In 2021, the Belarusian market for pulley tackle and hoists powered by an electric motor decreased by -X% to $X, falling for the second consecutive year after four years of growth. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.
In 2021, Belarus exported about X sets of pulley blocks and cranes driven by electric motors; compared to 2020 - a decrease of -X%. Overall, however, exports continued to show a relatively flat trend pattern. Growth appears to be fastest in 2016, with exports up X% over the previous year. As a result, exports peaked at X units. From 2017 to 2021, export growth failed to regain momentum.
In terms of value, in 2021, exports of electric pulley blocks and cranes dropped rapidly to X dollars. Overall, exports are still falling sharply. Growth appears to be fastest in 2016, with exports up X% over the previous year. As a result, exports peaked at $X. From 2017 to 2021, China's export growth will remain at a low level.
Rusia (X units) is the main export destination of electric pulley blocks and cranes from Belarus, accounting for X% of total exports. In addition, the number of pulley blocks and electric hoists exported to Russia exceeded the second largest destination Kazakhstan (X Taiwan) by more than ten times. Polandia (X units) ranks third in total exports with a share of X%.
From 2012 to 2021, the average annual growth rate of Russian export volumes is relatively modest. The average annual growth rate of exports to other major destinations is as follows: Kazakhstan (+X% per year) and Poland (+X% per year).
In terms of value, Russia ($X) remains the main foreign market for Belarusian electric motor driven pulley blocks and cranes, accounting for X% of total exports. In second place is Kazakhstan ($X), with X% of total exports. It is followed by Ukraine with a share of X%.
From 2012 to 2021, the average annual growth rate of value in Russia is -X%. The average annual growth rate of exports to other major destinations is as follows: Kazakhstan (+X% per year) and Ukraine (-X% per year).
In 2021, foreign supply of electric motor-driven pulley blocks and hoists fell -X% to X units, the second consecutive year of decline after two years of growth. Overall, the volume of imports has decreased significantly. The growth rate was most pronounced in 2013, with an increase of X% compared to the previous year. During the reporting period, imports reached a maximum of X units in 2019; however, imports failed to regain momentum from 2020-2021.
In terms of value, in 2021, imports of pulley blocks and cranes driven by electric motors will reach USD X. However, imports continued to increase significantly during the period under review. The rate of growth appears to be fastest in 2016, with imports up X% over the previous year. During the reporting period, imports peaked at USD X in 2014; however, imports remained low from 2015 to 2021.
Russia (X units), China (X units) and Denmark (X units) are the main suppliers of imported electric pulley blocks and cranes to Belarus, together accounting for X% of the total imports.
From 2012 to 2021, the largest growth will be in Denmark (+X% CAGR), while other leaders will see more modest growth in procurement.
Russia ($X) is the largest supplier of pulley blocks and electric hoists to Belarus by value, accounting for X% of total imports. In second place is China ($X), accounting for X% of total imports. It is followed by Italia with an X% share. From 2012 to 2021, the average annual growth rate of value from Russia will total +X%. The average annual growth rates of imports for the remaining suppliers are as follows: China (+X% per annum) and Italy (+X% per annum).
In value terms, Russia constituted the largest supplier of pulley tackle and hoists powered by an electric motor to Belarus, comprising 74% of total imports. The second position in the ranking was held by China, with an 8.2% share of total imports. It was followed by Italy, with a 6.9% share.
In value terms, Russia remains the key foreign market for pulley tackle and hoists powered by an electric motor exports from Belarus, comprising 58% of total exports. The second position in the ranking was taken by Kazakhstan, with a 14% share of total exports. It was followed by Ukraine, with a 9.2% share.
In 2021, the average export price for pulley tackle and hoists powered by an electric motor amounted to $2,126 per unit, surging by 14% against the previous year.
In 2021, the average import price for pulley tackle and hoists powered by an electric motor amounted to $1,112 per unit, jumping by 38% against the previous year.
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