Price for Agriculture or Forestry Hand Tools in Kazakhstan - 2021

Contents:

  1. Price for Agriculture or Forestry Hand Tools in Kazakhstan (CIF) - 2022
  2. Price for Agriculture or Forestry Hand Tools in Kazakhstan (FOB) - 2022
  3. Imports of Agriculture or Forestry Hand Tools in Kazakhstan
  4. Exports of Agriculture or Forestry Hand Tools in Kazakhstan

Price for Agriculture or Forestry Hand Tools in Kazakhstan (CIF) - 2022

In 2022, the average import price for agriculture or forestry hand toolses amounted to $2,268 per ton, dropping by -19.8% against the previous year. In general, the import price showed a mild descent. The growth pace was the most rapid in 2016 when the average import price increased by 46%. As a result, import price attained the peak level of $3,825 per ton. From 2017 to 2022, the average import prices failed to regain momentum.

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 Russia ($4,347 per ton), while the price for Vietnam ($800 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+4.9%).

Price for Agriculture or Forestry Hand Tools in Kazakhstan (FOB) - 2022

In 2022, the average export price for agriculture or forestry hand toolses amounted to $3,143 per ton, with an increase of 59% against the previous year. Over the period under review, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when the average export price increased by 86% against the previous year. As a result, the export price attained the peak level of $3,284 per ton. From 2018 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kyrgyzstan ($7,475 per ton), while the average price for exports to Russia ($1,709 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 Kyrgyzstan (+12.0%), while the prices for the other major destinations experienced a decline.

Imports of Agriculture or Forestry Hand Tools in Kazakhstan

In 2022, the amount of agriculture or forestry hand toolses imported into Kazakhstan was estimated at 3.4K tons, picking up by 3.5% on the previous year's figure. The total import volume increased at an average annual rate of +2.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 4.4%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, agriculture or forestry hand tools imports contracted dramatically to $7.7M in 2022. Over the period under review, imports, however, continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 3.5%. As a result, imports reached the peak of $11M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Agriculture or Forestry Hand Tools in Kazakhstan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8.98.96.15.0-17.5%
Russia1.71.92.32.310.6%
VietnamN/AN/AN/AN/A0%
Others0.40.61.00.40.0%
Total11.011.49.37.7-11.2%

Top Suppliers of Agriculture or Forestry Hand Tools to Kazakhstan in 2022:

  1. China (2741.1 tons)
  2. Russia (521.9 tons)
  3. Vietnam (51.3 tons)

Exports of Agriculture or Forestry Hand Tools in Kazakhstan

In 2022, after three years of growth, there was significant decline in overseas shipments of agriculture or forestry hand toolses, when their volume decreased by -75.7% to 17 tons. Overall, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2020 when exports increased by 52% against the previous year.

In value terms, agriculture or forestry hand tools exports fell notably to $52K in 2022. Over the period under review, exports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2020 with an increase of 58%.

Export of Agriculture or Forestry Hand Tools in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia21.810911522.30.8%
Kyrgyzstan36.024.615.118.4-20.0%
Uzbekistan7.40.4N/A1.4-42.6%
Tajikistan19.01.11.4N/A-72.9%
Others1.30.14.210.097.4%
Total85.413513552.1-15.2%

Top Export Markets for Agriculture or Forestry Hand Tools from Kazakhstan in 2022:

  1. Tajikistan (undefined tons)
  2. Russia (13.0 tons)
  3. Kyrgyzstan (2.5 tons)
  4. Uzbekistan (0.7 tons)

Source: IndexBox Market Intelligence Platform

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