Kazakhstan: Non-Electric Motor Handtools Market 2024

Non-Electric Motor Handtools Market Size in Kazakhstan

The Kazakh non-electric motor handtools market soared to $X in 2022, jumping by 16% 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). In general, consumption posted resilient growth. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in years to come.

Non-Electric Motor Handtools Exports

Exports from Kazakhstan

In 2022, shipments abroad of handtools, hydraulic or with a self-contained non-electric motor increased by 234% to X units, rising for the third consecutive year after three years of decline. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 7,303% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, non-electric motor handtools exports skyrocketed to $X in 2022. In general, exports saw a significant increase. The growth pace was the most rapid in 2016 with an increase of 3,606%. The exports peaked in 2022 and are likely to see steady growth in years to come.

Exports by Country

The UK (X units), Russia (X units) and Australia (X units) were the main destinations of non-electric motor handtools exports from Kazakhstan, with a combined 90% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Australia (with a CAGR of +199.3%), while the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Russia ($X) and Australia ($X) were the largest markets for non-electric motor handtools exported from Kazakhstan worldwide, with a combined 94% share of total exports.

Among the main countries of destination, Australia, with a CAGR of +653.1%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average non-electric motor handtools export price amounted to $X per unit, with an increase of 74% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 87% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+151.6%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Electric Motor Handtools Imports

Imports into Kazakhstan

In 2022, approx. X units of handtools, hydraulic or with a self-contained non-electric motor were imported into Kazakhstan; jumping by 22% on 2021 figures. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2014 when imports increased by 91% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, non-electric motor handtools imports soared to $X in 2022. Over the period under review, imports saw a prominent expansion. The growth pace was the most rapid in 2019 with an increase of 53% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X units) was the main supplier of non-electric motor handtools to Kazakhstan, with a 92% share of total imports. It was followed by Germany (X units), with a 2.1% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China totaled +22.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+22.4% per year) and Russia (+1.3% per year).

In value terms, China ($X), Russia ($X) and Germany ($X) constituted the largest non-electric motor handtools suppliers to Kazakhstan, together accounting for 69% of total imports.

Among the main suppliers, Germany, with a CAGR of +16.4%, saw the highest rates of growth with regard to 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

In 2022, the average non-electric motor handtools import price amounted to $X per unit, increasing by 6.3% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2019 when the average import price increased by 24%. Over the period under review, average import prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+11.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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