Eastern Europe: Household Hand Tools Market 2025

Household Hand Tools Market Size in Eastern Europe

In 2021, the East European household hand tools market increased by 14% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of +3.0% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Household Hand Tools Production in Eastern Europe

In value terms, household hand tools production shrank modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.0% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when the production volume increased by 16%. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Household Hand Tools Exports

Exports in Eastern Europe

In 2021, approx. X tons of household hand tools were exported in Eastern Europe; increasing by 17% on the year before. Over the period under review, exports showed a buoyant increase. The most prominent rate of growth was recorded in 2018 with an increase of 48% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are likely to see gradual growth in years to come.

In value terms, household hand tools exports skyrocketed to $X in 2021. Overall, exports posted a significant expansion. The pace of growth was the most pronounced in 2016 with an increase of 53% against the previous year. The level of export peaked in 2021 and is likely to see gradual growth in the near future.

Exports by Country

The shipments of the three major exporters of household hand tools, namely Belarus, Poland and the Czech Republic, represented more than two-thirds of total export. Slovakia (X tons) took the next position in the ranking, followed by Ukraine (X tons) and Bulgaria (X tons). All these countries together held near 22% share of total exports. Russia (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Bulgaria (with a CAGR of +70.8%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the Czech Republic ($X) and Slovakia ($X) appeared to be the countries with the highest levels of exports in 2021, together accounting for 86% of total exports. These countries were followed by Belarus, Russia, Bulgaria and Ukraine, which together accounted for a further 8.2%.

Bulgaria, with a CAGR of +58.3%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Eastern Europe amounted to $X per ton, with an increase of 11% against the previous year. Export price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +6.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, household hand tools export price increased by +26.9% against 2019 indices. The growth pace was the most rapid in 2015 an increase of 28% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Poland ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+14.8%), while the other leaders experienced more modest paces of growth.

Household Hand Tools Imports

Imports in Eastern Europe

In 2021, approx. X tons of household hand tools were imported in Eastern Europe; picking up by 17% against 2020. Total imports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +5.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +129.0% against 2015 indices. The pace of growth appeared the most rapid in 2016 with an increase of 58% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to continue growth in the immediate term.

In value terms, household hand tools imports surged to $X in 2021. In general, imports continue to indicate buoyant growth. The growth pace was the most rapid in 2016 when imports increased by 126% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the near future.

Imports by Country

Russia was the major importer of household hand tools in Eastern Europe, with the volume of imports amounting to X tons, which was near 34% of total imports in 2021. Poland (X tons) took an 18% share (based on physical terms) of total imports, which put it in second place, followed by Belarus (10%), the Czech Republic (8.1%), Romania (7.9%), Ukraine (6.5%), Slovakia (6.1%) and Hungary (4.7%).

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Belarus (with a CAGR of +38.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest household hand tools importing markets in Eastern Europe were Poland ($X), Russia ($X) and the Czech Republic ($X), together accounting for 70% of total imports. These countries were followed by Slovakia, Romania, Hungary, Ukraine and Belarus, which together accounted for a further 25%.

Slovakia, with a CAGR of +22.0%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2021, growing by 15% against the previous year. Import price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +5.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, household hand tools import price increased by +36.2% against 2019 indices. The most prominent rate of growth was recorded in 2016 an increase of 42%. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+9.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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