Price for Non-Furniture Refrigerating or Freezing Equipment in Belarus - 2022
Contents:
- Price for Non-Furniture Refrigerating or Freezing Equipment in Belarus (CIF) - 2022
- Price for Non-Furniture Refrigerating or Freezing Equipment in Belarus (FOB) - 2022
- Imports of Non-Furniture Refrigerating or Freezing Equipment in Belarus
- Exports of Non-Furniture Refrigerating or Freezing Equipment in Belarus
Price for Non-Furniture Refrigerating or Freezing Equipment in Belarus (CIF) - 2022
The average import price for non-furniture refrigerating or freezing equipment stood at $176 per unit in 2022, flattening at the previous year. Over the period under review, the import price, however, recorded a pronounced contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 27% against the previous year. The import price peaked at $251 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($268 per unit), while the price for China ($109 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-0.6%), while the prices for the other major suppliers experienced a decline.
Price for Non-Furniture Refrigerating or Freezing Equipment in Belarus (FOB) - 2022
The average export price for non-furniture refrigerating or freezing equipment stood at $99.0 per unit in March 2022, falling by -39.9% against the previous month. Over the period under review, the export price continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in May 2021 an increase of 97% m-o-m. The export price peaked at $182 per unit in December 2021; however, from January 2022 to March 2022, the export prices stood at a somewhat lower figure.
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 -1.4% per month.
Imports of Non-Furniture Refrigerating or Freezing Equipment in Belarus
In 2022, non-furniture refrigerating or freezing equipment imports into Belarus surged to 157K units, picking up by 29% on 2021. The total import volume increased at an average annual rate of +6.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, non-furniture refrigerating or freezing equipment imports soared to $28M in 2022. The total import value increased at an average annual rate of +8.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Non-Furniture Refrigerating or Freezing Equipment in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 8.1 | 5.4 | 7.0 | 8.7 | 2.4% |
| Italy | 3.6 | 4.3 | 3.0 | 4.4 | 6.9% |
| France | 2.0 | 1.9 | 2.4 | 3.0 | 14.5% |
| Germany | 1.0 | 0.9 | 2.0 | 2.5 | 35.7% |
| Poland | 1.1 | 1.9 | 1.8 | 2.2 | 26.0% |
| China | 1.2 | 0.9 | 1.2 | 1.5 | 7.7% |
| Lithuania | 2.0 | 1.3 | 0.1 | 1.4 | -11.2% |
| Sweden | 0.9 | N/A | 0.6 | 0.7 | -8.0% |
| Others | 2.0 | 3.6 | 3.3 | 3.3 | 18.2% |
| Total | 21.7 | 20.2 | 21.3 | 27.7 | 8.5% |
Top Suppliers of Non-Furniture Refrigerating or Freezing Equipment to Belarus in 2022:
- Russia (64.1K units)
- Italy (21.7K units)
- France (15.0K units)
- China (13.8K units)
- Poland (10.8K units)
- Germany (9.4K units)
- Lithuania (7.3K units)
- Sweden (3.3K units)
Exports of Non-Furniture Refrigerating or Freezing Equipment in Belarus
After two years of decline, shipments abroad of non-furniture refrigerating or freezing equipment increased by 29% to 28K units in 2022. Over the period under review, exports, however, showed a deep downturn. The exports peaked at 38K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, non-furniture refrigerating or freezing equipment exports stood at $2.4M in 2022. The total export value increased at an average annual rate of +5.1% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 22%. As a result, the exports attained the peak of $2.5M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Non-Furniture Refrigerating or Freezing Equipment in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1.8 | 2.1 | 1.7 | 2.1 | 5.3% |
| Moldova | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 0.1 | 0.2 | 0.3 | 0.2 | 26.0% |
| Total | 2.0 | 2.5 | 2.1 | 2.4 | 6.3% |
Top Export Markets for Non-Furniture Refrigerating or Freezing Equipment from Belarus in 2022:
- Russia (27.4K units)
- Moldova (1.1K units)
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