Kazakhstan: Market for Pneumatic Or Hydraulic Hand Tools 2024

Market Size for Pneumatic Or Hydraulic Hand Tools in Kazakhstan

For the fourth year in a row, the Kazakh market for pneumatic or hydraulic hand tools recorded growth in sales value, which increased by 10% to $X in 2021. Overall, the total consumption indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +6.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +40.3% against 2017 indices. Pneumatic or hydraulic hand tool consumption peaked in 2021 and is likely to see gradual growth in years to come.

Production of Pneumatic Or Hydraulic Hand Tools in Kazakhstan

In value terms, pneumatic or hydraulic hand tool production rose modestly to $X in 2021 estimated in export price. Over the period under review, the total production indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -1.7% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by 31% against the previous year. Pneumatic or hydraulic hand tool production peaked at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Exports of Pneumatic Or Hydraulic Hand Tools

Exports from Kazakhstan

In 2021, the amount of pneumatic or hydraulic hand tools exported from Kazakhstan shrank remarkably to X tons, which is down by -49.2% on the previous year. Over the period under review, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2015 when exports increased by 48% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, pneumatic or hydraulic hand tool exports contracted markedly to $X in 2021. Overall, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2015 when exports increased by 22% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Russia (X tons) was the main destination for pneumatic or hydraulic hand tool exports from Kazakhstan, accounting for a 63% share of total exports. Moreover, pneumatic or hydraulic hand tool exports to Russia exceeded the volume sent to the second major destination, Uzbekistan (X tons), twofold.

From 2012 to 2021, the average annual growth rate of volume to Russia totaled -13.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (+46.0% per year) and Kyrgyzstan (+62.7% per year).

In value terms, the largest markets for pneumatic or hydraulic hand tool exported from Kazakhstan were Russia ($X), Uzbekistan ($X) and Kyrgyzstan ($X), with a combined 89% share of total exports.

Among the main countries of destination, Kyrgyzstan, with a CAGR of +46.2%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average export price for pneumatic or hydraulic hand tools stood at $X per ton in 2021, growing by 7.5% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 56% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the average 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 Kyrgyzstan ($X per ton), while the average price for exports to Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-2.8%), while the prices for the other major destinations experienced a decline.

Imports of Pneumatic Or Hydraulic Hand Tools

Imports into Kazakhstan

For the sixth consecutive year, Kazakhstan recorded growth in supplies from abroad of pneumatic or hydraulic hand tools, which increased by 37% to X tons in 2021. Overall, imports posted a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, pneumatic or hydraulic hand tool imports surged to $X in 2021. In general, total imports indicated a modest expansion from 2012 to 2021: its value increased at an average annual rate of +1.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest pneumatic or hydraulic hand tool supplier to Kazakhstan, accounting for a 82% share of total imports. Moreover, pneumatic or hydraulic hand tool imports from China exceeded the figures recorded by the second-largest supplier, Russia (X tons), sixfold.

From 2012 to 2021, the average annual growth rate of volume from China totaled +13.4%.

In value terms, the largest pneumatic or hydraulic hand tool suppliers to Kazakhstan were China ($X) and Russia ($X).

In terms of the main suppliers, China, with a CAGR of +4.7%, recorded the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

In 2021, the average import price for pneumatic or hydraulic hand tools amounted to $X per ton, dropping by -2.7% against the previous year. Over the period under review, the import price showed a deep slump. The growth pace was the most rapid in 2018 an increase of 22% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($X per ton), while the price for China amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-7.7%).

Source: IndexBox Platform

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