Belarus: Market for Pneumatic Or Hydraulic Hand Tools 2025

Market Size for Pneumatic Or Hydraulic Hand Tools in Belarus

The Belarusian market for pneumatic or hydraulic hand tools expanded sharply to $X in 2021, growing by 8% against the previous year. Overall, consumption, however, continues to indicate a noticeable curtailment. Pneumatic or hydraulic hand tool consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Pneumatic Or Hydraulic Hand Tools in Belarus

In value terms, pneumatic or hydraulic hand tool production amounted to $X in 2021 estimated in export price. Over the period under review, production, however, saw a perceptible curtailment. The pace of growth was the most pronounced in 2019 when the production volume increased by 225%. Pneumatic or hydraulic hand tool production peaked at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.

Exports of Pneumatic Or Hydraulic Hand Tools

Exports from Belarus

After two years of decline, overseas shipments of pneumatic or hydraulic hand tools increased by 76% to X tons in 2021. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of 375%. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, pneumatic or hydraulic hand tool exports skyrocketed to $X in 2021. Overall, exports saw strong growth. The most prominent rate of growth was recorded in 2013 with an increase of 145% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

Exports by Country

Russia (X tons) was the main destination for pneumatic or hydraulic hand tool exports from Belarus, accounting for a approx. 97% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Russia stood at +26.7%.

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

From 2012 to 2021, the average annual rate of growth in terms of value to Russia amounted to +15.9%.

Export Prices by Country

The average export price for pneumatic or hydraulic hand tools stood at $X per ton in 2021, surging by 9.4% against the previous year. Over the period under review, the export price, however, recorded a abrupt downturn. The growth pace was the most rapid in 2019 when the average export price increased by 68%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for Russia amounted to -8.5% per year.

Imports of Pneumatic Or Hydraulic Hand Tools

Imports into Belarus

In 2021, overseas purchases of pneumatic or hydraulic hand tools were finally on the rise to reach X tons after two years of decline. Overall, imports enjoyed prominent growth. The most prominent rate of growth was recorded in 2013 with an increase of 167%. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, pneumatic or hydraulic hand tool imports skyrocketed to $X in 2021. Over the period under review, total imports indicated modest growth from 2012 to 2021: its value increased at an average annual rate of +1.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when imports increased by 54% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of pneumatic or hydraulic hand tool to Belarus, accounting for a 71% share of total imports. Moreover, pneumatic or hydraulic hand tool imports from China exceeded the figures recorded by the second-largest supplier, Russia (X tons), fourfold. The third position in this ranking was held by Germany (X tons), with a 3.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +19.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+28.6% per year) and Germany (-2.9% per year).

In value terms, China ($X) constituted the largest supplier of pneumatic or hydraulic hand tools to Belarus, comprising 46% of total imports. The second position in the ranking was taken by Russia ($X), with a 23% share of total imports. It was followed by Germany, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +7.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+13.7% per year) and Germany (-5.4% per year).

Import Prices by Country

In 2021, the average import price for pneumatic or hydraulic hand tools amounted to $X per ton, falling by -2.6% against the previous year. Over the period under review, the import price faced a abrupt setback. The most prominent rate of growth was recorded in 2019 an increase of 50%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (-2.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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