Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Russia - 2022

Contents:

  1. Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Russia (CIF) - 2022
  2. Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Russia (FOB) - 2022
  3. Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Russia
  4. Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Russia

Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Russia (CIF) - 2022

The average import price for tools; for working in the hand, pneumatic, other than rotary type stood at $33 per unit in 2022, increasing by 16% against the previous year. In general, the import price, however, showed a abrupt setback. The pace of growth was the most pronounced in 2015 an increase of 143% against the previous year. Over the period under review, average import prices hit record highs at $217 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($287 per unit), while the price for China ($25 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Russia (FOB) - 2022

The average export price for tools; for working in the hand, pneumatic, other than rotary type stood at $140 per unit in 2022, picking up by 48% against the previous year. Over the period under review, the export price, however, showed a perceptible setback. The pace of growth was the most pronounced in 2017 an increase of 51%. The export price peaked at $239 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Africa ($1,007 per unit), while the average price for exports to Israel ($111 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+25.3%), while the prices for the other major destinations experienced a decline.

Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Russia

In 2022, the amount of tools; for working in the hand, pneumatic, other than rotary type imported into Russia dropped to 497K units, waning by -12.2% on the previous year's figure. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +8.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +30.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 48%. As a result, imports reached the peak of 566K units, and then declined in the following year.

In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type amounted to $16M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +13.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 57% against the previous year. Over the period under review, imports of tools; for working in hand, pneumatic, other than rotary type reached the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.45.410.012.224.0%
Taiwan (Chinese)1.51.62.02.417.0%
Others3.23.24.11.8-17.5%
Total11.210.216.116.413.6%

Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to Russia in 2022:

  1. China (480.6K units)
  2. Taiwan (Chinese) (8.5K units)

Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Russia

In 2022, the amount of tools; for working in the hand, pneumatic, other than rotary type exported from Russia reduced rapidly to 3.4K units, which is down by -79.3% compared with 2021 figures. Overall, exports recorded a sharp decrease. The pace of growth appeared the most rapid in 2021 with an increase of 42% against the previous year. Over the period under review, the exports of tools; for working in hand, pneumatic, other than rotary type attained the maximum at 18K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of tools; for working in the hand, pneumatic, other than rotary type reduced notably to $472K in 2022. Over the period under review, exports faced a significant decrease. The smallest decline of -0.7% was in 2021. The exports peaked at $2.1M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan377354548287-8.7%
South Africa0.2N/A10597.7687.6%
Ukraine19811022420.2-53.3%
Azerbaijan1.59.43.116.2121.0%
Armenia18.217.021.012.7-11.3%
United Arab Emirates5.7N/A13.79.619.0%
Israel4.0N/A2.08.026.0%
Belarus450354501N/A5.5%
Saudi Arabia9386690.3N/A-98.2%
Others10540.112621.4-41.2%
Total2,0981,5541,543472-39.2%

Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from Russia in 2022:

  1. Kazakhstan (2536.0 units)
  2. Ukraine (179.0 units)
  3. Azerbaijan (117.0 units)
  4. Armenia (106.0 units)
  5. South Africa (97.0 units)
  6. United Arab Emirates (86.0 units)
  7. Israel (72.0 units)

Source: IndexBox Market Intelligence Platform

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