Kazakhstan: Market for In-Hand Motor Grinders, Sanders And Planers 2024

Market Size for In-Hand Motor Grinders, Sanders And Planers in Kazakhstan

In 2021, the Kazakh market for in-hand motor grinders, sanders and planers increased by 41% to $X, rising for the fourth year in a row after three years of decline. Over the period under review, consumption recorded a strong expansion. Consumption of peaked in 2021 and is expected to retain growth in years to come.

Exports of In-Hand Motor Grinders, Sanders And Planers

Exports from Kazakhstan

For the eighth consecutive year, Kazakhstan recorded growth in overseas shipments of in-hand motor grinders, sanders and planers, which increased by 15% to X units in 2021. In general, exports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of 48%. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, exports of in-hand motor grinders, sanders and planers contracted modestly to $X in 2021. Overall, exports saw strong growth. The growth pace was the most rapid in 2017 when exports increased by 48%. The exports peaked at $X in 2020, and then fell in the following year.

Exports by Country

Uzbekistan (X units) was the main destination for exports of in-hand motor grinders, sanders and planers from Kazakhstan, accounting for a 62% share of total exports. Moreover, exports of in-hand motor grinders, sanders and planers to Uzbekistan exceeded the volume sent to the second major destination, Russia (X units), twofold. Turkmenistan (X units) ranked third in terms of total exports with a 6.7% share.

From 2012 to 2021, the average annual growth rate of volume to Uzbekistan totaled +143.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+1.8% per year) and Turkmenistan (+124.4% per year).

In value terms, Uzbekistan ($X) remains the key foreign market for electromechanical tools for working in the hand, with self-contained electric motor exports from Kazakhstan, comprising 59% of total exports. The second position in the ranking was held by Russia ($X), with a 20% share of total exports. It was followed by Turkmenistan, with a 9.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Uzbekistan stood at +126.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+0.8% per year) and Turkmenistan (+155.3% per year).

Export Prices by Country

The average export price for in-hand motor grinders, sanders and planers stood at $X per unit in 2021, reducing by -14.9% against the previous year. Over the last nine years, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 53% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Mongolia ($X per unit), while the average price for exports to Russia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Turkmenistan (+6.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of In-Hand Motor Grinders, Sanders And Planers

Imports into Kazakhstan

In 2021, supplies from abroad of in-hand motor grinders, sanders and planers increased by 43% to X units, rising for the fourth consecutive year after three years of decline. Overall, imports showed a buoyant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 359% against the previous year. Over the period under review, imports of attained the peak figure in 2021 and are likely to continue growth in the immediate term.

In value terms, imports of in-hand motor grinders, sanders and planers surged to $X in 2021. In general, imports recorded a prominent expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 164% against the previous year. Imports peaked in 2021 and are likely to continue growth in years to come.

Imports by Country

In 2021, China (X units) constituted the largest supplier of electromechanical tools for working in the hand, with self-contained electric motor to Kazakhstan, with a 88% share of total imports. Moreover, imports of in-hand motor grinders, sanders and planers from China exceeded the figures recorded by the second-largest supplier, Russia (X units), tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +8.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+23.8% per year) and Germany (+4.4% per year).

In value terms, China ($X) constituted the largest supplier of electromechanical tools for working in the hand, with self-contained electric motor to Kazakhstan, comprising 73% of total imports. The second position in the ranking was taken by Russia ($X), with a 19% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +5.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+17.8% per year) and Germany (-0.7% per year).

Import Prices by Country

The average import price for in-hand motor grinders, sanders and planers stood at $X per unit in 2021, dropping by -3.6% against the previous year. Over the period under review, the import price recorded a noticeable decline. The most prominent rate of growth was recorded in 2015 an increase of 53%. The import price peaked at $X per unit in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, 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 2021, the most notable rate of growth in terms of prices was attained by China (-2.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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