The Belarusian transport and overhead crane market fell -X% to X dollars in 2021, falling for the second consecutive year after two years of growth. During the period under review, consumption faced a sharp decline. During the period under review, the market peaked at $X in 2014; however, from 2015 to 2021, consumption has been at lower levels.
Overseas shipments of transport cranes, gantry cranes and overhead cranes increased by X% to X units in 2021 after three years of decline. But overall, exports face a sharp decline. The fastest growth rate in 2017, with a year-on-year increase of X%. As a result, exports peaked at X units. Export growth failed to regain momentum between 2018 and 2021.
In value terms, exports of transport and overhead cranes surge to $X in 2021. But overall, exports have contracted sharply. The fastest growth rate in 2017, an increase of X% year-on-year. As a result, exports peaked at X dollars. From 2018 to 2021, the growth rate of exports will remain at a low level.
Russia (X units) is the main destination for Belarusian transport and overhead crane exports, accounting for about X% of total exports.
From 2012 to 2021, the average annual growth rate of shipments to Russia is -X%.
In terms of value, Russia ($X) remains the main foreign market for Belarusian exports of transport vehicles and overhead cranes.
From 2012 to 2021, the average annual growth rate of value to Russia will total -X%.
Overseas purchases of haulage cranes, gantry cranes and overhead cranes fell -X% to X units in 2021, falling for the second consecutive year after two years of growth. Overall, imports fell sharply. The fastest growth was recorded in 2018, with imports increasing by X% year-on-year. Imports peaked at X units in 2014; however, from 2015 to 2021, imports decreased slightly.
Imports of transport and overhead cranes contract to $X in 2021 in value terms. Overall, imports continue to show a sharp decline. The pace of growth was most pronounced in 2018, when 5 ton gantry crane imports increased by X% year-on-year. During the period under review, imports peaked at $X in 2014; however, imports declined slightly from 2015 to 2021.
In 2021, Russia (X units) is the largest supplier of transport and overhead cranes in Belarus, accounting for X% of total imports. In addition, transport and overhead cranes imported from Russia were more than ten times higher than the figures recorded by the second largest supplier, Lithuania (X units).
From 2012 to 2021, the average annual growth rate of sales from Russia will total -X%. The average annual growth rates of imports for the remaining suppliers are as follows: Lithuania (-X% per annum) and Germany (-X% per annum).
Russia (USD X) is the largest supplier of transport and overhead cranes to Belarus by value, accounting for X% of total imports. In second place is Lithuania ($X) with X% of total imports.
From 2012 to 2021, the average annual growth rate of value from Russia is -X%. The average annual growth rates of imports for the remaining suppliers are as follows: Lithuania (-X% per annum) and Germany (-X% per annum).
Russia is the largest supplier of transport and overhead cranes to Belarus by value, accounting for 90% of total imports. In second place was Lithuania, which accounted for 7.3% of total imports.
In terms of value, Russia remains the main foreign market for Belarusian transport and overhead crane exports.
In 2021, the average export price of transport and overhead cranes will be USD 2,013 per unit, a decrease of -19.5% from the previous year.
The average import price for transport and overhead cranes in 2021 is $16,536 per unit, up 17% from the previous year.
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