Belarus: Plastic Bag Market 2024

Plastic Bag Market Size in Belarus

The Belarusian plastic bag market fell modestly to $X in 2022, reducing by -4.9% against the previous year. Over the period under review, consumption, however, showed a strong expansion. Plastic bag consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Plastic Bag Production in Belarus

In value terms, plastic bag production shrank to $X in 2022 estimated in export price. In general, the total production indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +5.4% against 2020 indices. The most prominent rate of growth was recorded in 2016 with an increase of 35% against the previous year. Plastic bag production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Plastic Bag Exports

Exports from Belarus

In 2022, plastic bag exports from Belarus dropped to X tons, which is down by -6.2% on the year before. In general, total exports indicated a noticeable expansion from 2012 to 2022: its volume increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -16.4% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of 47%. Over the period under review, the exports reached the peak figure at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, plastic bag exports soared to $X in 2022. Overall, exports, however, showed buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X tons) was the main destination for plastic bag exports from Belarus, accounting for a 85% share of total exports. Moreover, plastic bag exports to Russia exceeded the volume sent to the second major destination, Moldova (X tons), more than tenfold. Lithuania (X tons) ranked third in terms of total exports with a 3.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia amounted to +5.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (+76.9% per year) and Lithuania (+37.8% per year).

In value terms, Russia ($X) remains the key foreign market for plastic sacks and bags exports from Belarus, comprising 79% of total exports. The second position in the ranking was taken by Lithuania ($X), with a 5.8% share of total exports. It was followed by Ukraine, with a 5.8% share.

From 2012 to 2022, the average annual growth rate of value to Russia amounted to +8.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (+60.5% per year) and Ukraine (+17.4% per year).

Export Prices by Country

In 2022, the average plastic bag export price amounted to $X per ton, growing by 35% against the previous year. Overall, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plastic bag export price increased by +69.3% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of 48%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Russia ($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 Germany (+17.1%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Bag Imports

Imports into Belarus

In 2022, supplies from abroad of plastic sacks and bags decreased by -6.1% to X tons, falling for the second consecutive year after five years of growth. Overall, total imports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -17.2% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of 27% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, plastic bag imports expanded sharply to $X in 2022. In general, total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +5.1% 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 +104.1% against 2015 indices. The pace of growth appeared the most rapid in 2018 when imports increased by 16%. 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 plastic bag supplier to Belarus, with a 48% share of total imports. Moreover, plastic bag imports from Russia exceeded the figures recorded by the second-largest supplier, Ukraine (X tons), twofold. China (X tons) ranked third in terms of total imports with an 18% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia totaled +5.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (+10.8% per year) and China (+18.6% per year).

In value terms, Russia ($X), Ukraine ($X) and China ($X) appeared to be the largest plastic bag suppliers to Belarus, with a combined 87% share of total imports.

Ukraine, with a CAGR of +17.6%, 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

The average plastic bag import price stood at $X per ton in 2022, increasing by 19% against the previous year. In general, the import price, however, saw a mild descent. The growth pace was the most rapid in 2021 when the average import price increased by 22%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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