Report Update: Apr 1, 2024

Belarus - Hand Tools - Market Analysis, Forecast, Size, Trends And Insights

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Hand Tools Price in Belarus - 2022

Hand Tools Price in Belarus (CIF) - 2022

The average hand tools import price stood at $5,191 per ton in March 2022, with a decrease of -8.6% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2021 when the average import price increased by 40% m-o-m. As a result, import price reached the peak level of $7,158 per ton. From October 2021 to March 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Poland ($9,830 per ton), while the price for China ($4,085 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 Poland (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Hand Tools Price in Belarus (FOB) - 2022

The average hand tools export price stood at $6,634 per ton in March 2022, rising by 16% against the previous month. In general, export price indicated a pronounced increase from March 2021 to March 2022: its price increased at an average monthly rate of +3.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, hand tools export price increased by +15.6% against February 2022 indices. The most prominent rate of growth was recorded in September 2021 an increase of 66% m-o-m. As a result, the export price attained the peak level of $6,723 per ton. From October 2021 to March 2022, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In March 2022, the country with the highest price was the Netherlands ($9,988 per ton), while the average price for exports to Russia ($4,537 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 Russia (+3.2%), while the prices for the other major destinations experienced mixed trend patterns.

Hand Tools Imports in Belarus

In 2022, hand tools imports into Belarus fell to 13K tons, with a decrease of -11% compared with the previous year's figure. Overall, imports continue to indicate a pronounced descent. The most prominent rate of growth was recorded in 2021 when imports increased by 1.1% against the previous year.

In value terms, hand tools imports dropped modestly to $78M in 2022. The total import value increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of 18%. As a result, imports reached the peak of $78M, leveling off in the following year.

Import of Hand Tools in Belarus (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	27.5	27.5	30.6	31.2	4.3%
Russia	12.8	11.5	17.0	15.8	7.3%
Poland	6.7	6.8	9.1	8.5	8.3%
Taiwan (Chinese)	4.2	3.4	2.6	3.4	-6.8%
India	1.9	1.2	1.7	1.7	-3.6%
Ukraine	0.3	0.5	0.4	0.4	10.1%
Others	18.2	15.5	17.0	16.7	-2.8%
Total	71.6	66.2	78.3	77.8	2.8%

Top Suppliers of Hand Tools to Belarus in 2022:

China (7.9K tons)
Russia (2.2K tons)
Poland (1.2K tons)
Taiwan (Chinese) (0.5K tons)
India (0.4K tons)
Ukraine (0.2K tons)

Hand Tools Exports in Belarus

In 2022, after three years of growth, there was significant decline in overseas shipments of hand tools, when their volume decreased by -20.3% to 9.9K tons. Over the period under review, exports showed a pronounced reduction. The pace of growth was the most pronounced in 2021 with an increase of 5%. As a result, the exports attained the peak of 12K tons, and then dropped significantly in the following year.

In value terms, hand tools exports contracted modestly to $60M in 2022. The total export value increased at an average annual rate of +9.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 32%. As a result, the exports reached the peak of $62M, and then contracted in the following year.

Export of Hand Tools in Belarus (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Russia	23.5	24.6	34.5	31.8	10.6%
Netherlands	19.4	18.5	21.7	23.1	6.0%
Kazakhstan	0.4	1.3	2.6	2.1	73.8%
Ukraine	0.5	0.9	1.1	1.0	26.0%
Others	1.9	1.7	2.3	2.1	3.4%
Total	45.8	47.0	62.1	60.1	9.5%

Top Export Markets for Hand Tools from Belarus in 2022:

Russia (6.9K tons)
Netherlands (2.2K tons)
Kazakhstan (0.3K tons)
Ukraine (0.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the hand tools market in Belarus. 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 25731010 - Spades and shovels
Prodcom 25731020 -
Prodcom 25731030 - Mattocks, picks, hoes and rakes
Prodcom 25731040 - Axes, bill hooks and similar hewing tools (excluding ice axes)
Prodcom 25731050 - Secateurs and similar one-handed pruners and shears (including poultry shears) (excluding secateur type scissors with secateur blades with finger rings, pruning knives)
Prodcom 25731060 - Hedge shears, two-handed pruning shears and similar twohanded shears
Prodcom 25731070 -
Prodcom 25732010 - Hand saws (excluding hand saws with a self-contained motor)
Prodcom 25732020 - Band saw blades
Prodcom 25732030 - Circular saw blades with steel working parts (including slotting or slitting saw blades)
Prodcom 25732050 - Circular saw blades with non-steel working parts (including slitting or slotting saw blades, parts)
Prodcom 25732093 - Straight saw blades for working metal
Prodcom 25732095 -
Prodcom 25732099 -
Prodcom 25733013 - Files, rasps and similar tools (excluding punches and files for machine tools)
Prodcom 25733015 -
Prodcom 25733017 -
Prodcom 25733023 - Metal cutting shears and similar hand tools
Prodcom 25733025 - Pipe-cutters, bolt croppers, perforating punches and similar tools excluding punches and files for machine tools, machinetype metal cutting shears and office perforating punches, t icket punches
Prodcom 25733033 - Non-adjustable hand-operated spanners and wrenches (including torque meter wrenches) (excluding tap wrenches)
Prodcom 25733035 - Adjustable hand-operated spanners and wrenches (including torque meter wrenches) (excluding tap wrenches)
Prodcom 25733037 - Interchangeable spanner sockets
Prodcom 25733053 - Drilling, threading or tapping hand tools excluding interchangeable hand tools, machine-tools or power-operated hand tools, pneumatic tools or hand tools with a selfcontained motor
Prodcom 25733055 - Hammers and sledge hammers with working part of metal
Prodcom 25733057 - Planes, chisels, gouges and similar cutting tools for working wood
Prodcom 25733063 - Screwdrivers
Prodcom 25733065 - Household hand tools
Prodcom 25733073 - Other tools for masons, moulders, cement workers, plasterers and painters
Prodcom 25733077 - Other hand tools (including cartridge operated riveting) w allplugging and similar hand tools
Prodcom 25733083 - Blow lamps (excluding gas-operated welding appliances)
Prodcom 25733085 - Vices, clamps and the like
Prodcom 25733087 - Anvils, portable forges, hand or pedal-operated grinding wheels with frameworks (excluding grindstones and the like presented separately)
Prodcom 25732097 - Saw blades with working part of base metal (excluding band saw blades, circular saw blades, musical saw blades)
Prodcom 25733016 - Pliers, including cutting pliers, pincers and tweezers for nonmedical use and similar hand tools, of base metal

Country coverage:

Belarus

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Belarus
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023