Warehouses in Belarusian Industry Keep Coming Apart

The enterprises of the Minsk region have the highest level of stockpiles

In November 2020, stocks of finished goods at industrial enterprises have grown in monetary term. Belstat data show, reports naviny.by.

As of January-February, stocks were up, March - down; the growth was noted again in April-May, while in June-September - down, and they started growing in October.

The ratio of finished goods inventories to average monthly output this January-November was 69.1% against 68.3% in January-November 2019. Thus, the year-on-year increase amounted to 0.8 percentage points.

In monetary terms, stocks of finished goods in warehouses of industrial enterprises increased by 136 million rubles in November and amounted to Br5 billion 282.3 million on December 1.

As of November, Minsk region enterprises had the highest level of stockpiles (103.6% of the average monthly output). It is followed by Minsk (100.7%), Brest (73%), Grodno (71.7%) and Mahiliou (63%) voblasts.

The lowest stock levels are traditionally registered in Vitsebsk (48.5%) and Homel (28.2%) regions, where the oil refineries are located.

As of 1 December 2020, the highest level of finished product stocks was in the manufacture of textile, clothing, leather and fur products (4 times higher than the monthly output), computing, electronic and optical equipment (2.1 times higher), machinery and equipment (1.9 times higher).

In the mining industry, the ratio of finished product stocks to average monthly output was 18.2% (9.2% as of 1 December 2019), manufacturing 79.9% (78.6%), including 54.8% (65.8%) in the food industry, 68.7% (89.9%) in the wood and paper industry and publishing sector.

As of 1 December 2020, the indicator was 38.3% (35.9%) in steel production, 53.9% (78.3%) in electrical equipment production, 87% (90.8%) in rubber and other non-metallic mineral products, 102.6% (114.9%) in transportation vehicles and equipment, 62.2% (52.5%) in chemical products and 2.3% (3.8%) in oil refining.