Price for Hand-Operated Spanners and Wrenches in Kazakhstan - 2021
Contents:
- Price for Hand-Operated Spanners and Wrenches in Kazakhstan (CIF) - 2022
- Price for Hand-Operated Spanners and Wrenches in Kazakhstan (FOB) - 2022
- Imports of Hand-Operated Spanners and Wrenches in Kazakhstan
- Exports of Hand-Operated Spanners and Wrenches in Kazakhstan
Price for Hand-Operated Spanners and Wrenches in Kazakhstan (CIF) - 2022
The average hand-operated spanners and wrenches import price stood at $4,969 per ton in 2022, growing by 24% against the previous year. In general, the import price, however, recorded a pronounced decrease. The import price peaked at $7,991 per ton in 2015; however, from 2016 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) ($15,087 per ton), while the price for China ($2,895 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+9.7%), while the prices for the other major suppliers experienced a decline.
Price for Hand-Operated Spanners and Wrenches in Kazakhstan (FOB) - 2022
In 2022, the average hand-operated spanners and wrenches export price amounted to $10,102 per ton, flattening at the previous year. In general, the export price, however, recorded a perceptible descent. The most prominent rate of growth was recorded in 2019 when the average export price increased by 152%. The export price peaked at $16,383 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($68,731 per ton), while the average price for exports to Russia ($4,926 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 Russia (+2.2%), while the prices for the other major destinations experienced a decline.
Imports of Hand-Operated Spanners and Wrenches in Kazakhstan
After three years of growth, overseas purchases of hand-operated spanners and wrencheses decreased by -12.6% to 2.8K tons in 2022. The total import volume increased at an average annual rate of +5.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 32%. As a result, imports reached the peak of 3.2K tons, and then reduced in the following year.
In value terms, hand-operated spanners and wrenches imports expanded sharply to $14M in 2022. The total import value increased at an average annual rate of +10.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 19%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the immediate term.
| Import of Hand-Operated Spanners and Wrenches in Kazakhstan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.2 | 5.8 | 6.9 | 6.6 | 16.3% |
| Russia | 2.4 | 2.4 | 3.0 | 3.0 | 7.7% |
| Taiwan (Chinese) | 0.5 | 0.5 | 0.5 | 1.2 | 33.9% |
| Belarus | 0.1 | 0.2 | 0.3 | 0.5 | 71.0% |
| United Arab Emirates | 0.7 | 0.3 | 0.5 | N/A | -15.5% |
| Others | 2.3 | 1.5 | 1.6 | 2.5 | 2.8% |
| Total | 10.3 | 10.7 | 12.7 | 13.8 | 10.2% |
Top Suppliers of Hand-Operated Spanners and Wrenches to Kazakhstan in 2022:
- China (2288.2 tons)
- Russia (304.1 tons)
- Taiwan (Chinese) (76.4 tons)
- Belarus (47.2 tons)
- United Arab Emirates (0.3 tons)
Exports of Hand-Operated Spanners and Wrenches in Kazakhstan
In 2022, exports of hand-operated spanners and wrencheses from Kazakhstan contracted slightly to 29 tons, reducing by -4.6% on 2021. In general, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +7.1% 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 +93.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 103% against the previous year. As a result, the exports reached the peak of 31 tons, and then contracted slightly in the following year.
In value terms, hand-operated spanners and wrenches exports declined to $297K in 2022. Over the period under review, exports continue to indicate a perceptible descent. The pace of growth appeared the most rapid in 2021 with an increase of 36% against the previous year.
| Export of Hand-Operated Spanners and Wrenches in Kazakhstan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 86.9 | 85.8 | 144 | 128 | 13.8% |
| United Arab Emirates | N/A | N/A | N/A | 52.4 | 0% |
| Kyrgyzstan | 20.1 | 6.9 | 6.5 | 20.9 | 1.3% |
| Germany | 75.5 | 52.4 | 33.3 | 20.2 | -35.6% |
| Turkey | 8.9 | 20.3 | 1.7 | 3.6 | -26.0% |
| Uzbekistan | 44.7 | 15.6 | 16.2 | 1.2 | -70.1% |
| Others | 107 | 47.9 | 109 | 70.5 | -13.0% |
| Total | 343 | 229 | 311 | 297 | -4.7% |
Top Export Markets for Hand-Operated Spanners and Wrenches from Kazakhstan in 2022:
- Uzbekistan (undefined tons)
- Russia (26.0 tons)
- Kyrgyzstan (0.9 tons)
- United Arab Emirates (0.8 tons)
- Turkey (0.2 tons)
- Germany (0.2 tons)
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