Russian Federation - Metal Cutting Shears And Similar Hand Tools - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Russian Federation - Metal Cutting Shears And Similar Hand Tools - Market Analysis, Forecast, Size, Trends And Insights

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Metal Cutting Shear Price in Russia - 2022

Contents:

  1. Metal Cutting Shear Price in Russia (CIF) - 2022
  2. Metal Cutting Shear Price in Russia (FOB) - 2022
  3. Metal Cutting Shear Imports in Russia
  4. Metal Cutting Shear Exports in Russia

Metal Cutting Shear Price in Russia (CIF) - 2022

In January 2022, the average metal cutting shear import price amounted to $8,498 per ton, reducing by -8.3% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2021 an increase of 29% month-to-month. The import price peaked at $10,040 per ton in October 2021; however, from November 2021 to January 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In January 2022, the country with the highest price was Belarus ($45,860 per ton), while the price for China ($7,431 per ton) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Belarus (+37.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Metal Cutting Shear Price in Russia (FOB) - 2022

In 2022, the average metal cutting shear export price amounted to $12,616 per ton, reducing by -5.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The pace of growth was the most pronounced in 2014 when the average export price increased by 45% against the previous year. Over the period under review, the average export prices hit record highs at $13,860 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Armenia ($24,501 per ton), while the average price for exports to Ukraine ($9,990 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Cutting Shear Imports in Russia

In 2022, imports of metal cutting shears and similar hand tools into Russia shrank to 768 tons, reducing by -6.1% against the previous year's figure. In general, imports recorded a noticeable slump. The most prominent rate of growth was recorded in 2021 when imports increased by 14% against the previous year.

In value terms, metal cutting shear imports fell to $6M in 2022. The total import value increased at an average annual rate of +1.4% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 28% against the previous year. As a result, imports reached the peak of $6.7M, and then reduced in the following year.

Import of Metal Cutting Shear in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,6112,3062,8864,83822.8%
Germany518479545174-30.5%
Turkey16790.663.2165-0.4%
Poland35438035279.1-39.3%
Taiwan (Chinese)5695211,126N/A40.7%
Belarus61.067.8101N/A28.7%
Others1,4941,4441,675762-20.1%
Total5,7755,2896,7486,0191.4%

Top Suppliers of Metal Cutting Shear to Russia in 2022:

  1. China (707.8 tons)
  2. Turkey (32.1 tons)
  3. Poland (4.3 tons)
  4. Germany (2.7 tons)

Metal Cutting Shear Exports in Russia

In 2022, shipments abroad of metal cutting shears and similar hand tools decreased by -9.7% to 50 tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +8.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 29%. As a result, the exports reached the peak of 55 tons, and then shrank in the following year.

In value terms, metal cutting shear exports reduced to $625K in 2022. The total export value increased at an average annual rate of +6.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 43% against the previous year. As a result, the exports attained the peak of $735K, and then shrank in the following year.

Export of Metal Cutting Shear in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belarus17214921428718.6%
Kazakhstan249247357237-1.6%
Ukraine32.154.786.435.83.7%
Armenia6.15.420.721.151.2%
Uzbekistan42.529.511.2N/A-48.7%
Others23.028.645.743.924.0%
Total5255157356256.0%

Top Export Markets for Metal Cutting Shear from Russia in 2022:

  1. Belarus (27.2 tons)
  2. Kazakhstan (16.4 tons)
  3. Ukraine (3.6 tons)
  4. Armenia (0.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal cutting shear market in the Russian Federation. 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 25733023 - Metal cutting shears and similar hand tools

Country coverage:

  • Russia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the Russian Federation
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 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. 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
  12. 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
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