Price for Tools, Hand; Other than Household Tools in Russia - 2022

Contents:

  1. Price for Tools, Hand; Other than Household Tools in Russia (CIF) - 2022
  2. Price for Tools, Hand; Other than Household Tools in Russia (FOB) - 2022
  3. Imports of Tools, Hand; Other than Household Tools in Russia
  4. Exports of Tools, Hand; Other than Household Tools in Russia

Price for Tools, Hand; Other than Household Tools in Russia (CIF) - 2022

The average import price for tools, hand; other than household toolses stood at $5,746 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the import price, however, recorded a mild downturn. The growth pace was the most rapid in 2019 an increase of 8.2%. Over the period under review, average import prices attained the peak figure at $6,834 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($28,122 per ton), while the price for India ($2,956 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tools, Hand; Other than Household Tools in Russia (FOB) - 2022

In 2022, the average export price for tools, hand; other than household toolses amounted to $6,330 per ton, surging by 31% against the previous year. In general, the export price, however, saw a pronounced descent. The pace of growth was the most pronounced in 2018 an increase of 34% against the previous year. The export price peaked at $9,335 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 India ($10,618 per ton), while the average price for exports to Ukraine ($4,624 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 Azerbaijan (+4.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Tools, Hand; Other than Household Tools in Russia

In 2022, supplies from abroad of tools, hand; other than household toolses decreased by -11.1% to 16K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +6.5% 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 25%. As a result, imports reached the peak of 18K tons, and then dropped in the following year.

In value terms, imports of tools, hand; other than household toolses fell to $91M in 2022. The total import value increased at an average annual rate of +4.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 30%. As a result, imports reached the peak of $102M, and then reduced in the following year.

Import of Tools, Hand; Other than Household Tools in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China29.835.148.555.523.0%
Taiwan (Chinese)18.817.521.521.34.2%
Germany9.07.98.73.3-28.4%
Poland2.93.14.12.3-7.4%
India0.30.30.40.838.7%
Belarus2.72.84.6N/A30.5%
Others15.611.814.07.6-21.3%
Total79.278.510290.94.7%

Top Suppliers of Tools, Hand; Other than Household Tools to Russia in 2022:

  1. China (12.8K tons)
  2. Taiwan (Chinese) (1.9K tons)
  3. Poland (0.3K tons)
  4. India (0.3K tons)
  5. Germany (0.1K tons)

Exports of Tools, Hand; Other than Household Tools in Russia

In 2022, exports of tools, hand; other than household toolses from Russia dropped remarkably to 1.1K tons, with a decrease of -62.9% on 2021 figures. In general, exports continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 43% against the previous year. As a result, the exports reached the peak of 2.9K tons, and then fell rapidly in the following year.

In value terms, exports of tools, hand; other than household toolses shrank dramatically to $6.9M in 2022. Over the period under review, exports saw a abrupt decrease. The pace of growth was the most pronounced in 2021 when exports increased by 56% against the previous year. As a result, the exports reached the peak of $14M, and then reduced rapidly in the following year.

Export of Tools, Hand; Other than Household Tools in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan4.65.58.55.13.5%
IndiaN/AN/AN/A0.40%
Latvia0.1N/A0.20.226.0%
Armenia0.50.20.20.2-26.3%
Azerbaijan0.1N/A0.10.10.0%
Belarus2.32.03.0N/A14.2%
Ukraine0.40.40.3N/A-13.4%
Others1.11.11.90.9-6.5%
Total9.19.114.26.9-8.8%

Top Export Markets for Tools, Hand; Other than Household Tools from Russia in 2022:

  1. Kazakhstan (923.1 tons)
  2. India (41.7 tons)
  3. Armenia (28.0 tons)
  4. Azerbaijan (16.4 tons)
  5. Latvia (16.4 tons)
  6. Ukraine (5.6 tons)

Source: IndexBox Market Intelligence Platform

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