Report Update Nov 1, 2024

Belarus - Radio Receivers - Market Analysis, Forecast, Size, Trends and Insights

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Belarus: Radio Receiver Market 2024

Radio Receiver Market Size in Belarus

The Belarusian radio receiver market reduced slightly to $X in 2022, declining by -4.3% against the previous year. In general, consumption enjoyed a perceptible expansion. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Radio Receiver Production in Belarus

In value terms, radio receiver production reduced to $X in 2022 estimated in export price. In general, production posted a strong expansion. The most prominent rate of growth was recorded in 2016 when the production volume increased by 86%. Radio receiver production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Radio Receiver Exports

Exports from Belarus

In 2022, overseas shipments of radio receivers increased by 75% to X units, rising for the third year in a row after two years of decline. In general, exports showed a significant increase. The growth pace was the most rapid in 2016 with an increase of 2,025% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, radio receiver exports skyrocketed to $X in 2022. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of 2,238%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Russia (X units) was the main destination for radio receiver exports from Belarus, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Russia totaled +63.0%.

In value terms, Russia ($X) also remains the key foreign market for radio receivers exports from Belarus.

From 2012 to 2022, the average annual growth rate of value to Russia amounted to +46.6%.

Export Prices by Country

The average radio receiver export price stood at $X per unit in 2022, jumping by 25% against the previous year. In general, the export price, however, continues to indicate a abrupt downturn. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -10.1% per year.

Radio Receiver Imports

Imports into Belarus

For the fourth consecutive year, Belarus recorded growth in purchases abroad of radio receivers, which increased by 14% to X units in 2022. In general, imports saw strong growth. The growth pace was the most rapid in 2017 with an increase of 106% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, radio receiver imports dropped to $X in 2022. Over the period under review, imports enjoyed modest growth. The most prominent rate of growth was recorded in 2017 with an increase of 72% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest radio receiver supplier to Belarus, accounting for a 81% share of total imports. Moreover, radio receiver imports from China exceeded the figures recorded by the second-largest supplier, Russia (X units), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +18.8%.

In value terms, China ($X) and Russia ($X) constituted the largest radio receiver suppliers to Belarus.

Among the main suppliers, China, with a CAGR of +10.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2022, the average radio receiver import price amounted to $X per unit, reducing by -12.4% against the previous year. Over the period under review, the import price continues to indicate a drastic downturn. The growth pace was the most rapid in 2018 an increase of 28%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Russia ($X per unit), while the price for China totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-7.1%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for radio receivers in the world?

China constituted the country with the largest volume of radio receiver consumption, accounting for 49% of total volume. Moreover, radio receiver consumption in China exceeded the figures recorded by the second-largest consumer, the United States, sixfold. South Africa ranked third in terms of total consumption with a 6.8% share.

What are the largest producers of radio receivers in the world?

China constituted the country with the largest volume of radio receiver production, accounting for 80% of total volume. It was followed by Indonesia, with a 2.5% share of total production.

What are the leading suppliers of radio receivers to Belarus?

In value terms, the largest radio receiver suppliers to Belarus were China and Russia.

What are the leading importers of radio receivers from Belarus?

In value terms, Russia remains the key foreign market for radio receiver exports from Belarus, comprising 97% of total exports. The second position in the ranking was occupied by Lithuania, with a 1.7% share of total exports.

What is the average export price for radio receivers in Belarus?

The average radio receiver export price stood at $20 per unit in 2021, dropping by -23.7% against the previous year.

What is the average import price for radio receivers in Belarus?

The average radio receiver import price stood at $26 per unit in 2021, falling by -9.3% against the previous year.

This report provides an in-depth analysis of the radio receiver 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 26401100 - Radio broadcast receivers (except for cars), capable of operating without an external source of power
Prodcom 26401270 - Radio receivers for motor vehicles with sound recording or reproducing apparatus
Prodcom 26401290 - Radio receivers for motor vehicles, n.e.c.

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023