Belarus: Market for Tyres For Agriculture, Forestry, Construction, Industry And Other Off The Road Vehicles 2024

Market Size for Tyres For Agriculture, Forestry, Construction, Industry And Other Off The Road Vehicles in Belarus

In 2022, after two years of growth, there was significant decline in the Belarusian market for tyres for agriculture, forestry, construction, industry and other off the road vehicles, when its value decreased by X% to $X. Overall, consumption recorded a abrupt descent. Consumption of peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Production of Tyres For Agriculture, Forestry, Construction, Industry And Other Off The Road Vehicles in Belarus

In value terms, production of tyres for agriculture, forestry, construction, industry and other off the road vehicles totaled $X in 2022 estimated in export price. In general, production, however, faced a abrupt curtailment. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, production of tyres for agriculture, forestry, construction, industry and other off road vehicles hit record highs at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

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Exports of Tyres For Agriculture, Forestry, Construction, Industry And Other Off The Road Vehicles

Exports from Belarus

In 2022, shipments abroad of tyres for agriculture, forestry, construction, industry and other off the road vehicles decreased by X% to X units, falling for the fourth year in a row after three years of growth. Overall, exports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of tyres for agriculture, forestry, construction, industry and other off the road vehicles declined notably to $X in 2022. In general, exports faced a sharp decrease. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Russia (X units) was the main destination for exports of tyres for agriculture, forestry, construction, industry and other off the road vehicles from Belarus, accounting for a X% share of total exports. Moreover, exports of tyres for agriculture, forestry, construction, industry and other off the road vehicles to Russia exceeded the volume sent to the second major destination, Ukraine (X units), threefold. The third position in this ranking was held by Kazakhstan (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Russia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (X% per year) and Kazakhstan (X% per year).

In value terms, the largest markets for agricultural, construction and industrial machinery tyre exported from Belarus were Russia ($X), Kazakhstan ($X) and Ukraine ($X), together comprising X% of total exports. Pakistan, Egypt, Lithuania, Poland, Cuba and Turkmenistan lagged somewhat behind, together comprising a further X%.

Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average export price for tyres for agriculture, forestry, construction, industry and other off the road vehicles stood at $X per unit in 2022, shrinking by X% against the previous year. In general, the export price continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while the average price for exports to Turkmenistan ($X 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 Egypt (X%), while the prices for the other major destinations experienced a decline.

Imports of Tyres For Agriculture, Forestry, Construction, Industry And Other Off The Road Vehicles

Imports into Belarus

In 2022, after two years of growth, there was significant decline in purchases abroad of tyres for agriculture, forestry, construction, industry and other off the road vehicles, when their volume decreased by X% to X units. In general, imports faced a drastic downturn. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports of tyres for agriculture, forestry, construction, industry and other off road vehicles reached the peak figure at X units in 2021, and then declined rapidly in the following year.

In value terms, imports of tyres for agriculture, forestry, construction, industry and other off the road vehicles contracted sharply to $X in 2022. Overall, imports faced a abrupt decrease. The growth pace was the most rapid in 2017 when imports increased by X%. Over the period under review, imports of tyres for agriculture, forestry, construction, industry and other off road vehicles hit record highs at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Russia (X units) constituted the largest supplier of agricultural, construction and industrial machinery tyre to Belarus, with a X% share of total imports. Moreover, imports of tyres for agriculture, forestry, construction, industry and other off the road vehicles from Russia exceeded the figures recorded by the second-largest supplier, China (X units), fourfold. Poland (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Russia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Poland (X% per year).

In value terms, Russia ($X) constituted the largest supplier of tyres for agriculture, forestry, construction, industry and other off the road vehicles to Belarus, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Ukraine, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Ukraine (X% per year).

Import Prices by Country

In 2022, the average import price for tyres for agriculture, forestry, construction, industry and other off the road vehicles amounted to $X per unit, with an increase of X% against the previous year. In general, the import price, however, showed a pronounced reduction. Over the period under review, average import prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 Ukraine ($X per unit), while the price for Lithuania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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