Belarus: Market for Plastic Plates, Sheets, Film, Foil And Strip 2024

Market Size for Plastic Plates, Sheets, Film, Foil And Strip in Belarus

In 2021, the Belarusian market for plastic plates, sheets, film, foil and strip increased by 13% to $X, rising for the second consecutive year after three years of decline. Overall, consumption saw a perceptible slump. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Production of Plastic Plates, Sheets, Film, Foil And Strip in Belarus

In value terms, production of plastic plates, sheets, film, foil and strip declined slightly to $X in 2021 estimated in export price. In general, production continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2014 when the production volume increased by 18% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production of growth remained at a lower figure.

Exports of Plastic Plates, Sheets, Film, Foil And Strip

Exports from Belarus

In 2021, shipments abroad of plastic plates, sheets, film, foil and strip increased by 8% to X tons, rising for the third year in a row after two years of decline. The total export volume increased at an average annual rate of +3.7% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2016 when exports increased by 15%. The exports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, exports of plastic plates, sheets, film, foil and strip skyrocketed to $X in 2021. The total export value increased at an average annual rate of +4.1% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X tons) was the main destination for exports of plastic plates, sheets, film, foil and strip from Belarus, with a 73% share of total exports. Moreover, exports of plastic plates, sheets, film, foil and strip to Russia exceeded the volume sent to the second major destination, Ukraine (X tons), tenfold. Poland (X tons) ranked third in terms of total exports with a 4.6% share.

From 2012 to 2021, the average annual growth rate of volume to Russia amounted to +2.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+5.1% per year) and Poland (+26.7% per year).

In value terms, Russia ($X) remains the key foreign market for plastic plates, sheets, film, foil and strip exports from Belarus, comprising 73% of total exports. The second position in the ranking was taken by Ukraine ($X), with a 6.8% share of total exports. It was followed by Poland, with a 4.8% share.

From 2012 to 2021, the average annual growth rate of value to Russia totaled +2.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+6.8% per year) and Poland (+27.0% per year).

Export Prices by Country

The average export price for plastic plates, sheets, film, foil and strip stood at $X per ton in 2021, surging by 29% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, 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 ($X per ton), while the average price for exports to Moldova ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastic Plates, Sheets, Film, Foil And Strip

Imports into Belarus

In 2021, after five years of growth, there was significant decline in purchases abroad of plastic plates, sheets, film, foil and strip, when their volume decreased by -5.9% to X tons. In general, total imports indicated a tangible expansion from 2012 to 2021: its volume increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of 25% against the previous year. Over the period under review, imports of attained the peak figure at X tons in 2020, and then fell in the following year.

In value terms, imports of plastic plates, sheets, film, foil and strip soared to $X in 2021. The total import value increased at an average annual rate of +3.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Russia (X tons) constituted the largest supplier of plastic plate, sheet, film, foil and strip to Belarus, accounting for a 54% share of total imports. Moreover, imports of plastic plates, sheets, film, foil and strip from Russia exceeded the figures recorded by the second-largest supplier, Poland (X tons), fivefold. The third position in this ranking was taken by China (X tons), with a 7.7% share.

From 2012 to 2021, the average annual growth rate of volume from Russia amounted to +6.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+11.2% per year) and China (-2.7% per year).

In value terms, Russia ($X) constituted the largest supplier of plastic plates, sheets, film, foil and strip to Belarus, comprising 50% of total imports. The second position in the ranking was taken by Poland ($X), with a 13% share of total imports. It was followed by Lithuania, with a 6.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Russia stood at +3.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+10.9% per year) and Lithuania (+5.1% per year).

Import Prices by Country

The average import price for plastic plates, sheets, film, foil and strip stood at $X per ton in 2021, growing by 37% against the previous year. Over the period under review, the import price, however, continues to indicate a mild contraction. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lithuania (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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