Belarus - Cards Incorporating A Magnetic Stripe - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBelarus: Magnetic Card Market 2024
Magnetic Card Market Size in Belarus
The Belarusian magnetic card market dropped to $X in 2022, declining by X% against the previous year. In general, consumption showed a deep reduction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.
Magnetic Card Production in Belarus
In value terms, magnetic card production declined slightly to $X in 2022 estimated in export price. Over the period under review, production faced a deep reduction. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. Magnetic card production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.
Magnetic Card Exports
Exports from Belarus
After four years of decline, shipments abroad of cards incorporating a magnetic stripe increased by X% to X units in 2022. In general, exports, however, recorded a dramatic descent. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports remained at a lower figure.
In value terms, magnetic card exports skyrocketed to $X in 2022. Over the period under review, exports, however, recorded a sharp shrinkage. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.
Exports by Country
Russia (X units) was the main destination for magnetic card exports from Belarus, accounting for a X% share of total exports. Moreover, magnetic card exports to Russia exceeded the volume sent to the second major destination, Georgia (X units), threefold.
From 2012 to 2022, the average annual growth rate of volume to Russia stood at X%.
In value terms, Georgia ($X) remains the key foreign market for cards incorporating a magnetic stripe exports from Belarus, comprising X% of total exports. The second position in the ranking was taken by Russia ($X), with a X% share of total exports.
From 2012 to 2022, the average annual rate of growth in terms of value to Georgia totaled X%.
Export Prices by Country
In 2022, the average magnetic card export price amounted to $X per unit, with an increase of X% against the previous year. In general, the export price, however, saw a pronounced reduction. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Georgia ($X per unit), while the average price for exports to Russia stood at $X per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (X.2%), while the prices for the other major destinations experienced mixed trend patterns.
Magnetic Card Imports
Imports into Belarus
In 2022, the amount of cards incorporating a magnetic stripe imported into Belarus shrank dramatically to X units, waning by X% compared with 2021 figures. Overall, imports recorded a pronounced reduction. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X units, and then declined remarkably in the following year.
In value terms, magnetic card imports shrank significantly to $X in 2022. In general, imports showed a deep setback. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.
Imports by Country
In 2022, Russia (X units) was the main supplier of magnetic card to Belarus, with a X% share of total imports. It was followed by France (X units), with a X% share of total imports.
From 2012 to 2022, the average annual growth rate of volume from Russia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Ukraine (X% per year).
In value terms, Russia ($X) constituted the largest supplier of cards incorporating a magnetic stripe to Belarus, comprising X% of total imports. The second position in the ranking was held by France ($X), with a X% share of total imports.
From 2012 to 2022, the average annual rate of growth in terms of value from Russia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Ukraine (X% per year).
Import Prices by Country
In 2022, the average magnetic card import price amounted to $X per unit, waning by X% against the previous year. Over the period under review, the import price faced a abrupt setback. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2017 to 2022, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per unit), while the price for Ukraine (less than $X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced a decline.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the magnetic card market 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 26801400 - Cards incorporating a magnetic stripe
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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