Belarus - Conveyor Or Transmission Belts Or Belting - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Belarus - Conveyor Or Transmission Belts Or Belting - Market Analysis, Forecast, Size, Trends and Insights

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Price for Conveyor or Transmission Belt in Belarus - 2022

Contents:

  1. Price for Conveyor or Transmission Belt in Belarus (CIF) - 2022
  2. Price for Conveyor or Transmission Belt in Belarus (FOB) - 2022
  3. Imports of Conveyor or Transmission Belt in Belarus
  4. Exports of Conveyor or Transmission Belt in Belarus

Price for Conveyor or Transmission Belt in Belarus (CIF) - 2022

In March 2022, the average conveyor or transmission belt import price amounted to $4,498 per ton, dropping by -47% against the previous month. Over the period under review, the import price faced a abrupt slump. The growth pace was the most rapid in November 2021 an increase of 63% m-o-m. Over the period under review, average import prices hit record highs at $21,940 per ton in March 2021; however, from April 2021 to March 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Germany ($40,272 per ton), while the price for China ($3,194 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 (+3.1%), while the prices for the other major suppliers experienced a decline.

Price for Conveyor or Transmission Belt in Belarus (FOB) - 2022

The average conveyor or transmission belt export price stood at $21,285 per ton in March 2022, growing by 41% against the previous month. In general, export price indicated tangible growth from March 2021 to March 2022: its price increased at an average monthly rate of +2.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, conveyor or transmission belt export price increased by +40.8% against February 2022 indices. The growth pace was the most rapid in October 2021 when the average export price increased by 54% month-to-month. The export price peaked in March 2022.

Prices varied noticeably by the country of destination: the country with the highest price was Lithuania ($70,189 per ton), while the average price for exports to Russia ($18,451 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Conveyor or Transmission Belt in Belarus

In 2022, overseas purchases of conveyor or transmission belts or belting decreased by -11.1% to 3.6K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2020 when imports increased by 15% against the previous year. As a result, imports attained the peak of 5.9K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, conveyor or transmission belt imports fell remarkably to $21M in 2022. In general, imports showed a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 4.9% against the previous year.

Import of Conveyor or Transmission Belt in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia15.214.614.110.6-11.3%
Italy1.81.72.51.91.8%
Germany2.72.12.41.8-12.6%
China3.02.22.21.8-15.7%
Poland2.21.11.41.1-20.6%
Others4.24.04.33.5-5.9%
Total29.125.727.020.7-10.7%

Top Suppliers of Conveyor or Transmission Belt to Belarus in 2022:

  1. Russia (2627.3 tons)
  2. China (507.3 tons)
  3. Italy (93.1 tons)
  4. Poland (69.4 tons)
  5. Germany (66.4 tons)

Exports of Conveyor or Transmission Belt in Belarus

For the third year in a row, Belarus recorded decline in shipments abroad of conveyor or transmission belts or belting, which decreased by -24% to 286 tons in 2022. Overall, exports continue to indicate a abrupt curtailment. The smallest decline of -9.4% was in 2021.

In value terms, conveyor or transmission belt exports fell slightly to $5.1M in 2022. The total export value increased at an average annual rate of +6.3% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 20% against the previous year. As a result, the exports reached the peak of $5.4M, and then shrank in the following year.

Export of Conveyor or Transmission Belt in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia3.33.54.44.17.5%
Ukraine0.30.30.40.410.1%
Lithuania0.40.40.20.3-9.1%
Kazakhstan0.10.20.30.344.2%
Others0.10.10.10.10.0%
Total4.34.55.45.15.9%

Top Export Markets for Conveyor or Transmission Belt from Belarus in 2022:

  1. Russia (246.3 tons)
  2. Ukraine (25.2 tons)
  3. Lithuania (5.5 tons)
  4. Kazakhstan (5.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for conveyor or transmission belt 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 22194030 - Rubber transmission belts of trapezoidal and/or striped configuration (including V-belts)
  • Prodcom 22194050 - Rubber conveyor belts
  • Prodcom 22194070 - Rubber synchronous belts
  • Prodcom 22194090 - Rubber transmission belts (excluding V-belts and V-belting, t rapezoidal and/or striped configuration, conveyor belt, s ynchronous belt)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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