Belarus - Compressors For Refrigeration Equipment - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRefrigerator Compressor Price in Belarus - 2022
Contents:
- Refrigerator Compressor Price in Belarus (FOB) - 2022
- Refrigerator Compressor Price in Belarus (CIF) - 2022
- Refrigerator Compressor Exports in Belarus
- Refrigerator Compressor Imports in Belarus
Refrigerator Compressor Price in Belarus (FOB) - 2022
In March 2022, the average refrigerator compressor export price amounted to $25.6 per unit, waning by -10.1% against the previous month. Over the period under review, the export price continues to indicate a noticeable curtailment. The pace of growth was the most pronounced in June 2021 when the average export price increased by 1,424% against the previous month. As a result, the export price attained the peak level of $825 per unit. From July 2021 to March 2022, the the average export prices failed to regain momentum.
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 Ukraine amounted to -2.1% per month.
Refrigerator Compressor Price in Belarus (CIF) - 2022
The average refrigerator compressor import price stood at $127 per unit in March 2022, picking up by 41% against the previous month. In general, the import price, however, recorded a slight reduction. The import price peaked at $174 per unit in September 2021; however, from October 2021 to March 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Russia ($244 per unit), while the price for Slovakia ($41.7 per unit) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Russia (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Refrigerator Compressor Exports in Belarus
In 2022, exports of compressors for refrigeration equipment from Belarus fell remarkably to 189K units, declining by -44.2% compared with 2021 figures. Over the period under review, exports saw a significant decline. The most prominent rate of growth was recorded in 2021 with an increase of 4.9%. The exports peaked at 374K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, refrigerator compressor exports fell to $34M in 2022. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 323% against the previous year. As a result, the exports reached the peak of $36M, and then declined in the following year.
| Export of Refrigerator Compressor in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 8.4 | 7.2 | 35.3 | 32.7 | 57.3% |
| Ukraine | 0.5 | 0.5 | 0.4 | 0.4 | -7.2% |
| Kazakhstan | 0.9 | 0.2 | 0.2 | 0.4 | -23.7% |
| Others | 0.4 | 0.7 | 0.4 | 0.4 | 0.0% |
| Total | 10.3 | 8.6 | 36.3 | 33.9 | 48.7% |
Top Export Markets for Refrigerator Compressor from Belarus in 2022:
- Russia (163.5K units)
- Ukraine (9.0K units)
- Kazakhstan (8.8K units)
Refrigerator Compressor Imports in Belarus
In 2022, the amount of compressors for refrigeration equipment imported into Belarus reduced dramatically to 48K units, with a decrease of -18.3% compared with the previous year's figure. Overall, imports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 2% against the previous year. Imports peaked at 66K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, refrigerator compressor imports shrank to $9.3M in 2022. Over the period under review, imports showed a perceptible contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 6.6%. Over the period under review, imports attained the maximum at $11M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Refrigerator Compressor in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 3,333 | 3,104 | 3,209 | 2,644 | -7.4% |
| China | 1,858 | 1,752 | 1,573 | 1,421 | -8.6% |
| Italy | 540 | 664 | 1,266 | 1,057 | 25.1% |
| Slovakia | 219 | 155 | 282 | 236 | 2.5% |
| Japan | 242 | 364 | 123 | 200 | -6.2% |
| Austria | 575 | 54.4 | 12.7 | 176 | -32.6% |
| Spain | 120 | 89.3 | 152 | 127 | 1.9% |
| United Kingdom | 18.4 | 6.3 | 64.7 | 54.0 | 43.2% |
| Others | 3,613 | 3,641 | 3,798 | 3,407 | -1.9% |
| Total | 10,518 | 9,829 | 10,480 | 9,321 | -3.9% |
Top Suppliers of Refrigerator Compressor to Belarus in 2022:
- Russia (13.2K units)
- China (10.5K units)
- Italy (8.8K units)
- Slovakia (3.9K units)
- Austria (2.5K units)
- Spain (2.2K units)
- United Kingdom (1.4K units)
- Japan (0.4K units)
This report provides an in-depth analysis of the refrigerator compressor market 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 28132300 - Compressors for refrigeration equipment
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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