Central Asia: Market for In-Hand Motor Grinders, Sanders And Planers 2024

Market Size for In-Hand Motor Grinders, Sanders And Planers in Central Asia

In 2021, the Central Asian market for in-hand motor grinders, sanders and planers increased by 43% to $X, rising for the fourth consecutive year after four years of decline. Overall, consumption continues to indicate strong growth. Over the period under review, the market reached the peak level in 2021 and is likely to see gradual growth in years to come.

Production of In-Hand Motor Grinders, Sanders And Planers in Central Asia

In value terms, production of in-hand motor grinders, sanders and planers dropped to $X in 2021 estimated in export price. Overall, production, however, saw a measured expansion. The pace of growth appeared the most rapid in 2014 with an increase of 19,049%. As a result, production reached the peak level of $X. From 2015 to 2021, production of growth remained at a lower figure.

Exports of In-Hand Motor Grinders, Sanders And Planers

Exports in Central Asia

In 2021, the amount of in-hand motor grinders, sanders and planers exported in Central Asia skyrocketed to X units, rising by 16% compared with 2020 figures. Overall, exports showed a resilient increase. The pace of growth appeared the most rapid in 2015 with an increase of 38%. Over the period under review, the exports of attained the peak figure in 2021 and are likely to see gradual growth in the immediate term.

In value terms, exports of in-hand motor grinders, sanders and planers declined slightly to $X in 2021. Over the period under review, exports saw resilient growth. The most prominent rate of growth was recorded in 2017 when exports increased by 51% against the previous year. Over the period under review, the exports of attained the peak figure at $X in 2020, and then declined modestly in the following year.

Exports by Country

Kazakhstan prevails in planers structure, recording X units, which was approx. 96% of total exports in 2021. Uzbekistan (X units) followed a long way behind the leaders.

Kazakhstan was also the fastest-growing in terms of the in-hand motor grinders, sanders and planers exports, with a CAGR of +18.0% from 2012 to 2021. At the same time, Uzbekistan (+7.6%) displayed positive paces of growth. From 2012 to 2021, the share of Kazakhstan increased by +2.7 percentage points.

In value terms, Kazakhstan ($X) remains the largest electromechanical tools for working in the hand, with self-contained electric motor supplier in Central Asia, comprising 95% of total exports. The second position in the ranking was held by Uzbekistan ($X), with a 2.6% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Kazakhstan totaled +19.6%.

Export Prices by Country

The export price in Central Asia stood at $X per unit in 2021, with a decrease of -14.2% against the previous year. Over the last nine years, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2013 when the export price increased by 50%. Over the period under review, the export prices reached the peak figure at $X per unit in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was Uzbekistan ($X per unit), while Kazakhstan amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (+1.4%).

Imports of In-Hand Motor Grinders, Sanders And Planers

Imports in Central Asia

In 2021, supplies from abroad of in-hand motor grinders, sanders and planers increased by 28% to X units, rising for the fourth year in a row after four years of decline. In general, imports recorded a resilient increase. The growth pace was the most rapid in 2020 when imports increased by 141% against the previous year. Over the period under review, imports of hit record highs in 2021 and are likely to see gradual growth in years to come.

In value terms, imports of in-hand motor grinders, sanders and planers soared to $X in 2021. Over the period under review, imports saw a strong expansion. The pace of growth was the most pronounced in 2020 when imports increased by 100% against the previous year. The level of import peaked in 2021 and is expected to retain growth in the near future.

Imports by Country

In 2021, Kazakhstan (X units) was the key importer of in-hand motor grinders, sanders and planers, generating 78% of total imports. It was distantly followed by Uzbekistan (X units), comprising an 11% share of total imports. Turkmenistan (X units), Tajikistan (X units), Kyrgyzstan (X units) and Mongolia (X units) took a relatively small share of total imports.

Imports into Kazakhstan increased at an average annual rate of +8.7% from 2012 to 2021. At the same time, Uzbekistan (+34.3%), Tajikistan (+17.2%), Kyrgyzstan (+16.7%), Turkmenistan (+10.5%) and Mongolia (+6.9%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +34.3% from 2012-2021. From 2012 to 2021, the share of Uzbekistan increased by +11 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported in-hand motor grinders, sanders and planers in Central Asia, comprising 73% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a 16% share of total imports. It was followed by Tajikistan, with a 3.7% share.

In Kazakhstan, imports of in-hand motor grinders, sanders and planers expanded at an average annual rate of +5.3% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (+52.5% per year) and Tajikistan (+18.1% per year).

Import Prices by Country

The import price in Central Asia stood at $X per unit in 2021, picking up by 11% against the previous year. Over the period under review, the import price, however, recorded a pronounced decline. The most prominent rate of growth was recorded in 2015 an increase of 42% against the previous year. The level of import peaked at $X per unit in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Uzbekistan ($X per unit), while Kyrgyzstan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+13.5%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :