Belarus: Non-Reinforced Rubber Tubing Market 2024

Non-Reinforced Rubber Tubing Market Size in Belarus

In 2021, the Belarusian non-reinforced rubber tubing market increased by 0.3% to $X, rising for the third consecutive year after two years of decline. Over the period under review, the total consumption indicated modest growth from 2012 to 2021: its value increased at an average annual rate of +1.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +66.8% against 2018 indices. Over the period under review, the market reached the peak level in 2021 and is expected to retain growth in the immediate term.

Non-Reinforced Rubber Tubing Production in Belarus

In value terms, non-reinforced rubber tubing production reduced to $X in 2021 estimated in export price. Over the period under review, the total production indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +3.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +20.2% against 2016 indices. The pace of growth appeared the most rapid in 2016 when the production volume increased by 27% against the previous year. Over the period under review, production reached the maximum level at $X in 2020, and then reduced in the following year.

Non-Reinforced Rubber Tubing Exports

Exports from Belarus

In 2021, shipments abroad of rubber tubing not reinforced decreased by -58.5% to X tons, falling for the second year in a row after three years of growth. Overall, exports saw a pronounced contraction. The pace of growth appeared the most rapid in 2018 when exports increased by 297% against the previous year. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, non-reinforced rubber tubing exports declined rapidly to $X in 2021. In general, exports recorded a noticeable decline. The pace of growth was the most pronounced in 2018 when exports increased by 206%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Russia (X tons) was the main destination for non-reinforced rubber tubing exports from Belarus, with a 89% share of total exports. Moreover, non-reinforced rubber tubing exports to Russia exceeded the volume sent to the second major destination, Ukraine (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Russia amounted to -5.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+25.5% per year) and Kazakhstan (-10.0% per year).

In value terms, Russia ($X) remains the key foreign market for rubber tubing not reinforced exports from Belarus, comprising 75% of total exports. The second position in the ranking was held by Ukraine ($X), with an 8.4% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Russia amounted to -2.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+16.7% per year) and Kazakhstan (-10.5% per year).

Export Prices by Country

In 2021, the average non-reinforced rubber tubing export price amounted to $X per ton, picking up by 83% against the previous year. Overall, the export price continues to indicate perceptible growth. The pace of growth was the most pronounced in 2016 an increase of 95%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Russia ($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 Russia (+2.6%), while the prices for the other major destinations experienced a decline.

Non-Reinforced Rubber Tubing Imports

Imports into Belarus

In 2021, supplies from abroad of rubber tubing not reinforced decreased by -17.1% to X tons for the first time since 2017, thus ending a three-year rising trend. Over the period under review, imports saw a deep downturn. The most prominent rate of growth was recorded in 2018 when imports increased by 32%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, non-reinforced rubber tubing imports rose to $X in 2021. Overall, imports saw a perceptible decrease. The pace of growth was the most pronounced in 2018 when imports increased by 25% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Russia (X tons), China (X tons) and Italy (X tons) were the main suppliers of non-reinforced rubber tubing imports to Belarus, with a combined 71% share of total imports. These countries were followed by Ukraine, Germany, Poland, the United States, Lithuania and Turkey, which together accounted for a further 21%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +36.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constituted the largest supplier of rubber tubing not reinforced to Belarus, comprising 39% of total imports. The second position in the ranking was taken by Italy ($X), with a 14% share of total imports. It was followed by China, with an 8.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Russia amounted to -8.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+18.3% per year) and China (+9.7% per year).

Import Prices by Country

The average non-reinforced rubber tubing import price stood at $X per ton in 2021, with an increase of 24% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.4%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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