Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Belarus - 2022
Contents:
- Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Belarus (CIF) - 2022
- Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Belarus (FOB) - 2022
- Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Belarus
- Exports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Belarus
Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Belarus (CIF) - 2022
In March 2022, the average import price for machines and mechanical appliances; parts, of those having individual functionses amounted to $70,190 per ton, increasing by 410% against the previous month. Overall, the import price showed buoyant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Germany ($147K per ton), while the price for China ($10,061 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Germany (+21.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Belarus (FOB) - 2022
The average export price for machines and mechanical appliances; parts, of those having individual functionses stood at $15,826 per ton in March 2022, growing by 6.6% against the previous month. Overall, export price indicated a temperate expansion from March 2021 to March 2022: its price increased at an average monthly rate of +3.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, export price for machines and mechanical appliances; parts, of those having individual functionses increased by +18.8% against January 2022 indices. The most prominent rate of growth was recorded in November 2021 an increase of 101% m-o-m. The export price peaked at $18,063 per ton in August 2021; however, from September 2021 to March 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Russia.
From March 2021 to March 2022, the rate of growth in terms of prices for Russia amounted to +3.4% per month.
Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Belarus
In 2022, imports of machines and mechanical appliances; parts, of those having individual functionses into Belarus plummeted to 331 tons, reducing by -50.3% on the year before. In general, imports saw a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 12% against the previous year. As a result, imports reached the peak of 666 tons, and then contracted dramatically in the following year.
In value terms, imports of machines and mechanical appliances; parts, of those having individual functionses fell notably to $6.3M in 2022. Overall, imports recorded a dramatic downturn. The smallest decline of -5% was in 2021.
| Import of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.7 | 7.3 | 4.5 | 2.0 | -36.2% |
| China | 0.6 | 0.6 | 0.6 | 1.4 | 32.6% |
| Turkey | 0.1 | 0.1 | 0.2 | 0.5 | 71.0% |
| Italy | 1.0 | 1.3 | 1.8 | 0.5 | -20.6% |
| Poland | 0.1 | 0.1 | 0.2 | 0.4 | 58.7% |
| Czech Republic | 0.2 | 0.2 | 0.5 | 0.2 | 0.0% |
| Lithuania | 1.0 | 0.8 | 0.9 | 0.2 | -41.5% |
| Ukraine | 0.4 | 0.3 | 0.5 | 0.1 | -37.0% |
| Russia | 1.0 | 1.6 | 1.5 | N/A | 22.5% |
| Others | 3.1 | 1.6 | 2.5 | 1.1 | -29.2% |
| Total | 15.1 | 14.0 | 13.3 | 6.3 | -25.3% |
Top Suppliers of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions to Belarus in 2022:
- China (129.7 tons)
- Turkey (48.3 tons)
- Germany (38.9 tons)
- Italy (38.1 tons)
- Poland (17.0 tons)
- Lithuania (14.6 tons)
- Czech Republic (11.1 tons)
- Ukraine (6.2 tons)
Exports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Belarus
For the third consecutive year, Belarus recorded decline in overseas shipments of machines and mechanical appliances; parts, of those having individual functionses, which decreased by -93.6% to 21 tons in 2022. Over the period under review, exports faced a dramatic shrinkage. The smallest decline of -15.9% was in 2020.
In value terms, exports of machines and mechanical appliances; parts, of those having individual functionses plummeted to $411K in 2022. In general, exports saw a significant contraction. The smallest decline of -34.4% was in 2020.
| Export of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 13.4 | 8.3 | 3.6 | 0.4 | -69.0% |
| Lithuania | 0.1 | 0.2 | N/A | N/A | 100.0% |
| Others | 0.2 | 0.4 | 0.3 | N/A | 22.5% |
| Total | 13.6 | 9.0 | 3.9 | 0.4 | -69.1% |
Top Export Markets for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions from Belarus in 2022:
- Russia (20.2 tons)
- Lithuania (0.9 tons)
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