CIS: Non-Electric Motor Handtools Market 2024

Non-Electric Motor Handtools Market Size in CIS

The CIS non-electric motor handtools market expanded significantly to $X in 2022, rising by X% against the previous year. The total consumption indicated notable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in the immediate term.

Non-Electric Motor Handtools Production in CIS

In value terms, non-electric motor handtools production shrank notably to $X in 2022 estimated in export price. Overall, production saw a abrupt curtailment. The growth pace was the most rapid in 2015 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

Non-Electric Motor Handtools Exports

Exports in CIS

After two years of growth, overseas shipments of handtools, hydraulic or with a self-contained non-electric motor decreased by X% to X units in 2022. In general, exports, however, recorded a prominent increase. The pace of growth appeared the most rapid in 2013 when exports increased by X%. The volume of export peaked at X units in 2021, and then contracted markedly in the following year.

In value terms, non-electric motor handtools exports contracted dramatically to $X in 2022. Over the period under review, exports, however, recorded strong growth. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then contracted notably in the following year.

Exports by Country

Russia represented the main exporter of handtools, hydraulic or with a self-contained non-electric motor in the CIS, with the volume of exports recording X units, which was near X% of total exports in 2022. Belarus (X units) held the second position in the ranking, distantly followed by Kazakhstan (X units). All these countries together held approx. X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to non-electric motor handtools exports from Russia stood at X%. At the same time, Kazakhstan (X%) and Belarus (X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Russia and Kazakhstan increased by X and X percentage points, respectively.

In value terms, Russia ($X), Kazakhstan ($X) and Belarus ($X) were the countries with the highest levels of exports in 2022, together accounting for X% of total exports.

Among the main exporting countries, Kazakhstan, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in the CIS stood at $X per unit in 2022, with an increase of X% against the previous year. Overall, the export price, however, saw a abrupt curtailment. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%), while the other leaders experienced a decline in the export price figures.

Non-Electric Motor Handtools Imports

Imports in CIS

In 2022, approx. X units of handtools, hydraulic or with a self-contained non-electric motor were imported in the CIS; with an increase of X% against the year before. Over the period under review, imports posted a strong increase. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, non-electric motor handtools imports totaled $X in 2022. Overall, imports showed a noticeable increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Russia dominates imports structure, finishing at X units, which was near X% of total imports in 2022. It was distantly followed by Belarus (X units), making up a X% share of total imports. The following importers - Kazakhstan (X units) and Uzbekistan (X units) - each reached a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to non-electric motor handtools imports into Russia stood at X%. At the same time, Uzbekistan (X%), Belarus (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. While the share of Belarus (X p.p.) and Uzbekistan (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Russia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported handtools, hydraulic or with a self-contained non-electric motor in the CIS, comprising X% of total imports. The second position in the ranking was taken by Belarus ($X), with a X% share of total imports. It was followed by Kazakhstan, with a X% share.

In Russia, non-electric motor handtools imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Belarus (X% per year) and Kazakhstan (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per unit in 2022, falling by X% against the previous year. In general, the import price saw a abrupt decrease. The most prominent rate of growth was recorded in 2019 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kazakhstan ($X per unit), while Uzbekistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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