Price for Saws for Working in the Hand, with Self-Contained Electric Motor in the United States - 2024

Contents:

  1. Price for Saws for Working in the Hand, with Self-Contained Electric Motor in the United States (CIF) - 2024
  2. Price for Saws for Working in the Hand, with Self-Contained Electric Motor in the United States (FOB) - 2024
  3. Imports of Saws for Working in the Hand, with Self-Contained Electric Motor in the United States
  4. Exports of Saws for Working in the Hand, with Self-Contained Electric Motor in the United States

Price for Saws for Working in the Hand, with Self-Contained Electric Motor in the United States (CIF) - 2024

The average import price for saws for working in the hand, with self-contained electric motor stood at $58.6 per unit in February 2024, declining by -8.8% against the previous month. In general, the import price showed a pronounced descent. The most prominent rate of growth was recorded in December 2023 when the average import price increased by 13% against the previous month. Over the period under review, average import prices reached the peak figure at $74.7 per unit in March 2023; however, from April 2023 to February 2024, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In February 2024, the country with the highest price was Mexico ($72.3 per unit), while the price for Vietnam ($53.8 per unit) was amongst the lowest.

From March 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Mexico (-0.4%), while the prices for the other major suppliers experienced a decline.

Price for Saws for Working in the Hand, with Self-Contained Electric Motor in the United States (FOB) - 2024

The average export price for saws for working in the hand, with self-contained electric motor stood at $130 per unit in February 2024, standing approximately at the previous month. Over the period from March 2023 to February 2024, it increased at an average monthly rate of +2.8%. The most prominent rate of growth was recorded in January 2024 when the average export price increased by 34% month-to-month. As a result, the export price reached the peak level of $130 per unit, leveling off in the following month.

There were significant differences in the average prices for the major overseas markets. In February 2024, the country with the highest price was Canada ($147 per unit), while the average price for exports to the UK ($37.1 per unit) was amongst the lowest.

From March 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+3.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Saws for Working in the Hand, with Self-Contained Electric Motor in the United States

In 2022, after three years of growth, there was significant decline in overseas purchases of saws for working in the hand, with self-contained electric motor, when their volume decreased by -27.3% to 18M units. Over the period under review, total imports indicated a temperate expansion from 2019 to 2022: its volume increased at an average annual rate of +4.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 28% against the previous year. As a result, imports attained the peak of 25M units, and then declined markedly in the following year.

In value terms, imports of saws for working in the hand, with self-contained electric motor reduced rapidly to $1.2B in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +10.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +35.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 34%. As a result, imports reached the peak of $1.5B, and then reduced remarkably in the following year.

Import of Saws for Working in the Hand, with Self-Contained Electric Motor in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8089141,1599545.7%
Mexico64.083.915214431.0%
VietnamN/A48.290.074.924.7%
Others47.347.068.374.616.4%
Total9191,0931,4691,24710.7%

Top Suppliers of Saws for Working in the Hand, with Self-Contained Electric Motor to the United States in 2022:

  1. China (13.8M units)
  2. Mexico (2.4M units)
  3. Vietnam (1.3M units)

Exports of Saws for Working in the Hand, with Self-Contained Electric Motor in the United States

Exports of saws for working in the hand, with self-contained electric motor from the United States reached 1.3M units in 2022, with an increase of 12% compared with the previous year. In general, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +14.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. Over the period under review, the exports of saws for working in hand, with self-contained electric motor reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of saws for working in the hand, with self-contained electric motor soared to $137M in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +19.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 30%. Over the period under review, the exports of saws for working in hand, with self-contained electric motor attained the maximum in 2022 and are expected to retain growth in the near future.

Export of Saws for Working in the Hand, with Self-Contained Electric Motor in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada60.269.496.411825.1%
Mexico7.512.09.26.2-6.1%
Ecuador1.00.71.61.411.9%
Others12.19.411.811.1-2.8%
Total80.891.511913719.2%

Top Export Markets for Saws for Working in the Hand, with Self-Contained Electric Motor from the United States in 2022:

  1. Canada (1088.2K units)
  2. Mexico (101.0K units)
  3. Ecuador (21.5K units)

Source: IndexBox Market Intelligence Platform

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