Price for Tractors; (Other than Tractors of Heading No 8709) in Belarus - 2022
Contents:
- Price for Tractors; (Other than Tractors of Heading No 8709) in Belarus (FOB) - 2022
- Price for Tractors; (Other than Tractors of Heading No 8709) in Belarus (CIF) - 2022
- Exports of Tractors; (Other than Tractors of Heading No 8709) in Belarus
- Imports of Tractors; (Other than Tractors of Heading No 8709) in Belarus
Price for Tractors; (Other than Tractors of Heading No 8709) in Belarus (FOB) - 2022
In 2022, the average export price for tractors; (other than tractors of heading no 8709)s amounted to $21,977 per unit, jumping by 56% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 63%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($48,509 per unit), while the average price for exports to Venezuela ($11,398 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tractors; (Other than Tractors of Heading No 8709) in Belarus (CIF) - 2022
The average import price for tractors; (other than tractors of heading no 8709)s stood at $31,876 per unit in 2022, with a decrease of -16.1% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 52%. The import price peaked at $38,013 per unit in 2021, and then plummeted in the following year.
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 Poland ($110,343 per unit), while the price for Ukraine ($1,341 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+25.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tractors; (Other than Tractors of Heading No 8709) in Belarus
In 2022, exports of tractors; (other than tractors of heading no 8709)s from Belarus declined dramatically to 14K units, waning by -69.4% against the previous year. Over the period under review, exports saw a sharp decline. The most prominent rate of growth was recorded in 2021 when exports increased by 20%. Over the period under review, the exports of hit record highs at 48K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of tractors; (other than tractors of heading no 8709)s contracted rapidly to $317M in 2022. In general, exports saw a sharp slump. The pace of growth was the most pronounced in 2021 when exports increased by 26%. As a result, the exports attained the peak of $663M, and then declined remarkably in the following year.
| Export of Tractors; (Other than Tractors of Heading No 8709) in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 300 | 257 | 284 | 148 | -21.0% |
| Kazakhstan | 81.7 | 59.0 | 44.3 | 30.8 | -27.8% |
| Uzbekistan | 22.1 | 15.2 | 30.1 | 24.1 | 2.9% |
| United Arab Emirates | 24.3 | 24.7 | 31.5 | 19.1 | -7.7% |
| Ukraine | 46.9 | 50.3 | 95.0 | 18.7 | -26.4% |
| Venezuela | 27.3 | 22.5 | 23.4 | 11.5 | -25.0% |
| Lithuania | 3.4 | 0.5 | 7.7 | 7.8 | 31.9% |
| Pakistan | 17.0 | 14.1 | 36.9 | 4.5 | -35.8% |
| Others | 103 | 84.2 | 111 | 53.2 | -19.8% |
| Total | 625 | 528 | 663 | 317 | -20.3% |
Top Export Markets for Tractors; (Other than Tractors of Heading No 8709) from Belarus in 2022:
- Russia (8.3K units)
- Venezuela (1.0K units)
- United Arab Emirates (0.7K units)
- Uzbekistan (0.7K units)
- Ukraine (0.6K units)
- Kazakhstan (0.6K units)
- Lithuania (0.4K units)
- Pakistan (0.3K units)
Imports of Tractors; (Other than Tractors of Heading No 8709) in Belarus
In 2022, the amount of tractors; (other than tractors of heading no 8709)s imported into Belarus fell significantly to 885 units, declining by -82.2% compared with the previous year's figure. Over the period under review, imports recorded a sharp reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 65%. Over the period under review, imports of reached the peak figure at 5.8K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of tractors; (other than tractors of heading no 8709)s contracted notably to $28M in 2022. In general, imports showed a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of 129%. As a result, imports attained the peak of $189M, and then reduced dramatically in the following year.
| Import of Tractors; (Other than Tractors of Heading No 8709) in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 10.0 | 6.8 | 47.8 | 12.8 | 8.6% |
| Netherlands | 45.5 | 22.6 | 19.3 | 4.8 | -52.7% |
| Poland | 0.9 | 2.7 | 2.8 | 2.2 | 34.7% |
| Germany | 45.7 | 19.4 | 65.1 | 1.5 | -68.0% |
| Belgium | 4.9 | 3.1 | 23.2 | 0.9 | -43.2% |
| China | 4.4 | 4.1 | 1.8 | 0.8 | -43.3% |
| Lithuania | 2.5 | 3.8 | 6.8 | 0.6 | -37.9% |
| Japan | 0.2 | 0.3 | 0.6 | 0.4 | 26.0% |
| Ukraine | 0.4 | 0.2 | 1.0 | 0.2 | -20.6% |
| Others | 20.1 | 19.4 | 20.2 | 4.1 | -41.1% |
| Total | 135 | 82.4 | 189 | 28.2 | -40.7% |
Top Suppliers of Tractors; (Other than Tractors of Heading No 8709) to Belarus in 2022:
- Russia (336.0 units)
- China (185.0 units)
- Ukraine (148.0 units)
- Netherlands (46.0 units)
- Japan (32.0 units)
- Germany (26.0 units)
- Poland (20.0 units)
- Belgium (17.0 units)
- Lithuania (12.0 units)
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