Kazakhstan: Hand Tools Market Overview 2020

Hand Tools Market Size in Kazakhstan

The revenue of the hand tools market in Kazakhstan amounted to $X in 2018, shrinking by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, hand tools consumption, however, continues to indicate modest growth. The pace of growth was the most pronounced in 2017 with an increase of X% y-o-y. In that year, the hand tools market reached its peak level of $X, and then declined slightly in the following year.

Hand Tools Exports

Exports from Kazakhstan

In 2018, approx. X tonnes of hand tools were exported from Kazakhstan; rising by X% against the previous year. Over the period under review, hand tools exports continue to indicate strong growth. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, hand tools exports attained their peak figure at X tonnes in 2016; however, from 2017 to 2018, exports stood at a somewhat lower figure.

In value terms, hand tools exports totaled $X in 2018. Overall, hand tools exports continue to indicate a remarkable expansion. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Over the period under review, hand tools exports attained their peak figure at $X in 2015; however, from 2016 to 2018, exports failed to regain their momentum.

Exports by Country

Russia (X tonnes) was the main destination for hand tools exports from Kazakhstan, with a X% share of total exports. It was followed by Kyrgyzstan (X tonnes), with a X% share of total exports.

From 2007 to 2018, the average annual rate of growth in terms of volume to Russia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (+X% per year) and Tajikistan (+X% per year).

In value terms, Russia ($X) remains the key foreign market for hand tools exports from Kazakhstan, comprising X% of total hand tools exports. The second position in the ranking was occupied by Kyrgyzstan ($X), with a X% share of total exports.

From 2007 to 2018, the average annual rate of growth in terms of value to Russia totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (+X% per year) and Tajikistan (+X% per year).

Export Prices by Country

The average hand tools export price stood at $X per tonne in 2018, growing by X% against the previous year. Overall, the hand tools export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of X% year-to-year. Over the period under review, the average export prices for hand tools reached their maximum at $X per tonne in 2009; however, from 2010 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Kyrgyzstan ($X per tonne), while the average price for exports to Russia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan, while the prices for the other major destinations experienced a decline.

Hand Tools Imports

Imports into Kazakhstan

In 2018, the imports of hand tools into Kazakhstan amounted to X tonnes, dropping by -X% against the previous year. In general, hand tools imports, however, continue to indicate temperate growth. The growth pace was the most rapid in 2011 when imports increased by X% against the previous year. Over the period under review, hand tools imports attained their maximum at X tonnes in 2017, and then declined slightly in the following year.

In value terms, hand tools imports amounted to $X in 2018. Over the period under review, hand tools imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 when imports increased by X% y-o-y. Imports peaked at $X in 2017, and then declined slightly in the following year.

Imports by Country

In 2018, China (X tonnes) constituted the largest supplier of hand tools to Kazakhstan, with a X% share of total imports. Moreover, hand tools imports from China exceeded the figures recorded by the second-largest supplier, Russia (X tonnes), threefold.

From 2007 to 2018, the average annual growth rate of volume from China amounted to +X%.

In value terms, China ($X) constituted the largest supplier of hand tools to Kazakhstan, comprising X% of total hand tools imports. The second position in the ranking was occupied by Russia ($X), with a X% share of total imports.

From 2007 to 2018, the average annual rate of growth in terms of value from China amounted to +X%.

Import Prices by Country

In 2018, the average hand tools import price amounted to $X per tonne, waning by -X% against the previous year. Over the period under review, the hand tools import price continues to indicate a slight deduction. The growth pace was the most rapid in 2010 when the average import price increased by X% year-to-year. Over the period under review, the average import prices for hand tools reached their peak figure at $X per tonne in 2008; however, from 2009 to 2018, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2018, the country with the highest price was China ($X per tonne), while the price for Russia stood at $X per tonne.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Russia.

Source: IndexBox AI Platform