Belarus: Market for Prepared Glues And Other Prepared Adhesives 2024

Market Size for Prepared Glues And Other Prepared Adhesives in Belarus

The Belarusian market for prepared glues and other prepared adhesives dropped to $X in 2022, declining by X% against the previous year. Overall, consumption saw a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Production of Prepared Glues And Other Prepared Adhesives in Belarus

In value terms, production of prepared glues and other prepared adhesives declined to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Over the period under review, production of hit record highs at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Exports of Prepared Glues And Other Prepared Adhesives

Exports from Belarus

In 2021, approx. X tons of prepared glues and other prepared adhesives were exported from Belarus; therefore, remained relatively stable against the previous year's figure. Overall, exports enjoyed significant growth. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, exports of prepared glues and other prepared adhesives skyrocketed to $X in 2021. In general, exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports of hit record highs in 2021 and are likely to see steady growth in years to come.

Exports by Country

Russia (X tons) was the main destination for exports of prepared glues and other prepared adhesives from Belarus, with a X% share of total exports. Moreover, exports of prepared glues and other prepared adhesives to Russia exceeded the volume sent to the second major destination, Ukraine (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia totaled 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, Russia ($X) remains the key foreign market for prepared glues and other prepared adhesives exports from Belarus, comprising X% of total exports. The second position in the ranking was held by Ukraine ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Russia totaled 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).

Export Prices by Country

The average export price for prepared glues and other prepared adhesives stood at $X per ton in 2021, rising by X% against the previous year. Overall, the export price, however, saw a pronounced downturn. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (X%), while the prices for the other major destinations experienced a decline.

Imports of Prepared Glues And Other Prepared Adhesives

Imports into Belarus

In 2021, the amount of prepared glues and other prepared adhesives imported into Belarus amounted to X tons, picking up by X% on the year before. The total import volume increased at an average annual rate of X% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Over the period under review, imports of hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, imports of prepared glues and other prepared adhesives skyrocketed to $X in 2021. The total import value increased at an average annual rate of X% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), Russia (X tons) and Italy (X tons) were the main suppliers of imports of prepared glues and other prepared adhesives to Belarus, together accounting for X% of total imports.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest prepared glues and other prepared adhesives suppliers to Belarus were Germany ($X), Russia ($X) and Italy ($X), together comprising X% of total imports. Poland, China, Spain, Turkey and Lithuania lagged somewhat behind, together accounting for a further X%.

Spain, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for prepared glues and other prepared adhesives amounted to $X per ton, surging by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lithuania (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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