Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Belarus - 2022
Contents:
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Belarus (CIF) - 2022
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Belarus (FOB) - 2022
- Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Belarus
- Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Belarus
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Belarus (CIF) - 2022
The average import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment stood at $71 per thousand units in 2022, increasing by 17% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2017 an increase of 19% against the previous year. As a result, import price attained the peak level of $84 per thousand units. From 2018 to 2022, the average import prices remained 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 the Czech Republic ($309 per thousand units), while the price for Italy ($28 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Belarus (FOB) - 2022
In 2022, the average export price for electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to $63 per thousand units, rising by 81% against the previous year. In general, the export price posted prominent growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($115 per thousand units), while the average price for exports to Russia ($56 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+15.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Belarus
In 2022, supplies from abroad of electrical circuit prefabricated elements, connectors, contact elements and other equipment decreased by -63.8% to 180M units, falling for the second year in a row after two years of growth. In general, imports showed a precipitous setback. The growth pace was the most rapid in 2020 with an increase of 24% against the previous year. As a result, imports reached the peak of 552M units. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment fell dramatically to $13M in 2022. Overall, imports continue to indicate a sharp slump. The smallest decline of -8.5% was in 2021. Imports peaked at $36M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Belarus (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1.6 | 2.5 | 2.7 | 5.8 | 53.6% |
Poland | 3.4 | 3.7 | 3.3 | 2.3 | -12.2% |
Czech Republic | 0.5 | 0.5 | 1.1 | 1.7 | 50.4% |
Turkey | 0.4 | 0.2 | 0.4 | 1.2 | 44.2% |
Lithuania | 2.6 | 2.8 | 2.6 | 0.5 | -42.3% |
Germany | 3.0 | 3.0 | 2.6 | 0.5 | -45.0% |
Italy | 0.5 | 0.3 | 0.3 | 0.1 | -41.5% |
Russia | 20.2 | 15.1 | 13.5 | N/A | -18.2% |
Netherlands | 0.7 | 0.7 | 0.8 | N/A | 6.9% |
Others | 3.4 | 3.8 | 2.6 | 0.6 | -43.9% |
Total | 36.2 | 32.6 | 29.8 | 12.7 | -29.5% |
Top Suppliers of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment to Belarus in 2022:
- China (90.4M units)
- Turkey (37.1M units)
- Poland (28.2M units)
- Germany (7.3M units)
- Czech Republic (5.4M units)
- Italy (3.4M units)
- Lithuania (2.7M units)
Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Belarus
For the third year in a row, Belarus recorded decline in overseas shipments of electrical circuit prefabricated elements, connectors, contact elements and other equipment, which decreased by -90.9% to 21M units in 2022. Over the period under review, exports showed a dramatic decrease. The smallest decline of -1.5% was in 2021. The exports peaked at 240M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment declined notably to $1.3M in 2022. Overall, exports showed a precipitous shrinkage. The growth pace was the most rapid in 2021 with an increase of 22% against the previous year. As a result, the exports reached the peak of $8M, and then declined markedly in the following year.
Export of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Belarus (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 5.8 | 5.0 | 6.4 | 1.0 | -44.3% |
Ukraine | 0.3 | 0.4 | 0.6 | 0.1 | -30.7% |
Kazakhstan | 0.3 | 0.2 | 0.3 | N/A | 0.0% |
Lithuania | 0.2 | 0.3 | 0.1 | N/A | -29.3% |
Others | 0.7 | 0.7 | 0.7 | 0.1 | -47.7% |
Total | 7.4 | 6.6 | 8.0 | 1.3 | -44.0% |
Top Export Markets for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment from Belarus in 2022:
- Russia (18.5M units)
- Ukraine (0.9M units)
- Kazakhstan (0.4M units)
- Lithuania (0.4M units)
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