Belarus: Spectrometers And Spectrophotometers Market 2024

Spectrometers And Spectrophotometers Market Size in Belarus

The Belarusian spectrometers and spectrophotometers market surged to $X in 2022, growing by X% 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). In general, consumption continues to indicate prominent growth. Spectrometers and spectrophotometers consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Spectrometers And Spectrophotometers Exports

Exports from Belarus

In 2022, after two years of growth, there was significant decline in shipments abroad of spectrometers and spectrophotometers, when their volume decreased by X% to X units. Over the period under review, exports, however, posted measured growth. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X units in 2021, and then reduced dramatically in the following year.

In value terms, spectrometers and spectrophotometers exports declined markedly to $X in 2022. Overall, exports, however, saw tangible growth. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Russia (X units) was the main destination for spectrometers and spectrophotometers exports from Belarus, with a X% share of total exports. Moreover, spectrometers and spectrophotometers exports to Russia exceeded the volume sent to the second major destination, France (X units), fivefold. The third position in this ranking was taken by China (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and China (X% per year).

In value terms, Russia ($X) remains the key foreign market for spectrometers and spectrophotometers exports from Belarus, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with a X% share of total exports. It was followed by China, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Russia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and China (X% per year).

Export Prices by Country

In 2022, the average spectrometers and spectrophotometers export price amounted to $X per unit, remaining relatively unchanged against the previous year. Over the period under review, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, spectrometers and spectrophotometers export price decreased by X% against 2019 indices. The growth pace was the most rapid in 2015 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($X per unit), while the average price for exports to Ukraine ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (X%), while the prices for the other major destinations experienced more modest paces of growth.

Spectrometers And Spectrophotometers Imports

Imports into Belarus

In 2022, after four years of growth, there was significant decline in purchases abroad of spectrometers and spectrophotometers, when their volume decreased by X% to X units. Overall, imports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked at X units in 2021, and then dropped in the following year.

In value terms, spectrometers and spectrophotometers imports rose remarkably to $X in 2022. Over the period under review, imports, however, posted pronounced growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Russia (X units), China (X units) and Germany (X units) were the main suppliers of spectrometers and spectrophotometers imports to Belarus, together comprising X% of total imports. The United States, Japan, the Czech Republic, France, Italy and the UK lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Japan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Russia ($X) and China ($X) were the largest spectrometers and spectrophotometers suppliers to Belarus, together comprising X% of total imports. The United States, Japan, Italy, the Czech Republic, France and the UK lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Japan, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average spectrometers and spectrophotometers import price amounted to $X per unit, growing by X% against the previous year. Overall, the import price, however, saw a pronounced decline. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per unit), while the price for Russia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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