Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Algeria - 2022

Contents:

  1. Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Algeria (CIF) - 2022
  2. Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Algeria (FOB) - 2022
  3. Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Algeria
  4. Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Algeria

Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Algeria (CIF) - 2022

In 2022, the average import price for tools; for working in the hand, pneumatic, other than rotary type amounted to $55 per unit, growing by 14% against the previous year. Over the period under review, the import price, however, saw a mild reduction. The pace of growth was the most pronounced in 2013 when the average import price increased by 61%. Over the period under review, average import prices attained the peak figure at $109 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($471 per unit), while the price for China ($14 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Algeria (FOB) - 2022

In 2022, the average export price for tools; for working in the hand, pneumatic, other than rotary type amounted to $226 per unit, with a decrease of -9.1% against the previous year. In general, the export price saw a abrupt contraction. The pace of growth appeared the most rapid in 2015 when the average export price increased by 2,689%. The export price peaked at $1,024 per unit in 2019; however, from 2020 to 2022, the 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 the United States ($298 per unit), while the average price for exports to Italy ($162 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 Russia (+134.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Algeria

In 2022, the amount of tools; for working in the hand, pneumatic, other than rotary type imported into Algeria fell notably to 16K units, shrinking by -61.7% on the previous year. Over the period under review, imports showed a precipitous slump. The smallest decline of -14% was in 2020. Imports peaked at 66K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type fell dramatically to $860K in 2022. In general, imports showed a sharp downturn. The smallest decline of -8% was in 2020. Imports peaked at $2.8M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China915882489163-43.7%
Malaysia155156151121-7.9%
France7941,00748994.9-50.7%
India88.532.315067.4-8.7%
Italy34212516150.5-47.1%
United Arab Emirates54.63.325521.6-26.6%
Others498414276342-11.8%
Total2,8482,6201,970860-32.9%

Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to Algeria in 2022:

  1. China (11.4K units)
  2. India (2.0K units)
  3. Italy (0.5K units)
  4. France (0.3K units)
  5. Malaysia (0.3K units)
  6. United Arab Emirates (0.2K units)

Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Algeria

Exports of tools; for working in the hand, pneumatic, other than rotary type from Algeria totaled 3 units in 2022, approximately equating the previous year's figure. Overall, exports saw a deep downturn. The smallest decline of -25% was in 2021. The exports peaked at 4 units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, exports of tools; for working in the hand, pneumatic, other than rotary type shrank to $678 in 2022. Over the period under review, exports showed a sharp contraction. The exports peaked at $4.1K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Algeria (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,2881,662449298-38.6%
Austria95136567.0218-38.8%
Italy1,288739230162-49.9%
Niger568N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total4,0952,766746678-45.1%

Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from Algeria in 2022:

  1. United States (1.0 units)
  2. Austria (1.0 units)
  3. Italy (1.0 units)

Source: IndexBox Market Intelligence Platform

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