Belarus: Market for Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber 2024

Market Size for Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber in Belarus

The Belarusian solid vulcanised rubber sheet market skyrocketed to $X in 2022, with an increase of 3,526% against the previous year. In general, consumption showed strong growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber in Belarus

In value terms, solid vulcanised rubber sheet production expanded markedly to $X in 2022 estimated in export price. Over the period under review, production posted a prominent increase. The most prominent rate of growth was recorded in 2020 with an increase of 72%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Exports of Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber

Exports from Belarus

After two years of growth, shipments abroad of plates, sheets, strips for floor covering of solid vulcanised rubber decreased by -81.8% to X tons in 2022. Overall, exports, however, showed slight growth. The pace of growth appeared the most rapid in 2015 with an increase of 63% against the previous year. The exports peaked at X tons in 2021, and then shrank sharply in the following year.

In value terms, solid vulcanised rubber sheet exports shrank rapidly to $X in 2022. In general, exports, however, continue to indicate a pronounced expansion. The pace of growth appeared the most rapid in 2017 when exports increased by 51% against the previous year. The exports peaked at $X in 2021, and then dropped markedly in the following year.

Exports by Country

Russia (X tons) was the main destination for solid vulcanised rubber sheet exports from Belarus, accounting for a 78% share of total exports. Moreover, solid vulcanised rubber sheet exports to Russia exceeded the volume sent to the second major destination, the Netherlands (X tons), sixfold. The third position in this ranking was held by Kazakhstan (X tons), with a 4.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia amounted to -1.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+407.7% per year) and Kazakhstan (+75.1% per year).

In value terms, Russia ($X) remains the key foreign market for plates, sheets, strips for floor covering of solid vulcanised rubber exports from Belarus, comprising 77% of total exports. The second position in the ranking was held by the Netherlands ($X), with an 8.7% share of total exports. It was followed by Kazakhstan, with an 8.3% share.

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: the Netherlands (+341.8% per year) and Kazakhstan (+56.8% per year).

Export Prices by Country

In 2022, the average solid vulcanised rubber sheet export price amounted to $X per ton, picking up by 55% against the previous year. Over the period under review, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The export price peaked at $X per ton in 2013; afterwards, it flattened through to 2022.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to the Netherlands ($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 Russia (+1.9%), while the prices for the other major destinations experienced a decline.

Imports of Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber

Imports into Belarus

In 2022, solid vulcanised rubber sheet imports into Belarus skyrocketed to X tons, increasing by 90% compared with the previous year. Overall, imports showed temperate growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, solid vulcanised rubber sheet imports surged to $X in 2022. Over the period under review, imports posted a pronounced increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Russia (X tons) constituted the largest supplier of solid vulcanised rubber sheet to Belarus, with a 52% share of total imports. Moreover, solid vulcanised rubber sheet imports from Russia exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was taken by Germany (X tons), with a 6.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia amounted to +7.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+14.8% per year) and Germany (-2.8% per year).

In value terms, Russia ($X) constituted the largest supplier of plates, sheets, strips for floor covering of solid vulcanised rubber to Belarus, comprising 50% of total imports. The second position in the ranking was taken by Germany ($X), with a 9.7% share of total imports. It was followed by China, with a 7.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia stood at +7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-1.0% per year) and China (+14.9% per year).

Import Prices by Country

In 2022, the average solid vulcanised rubber sheet import price amounted to $X per ton, surging by 5.5% against the previous year. Over the period under review, the import price, however, recorded a slight downturn. The most prominent rate of growth was recorded in 2020 when the average import price increased by 25%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 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 the Czech Republic ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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