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

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

In 2021, the CIS market for in-hand motor grinders, sanders and planers increased by 76% to $X, rising for the second year in a row after two years of decline. In general, consumption enjoyed a resilient expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

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

In value terms, production of in-hand motor grinders, sanders and planers shrank to $X in 2021 estimated in export price. Over the period under review, production, however, posted a noticeable expansion. The most prominent rate of growth was recorded 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 somewhat lower figure.

Exports of In-Hand Motor Grinders, Sanders And Planers

Exports in CIS

In 2021, shipments abroad of in-hand motor grinders, sanders and planers increased by 79% to X units, rising for the fifth consecutive year after three years of decline. In general, exports showed slight growth. Over the period under review, the exports of attained the peak figure at X units in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, exports of in-hand motor grinders, sanders and planers skyrocketed to $X in 2021. Over the period under review, exports showed temperate growth. The pace of growth was the most pronounced in 2019 with an increase of 59% against the previous year. The level of export peaked in 2021 and is likely to see gradual growth in years to come.

Exports by Country

The shipments of the two major exporters of in-hand motor grinders, sanders and planers, namely Russia and Belarus, represented more than two-thirds of total export.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Belarus (with a CAGR of +71.9%).

In value terms, Russia ($X) remains the largest electromechanical tools for working in the hand, with self-contained electric motor supplier in the CIS, comprising 85% of total exports. The second position in the ranking was taken by Belarus ($X), with a 13% share of total exports.

In Russia, exports of in-hand motor grinders, sanders and planers remained relatively stable over the period from 2012-2021.

Export Prices by Country

The export price in the CIS stood at $X per unit in 2021, declining by -15.8% against the previous year. Over the period under review, the export price, however, posted a mild increase. The growth pace was the most rapid in 2014 when the export price increased by 73%. Over the period under review, the export prices reached the maximum at $X per unit in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Russia ($X per unit), while Belarus totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+6.7%).

Imports of In-Hand Motor Grinders, Sanders And Planers

Imports in CIS

In 2021, imports of in-hand motor grinders, sanders and planers in the CIS skyrocketed to X units, jumping by 72% compared with the year before. In general, imports showed a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of in-hand motor grinders, sanders and planers surged to $X in 2021. Overall, imports saw a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Russia prevails in planers structure, accounting for X units, which was near 83% of total imports in 2021. It was distantly followed by Kazakhstan (X units) and Belarus (X units), together committing a 14% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to electromechanical tools for working in the hand, with self-contained electric motor imports into Russia stood at +11.7%. At the same time, Belarus (+18.5%) and Kazakhstan (+8.7%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing importer imported in the CIS, with a CAGR of +18.5% from 2012-2021. Belarus (+2.7 p.p.) significantly strengthened its position in terms of the total imports, while Russia and Kazakhstan saw its share reduced by -2.1% and -2.2% from 2012 to 2021, respectively.

In value terms, Russia ($X) constitutes the largest market for imported in-hand motor grinders, sanders and planers in the CIS, comprising 84% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a 6.7% share of total imports.

In Russia, imports of in-hand motor grinders, sanders and planers increased at an average annual rate of +6.9% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (+5.3% per year) and Belarus (+5.6% per year).

Import Prices by Country

The import price in the CIS stood at $X per unit in 2021, increasing by 4.4% against the previous year. In general, the import price, however, recorded a noticeable setback. The most prominent rate of growth was recorded in 2017 an increase of 9.2% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, the country with the highest price was Russia ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (-3.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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