Belarus: Electric Rotary Converter Market 2025

Electric Rotary Converter Market Size in Belarus

The Belarusian electric rotary converter market skyrocketed to $X in 2021, picking up by 74% 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 showed modest growth. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Electric Rotary Converter Exports

Exports from Belarus

Electric rotary converter exports from Belarus surged to X units in 2021, with an increase of 47% on the previous year. Overall, exports, however, recorded a abrupt curtailment. The growth pace was the most rapid in 2013 when exports increased by 335% against the previous year. As a result, the exports reached the peak of X units. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, electric rotary converter exports soared to $X in 2021. Over the period under review, exports, however, showed a mild shrinkage. The pace of growth was the most pronounced in 2016 with an increase of 557%. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X units), Kazakhstan (X units) and Bulgaria (X units) were the main destinations of electric rotary converter exports from Belarus, together comprising 84% of total exports.

From 2012 to 2021, the biggest increases were recorded for Kazakhstan (with a CAGR of +14.9%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Poland ($X) emerged as the key foreign market for electric rotary converters exports from Belarus, comprising 60% of total exports. The second position in the ranking was taken by Bulgaria ($X), with an 18% share of total exports. It was followed by Russia, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Poland amounted to +36.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (-2.2% per year) and Russia (-9.1% per year).

Export Prices by Country

The average electric rotary converter export price stood at $X per unit in 2021, stabilizing at the previous year. Overall, the export price recorded a strong expansion. The growth pace was the most rapid in 2014 an increase of 160% against the previous year. The export price peaked in 2021 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Poland ($X per unit), while the average price for exports to Russia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+27.9%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Rotary Converter Imports

Imports into Belarus

In 2021, approx. X units of electric rotary converters were imported into Belarus; picking up by 55% on 2020 figures. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when imports increased by 72% against the previous year. As a result, imports attained the peak of X units. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, electric rotary converter imports soared to $X in 2021. In general, imports showed a mild expansion. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Russia (X units) constituted the largest supplier of electric rotary converter to Belarus, accounting for a 88% share of total imports. Moreover, electric rotary converter imports from Russia exceeded the figures recorded by the second-largest supplier, Ukraine (X units), ninefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Russia stood at +4.1%.

In value terms, Russia ($X) constituted the largest supplier of electric rotary converters to Belarus, comprising 88% of total imports. The second position in the ranking was held by Ukraine ($X), with a 10% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Russia stood at +12.7%.

Import Prices by Country

In 2021, the average electric rotary converter import price amounted to $X per unit, increasing by 20% against the previous year. Overall, import price indicated a measured expansion from 2012 to 2021: its price increased at an average annual rate of +2.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the average import price increased by 67% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Ukraine ($X per unit), while the price for Russia totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+8.3%).

Source: IndexBox Platform

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