Pumps; Parts Thereof Price in Belarus - 2022
Contents:
- Pumps; Parts Thereof Price in Belarus (CIF) - 2022
- Pumps; Parts Thereof Price in Belarus (FOB) - 2022
- Pumps; Parts Thereof Imports in Belarus
- Pumps; Parts Thereof Exports in Belarus
Pumps; Parts Thereof Price in Belarus (CIF) - 2022
In March 2022, the average pumps; parts thereof import price amounted to $23,465 per ton, increasing by 154% against the previous month. In general, the import price saw a resilient expansion. The most prominent rate of growth was recorded in May 2021 when the average import price increased by 188% m-o-m. Over the period under review, average import prices hit record highs in March 2022.
Prices varied noticeably by the country of origin: the country with the highest price was Russia ($23,928 per ton), while the price for China stood at $13,610 per ton.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Russia (+10.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Pumps; Parts Thereof Price in Belarus (FOB) - 2022
In March 2022, the average pumps; parts thereof export price amounted to $6,146 per ton, reducing by -22.8% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in December 2021 an increase of 30% m-o-m. As a result, the export price reached the peak level of $8,151 per ton. From January 2022 to March 2022, the the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In March 2022, the country with the highest price was the Czech Republic ($6,373 per ton), while the average price for exports to Russia totaled $6,099 per ton.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+2.2%), while the prices for the other major destinations experienced mixed trend patterns.
Pumps; Parts Thereof Imports in Belarus
In 2022, approx. 1.2K tons of pumps; parts thereoves were imported into Belarus; reducing by -36.1% compared with the previous year's figure. In general, imports recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 5% against the previous year.
In value terms, pumps; parts thereof imports amounted to $20M in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year.
| Import of Pumps; Parts Thereof in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 11.8 | 8.9 | 10.3 | 10.0 | -5.4% |
| Ukraine | 3.3 | 1.6 | 1.5 | 2.1 | -14.0% |
| China | 0.4 | 1.2 | 0.8 | 0.8 | 26.0% |
| Romania | N/A | N/A | 0.6 | 0.6 | 0.0% |
| Others | 4.3 | 4.6 | 5.8 | 6.0 | 11.7% |
| Total | 19.8 | 16.3 | 19.1 | 19.5 | -0.5% |
Top Suppliers of Pumps; Parts Thereof to Belarus in 2022:
- Russia (825.7 tons)
- Ukraine (261.1 tons)
- Romania (34.4 tons)
- China (33.3 tons)
Pumps; Parts Thereof Exports in Belarus
In 2022, approx. 1.7K tons of pumps; parts thereoves were exported from Belarus; increasing by 18% on the previous year's figure. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +8.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 44%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, pumps; parts thereof exports surged to $12M in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +10.3% 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 increased by +61.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 27%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.
| Export of Pumps; Parts Thereof in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 7.5 | 6.0 | 8.5 | 10.3 | 11.2% |
| Ukraine | 0.8 | 0.4 | 0.5 | 0.7 | -4.4% |
| Kazakhstan | 0.3 | 0.7 | 0.2 | 0.5 | 18.6% |
| Czech Republic | 0.1 | 0.1 | 0.3 | 0.4 | 58.7% |
| Georgia | 0.3 | N/A | N/A | 0.1 | -30.7% |
| Others | 0.2 | 0.3 | 0.2 | 0.3 | 14.5% |
| Total | 9.1 | 7.6 | 9.6 | 12.2 | 10.3% |
Top Export Markets for Pumps; Parts Thereof from Belarus in 2022:
- Russia (1399.5 tons)
- Ukraine (99.3 tons)
- Czech Republic (69.6 tons)
- Kazakhstan (39.6 tons)
- Georgia (23.2 tons)
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