Eastern Europe: Market for Pneumatic Or Hydraulic Hand Tools 2025

Market Size for Pneumatic Or Hydraulic Hand Tools in Eastern Europe

After two years of decline, the East European market for pneumatic or hydraulic hand tools increased by 27% to $X in 2021. Overall, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Pneumatic Or Hydraulic Hand Tools in Eastern Europe

In value terms, pneumatic or hydraulic hand tool production stood at $X in 2021 estimated in export price. Overall, production, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2015 with an increase of 92%. As a result, production attained the peak level of $X. From 2016 to 2021, production growth failed to regain momentum.

Exports of Pneumatic Or Hydraulic Hand Tools

Exports in Eastern Europe

In 2021, approx. X tons of pneumatic or hydraulic hand tools were exported in Eastern Europe; increasing by 38% compared with the year before. In general, exports recorded a resilient expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 38% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in the near future.

In value terms, pneumatic or hydraulic hand tool exports skyrocketed to $X in 2021. Total exports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Poland (X tons), distantly followed by the Czech Republic (X tons), Belarus (X tons), Russia (X tons) and Romania (X tons) represented the main exporters of pneumatic or hydraulic hand tools, together mixing up 83% of total exports. The following exporters - Hungary (X tons) and Bulgaria (X tons) - each amounted to an 8.7% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Belarus (with a CAGR of +26.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest pneumatic or hydraulic hand tool supplying countries in Eastern Europe were Poland ($X), the Czech Republic ($X) and Hungary ($X), with a combined 67% share of total exports. These countries were followed by Russia, Bulgaria, Romania and Belarus, which together accounted for a further 22%.

Bulgaria, with a CAGR of +25.3%, saw the highest rates of growth with regard to the value of exports, among 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, increasing by 3.2% against the previous year. Overall, the export price, however, showed a deep setback. The most prominent rate of growth was recorded in 2019 an increase of 5.6%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (+7.6%), while the other leaders experienced a decline in the export price figures.

Imports of Pneumatic Or Hydraulic Hand Tools

Imports in Eastern Europe

After two years of decline, purchases abroad of pneumatic or hydraulic hand tools increased by 29% to X tons in 2021. Total imports indicated a measured expansion from 2012 to 2021: its volume increased at an average annual rate of +4.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when imports increased by 44%. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, pneumatic or hydraulic hand tool imports skyrocketed to $X in 2021. Total imports indicated a modest expansion from 2012 to 2021: its value increased at an average annual rate of +1.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Russia was the main importer of pneumatic or hydraulic hand tools in Eastern Europe, with the volume of imports accounting for X tons, which was near 41% of total imports in 2021. It was distantly followed by Poland (X tons), Ukraine (X tons), Romania (X tons) and the Czech Republic (X tons), together making up a 44% share of total imports. Belarus (X tons) and Hungary (X tons) took a relatively small share of total imports.

Imports into Russia increased at an average annual rate of +2.7% from 2012 to 2021. At the same time, Romania (+16.2%), Belarus (+14.9%), Hungary (+11.2%), Poland (+8.5%) and the Czech Republic (+4.4%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +16.2% from 2012-2021. By contrast, Ukraine (-4.1%) illustrated a downward trend over the same period. Romania (+6.2 p.p.), Poland (+5.2 p.p.), Belarus (+2.2 p.p.) and Hungary (+1.5 p.p.) significantly strengthened its position in terms of the total imports, while Russia and Ukraine saw its share reduced by -6.2% and -12.3% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X), Poland ($X) and the Czech Republic ($X) were the countries with the highest levels of imports in 2021, together accounting for 65% of total imports. These countries were followed by Romania, Ukraine, Hungary and Belarus, which together accounted for a further 23%.

In terms of the main importing countries, Romania, with a CAGR of +8.4%, recorded the highest growth rate of the value of imports, 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, increasing by 2.4% against the previous year. Over the period under review, the import price, however, saw a noticeable reduction. The most prominent rate of growth was recorded in 2018 an increase of 5.3%. Over the period under review, import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ukraine (+3.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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