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CIS - Power Tools - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCIS: Power Tool Market 2024
Power Tool Market Size in CIS
The CIS power tool market contracted notably to $X in 2022, reducing by X% against the previous year. In general, consumption, however, continues to indicate pronounced growth. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.
Power Tool Production in CIS
In value terms, power tool production fell to $X in 2022 estimated in export price. Overall, production recorded a deep slump. The pace of growth was the most pronounced in 2020 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.
Power Tool Exports
Exports in CIS
In 2023, exports of power tools in the CIS soared to X units, jumping by X% against 2022. In general, exports enjoyed a measured increase. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of X units. From 2022 to 2023, the growth of the exports failed to regain momentum.
In value terms, power tool exports expanded markedly to $X in 2023. Total exports indicated mild growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The growth pace was the most rapid in 2021 with an increase of X%. The level of export peaked at $X in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.
Exports by Country
The shipments of the two major exporters of power tools, namely Russia and Belarus, represented more than two-thirds of total export.
From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Belarus (with a CAGR of X%).
In value terms, Russia ($X) remains the largest power tool supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Belarus ($X), with a X% share of total exports.
From 2012 to 2023, the average annual growth rate of value in Russia was relatively modest.
Export Prices by Country
In 2023, the export price in the CIS amounted to $X per unit, declining by X% against the previous year. Over the period under review, the export price continues to indicate a pronounced downturn. The pace of growth was the most pronounced in 2015 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2016 to 2023, the export prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Russia ($X per unit), while Belarus totaled $X per unit.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Russia (X%).
Power Tool Imports
Imports in CIS
In 2023, the amount of power tools imported in the CIS rose notably to X units, increasing by X% compared with the previous year. Total imports indicated a notable increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X units in 2021; however, from 2022 to 2023, imports failed to regain momentum.
In value terms, power tool imports expanded notably to $X in 2023. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2021; however, from 2022 to 2023, imports failed to regain momentum.
Imports by Country
Russia prevails in imports structure, finishing at X units, which was approx. X% of total imports in 2023. It was distantly followed by Belarus (X units) and Kazakhstan (X units), together mixing up a X% share of total imports. Uzbekistan (X units) held a relatively small share of total imports.
From 2012 to 2023, average annual rates of growth with regard to power tool imports into Russia stood at X%. At the same time, Uzbekistan (X%) and Belarus (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2023. By contrast, Kazakhstan (X%) illustrated a downward trend over the same period. Belarus (X p.p.) and Uzbekistan (X p.p.) significantly strengthened its position in terms of the total imports, while Kazakhstan and Russia saw its share reduced by X% and X% from 2012 to 2023, respectively.
In value terms, Russia ($X) constitutes the largest market for imported power tools in the CIS, comprising X% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a X% share of total imports. It was followed by Belarus, with a X% share.
In Russia, power tool imports remained relatively stable over the period from 2012-2023. In the other countries, the average annual rates were as follows: Kazakhstan (X% per year) and Belarus (X% per year).
Import Prices by Country
The import price in the CIS stood at $X per unit in 2023, growing by X% against the previous year. In general, the import price, however, continues to indicate a pronounced reduction. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Russia ($X per unit), while Belarus ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced mixed trends in the import price figures.
Source: IndexBox Platform
This report provides an in-depth analysis of the power tool market in CIS. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28241113 - Electromechanical hand drills operated without an external source of power
- Prodcom 28241115 - Electropneumatic drills of all kinds for working in the hand
- Prodcom 28241117 - Electromechanical hand drills of all kinds (excluding those operated without an external source of power, e lectropneumatic)
- Prodcom 28241120 - Electromechanical hand tools operated without an external source of power (excluding drills, saws )
- Prodcom 28241123 - Electromechanical chainsaws
- Prodcom 28241125 - Electromechanical circular saws
- Prodcom 28241127 - Electromechanical handsaws (excluding chainsaws, circular saws)
- Prodcom 28241133 -
- Prodcom 28241135 -
- Prodcom 28241150 - Grinders, sanders and planers, for working in the hand, with self-contained electric motor, operating with an external source of power
- Prodcom 28241180 - Electromechanical hedge trimmers and lawn edge cutters
- Prodcom 28241185 - Electromechanical hand tools, with self-contained electric motor operating with an external source of power (excluding saws, drills, grinders, sanders, planers, hedge trimmers and lawn edge cutters)
- Prodcom 28241190 -
Country coverage:
- Armenia
- Azerbaijan
- Belarus
- Kazakhstan
- Kyrgyzstan
- Moldova
- Russia
- Tajikistan
- Uzbekistan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in CIS, split by region and country
- Trade (exports and imports) in CIS
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Armenia
- Azerbaijan
- Belarus
- Kazakhstan
- Kyrgyzstan
- Moldova
- Russia
- Tajikistan
- Uzbekistan
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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