Key Market Indicators
Exports of home appliances from Belarus are set to reach $5.5 million by 2026, down from $7.5 million in 2021. This represents an average annual decrease of 5.1%. Since 2003, supply has dropped by 1.8% per year. In 2021, Belarus was in 49th place, overtaken by Panama with $7.5 million. Germany, Malaysia and the United States were in second, third and fourth place respectively. Imports of home appliances to Belarus are projected to reach $33.2 million by 2026, up from $32 million in 2021. This equates to a CAGR of 0.7%. Since 2003, demand has grown by 0.2% each year. In 2021, Belarus was in 57th place, overtaken by Morocco with $32 million. Germany, Japan and France were in second, third and fourth place respectively.
