Belarus: Market for Straw Or Fodder Balers, Including Pickup Balers 2024

Market Size for Straw Or Fodder Balers, Including Pickup Balers in Belarus

The Belarusian straw for fodder balers market fell significantly to $X in 2021, declining by -75.9% against the previous year. Overall, consumption showed a abrupt slump. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Production of Straw Or Fodder Balers, Including Pickup Balers in Belarus

In value terms, straw for fodder balers production fell slightly to $X in 2021 estimated in export price. In general, production saw a deep reduction. The most prominent rate of growth was recorded in 2019 when the production volume increased by 68% against the previous year. Straw for fodder balers production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Straw Or Fodder Balers, Including Pickup Balers

Exports from Belarus

In 2021, overseas shipments of straw or fodder balers, including pickup balers increased by 5.6% to X units, rising for the third consecutive year after two years of decline. In general, total exports indicated a tangible expansion from 2012 to 2021: its volume increased at an average annual rate of +2.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +98.7% against 2018 indices. The pace of growth appeared the most rapid in 2019 with an increase of 47% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to see steady growth in the immediate term.

In value terms, straw for fodder balers exports skyrocketed to $X in 2021. Over the period under review, exports, however, showed a abrupt contraction. The growth pace was the most rapid in 2019 with an increase of 31% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X units) was the main destination for straw for fodder balers exports from Belarus, with a 82% share of total exports. Moreover, straw for fodder balers exports to Russia exceeded the volume sent to the second major destination, Kazakhstan (X units), fivefold.

From 2012 to 2021, the average annual growth rate of volume to Russia totaled +3.3%.

In value terms, Russia ($X) remains the key foreign market for straw or fodder balers, including pickup balers exports from Belarus, comprising 70% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a 24% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Russia totaled -5.1%.

Export Prices by Country

The average straw for fodder balers export price stood at $X per unit in 2021, growing by 17% against the previous year. In general, the export price, however, showed a abrupt decrease. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while the average price for exports to Russia totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (-3.4%).

Imports of Straw Or Fodder Balers, Including Pickup Balers

Imports into Belarus

In 2021, straw for fodder balers imports into Belarus expanded slightly to X units, increasing by 3.4% on 2020 figures. Overall, imports recorded a strong expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 125% against the previous year. Imports peaked in 2021 and are likely to continue growth in the near future.

In value terms, straw for fodder balers imports fell modestly to $X in 2021. In general, imports continue to indicate strong growth. The pace of growth appeared the most rapid in 2017 when imports increased by 290%. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

France (X units), Poland (X units) and Germany (X units) were the main suppliers of straw for fodder balers imports to Belarus, with a combined 85% share of total imports. These countries were followed by Italy, the United States, Hungary, Ireland, Russia and the Netherlands, which together accounted for a further 14%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +50.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Poland ($X) were the largest straw for fodder balers suppliers to Belarus, with a combined 70% share of total imports. These countries were followed by Italy, Ireland, Hungary, Russia, the United States and the Netherlands, which together accounted for a further 26%.

Hungary, with a CAGR of +48.0%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average straw for fodder balers import price amounted to $X per unit, with a decrease of -6.6% against the previous year. Overall, the import price showed a abrupt decline. The most prominent rate of growth was recorded in 2017 when the average import price increased by 73%. Over the period under review, average import prices reached the maximum at $X per unit in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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