Belarus: Market for PVC Floor, Wall and Ceiling Coverings 2024

Market Size for PVC Floor, Wall and Ceiling Coverings in Belarus

The Belarusian market for PVC floor, wall and ceiling coverings skyrocketed to $X in 2022, growing by 36% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, saw a noticeable descent. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Exports of PVC Floor, Wall and Ceiling Coverings

Exports from Belarus

In 2022, the amount of PVC floor, wall and ceiling coverings exported from Belarus rose slightly to X square meters, growing by 5% compared with the year before. Over the period under review, exports showed strong growth. The growth pace was the most rapid in 2016 with an increase of 194%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of PVC floor, wall and ceiling coverings skyrocketed to $X in 2022. Overall, exports enjoyed a moderate expansion. The pace of growth appeared the most rapid in 2016 when exports increased by 109% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Russia (X square meters) was the main destination for exports of PVC floor, wall and ceiling coverings from Belarus, accounting for a 95% share of total exports. Moreover, exports of PVC floor, wall and ceiling coverings to Russia exceeded the volume sent to the second major destination, Kazakhstan (X square meters), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia stood at +4.8%.

In value terms, Russia ($X) remains the key foreign market for PVC floor, wall and ceiling coverings exports from Belarus, comprising 93% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a 6.6% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia amounted to +2.7%.

Export Prices by Country

In 2022, the average export price for PVC floor, wall and ceiling coverings amounted to $X per square meter, jumping by 49% against the previous year. Over the period under review, the export price, however, saw a slight slump. The most prominent rate of growth was recorded in 2018 an increase of 88%. The export price peaked at $X per square meter in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per square meter), while the average price for exports to Russia totaled $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-2.0%).

Imports of PVC Floor, Wall and Ceiling Coverings

Imports into Belarus

In 2022, imports of PVC floor, wall and ceiling coverings into Belarus soared to X square meters, jumping by 27% compared with the previous year's figure. Over the period under review, imports, however, saw a relatively flat trend pattern. Over the period under review, imports of hit record highs at X square meters in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, imports of PVC floor, wall and ceiling coverings soared to $X in 2022. In general, imports, however, recorded a noticeable decrease. Over the period under review, imports of reached the maximum at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Russia (X square meters) constituted the largest supplier of PVC floor, wall and ceiling coverings to Belarus, accounting for a 64% share of total imports. Moreover, imports of PVC floor, wall and ceiling coverings from Russia exceeded the figures recorded by the second-largest supplier, China (X square meters), fivefold. Serbia (X square meters) ranked third in terms of total imports with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia totaled +1.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+43.0% per year) and Serbia (-12.8% per year).

In value terms, Russia ($X) constituted the largest supplier of PVC floor, wall and ceiling coverings to Belarus, comprising 62% of total imports. The second position in the ranking was held by Serbia ($X), with an 11% share of total imports. It was followed by China, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from Russia stood at -1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Serbia (-12.4% per year) and China (+34.4% per year).

Import Prices by Country

The average import price for PVC floor, wall and ceiling coverings stood at $X per square meter in 2022, with an increase of 4.8% against the previous year. Over the period under review, the import price, however, recorded a perceptible reduction. The pace of growth appeared the most rapid in 2017 an increase of 11%. The import price peaked at $X per square meter 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 Hungary ($X per square meter), while the price for Turkey ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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