Central Asia: Hand Tools Market 2020

Hand Tools Market Size in Central Asia

The revenue of the hand tools market in Central Asia amounted to $X in 2017, reducing by -X% against the previous year. The hand tools consumption continues to indicate an abrupt reduction. The most prominent rate of growth was recorded in 2015, when it surged by X% year-to-year. Over the period under review, the hand tools market attained its peak figure level of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Hand Tools Production in Central Asia

In 2017, the amount of pneumatic tools for working in the hand produced in Central Asia amounted to X units, jumping by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2013, when the output figure increased by X% against the previous year. The volume of hand tools production peaked in 2017, and is expected to retain its growth in the immediate term.

Hand Tools Exports in Central Asia

The exports amounted to X units in 2017, surging by X% against the previous year. The hand tools exports continue to indicate a skyrocketing increase. The most prominent rate of growth was recorded in 2010, when exports increased by X% against the previous year. Over the period under review, the hand tools exports attained its peak figure volume in 2017, and are expected to retain its growth in the near future.

In value terms, hand tools exports amounted to $X in 2017. The hand tools exports continue to indicate a remarkable expansion. The level of exports peaked of $X in 2016, and then declined slightly in the following year.

Hand Tools Exports by Country in Central Asia

Kazakhstan prevails in hand tools exports structure, resulting at X units, which was approx. X% of total exports in 2017. Mongolia (X units) followed a long way behind the leaders.

Kazakhstan was also the fastest growing in terms of the pneumatic tools for working in the hand exports, with a CAGR of +X% from 2007 to 2017. At the same time, Mongolia (+X%) displayed positive paces of growth. Mongolia (-X%) and Kazakhstan (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) remains the largest hand tools supplier in Central Asia, making up X% of global exports. The second position in the ranking was occupied by Mongolia ($X), with a X% share of global exports.

In Kazakhstan, hand tools exports expanded at an average annual rate of +X% over the period from 2007-2017.

Hand Tools Export Prices by Country in Central Asia

In 2017, the hand tools export price in Central Asia amounted to $X per unit, falling by -X% against the previous year. The hand tools export price continues to indicate a drastic deduction. The most prominent rate of growth was recorded in 2014, when it surged by X% against the previous year. The level of export price peaked of $X thousand per unit in 2009; however, from 2010 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Mongolia ($X thousand per unit), while Kazakhstan ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Mongolia (+X% per year).

Hand Tools Imports in Central Asia

In 2017, imports of pneumatic tools for working in the hand in Central Asia amounted to X units, approximately reflecting the previous year. The hand tools imports continue to indicate a deep reduction. The growth pace was the most rapid in 2011, with an increase of X% against the previous year. Over the period under review, the hand tools imports attained its peak figure volume of X units in 2012; however, from 2013 to 2017, it failed to regain its momentum.

In value terms, hand tools imports stood at $X in 2017. The hand tools imports continue to indicate a deep decline. In that year, the hand tools imports attained their peak level of $X. From 2013 to 2017, growth of the hand tools imports stood at a somewhat lower level.

Hand Tools Imports by Country in Central Asia

Kazakhstan prevails in hand tools imports structure, finishing at X units, which was approx. X% of total imports in 2017. Kyrgyzstan (X units) occupied the weak share of total imports.

From 2007 to 2017, average annual rates of growth with regard to hand tools imports into Kazakhstan stood at -X%. At the same time, Kyrgyzstan (+X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest growing importer in Central Asia, with a CAGR of +X% from 2007-2017. Kazakhstan (X%) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported pneumatic tools for working in the hand in Central Asia, making up X% of global imports. The second position in the ranking was occupied by Kyrgyzstan ($X), with a X% share of global imports.

From 2007 to 2017, the average annual rate of growth in terms of value in Kazakhstan stood at -X%.

Hand Tools Import Prices by Country in Central Asia

The hand tools import price in Central Asia stood at $X per unit in 2017, shrinking by -X% against the previous year. The hand tools import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, when it surged by X% year-to-year. In that year, the import prices for pneumatic tools for working in the hand attained their peak level of $X per unit. From 2011 to 2017, growth of the import prices for pneumatic tools for working in the hand stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Kyrgyzstan ($X per unit), while Kazakhstan ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Kazakhstan (-X% per year).

Source: IndexBox Platform