Report Update: May 1, 2024

Belarus - Isolating Switches & Make-And-Break Switches - Market Analysis, Forecast, Size, Trends And Insights

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Isolating Switch Price in Belarus - 2022

Isolating Switch Price in Belarus (CIF) - 2022

The average isolating switch import price stood at $36 per unit in 2022, growing by 46% against the previous year. In general, the import price saw a perceptible increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($64 per unit), while the price for Azerbaijan ($11 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Azerbaijan (+41.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Isolating Switch Price in Belarus (FOB) - 2022

The average isolating switch export price stood at $14 per unit in 2022, dropping by -24.7% against the previous year. Over the period under review, the export price, however, posted mild growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 77% against the previous year. The export price peaked at $19 per unit in 2021, and then shrank rapidly in the following year.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +2.5% per year.

Isolating Switch Imports in Belarus

In 2022, the amount of isolating switches & make-and-break switches imported into Belarus reduced markedly to 155K units, which is down by -63.7% against the previous year. Over the period under review, imports saw a precipitous curtailment. The growth pace was the most rapid in 2021 with an increase of 83%. As a result, imports attained the peak of 427K units, and then contracted notably in the following year.

In value terms, isolating switch imports contracted notably to $5.5M in 2022. Overall, imports recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 119%. As a result, imports reached the peak of $10M, and then contracted remarkably in the following year.

Import of Isolating Switch in Belarus (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Poland	726	366	3,159	1,877	37.2%
Russia	2,343	924	2,265	1,346	-16.9%
Slovenia	2,159	1,036	216	663	-32.5%
China	635	1,626	902	615	-1.1%
Ukraine	128	57.6	208	124	-1.1%
Italy	441	48.4	65.2	108	-37.4%
Azerbaijan	50.8	49.2	49.7	29.1	-16.9%
Netherlands	N/A	N/A	2,185	N/A	0%
Others	1,233	646	1,376	742	-15.6%
Total	7,716	4,752	10,427	5,503	-10.7%

Top Suppliers of Isolating Switch to Belarus in 2022:

Russia (73.5K units)
Poland (29.3K units)
China (18.1K units)
Slovenia (15.1K units)
Ukraine (7.3K units)
Italy (4.1K units)
Azerbaijan (2.7K units)

Isolating Switch Exports in Belarus

In 2022, approx. 4.5K units of isolating switches & make-and-break switches were exported from Belarus; with a decrease of -78.8% on the previous year's figure. Overall, exports faced a sharp setback. The most prominent rate of growth was recorded in 2021 with an increase of 26%. The exports peaked at 23K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, isolating switch exports dropped markedly to $63K in 2022. Over the period under review, exports continue to indicate a sharp decline. The most prominent rate of growth was recorded in 2021 with an increase of 73%. As a result, the exports reached the peak of $396K, and then fell significantly in the following year.

Export of Isolating Switch in Belarus (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Russia	228	151	145	62.3	-35.1%
Kazakhstan	N/A	4.5	7.8	N/A	73.3%
Armenia	N/A	N/A	24.7	N/A	0%
Lithuania	N/A	40.6	24.1	N/A	-40.6%
Iran	N/A	31.6	92.3	N/A	192.1%
Georgia	N/A	N/A	70.6	N/A	0%
Others	0.3	0.8	30.8	0.9	44.2%
Total	228	229	396	63.2	-34.8%

Top Export Markets for Isolating Switch from Belarus in 2022:

Russia (4.5K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the isolating switch 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 27121030 - Isolating switches and make-and-break switches

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023