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Belarus - Pliers, Pincers and Tweezers for Nonmedical Use - Market Analysis, Forecast, Size, Trends and Insights
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Pliers And Pincers Market Size in Belarus
For the fourth year in a row, the Belarusian pliers and pincers market recorded decline in sales value, which decreased by -17.7% to $X in 2021. In general, consumption recorded a slight reduction. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.
Pliers And Pincers Exports
Exports from Belarus
In 2021, exports of pliers, pincers and tweezers for nonmedical use from Belarus surged to X tons, rising by 37% compared with the previous year's figure. Over the period under review, exports recorded a significant increase. The growth pace was the most rapid in 2016 when exports increased by 255% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.
In value terms, pliers and pincers exports skyrocketed to $X in 2021. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 63% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.
Exports by Country
Russia (X tons) was the main destination for pliers and pincers exports from Belarus, accounting for a 94% share of total exports. It was followed by Ukraine (X tons), with a 2.4% share of total exports.
From 2012 to 2021, the average annual growth rate of volume to Russia stood at +31.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+38.5% per year) and Kazakhstan (+44.2% per year).
In value terms, Russia ($X) remains the key foreign market for pliers, pincers and tweezers for nonmedical use exports from Belarus, comprising 86% of total exports. The second position in the ranking was taken by Ukraine ($X), with a 4.1% share of total exports.
From 2012 to 2021, the average annual growth rate of value to Russia amounted to +24.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+32.1% per year) and Kazakhstan (+31.6% per year).
Export Prices by Country
The average pliers and pincers export price stood at $X per ton in 2021, rising by 17% against the previous year. Overall, the export price, however, continues to indicate a deep setback. The pace of growth appeared the most rapid in 2013 an increase of 37% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to Russia ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (-4.6%), while the prices for the other major destinations experienced a decline.
Pliers And Pincers Imports
Imports into Belarus
In 2021, purchases abroad of pliers, pincers and tweezers for nonmedical use was finally on the rise to reach X tons after three years of decline. Over the period under review, imports recorded strong growth. The most prominent rate of growth was recorded in 2017 when imports increased by 130%. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports remained at a lower figure.
In value terms, pliers and pincers imports rose remarkably to $X in 2021. Overall, imports recorded a strong increase. The growth pace was the most rapid in 2017 with an increase of 63% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.
Imports by Country
In 2021, China (X tons) constituted the largest pliers and pincers supplier to Belarus, accounting for a 69% share of total imports. Moreover, pliers and pincers imports from China exceeded the figures recorded by the second-largest supplier, Russia (X tons), threefold. Taiwan (Chinese) (X tons) ranked third in terms of total imports with a 1.5% share.
From 2012 to 2021, the average annual growth rate of volume from China totaled +14.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+14.1% per year) and Taiwan (Chinese) (-4.4% per year).
In value terms, China ($X), Russia ($X) and Germany ($X) were the largest pliers and pincers suppliers to Belarus, together accounting for 88% of total imports.
In terms of the main suppliers, Russia, with a CAGR of +13.4%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average pliers and pincers import price stood at $X per ton in 2021, leveling off at the previous year. Overall, the import price, however, continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2018 an increase of 33%. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($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 Poland (+3.1%), while the prices for the other major suppliers experienced mixed trend patterns.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the pliers and pincers market in Belarus. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25733016 - Pliers, including cutting pliers, pincers and tweezers for nonmedical use and similar hand tools, of base metal
Country coverage:
- Belarus
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belarus
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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