Belarus - Instruments for Measuring Electrical Quantities - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Instruments for Measuring Electrical Quantities in Belarus - 2022
Contents:
- Price for Instruments for Measuring Electrical Quantities in Belarus (CIF) - 2022
- Price for Instruments for Measuring Electrical Quantities in Belarus (FOB) - 2022
- Imports of Instruments for Measuring Electrical Quantities in Belarus
- Exports of Instruments for Measuring Electrical Quantities in Belarus
Price for Instruments for Measuring Electrical Quantities in Belarus (CIF) - 2022
In 2022, the average import price for instruments for measuring electrical quantities amounted to $3 per unit, falling by -25.4% against the previous year. Overall, the import price showed a deep contraction. The pace of growth appeared the most rapid in 2018 when the average import price increased by 27%. The import price peaked at $14 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($23 per unit), while the price for China ($0.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+1.8%), while the prices for the other major suppliers experienced a decline.
Price for Instruments for Measuring Electrical Quantities in Belarus (FOB) - 2022
The average export price for instruments for measuring electrical quantities stood at $21 per unit in 2022, picking up by 537% against the previous year. Overall, the export price showed a pronounced increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($6.8 per unit), while the average price for exports to Russia ($2.8 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 Poland (+5.3%), while the prices for the other major destinations experienced a decline.
Imports of Instruments for Measuring Electrical Quantities in Belarus
In 2022, after three years of growth, there was significant decline in purchases abroad of instruments for measuring electrical quantities, when their volume decreased by -74.4% to 343K units. Over the period under review, imports continue to indicate a sharp contraction. The growth pace was the most rapid in 2021 with an increase of 22%. As a result, imports attained the peak of 1.3M units, and then reduced sharply in the following year.
In value terms, instruments for measuring electrical quantities imports fell sharply to $1M in 2022. In general, imports showed a sharp reduction. The smallest decline of -7.5% was in 2020. Over the period under review, imports hit record highs at $6.7M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Instruments for Measuring Electrical Quantities in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 3,460 | 3,301 | 2,769 | 604 | -44.1% |
| China | 506 | 552 | 586 | 107 | -40.4% |
| Germany | 910 | 694 | 388 | 69.8 | -57.5% |
| Ukraine | 452 | 530 | 591 | 8.5 | -73.4% |
| Others | 1,390 | 1,138 | 1,094 | 247 | -43.8% |
| Total | 6,718 | 6,215 | 5,428 | 1,037 | -46.4% |
Top Suppliers of Instruments for Measuring Electrical Quantities to Belarus in 2022:
- Russia (163.1K units)
- China (152.3K units)
- Germany (3.0K units)
- Ukraine (1.3K units)
Exports of Instruments for Measuring Electrical Quantities in Belarus
After three years of growth, shipments abroad of instruments for measuring electrical quantities decreased by -99% to 13K units in 2022. Over the period under review, exports recorded a sharp decrease. The most prominent rate of growth was recorded in 2021 with an increase of 85% against the previous year. As a result, the exports reached the peak of 1.3M units, and then declined notably in the following year.
In value terms, instruments for measuring electrical quantities exports shrank remarkably to $282K in 2022. Overall, exports showed a dramatic setback. The pace of growth was the most pronounced in 2021 when exports increased by 14%. As a result, the exports reached the peak of $4.5M, and then contracted rapidly in the following year.
| Export of Instruments for Measuring Electrical Quantities in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 3,094 | 2,942 | 3,684 | 222 | -58.4% |
| Poland | 315 | 417 | 89.4 | 17.6 | -61.8% |
| Ukraine | 101 | 181 | 193 | 12.9 | -49.6% |
| Others | 475 | 382 | 507 | 30.2 | -60.1% |
| Total | 3,985 | 3,923 | 4,474 | 282 | -58.6% |
Top Export Markets for Instruments for Measuring Electrical Quantities from Belarus in 2022:
- Russia (78.8K units)
- Poland (3.4K units)
- Ukraine (1.9K units)
This report provides an in-depth analysis of the market for instruments for measuring electrical quantities 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 26514310 - Multimeters
- Prodcom 26514330 - Electronic instruments and apparatus for measuring or checking voltage, current, resistance or electrical power, w ithout recording device (excluding multimeters, and oscilloscopes and oscillographs)
- Prodcom 26514355 - Voltmeters
- Prodcom 26514359 - Non-electronic instruments and apparatus, for measuring or checking voltage, current, resistance or power, without a recording device (excluding multimeters, voltmeters)
- Prodcom 26514300 -
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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