Belarus: Wheeled Loader Market 2025

Wheeled Loader Market Size in Belarus

In 2021, the Belarusian wheeled loader market increased by 8% to $X, rising for the second consecutive year after five years of decline. Overall, consumption recorded a relatively flat trend pattern. Wheeled loader consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Wheeled Loader Production in Belarus

In value terms, wheeled loader production contracted to $X in 2021 estimated in export price. In general, production recorded a abrupt descent. The most prominent rate of growth was recorded in 2017 when the production volume increased by 99%. Wheeled loader production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Wheeled Loader Exports

Exports from Belarus

In 2021, overseas shipments of wheeled loaders, crawler shovel loaders, front-end loaders increased by 17% to X units, rising for the second year in a row after two years of decline. Overall, exports, however, showed a drastic downturn. The pace of growth appeared the most rapid in 2017 when exports increased by 132% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, wheeled loader exports skyrocketed to $X in 2021. Over the period under review, exports, however, showed a abrupt decrease. The growth pace was the most rapid in 2017 with an increase of 261%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Russia (X units) was the main destination for wheeled loader exports from Belarus, accounting for a 88% share of total exports. It was followed by Kazakhstan (X units), with a 1.6% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Russia amounted to -11.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (-12.0% per year) and Egypt (-35.4% per year).

In value terms, Russia ($X) remains the key foreign market for wheeled loaders, crawler shovel loaders, front-end loaders exports from Belarus, comprising 87% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a 2% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Russia amounted to -9.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (-4.5% per year) and Egypt (-7.8% per year).

Export Prices by Country

In 2021, the average wheeled loader export price amounted to $X per unit, rising by 2.3% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2017 when the average export price increased by 56% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 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 Egypt ($X per unit), while the average price for exports to Russia ($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 Egypt (+44.1%), while the prices for the other major destinations experienced more modest paces of growth.

Wheeled Loader Imports

Imports into Belarus

In 2021, wheeled loader imports into Belarus soared to X units, with an increase of 58% on 2020 figures. Over the period under review, imports showed pronounced growth. The most prominent rate of growth was recorded in 2018 with an increase of 105% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to continue growth in years to come.

In value terms, wheeled loader imports soared to $X in 2021. Overall, imports showed a prominent expansion. The growth pace was the most rapid in 2018 when imports increased by 94% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, China (X units) constituted the largest wheeled loader supplier to Belarus, accounting for a 44% share of total imports. Moreover, wheeled loader imports from China exceeded the figures recorded by the second-largest supplier, Poland (X units), threefold. Germany (X units) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +15.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+21.0% per year) and Germany (+14.9% per year).

In value terms, China ($X) constituted the largest supplier of wheeled loaders, crawler shovel loaders, front-end loaders to Belarus, comprising 35% of total imports. The second position in the ranking was held by Germany ($X), with a 15% share of total imports. It was followed by Poland, with a 9.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +10.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+23.8% per year) and Poland (+23.1% per year).

Import Prices by Country

In 2021, the average wheeled loader import price amounted to $X per unit, surging by 17% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.0%. The pace of growth was the most pronounced in 2013 an increase of 31% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Switzerland ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+33.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :