2024

Photo-Copying Apparatus Market Size in Belarus

The Belarusian photo-copying apparatus market dropped to $X in 2022, shrinking by -13.1% against the previous year. In general, consumption, however, saw a noticeable contraction. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Photo-Copying Apparatus Production in Belarus

In value terms, photo-copying apparatus production amounted to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the production volume decreased by 99.9%. Photo-copying apparatus production peaked in 2022 and is likely to see steady growth in years to come.

Photo-Copying Apparatus Exports

Exports from Belarus

In 2022, overseas shipments of photo-copying apparatus were finally on the rise to reach X units for the first time since 2018, thus ending a three-year declining trend. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of 500%. Over the period under review, the exports hit record highs at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, photo-copying apparatus exports reduced to $X in 2022. Over the period under review, exports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2015 with an increase of 841%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X units) was the main destination for photo-copying apparatus exports from Belarus, accounting for a 69% share of total exports. Moreover, photo-copying apparatus exports to Russia exceeded the volume sent to the second major destination, Lithuania (X units), eightfold. The third position in this ranking was held by Ukraine (X units), with a 6.4% share.

From 2012 to 2022, the average annual growth rate of volume to Russia totaled +30.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (+32.0% per year) and Ukraine (+28.2% per year).

In value terms, Lithuania ($X) remains the key foreign market for photo-copying apparatus exports from Belarus, comprising 62% of total exports. The second position in the ranking was held by Russia ($X), with a 22% share of total exports. It was followed by Ukraine, with an 8.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Lithuania amounted to +106.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+4.1% per year) and Ukraine (+49.7% per year).

Export Prices by Country

In 2022, the average photo-copying apparatus export price amounted to $X per unit, which is down by -22.9% against the previous year. Over the period under review, the export price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when the average export price increased by 76% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2015; however, from 2016 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 Lithuania ($X per unit), while the average price for exports to Armenia ($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 Lithuania (+56.8%), while the prices for the other major destinations experienced more modest paces of growth.

Photo-Copying Apparatus Imports

Imports into Belarus

In 2022, photo-copying apparatus imports into Belarus surged to X units, growing by 49% against 2021 figures. In general, imports posted buoyant growth. The pace of growth appeared the most rapid in 2013 when imports increased by 276%. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, photo-copying apparatus imports fell to $X in 2022. Over the period under review, imports, however, showed a noticeable reduction. The most prominent rate of growth was recorded in 2013 when imports increased by 136%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of photo-copying apparatus to Belarus, with a 54% share of total imports. Moreover, photo-copying apparatus imports from China exceeded the figures recorded by the second-largest supplier, Bulgaria (X units), fivefold. The third position in this ranking was held by Russia (X units), with a 10% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +5.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (+28.2% per year) and Russia (+6.2% per year).

In value terms, Russia ($X), Germany ($X) and Japan ($X) appeared to be the largest photo-copying apparatus suppliers to Belarus, together accounting for 48% of total imports. China, the UK, Bulgaria, Lithuania, France, Latvia and Poland lagged somewhat behind, together comprising a further 22%.

Latvia, with a CAGR of +26.6%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average photo-copying apparatus import price amounted to $X per unit, declining by -42.6% against the previous year. Over the period under review, the import price recorded a deep setback. The pace of growth was the most pronounced in 2014 when the average import price increased by 101%. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per unit), while the price for China ($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 (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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