Price for Navigational Instruments and Appliances; Parts and Accessories in Belarus - 2022
Contents:
- Price for Navigational Instruments and Appliances; Parts and Accessories in Belarus (CIF) - 2022
- Price for Navigational Instruments and Appliances; Parts and Accessories in Belarus (FOB) - 2022
- Imports of Navigational Instruments and Appliances; Parts and Accessories in Belarus
- Exports of Navigational Instruments and Appliances; Parts and Accessories in Belarus
Price for Navigational Instruments and Appliances; Parts and Accessories in Belarus (CIF) - 2022
In 2022, the average import price for navigational instruments and appliances; parts and accessorieses amounted to $1,153,916 per ton, picking up by 2.4% against the previous year. Overall, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for navigational instruments and appliances; parts and accessorieses increased by +81.1% against 2018 indices. The growth pace was the most rapid in 2021 when the average import price increased by 27% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
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 Russia ($4,127,062 per ton), while the price for Mexico ($36,928 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+22.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Navigational Instruments and Appliances; Parts and Accessories in Belarus (FOB) - 2022
In 2022, the average export price for navigational instruments and appliances; parts and accessorieses amounted to $170,809 per ton, surging by 23% against the previous year. In general, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for navigational instruments and appliances; parts and accessorieses increased by +196.1% against 2016 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 75% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +2.0% per year.
Imports of Navigational Instruments and Appliances; Parts and Accessories in Belarus
In 2022, imports of navigational instruments and appliances; parts and accessorieses into Belarus rose remarkably to 5.4 tons, with an increase of 6.2% compared with the previous year's figure. In general, imports enjoyed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 124%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, imports of navigational instruments and appliances; parts and accessorieses expanded markedly to $6.2M in 2022. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 184%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the near future.
| Import of Navigational Instruments and Appliances; Parts and Accessories in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1,251 | 1,229 | 3,935 | 4,688 | 55.3% |
| Ukraine | 505 | 597 | 874 | 1,244 | 35.1% |
| Germany | 1.3 | 2.0 | 105 | 125 | 358.1% |
| Canada | 28.5 | 25.2 | 19.3 | 33.3 | 5.3% |
| Taiwan (Chinese) | 4.5 | 12.5 | 12.9 | 15.4 | 50.7% |
| United Kingdom | 5.5 | 10.8 | 11.8 | 12.5 | 31.5% |
| Mexico | 0.6 | 6.1 | 7.7 | 9.2 | 148.4% |
| China | 31.9 | 29.3 | 693 | 7.3 | -38.8% |
| Others | 47.5 | 103 | 63.5 | 87.7 | 22.7% |
| Total | 1,875 | 2,015 | 5,723 | 6,223 | 49.2% |
Top Suppliers of Navigational Instruments and Appliances; Parts and Accessories to Belarus in 2022:
- Ukraine (3253.0 kg)
- Russia (1136.0 kg)
- Mexico (250.0 kg)
- United Kingdom (205.0 kg)
- Taiwan (Chinese) (154.0 kg)
- Germany (125.0 kg)
- Canada (90.0 kg)
- China (18.0 kg)
Exports of Navigational Instruments and Appliances; Parts and Accessories in Belarus
In 2022, overseas shipments of navigational instruments and appliances; parts and accessorieses decreased by -59.4% to 2 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a dramatic downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 85% against the previous year. As a result, the exports attained the peak of 15 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of navigational instruments and appliances; parts and accessorieses declined dramatically to $344K in 2022. In general, exports showed a sharp contraction. The most prominent rate of growth was recorded in 2020 with an increase of 86% against the previous year. As a result, the exports reached the peak of $2M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Navigational Instruments and Appliances; Parts and Accessories in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1,060 | 1,851 | 659 | 344 | -31.3% |
| Others | 8.1 | 132 | 29.1 | 0.4 | -63.3% |
| Total | 1,068 | 1,983 | 688 | 344 | -31.5% |
Top Export Markets for Navigational Instruments and Appliances; Parts and Accessories from Belarus in 2022:
- Russia (2.0 tons)
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