Belarus: Market for Table, Kitchen Or Household Articles Of Cast Iron 2025

Market Size for Table, Kitchen Or Household Articles Of Cast Iron in Belarus

For the fourth consecutive year, the Belarusian cast iron household articles market recorded growth in sales value, which increased by 45% to $X in 2022. Overall, consumption continues to indicate resilient growth. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the near future.

Production of Table, Kitchen Or Household Articles Of Cast Iron in Belarus

In value terms, cast iron household articles production declined modestly to $X in 2022 estimated in export price. In general, production continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2014 with an increase of 39%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Exports of Table, Kitchen Or Household Articles Of Cast Iron

Exports from Belarus

Cast iron household articles exports from Belarus declined remarkably to X tons in 2022, waning by -72.4% on 2021 figures. Over the period under review, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2014 with an increase of 262% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, cast iron household articles exports dropped notably to $X in 2022. In general, exports faced a abrupt contraction. The growth pace was the most rapid in 2014 with an increase of 159% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Russia (X tons) was the main destination for cast iron household articles exports from Belarus, with a 81% share of total exports. Moreover, cast iron household articles exports to Russia exceeded the volume sent to the second major destination, Lithuania (X tons), fivefold.

From 2012 to 2022, the average annual growth rate of volume to Russia amounted to -14.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (+18.1% per year) and Armenia (+26.2% per year).

In value terms, Russia ($X) remains the key foreign market for table, kitchen or household articles of cast iron exports from Belarus, comprising 87% of total exports. The second position in the ranking was held by Lithuania ($X), with an 11% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia amounted to -16.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (+7.3% per year) and Armenia (+25.1% per year).

Export Prices by Country

In 2022, the average cast iron household articles export price amounted to $X per ton, with an increase of 39% against the previous year. In general, the export price, however, recorded a pronounced decline. The pace of growth was the most pronounced in 2020 an increase of 79% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Armenia ($X per ton), while the average price for exports to Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Armenia (-0.8%), while the prices for the other major destinations experienced a decline.

Imports of Table, Kitchen Or Household Articles Of Cast Iron

Imports into Belarus

After three years of decline, purchases abroad of table, kitchen or household articles of cast iron increased by 68% to X tons in 2022. Over the period under review, imports recorded a resilient expansion. The pace of growth was the most pronounced in 2018 when imports increased by 73% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, cast iron household articles imports skyrocketed to $X in 2022. Overall, imports enjoyed resilient growth. The growth pace was the most rapid in 2018 when imports increased by 49% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

China (X tons), Ukraine (X tons) and Russia (X tons) were the main suppliers of cast iron household articles imports to Belarus, with a combined 96% share of total imports. Turkey lagged somewhat behind, comprising a further 3.7%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +117.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cast iron household articles suppliers to Belarus were Russia ($X), Ukraine ($X) and China ($X), with a combined 97% share of total imports. These countries were followed by Turkey, which accounted for a further 1.6%.

In terms of the main suppliers, Turkey, with a CAGR of +75.1%, 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 cast iron household articles import price amounted to $X per ton, falling by -24.1% against the previous year. Overall, the import price recorded a pronounced slump. The most prominent rate of growth was recorded in 2021 an increase of 52% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-1.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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