Belarus: Market for Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone 2024

Market Size for Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone in Belarus

In 2021, the Belarusian cement prefabricated structural components market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, showed a pronounced reduction. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone in Belarus

In value terms, cement prefabricated structural components production expanded notably to $X in 2021 estimated in export price. In general, production, however, recorded a noticeable slump. The pace of growth was the most pronounced in 2018 when the production volume increased by 32% against the previous year. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Exports of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone

Exports from Belarus

Cement prefabricated structural components exports from Belarus expanded remarkably to X tons in 2021, increasing by 8.4% against the year before. In general, exports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 221%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, cement prefabricated structural components exports surged to $X in 2021. Overall, exports showed a prominent expansion. The most prominent rate of growth was recorded in 2014 with an increase of 233%. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Russia (X tons) was the main destination for cement prefabricated structural components exports from Belarus, with a 74% share of total exports. Moreover, cement prefabricated structural components exports to Russia exceeded the volume sent to the second major destination, Lithuania (X tons), sevenfold. The third position in this ranking was held by Latvia (X tons), with a 7.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia stood at +9.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (+28.0% per year) and Latvia (+14.3% per year).

In value terms, Russia ($X) remains the key foreign market for prefabricated structural components of cement, concrete or artificial stone exports from Belarus, comprising 58% of total exports. The second position in the ranking was held by Lithuania ($X), with a 20% share of total exports. It was followed by Latvia, with a 10% share.

From 2012 to 2021, the average annual growth rate of value to Russia amounted to +3.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (+40.1% per year) and Latvia (+28.0% per year).

Export Prices by Country

In 2021, the average cement prefabricated structural components export price amounted to $X per ton, rising by 20% against the previous year. Overall, the export price, however, saw a noticeable curtailment. The pace of growth appeared the most rapid in 2018 an increase of 56% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Lithuania ($X per ton), while the average price for exports to Russia ($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 Latvia (+12.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Prefabricated Structural Components Of Cement, Concrete Or Artificial Stone

Imports into Belarus

After two years of growth, supplies from abroad of prefabricated structural components of cement, concrete or artificial stone decreased by -82.2% to X tons in 2021. Overall, imports continue to indicate a dramatic decline. The pace of growth appeared the most rapid in 2016 when imports increased by 202%. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, cement prefabricated structural components imports declined sharply to $X in 2021. In general, imports recorded a precipitous slump. The growth pace was the most rapid in 2016 with an increase of 220% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Lithuania (X tons) constituted the largest cement prefabricated structural components supplier to Belarus, accounting for a 64% share of total imports. Moreover, cement prefabricated structural components imports from Lithuania exceeded the figures recorded by the second-largest supplier, Russia (X tons), fourfold. The third position in this ranking was taken by Denmark (X tons), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Lithuania amounted to -33.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (-0.9% per year) and Denmark (-11.6% per year).

In value terms, Lithuania ($X) constituted the largest supplier of prefabricated structural components of cement, concrete or artificial stone to Belarus, comprising 57% of total imports. The second position in the ranking was held by Russia ($X), with a 21% share of total imports. It was followed by Denmark, with a 12% share.

From 2012 to 2021, the average annual growth rate of value from Lithuania amounted to -32.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (-0.6% per year) and Denmark (-12.7% per year).

Import Prices by Country

The average cement prefabricated structural components import price stood at $X per ton in 2021, jumping by 48% against the previous year. Overall, the import price continues to indicate a moderate expansion. The growth pace was the most rapid in 2019 when the average import price increased by 56% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 to 2021, the average 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 ($X per ton), while the price for Lithuania ($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 (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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