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

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

In 2021, the Ukrainian market for in-hand motor grinders, sanders and planers increased by 39% to $X, rising for the sixth year in a row after two years of decline. Over the period under review, consumption showed perceptible growth. Consumption of peaked in 2021 and is expected to retain growth in the immediate term.

Exports of In-Hand Motor Grinders, Sanders And Planers

Exports from Ukraine

In 2021, approx. X units of in-hand motor grinders, sanders and planers were exported from Ukraine; growing by 24% on the year before. In general, exports, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2020 when exports increased by 57% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of in-hand motor grinders, sanders and planers skyrocketed to $X in 2021. Over the period under review, exports, however, recorded a deep slump. The pace of growth appeared the most rapid in 2018 when exports increased by 175% against the previous year. Over the period under review, the exports of reached the maximum at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Moldova (X units), Latvia (X units) and Georgia (X units) were the main destinations of exports of in-hand motor grinders, sanders and planers from Ukraine, together comprising 55% of total exports.

From 2012 to 2021, the biggest increases were in Latvia (with a CAGR of +155.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Slovenia ($X), Moldova ($X) and Georgia ($X) appeared to be the largest markets for electromechanical tools for working in the hand, with self-contained electric motor exported from Ukraine worldwide, with a combined 63% share of total exports. These countries were followed by Latvia, Romania, Poland, Russia, Belarus and Kazakhstan, which together accounted for a further 22%.

Among the main countries of destination, Latvia, with a CAGR of +101.1%, saw the highest rates of growth with regard to 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

The average export price for in-hand motor grinders, sanders and planers stood at $X per unit in 2021, surging by 20% against the previous year. Overall, export price indicated a slight expansion from 2012 to 2021: its price increased at an average annual rate of +1.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for in-hand motor grinders, sanders and planers decreased by -17.4% against 2018 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 92%. As a result, the export price attained the peak level of $X per unit. From 2019 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Slovenia ($X per unit), while the average price for exports to Russia ($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 Kazakhstan (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of In-Hand Motor Grinders, Sanders And Planers

Imports into Ukraine

In 2021, purchases abroad of in-hand motor grinders, sanders and planers increased by 26% to X units, rising for the sixth year in a row after two years of decline. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 85% against the previous year. Over the period under review, imports of attained the peak figure at X units in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, imports of in-hand motor grinders, sanders and planers soared to $X in 2021. Overall, imports enjoyed tangible growth. The most prominent rate of growth was recorded in 2016 when imports increased by 55%. Over the period under review, imports of attained the maximum in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, China (X units) was the main electromechanical tools for working in the hand, with self-contained electric motor supplier to Ukraine, with a 95% share of total imports. It was followed by Romania (X units), with a 2.6% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +1.3%.

In value terms, China ($X) constituted the largest supplier of electromechanical tools for working in the hand, with self-contained electric motor to Ukraine, comprising 80% of total imports. The second position in the ranking was taken by Romania ($X), with a 6.1% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +7.7%.

Import Prices by Country

The average import price for in-hand motor grinders, sanders and planers stood at $X per unit in 2021, with an increase of 10% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.8%. The growth pace was the most rapid in 2014 when the average import price increased by 18% against the previous year. Over the period under review, average import prices reached the peak figure in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of origin: the country with the highest price was Romania ($X per unit), while the price for China totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+6.2%).

Source: IndexBox Platform

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