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

Contents:

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

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

The average import price for tools; for working in the hand, pneumatic, other than rotary type stood at $16 per unit in 2022, waning by -51.2% against the previous year. In general, the import price saw a abrupt curtailment. The pace of growth appeared the most rapid in 2017 when the average import price increased by 23% against the previous year. Over the period under review, average import prices reached the maximum at $78 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($285 per unit), while the price for China ($15 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) (+21.1%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for tools; for working in the hand, pneumatic, other than rotary type amounted to $245 per unit, rising by 8.5% against the previous year. In general, the export price enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2013 an increase of 158% against the previous year. Over the period under review, the average export prices reached the maximum at $339 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Latvia amounted to +15.9% per year.

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

In 2022, imports of tools; for working in the hand, pneumatic, other than rotary type into Belarus fell modestly to 45K units, which is down by -2% against 2021 figures. Over the period under review, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 205% against the previous year. As a result, imports attained the peak of 46K units, and then shrank in the following year.

In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type dropped rapidly to $711K in 2022. Overall, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 80%. As a result, imports reached the peak of $1.5M, and then shrank sharply in the following year.

Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China93.011648465591.7%
Poland15915917224.2-46.6%
Russia477338513N/A3.7%
Others19421331731.4-45.5%
Total9238261,485711-8.3%

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

  1. China (45.1K units)
  2. Poland (0.1K units)

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

In 2022, approx. 820 units of tools; for working in the hand, pneumatic, other than rotary type were exported from Belarus; with an increase of 10% compared with the year before. Over the period under review, exports recorded buoyant growth. The growth pace was the most rapid in 2020 with an increase of 114%. As a result, the exports attained the peak of 1.1K units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of tools; for working in the hand, pneumatic, other than rotary type surged to $201K in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +16.6% 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 +58.6% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 47% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia10615512216315.4%
Others20.331.845.637.322.5%
Total12718616820116.5%

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

  1. Russia (799.0 units)

Source: IndexBox Market Intelligence Platform

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