Belarus: Laundry Machine Market 2024

Laundry Machine Market Size in Belarus

In 2021, the Belarusian laundry machine market increased by 18% to $X, rising for the second consecutive year after four years of decline. In general, consumption, however, showed a tangible increase. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Laundry Machine Exports

Exports from Belarus

In 2021, after two years of decline, there was significant growth in overseas shipments of washing, bleaching or dyeing machines, when their volume increased by 200% to X units. Overall, exports showed significant growth. The growth pace was the most rapid in 2014 with an increase of 2,720% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, laundry machine exports skyrocketed to $X in 2021. Over the period under review, exports posted significant growth. The growth pace was the most rapid in 2014 with an increase of 2,426%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Russia (X units) was the main destination for laundry machine exports from Belarus, with a 81% share of total exports. Moreover, laundry machine exports to Russia exceeded the volume sent to the second major destination, Lithuania (X units), sixfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia stood at +41.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (+3.2% per year) and Italy (0.0% per year).

In value terms, Russia ($X) remains the key foreign market for washing, bleaching or dyeing machines exports from Belarus, comprising 86% of total exports. The second position in the ranking was taken by Italy ($X), with an 8.5% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Russia stood at +28.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+23.4% per year) and Lithuania (-4.8% per year).

Export Prices by Country

In 2021, the average laundry machine export price amounted to $X per unit, picking up by 15% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 114% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Italy ($X per unit), while the average price for exports to Lithuania ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+62.8%), while the prices for the other major destinations experienced mixed trend patterns.

Laundry Machine Imports

Imports into Belarus

In 2021, laundry machine imports into Belarus reduced modestly to X units, with a decrease of -4.2% compared with the previous year's figure. In general, imports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 422% against the previous year. Imports peaked at X units in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, laundry machine imports skyrocketed to $X in 2021. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 304% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Poland (X units), Italy (X units) and Germany (X units) were the main suppliers of laundry machine imports to Belarus, with a combined 54% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +26.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest laundry machine suppliers to Belarus were the Czech Republic ($X), Italy ($X) and Germany ($X), together accounting for 66% of total imports. These countries were followed by Turkey, Switzerland, Lithuania, Poland and the Netherlands, which together accounted for a further 3.4%.

Lithuania, with a CAGR of +23.7%, 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

The average laundry machine import price stood at $X per unit in 2021, with an increase of 80% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2016 an increase of 119%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the Czech Republic ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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