Industrialists in Belarus are decreasing their stockpiles and readying themselves for an anticipated rise in profits
In the dynamic world of industry, recent data suggests a positive outlook. According to the Ministry of Economy's latest business climate survey, the current level of capacity utilization stands at an estimated 69%. This figure indicates a robust industry, with production facilities running at near capacity.
The survey also reveals that the most popular investment areas are production capacity renewal, accounting for 75% of the responses. This indicates a focus on modernizing and enhancing existing production facilities to meet the growing demand.
Encouragingly, 75% of the surveyed managers noted an increase or maintenance of demand for their products. This trend is further supported by the fact that most managers expect an increase or maintenance of production volumes in the next month, with 84% expressing such expectations. Similarly, 89% of managers anticipate an increase or maintenance of demand for their products in the coming month.
The average period of enterprise order fulfillment is currently 3 months, indicating a steady flow of orders and a manageable workload for industrial enterprises.
Positive dynamics in production have been observed by 66% of managers at industrial enterprises, as reported by the NIIEI of the Ministry of Economy. This is a testament to the health of the industry, with many enterprises maintaining or even increasing their production levels.
However, not all is smooth sailing. In August, 38% of surveyed managers confirmed a reduction in stocks of finished products. This could be a sign of increased demand outpacing production, or perhaps a strategic move to reduce inventory levels.
On a positive note, every fourth manager plans to increase capital investments in the next 3 months. Directors report the preservation of investment capabilities for enterprise development, suggesting a commitment to long-term growth.
Resource conservation investments are relevant for 22% of industrialists, reflecting a growing awareness of the need for sustainable practices in industry. Expansion of production capacity is a relevant investment area for 34% of industrialists, indicating a focus on growth and scaling up operations.
Interestingly, 18% of enterprises invest in labor cost reduction. This could be a response to increased competition or a strategic move to improve efficiency.
A third of respondents expect an increase in profits in the next month, offering a promising outlook for the industry's financial health.
The latest survey on the economic situation in the industry was conducted by the IW (Institut der deutschen Wirtschaft) in spring 2025 and was published in 2025. These findings paint a picture of a thriving industry, with robust demand, high capacity utilization, and a focus on growth and modernization.
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