Price for Tools, Hand; Other than Household Tools in Belarus - 2022

Contents:

  1. Price for Tools, Hand; Other than Household Tools in Belarus (CIF) - 2022
  2. Price for Tools, Hand; Other than Household Tools in Belarus (FOB) - 2022
  3. Imports of Tools, Hand; Other than Household Tools in Belarus
  4. Exports of Tools, Hand; Other than Household Tools in Belarus

Price for Tools, Hand; Other than Household Tools in Belarus (CIF) - 2022

The average import price for tools, hand; other than household toolses stood at $6,932 per ton in March 2022, waning by -14.8% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in February 2022 an increase of 27% month-to-month. The import price peaked at $9,414 per ton in May 2021; however, from June 2021 to March 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($10,799 per ton), while the price for Russia ($5,902 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Turkey (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tools, Hand; Other than Household Tools in Belarus (FOB) - 2022

In March 2022, the average export price for tools, hand; other than household toolses amounted to $7,317 per ton, with an increase of 8% against the previous month. Over the period under review, export price indicated pronounced growth from March 2021 to March 2022: its price increased at an average monthly rate of +3.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, export price for tools, hand; other than household toolses decreased by -6.8% against January 2022 indices. The most prominent rate of growth was recorded in September 2021 an increase of 67% m-o-m. The export price peaked at $8,041 per ton in October 2021; however, from November 2021 to March 2022, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($34,478 per ton), while the average price for exports to Russia ($4,904 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tools, Hand; Other than Household Tools in Belarus

Imports of tools, hand; other than household toolses into Belarus declined slightly to 1.5K tons in 2022, remaining constant against 2021. Over the period under review, imports showed a noticeable slump. The pace of growth appeared the most rapid in 2021 with an increase of 11% against the previous year.

In value terms, imports of tools, hand; other than household toolses declined to $11M in 2022. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 32% against the previous year. As a result, imports attained the peak of $12M, and then reduced in the following year.

Import of Tools, Hand; Other than Household Tools in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/AN/AN/A10.90%
Russia2.32.03.0N/A14.2%
China4.43.44.5N/A1.1%
Poland0.91.20.9N/A0.0%
Taiwan (Chinese)0.80.70.5N/A-20.9%
Turkey0.30.20.4N/A15.5%
Others2.11.82.9N/A17.5%
Total10.99.212.110.90.0%

Top Suppliers of Tools, Hand; Other than Household Tools to Belarus in 2022:

  1. United Arab Emirates (1.5K tons)

Exports of Tools, Hand; Other than Household Tools in Belarus

Exports of tools, hand; other than household toolses from Belarus fell dramatically to 740 tons in 2022, shrinking by -42.9% against 2021. Over the period under review, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 33%. As a result, the exports attained the peak of 1.3K tons, and then shrank rapidly in the following year.

In value terms, exports of tools, hand; other than household toolses fell to $6.5M in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +14.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 56%. As a result, the exports attained the peak of $7.4M, and then dropped in the following year.

Export of Tools, Hand; Other than Household Tools in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia2.72.84.64.014.0%
Netherlands1.41.52.21.910.7%
UkraineN/A0.10.20.10.0%
KazakhstanN/A0.10.10.10.0%
Others0.20.20.30.314.5%
Total4.44.87.46.513.9%

Top Export Markets for Tools, Hand; Other than Household Tools from Belarus in 2022:

  1. Russia (641.8 tons)
  2. Netherlands (31.9 tons)
  3. Ukraine (23.4 tons)
  4. Kazakhstan (16.9 tons)

Source: IndexBox Market Intelligence Platform

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