Belarus - Machines For Balancing Mechanical Parts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Balancing Mechanical Parts Machine in Belarus - 2022
Contents:
- Price for Balancing Mechanical Parts Machine in Belarus (CIF) - 2022
- Price for Balancing Mechanical Parts Machine in Belarus (FOB) - 2022
- Imports of Balancing Mechanical Parts Machine in Belarus
- Exports of Balancing Mechanical Parts Machine in Belarus
Price for Balancing Mechanical Parts Machine in Belarus (CIF) - 2022
The average balancing mechanical parts machine import price stood at $1,272 per unit in 2022, dropping by -16.1% against the previous year. Overall, the import price recorded a perceptible decrease. The pace of growth was the most pronounced in 2013 when the average import price increased by 30%. As a result, import price attained the peak level of $2,186 per unit. From 2014 to 2022, the average import prices remained at a 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 Germany ($5,233 per unit), while the price for China ($453 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Balancing Mechanical Parts Machine in Belarus (FOB) - 2022
The average balancing mechanical parts machine export price stood at $919 per unit in 2022, declining by -36.1% against the previous year. Over the period under review, the export price showed a deep setback. The pace of growth was the most pronounced in 2016 when the average export price increased by 46%. As a result, the export price reached the peak level of $3,383 per unit. From 2017 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($4,096 per unit), while the average price for exports to Russia ($542 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 Georgia (+34.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Balancing Mechanical Parts Machine in Belarus
In 2022, the amount of machines for balancing mechanical parts imported into Belarus dropped sharply to 265 units, shrinking by -52.7% on the previous year's figure. Over the period under review, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 18% against the previous year. As a result, imports attained the peak of 560 units, and then reduced dramatically in the following year.
In value terms, balancing mechanical parts machine imports fell sharply to $337K in 2022. In general, imports faced a precipitous setback. The pace of growth appeared the most rapid in 2021 with an increase of 9.2%. As a result, imports attained the peak of $850K, and then fell sharply in the following year.
Import of Balancing Mechanical Parts Machine in Belarus (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 469 | 384 | 607 | 212 | -23.3% |
United States | 3.9 | 25.8 | 127 | 44.4 | 125.0% |
Italy | 142 | 107 | 49.9 | 34.4 | -37.7% |
China | 37.5 | 230 | 16.0 | 32.5 | -4.7% |
Ukraine | 44.1 | 21.5 | 17.7 | 9.6 | -39.8% |
Others | 25.6 | 9.2 | 32.2 | 4.2 | -45.3% |
Total | 723 | 778 | 850 | 337 | -22.5% |
Top Suppliers of Balancing Mechanical Parts Machine to Belarus in 2022:
- Russia (161.0 units)
- China (72.0 units)
- United States (14.0 units)
- Italy (11.0 units)
- Ukraine (6.0 units)
Exports of Balancing Mechanical Parts Machine in Belarus
Balancing mechanical parts machine exports from Belarus surged to 67 units in 2022, increasing by 91% compared with 2021 figures. Overall, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, balancing mechanical parts machine exports skyrocketed to $62K in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +6.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -15.4% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 43%. As a result, the exports attained the peak of $73K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Balancing Mechanical Parts Machine in Belarus (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 23.0 | 25.3 | 14.9 | 31.1 | 10.6% |
Lithuania | 20.6 | 22.0 | 10.7 | 26.2 | 8.3% |
Georgia | 0.8 | 2.0 | 2.0 | 3.0 | 55.4% |
Kazakhstan | 0.5 | 1.4 | 0.9 | 1.4 | 40.9% |
United States | N/A | 9.5 | 8.3 | N/A | -12.6% |
Ukraine | 5.6 | N/A | N/A | N/A | 0% |
Others | 0.4 | 12.6 | 13.7 | N/A | 485.2% |
Total | 50.9 | 72.8 | 50.4 | 61.6 | 6.6% |
Top Export Markets for Balancing Mechanical Parts Machine from Belarus in 2022:
- Russia (57.0 units)
- Lithuania (6.0 units)
- Georgia (2.0 units)
- Kazakhstan (1.0 units)
This report provides an in-depth analysis of the market for balancing mechanical parts machine in Belarus. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28993970 - Machines for balancing mechanical parts
Country coverage:
- Belarus
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belarus
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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