Price for Reciprocating or Rotary Internal Combustion Piston Engines in Belarus - 2022

Contents:

  1. Price for Reciprocating or Rotary Internal Combustion Piston Engines in Belarus (CIF) - 2022
  2. Price for Reciprocating or Rotary Internal Combustion Piston Engines in Belarus (FOB) - 2022
  3. Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Belarus
  4. Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Belarus

Price for Reciprocating or Rotary Internal Combustion Piston Engines in Belarus (CIF) - 2022

The average import price for reciprocating or rotary internal combustion piston engineses stood at $198 per unit in March 2022, waning by -45.1% against the previous month. In general, the import price recorded a significant decrease. As a result, import price reached the peak level of $360 per unit, and then fell remarkably in the following month.

There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Thailand ($388 per unit), while the price for China ($48.6 per unit) was amongst the lowest.

From February 2022 to March 2022, the most notable rate of growth in terms of prices was attained by Thailand (+19.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Reciprocating or Rotary Internal Combustion Piston Engines in Belarus (FOB) - 2022

In 2022, the average export price for reciprocating or rotary internal combustion piston engineses amounted to $7,302 per unit, waning by -1.6% against the previous year. Over the period under review, the export price, however, recorded a significant increase. The pace of growth was the most pronounced in 2017 when the average export price increased by 939%. Over the period under review, the average export prices hit record highs at $7,738 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($6,740 per unit), while the average price for exports to Ukraine ($1,223 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 Russia (+36.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Belarus

In 2022, purchases abroad of reciprocating or rotary internal combustion piston engineses was finally on the rise to reach 60K units after two years of decline. In general, imports, however, showed a abrupt decline. Imports peaked at 79K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of reciprocating or rotary internal combustion piston engineses rose markedly to $37M in 2022. Over the period under review, imports, however, recorded a abrupt slump. The pace of growth was the most pronounced in 2021 when imports increased by 12% against the previous year. Over the period under review, imports of hit record highs at $48M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Reciprocating or Rotary Internal Combustion Piston Engines in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China38.221.429.233.7-4.1%
United Kingdom1.10.50.80.7-14.0%
Lithuania2.42.30.60.6-37.0%
TurkeyN/AN/AN/A0.50%
Poland0.71.30.40.3-24.6%
ArmeniaN/AN/AN/A0.30%
Latvia0.1N/AN/A0.226.0%
Germany1.01.40.30.1-53.6%
Russia2.41.81.1N/A-32.3%
Others1.70.60.50.4-38.3%
Total47.729.433.036.7-8.4%

Top Suppliers of Reciprocating or Rotary Internal Combustion Piston Engines to Belarus in 2022:

  1. China (40.7K units)
  2. United Kingdom (7.7K units)
  3. Turkey (2.5K units)
  4. Latvia (2.5K units)
  5. Lithuania (2.4K units)
  6. Poland (1.2K units)
  7. Armenia (1.1K units)
  8. Germany (0.6K units)

Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Belarus

In 2022, the amount of reciprocating or rotary internal combustion piston engineses exported from Belarus fell significantly to 1.2K units, declining by -27.7% against the previous year. Over the period under review, exports saw a deep slump. The pace of growth was the most pronounced in 2021 when exports increased by 53% against the previous year. As a result, the exports attained the peak of 1.6K units, and then reduced rapidly in the following year.

In value terms, exports of reciprocating or rotary internal combustion piston engineses fell markedly to $5M in 2022. In general, exports showed a mild reduction. The pace of growth was the most pronounced in 2021 when exports increased by 49%. As a result, the exports reached the peak of $6.4M, and then fell remarkably in the following year.

Export of Reciprocating or Rotary Internal Combustion Piston Engines in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia4.23.55.54.30.8%
Ukraine0.70.40.80.6-5.0%
Others0.40.30.10.1-37.0%
Total5.34.36.45.0-1.9%

Top Export Markets for Reciprocating or Rotary Internal Combustion Piston Engines from Belarus in 2022:

  1. Russia (683.0 units)
  2. Ukraine (502.0 units)

Source: IndexBox Market Intelligence Platform

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