Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Argentina - 2023
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Argentina (CIF) - 2023
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Argentina (FOB) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Argentina
- Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Argentina
Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Argentina (CIF) - 2023
In June 2023, the average import price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) amounted to $50.5 per unit, rising by 48% against the previous month. Over the period under review, the import price continues to indicate a prominent expansion. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 81% month-to-month. The import price peaked in June 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($125 per unit), while the price for China amounted to $46.2 per unit.
From December 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (+7.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Argentina (FOB) - 2022
In 2022, the average export price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) amounted to $381 per unit, growing by 130% against the previous year. Overall, the export price saw pronounced growth. The pace of growth was the most pronounced in 2017 when the average export price increased by 457% against the previous year. As a result, the export price attained the peak level of $3,441 per unit. From 2018 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ecuador ($494 per unit), while the average price for exports to Finland ($268 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 France (+77.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Argentina
For the fourth consecutive year, Argentina recorded growth in supplies from abroad of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion), which increased by 33% to 328K units in 2022. Over the period under review, imports recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 229% against the previous year. Over the period under review, imports of tools; for working in hand, pneumatic, rotary type (including combined rotary-percussion) attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) surged to $11M in 2022. In general, imports posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 186%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.7 | 1.7 | 6.4 | 8.8 | 132.5% |
| Taiwan (Chinese) | 0.3 | 0.3 | 0.7 | 0.9 | 44.2% |
| Others | 0.9 | 0.9 | 1.0 | 1.4 | 15.9% |
| Total | 1.9 | 2.9 | 8.1 | 11.1 | 80.1% |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) to Argentina in 2022:
- China (303.5K units)
- Taiwan (Chinese) (19.4K units)
Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Argentina
In 2022, exports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) from Argentina declined notably to 111 units, which is down by -47.4% compared with 2021 figures. Over the period under review, exports faced a abrupt decline. The growth pace was the most rapid in 2021 when exports increased by 31%. As a result, the exports attained the peak of 211 units, and then declined significantly in the following year.
In value terms, exports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) soared to $42K in 2022. Overall, exports continue to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2021 with an increase of 36% against the previous year. The exports peaked at $49K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 7.1 | N/A | 6.6 | 19.9 | 41.0% |
| Peru | 27.1 | N/A | 17.4 | 8.3 | -32.6% |
| Ecuador | 6.6 | N/A | N/A | 7.4 | 3.9% |
| Uruguay | 0.7 | N/A | 3.8 | 4.0 | 78.8% |
| Finland | N/A | N/A | 3.0 | 1.9 | -36.7% |
| Switzerland | N/A | N/A | N/A | 0.7 | 0% |
| Germany | 2.1 | 4.3 | 0.1 | 0.2 | -54.3% |
| Colombia | N/A | N/A | 3.9 | N/A | 0% |
| United States | N/A | 21.4 | N/A | N/A | 0% |
| Brazil | 4.1 | N/A | N/A | N/A | 0% |
| Others | 1.2 | N/A | 0.2 | N/A | -59.2% |
| Total | 48.9 | 25.7 | 35.0 | 42.3 | -4.7% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) from Argentina in 2022:
- Chile (49.0 units)
- Peru (25.0 units)
- Ecuador (15.0 units)
- Uruguay (12.0 units)
- Finland (7.0 units)
- Switzerland (2.0 units)
- Germany (1.0 units)
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