Report Update Apr 1, 2024

Belarus - Power Tools - Market Analysis, Forecast, Size, Trends and Insights

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Belarus: Power Tool Market 2024

Power Tool Market Size in Belarus

In 2022, the Belarusian power tool market decreased by X% to $X for the first time since 2018, thus ending a three-year rising trend. Over the period under review, consumption, however, recorded noticeable growth. Over the period under review, the market reached the peak level at $X in 2021, and then fell in the following year.

Power Tool Exports

Exports from Belarus

In 2022, approx. X units of power tools were exported from Belarus; waning by X% against the year before. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The exports peaked at X units in 2021, and then shrank in the following year.

In value terms, power tool exports dropped notably to $X in 2022. Over the period under review, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Russia (X units) was the main destination for power tool exports from Belarus, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Russia amounted to X%.

In value terms, Russia ($X) also remains the key foreign market for power tools exports from Belarus.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia totaled X%.

Export Prices by Country

In 2022, the average power tool export price amounted to $X per unit, waning by X% against the previous year. In general, the export price saw a abrupt downturn. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to X% per year.

Power Tool Imports

Imports into Belarus

After two years of growth, overseas purchases of power tools decreased by X% to X units in 2022. In general, imports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Imports peaked at X units in 2021, and then declined in the following year.

In value terms, power tool imports fell to $X in 2022. Over the period under review, total imports indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of X%. Imports peaked at $X in 2021, and then dropped in the following year.

Imports by Country

In 2022, China (X units) constituted the largest power tool supplier to Belarus, with a X% share of total imports. Moreover, power tool imports from China exceeded the figures recorded by the second-largest supplier, Russia (X units), fourfold. Malaysia (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and Malaysia (X% per year).

In value terms, the largest power tool suppliers to Belarus were Russia ($X), China ($X) and Germany ($X), together comprising X% of total imports.

Russia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average power tool import price amounted to $X per unit, remaining relatively unchanged against the previous year. In general, the import price, however, continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for power tools in the world?

The countries with the highest volumes of consumption in 2023 were China, the United States and India, with a combined 54% share of global consumption. Japan, Russia, Germany, Indonesia, France, the UK, Canada and Belgium lagged somewhat behind, together comprising a further 21%.

What are the largest producers of power tools in the world?

China remains the largest power tool producing country worldwide, accounting for 66% of total volume. Moreover, power tool production in China exceeded the figures recorded by the second-largest producer, India, ninefold. The United States ranked third in terms of total production with a 5.7% share.

What are the leading suppliers of power tools to Belarus?

In value terms, Russia, China and Germany constituted the largest power tool suppliers to Belarus, with a combined 88% share of total imports.

What are the leading importers of power tools from Belarus?

In value terms, Russia remains the key foreign market for power tools exports from Belarus.

What is the average export price for power tools in Belarus?

In 2022, the average power tool export price amounted to $9.7 per unit, shrinking by -27.4% against the previous year.

What is the average import price for power tools in Belarus?

The average power tool import price stood at $19 per unit in 2022, standing approx. at the previous year.

This report provides an in-depth analysis of the power tool 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 28241113 - Electromechanical hand drills operated without an external source of power
Prodcom 28241115 - Electropneumatic drills of all kinds for working in the hand
Prodcom 28241117 - Electromechanical hand drills of all kinds (excluding those operated without an external source of power, e lectropneumatic)
Prodcom 28241120 - Electromechanical hand tools operated without an external source of power (excluding drills, saws )
Prodcom 28241123 - Electromechanical chainsaws
Prodcom 28241125 - Electromechanical circular saws
Prodcom 28241127 - Electromechanical handsaws (excluding chainsaws, circular saws)
Prodcom 28241133 -
Prodcom 28241135 -
Prodcom 28241150 - Grinders, sanders and planers, for working in the hand, with self-contained electric motor, operating with an external source of power
Prodcom 28241180 - Electromechanical hedge trimmers and lawn edge cutters
Prodcom 28241185 - Electromechanical hand tools, with self-contained electric motor operating with an external source of power (excluding saws, drills, grinders, sanders, planers, hedge trimmers and lawn edge cutters)
Prodcom 28241190 -

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