Belarus: Swivel Seat Market 2024

Swivel Seat Market Size in Belarus

The Belarusian swivel seat market fell to $X in 2022, waning by -10.6% against the previous year. Overall, consumption continues to indicate a perceptible shrinkage. Swivel seat consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Swivel Seat Production in Belarus

In value terms, swivel seat production declined to $X in 2022 estimated in export price. Over the period under review, production showed a slight downturn. The most prominent rate of growth was recorded in 2017 when the production volume increased by 36% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Swivel Seat Exports

Exports from Belarus

In 2022, the amount of swivel seats with variable height adjustments exported from Belarus shrank to X units, falling by -7.9% compared with the year before. Over the period under review, exports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2013 when exports increased by 90%. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, swivel seat exports declined to $X in 2022. Overall, exports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2017 with an increase of 60%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Russia (X units) was the main destination for swivel seat exports from Belarus, accounting for a 91% share of total exports. Moreover, swivel seat exports to Russia exceeded the volume sent to the second major destination, Poland (X units), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Russia stood at -14.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+21.3% per year) and Kazakhstan (-15.9% per year).

In value terms, Russia ($X) remains the key foreign market for swivel seats with variable height adjustments exports from Belarus, comprising 91% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a 3.7% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Russia stood at -5.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (-5.8% per year) and Poland (+43.9% per year).

Export Prices by Country

The average swivel seat export price stood at $X per unit in 2022, approximately equating the previous year. Overall, the export price, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 87%. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then fell in the following year.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while the average price for exports to Poland ($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 Poland (+18.6%), while the prices for the other major destinations experienced more modest paces of growth.

Swivel Seat Imports

Imports into Belarus

After four years of growth, overseas purchases of swivel seats with variable height adjustments decreased by -4% to X units in 2022. Over the period under review, imports, however, posted a resilient expansion. The pace of growth appeared the most rapid in 2018 with an increase of 114%. Over the period under review, imports hit record highs at X units in 2021, and then dropped modestly in the following year.

In value terms, swivel seat imports shrank to $X in 2022. In general, imports, however, recorded a buoyant expansion. The growth pace was the most rapid in 2018 when imports increased by 89% against the previous year. Imports peaked at $X in 2021, and then reduced in the following year.

Imports by Country

Russia (X units), China (X units) and Ukraine (X units) were the main suppliers of swivel seat imports to Belarus, with a combined 84% share of total imports. Poland, Italy, the UK, South Korea and Lithuania lagged somewhat behind, together accounting for a further 11%.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +79.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), China ($X) and Ukraine ($X) constituted the largest swivel seat suppliers to Belarus, with a combined 84% share of total imports. Poland, Italy, the UK, South Korea and Lithuania lagged somewhat behind, together comprising a further 10%.

The UK, with a CAGR of +76.7%, saw the highest rates of growth with regard to the value of imports, among 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 2022, the average swivel seat import price amounted to $X per unit, with a decrease of -2.7% against the previous year. Over the period under review, the import price recorded a deep reduction. The pace of growth appeared the most rapid in 2017 when the average import price increased by 38%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Ukraine ($X per unit) and the UK ($X per unit), while the price for Italy ($X per unit) and Poland ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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