CIS: Garden Tool Market 2024

Garden Tool Market Size in CIS

The CIS garden tool market rose to $X in 2023, growing by X% against the previous year. In general, consumption, however, continues to indicate a slight slump. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Garden Tool Production in CIS

In value terms, garden tool production rose to $X in 2023 estimated in export price. Overall, production, however, continues to indicate a mild setback. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.

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Garden Tool Exports

Exports in CIS

In 2023, the amount of garden tools exported in the CIS surged to X tons, increasing by X% against the previous year. Overall, exports, however, continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, garden tool exports skyrocketed to $X in 2023. In general, exports, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2019 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

Russia was the key exporting country with an export of about X tons, which amounted to X% of total exports. Belarus (X tons) held the second position in the ranking, followed by Uzbekistan (X tons). All these countries together took near X% share of total exports. Armenia (X tons) took a relatively small share of total exports.

Exports from Russia decreased at an average annual rate of X% from 2012 to 2023. At the same time, Armenia (X%), Belarus (X%) and Uzbekistan (X%) displayed positive paces of growth. Moreover, Armenia emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2023. Belarus (X p.p.), Uzbekistan (X p.p.) and Armenia (X p.p.) significantly strengthened its position in terms of the total exports, while Russia saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, Russia ($X) remains the largest garden tool supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Belarus ($X), with a X% share of total exports. It was followed by Uzbekistan, with a X% share.

In Russia, garden tool exports shrank by an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Belarus (X% per year) and Uzbekistan (X% per year).

Export Prices by Country

In 2023, the export price in the CIS amounted to $X per ton, with an increase of X% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of X%. The level of export peaked at $X per ton in 2019; however, from 2020 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Russia ($X per ton), while Armenia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced mixed trends in the export price figures.

Garden Tool Imports

Imports in CIS

In 2023, overseas purchases of garden tools decreased by X% to X tons, falling for the second consecutive year after five years of growth. Overall, imports recorded a noticeable setback. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

In value terms, garden tool imports declined to $X in 2023. In general, imports recorded a mild reduction. The growth pace was the most rapid in 2021 with an increase of X%. The level of import peaked at $X in 2013; however, from 2014 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, Russia (X tons) represented the largest importer of garden tools, creating X% of total imports. Uzbekistan (X tons) held the second position in the ranking, distantly followed by Kazakhstan (X tons), Azerbaijan (X tons) and Belarus (X tons). All these countries together held near X% share of total imports. Tajikistan (X tons) and Kyrgyzstan (X tons) followed a long way behind the leaders.

Imports into Russia decreased at an average annual rate of X% from 2012 to 2023. At the same time, Uzbekistan (X%), Tajikistan (X%) and Belarus (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2023. By contrast, Kazakhstan (X%), Azerbaijan (X%) and Kyrgyzstan (X%) illustrated a downward trend over the same period. While the share of Uzbekistan (X p.p.), Belarus (X p.p.), Tajikistan (X p.p.) and Kazakhstan (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Russia (X p.p.), Azerbaijan (X p.p.) and Kyrgyzstan (X p.p.) displayed negative dynamics.

In value terms, Russia ($X) constitutes the largest market for imported garden tools in the CIS, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total imports. It was followed by Belarus, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Russia amounted to X%. In the other countries, the average annual rates were as follows: Kazakhstan (X% per year) and Belarus (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2023, standing approx. at the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2023, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Russia ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Azerbaijan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform