Ukraine - Power Tools - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Ukraine - Power Tools - Market Analysis, Forecast, Size, Trends and Insights

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Power Tool Price in Ukraine - 2023

Contents:

  1. Power Tool Price in Ukraine (CIF) - 2023
  2. Power Tool Price in Ukraine (FOB) - 2023
  3. Power Tool Imports in Ukraine
  4. Power Tool Exports in Ukraine

Power Tool Price in Ukraine (CIF) - 2023

The average power tool import price stood at $26.9 per unit in August 2023, waning by -12.9% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 17% against the previous month. As a result, import price attained the peak level of $30.9 per unit, and then reduced in the following month.

As there is only one major supplying country, the average price level is determined by prices for China.

From September 2022 to August 2023, the rate of growth in terms of prices for China amounted to -0.2% per month.

Power Tool Price in Ukraine (FOB) - 2023

The average power tool export price stood at $25.6 per unit in August 2023, falling by -3.6% against the previous month. Overall, the export price saw a pronounced slump. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 158% against the previous month. As a result, the export price reached the peak level of $93.1 per unit. From February 2023 to August 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Georgia ($72.5 per unit), while the average price for exports to Moldova ($11.5 per unit) was amongst the lowest.

From September 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (-0.0%), while the prices for the other major destinations experienced a decline.

Power Tool Imports in Ukraine

In 2022, overseas purchases of power tools decreased by -56.6% to 2M units for the first time since 2018, thus ending a three-year rising trend. Overall, imports saw a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 21% against the previous year. As a result, imports attained the peak of 4.7M units, and then shrank notably in the following year.

In value terms, power tool imports declined significantly to $52M in 2022. Over the period under review, imports saw a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 38%. As a result, imports reached the peak of $101M, and then dropped rapidly in the following year.

Import of Power Tool in Ukraine (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China48.756.984.044.7-2.8%
Romania3.54.34.30.9-36.4%
Others11.311.712.26.7-16.0%
Total63.672.910152.3-6.3%

Top Suppliers of Power Tool to Ukraine in 2022:

  1. China (1957.8K units)
  2. Romania (18.0K units)

Power Tool Exports in Ukraine

In 2022, after three years of growth, there was significant decline in shipments abroad of power tools, when their volume decreased by -39.4% to 29K units. Over the period under review, exports, however, enjoyed tangible growth. The pace of growth was the most pronounced in 2020 when exports increased by 70%. The exports peaked at 48K units in 2021, and then dropped significantly in the following year.

In value terms, power tool exports dropped dramatically to $1.4M in 2022. In general, exports continue to indicate a noticeable shrinkage. The growth pace was the most rapid in 2020 when exports increased by 40% against the previous year. The exports peaked at $2.6M in 2021, and then declined markedly in the following year.

Export of Power Tool in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia22.9158361417163.1%
Moldova305424521271-3.9%
Georgia224130292212-1.8%
Slovenia494151718114-38.7%
Hungary7.911599.978.6115.1%
Czech Republic2.984.540.976.8198.1%
Poland26.318579.444.218.9%
Azerbaijan46.233.235.27.7-45.0%
Germany64.215613.93.9-60.7%
Romania87.52291092.1-71.2%
Russia11727356.7N/A-30.4%
Others1121782431315.4%
Total1,5102,1172,5711,360-3.4%

Top Export Markets for Power Tool from Ukraine in 2022:

  1. Romania (undefinedK units)
  2. Germany (undefinedK units)
  3. Latvia (10.4K units)
  4. Moldova (9.1K units)
  5. Georgia (3.4K units)
  6. Czech Republic (1.5K units)
  7. Slovenia (1.2K units)
  8. Poland (1.1K units)
  9. Hungary (0.6K units)
  10. Azerbaijan (0.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the power tool market in Ukraine. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28241113 - Electromechanical hand drills operated without an external source of power
  • Prodcom 28241115 - Electropneumatic drills of all kinds for working in the hand
  • Prodcom 28241117 - Electromechanical hand drills of all kinds (excluding those operated without an external source of power, e lectropneumatic)
  • Prodcom 28241120 - Electromechanical hand tools operated without an external source of power (excluding drills, saws )
  • Prodcom 28241123 - Electromechanical chainsaws
  • Prodcom 28241125 - Electromechanical circular saws
  • Prodcom 28241127 - Electromechanical handsaws (excluding chainsaws, circular saws)
  • Prodcom 28241133 -
  • Prodcom 28241135 -
  • Prodcom 28241150 - Grinders, sanders and planers, for working in the hand, with self-contained electric motor, operating with an external source of power
  • Prodcom 28241180 - Electromechanical hedge trimmers and lawn edge cutters
  • Prodcom 28241185 - Electromechanical hand tools, with self-contained electric motor operating with an external source of power (excluding saws, drills, grinders, sanders, planers, hedge trimmers and lawn edge cutters)
  • Prodcom 28241190 -

Country coverage:

  • Ukraine

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Ukraine
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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