Belarus: Plastic Box Market 2024

Plastic Box Market Size in Belarus

In 2022, the Belarusian plastic box market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. The market value increased at an average annual rate of +3.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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.

Plastic Box Production in Belarus

In value terms, plastic box production shrank to $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by 21% against the previous year. Plastic box production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Plastic Box Exports

Exports from Belarus

After two years of growth, overseas shipments of plastic boxes, cases, crates and similar packing articles decreased by -11.5% to X tons in 2022. The total export volume increased at an average annual rate of +1.3% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 30% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, plastic box exports rose markedly to $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 39% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Russia (X tons) was the main destination for plastic box exports from Belarus, with a 92% share of total exports. It was followed by Kazakhstan (X tons), with a 2.9% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Russia amounted to +1.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (-7.4% per year) and Ukraine (+1.3% per year).

In value terms, Russia ($X) remains the key foreign market for plastic boxes, cases, crates and similar packing articles exports from Belarus, comprising 90% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a 3.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (-6.2% per year) and Ukraine (+1.9% per year).

Export Prices by Country

The average plastic box export price stood at $X per ton in 2022, picking up by 20% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 27% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+1.3%), while the prices for the other major destinations experienced mixed trend patterns.

Plastic Box Imports

Imports into Belarus

Plastic box imports into Belarus expanded modestly to X tons in 2022, with an increase of 2% against 2021. In general, imports enjoyed a resilient expansion. The pace of growth was the most pronounced in 2013 with an increase of 123% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, plastic box imports surged to $X in 2022. Over the period under review, total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +9.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +37.5% against 2020 indices. The growth pace was the most rapid in 2013 when imports increased by 58% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Russia (X tons) constituted the largest supplier of plastic box to Belarus, with a 63% share of total imports. Moreover, plastic box imports from Russia exceeded the figures recorded by the second-largest supplier, Ukraine (X tons), fourfold. Poland (X tons) ranked third in terms of total imports with a 10% share.

From 2012 to 2022, the average annual growth rate of volume from Russia totaled +18.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (+13.1% per year) and Poland (+2.9% per year).

In value terms, Russia ($X) constituted the largest supplier of plastic boxes, cases, crates and similar packing articles to Belarus, comprising 66% of total imports. The second position in the ranking was held by Ukraine ($X), with a 10% share of total imports. It was followed by Poland, with an 8.3% share.

From 2012 to 2022, the average annual growth rate of value from Russia amounted to +16.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (+6.4% per year) and Poland (+0.2% per year).

Import Prices by Country

The average plastic box import price stood at $X per ton in 2022, rising by 16% against the previous year. Overall, the import price, however, recorded a noticeable reduction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 19%. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Spain ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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