Belarus: Pneumatic Elevator Market 2024

Pneumatic Elevator Market Size in Belarus

The Belarusian pneumatic elevator market contracted slightly to $X in 2022, remaining stable against the previous year. Overall, the total consumption indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -30.2% against 2018 indices. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Pneumatic Elevator Production in Belarus

In value terms, pneumatic elevator production rose markedly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a strong increase. The growth pace was the most rapid in 2017 when the production volume increased by 61%. Pneumatic elevator production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Pneumatic Elevator Exports

Exports from Belarus

In 2022, approx. X units of pneumatic elevators and conveyors were exported from Belarus; surging by 13% compared with the year before. Overall, exports showed a strong increase. The most prominent rate of growth was recorded in 2017 with an increase of 333% against the previous year. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, pneumatic elevator exports declined remarkably to $X in 2022. Over the period under review, exports, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2017 with an increase of 2,117%. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Ukraine (X units) was the main destination for pneumatic elevator exports from Belarus, with a 77% share of total exports. Moreover, pneumatic elevator exports to Ukraine exceeded the volume sent to the second major destination, Russia (X units), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ukraine totaled +31.4%.

In value terms, Russia ($X) remains the key foreign market for pneumatic elevators and conveyors exports from Belarus, comprising 75% of total exports. The second position in the ranking was held by Ukraine ($X), with a 25% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Russia stood at -8.5%.

Export Prices by Country

The average pneumatic elevator export price stood at $X per unit in 2022, with a decrease of -67.3% against the previous year. Over the period under review, the export price saw a deep contraction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 412%. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Ukraine totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+25.9%), while the prices for the other major destinations experienced a decline.

Pneumatic Elevator Imports

Imports into Belarus

In 2022, overseas purchases of pneumatic elevators and conveyors decreased by -55.3% to X units, falling for the fourth year in a row after two years of growth. In general, imports showed a abrupt decrease. The growth pace was the most rapid in 2018 with an increase of 273% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, pneumatic elevator imports contracted notably to $X in 2022. Overall, imports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2018 when imports increased by 209% against the previous year. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Russia (X units), China (X units) and Poland (X units) were the main suppliers of pneumatic elevator imports to Belarus, with a combined 74% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of -5.1%), while purchases for the other leaders experienced a decline.

In value terms, Italy ($X) constituted the largest supplier of pneumatic elevators and conveyors to Belarus, comprising 61% of total imports. The second position in the ranking was held by Russia ($X), with a 16% share of total imports. It was followed by China, with a 9.5% share.

From 2012 to 2022, the average annual growth rate of value from Italy amounted to -7.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (-22.3% per year) and China (+3.0% per year).

Import Prices by Country

The average pneumatic elevator import price stood at $X per unit in 2022, falling by -17.6% against the previous year. Overall, the import price saw a noticeable reduction. The most prominent rate of growth was recorded in 2016 when the average import price increased by 106% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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