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

Contents:

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

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

In 2022, the average import price for tools; for working in the hand, pneumatic, other than rotary type amounted to $50 per unit, which is down by -31.9% against the previous year. Over the period under review, the import price showed a deep reduction. The growth pace was the most rapid in 2013 when the average import price increased by 56% against the previous year. As a result, import price reached the peak level of $212 per unit. From 2014 to 2022, the average import prices remained at a lower figure.

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 the United States ($647 per unit), while the price for Portugal ($22 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+4.9%), 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 Angola (FOB) - 2022

The average export price for tools; for working in the hand, pneumatic, other than rotary type stood at $186 per unit in 2022, leveling off at the previous year. Overall, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +7.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for tools; for working in the hand, pneumatic, other than rotary type decreased by -22.0% against 2020 indices. The growth pace was the most rapid in 2013 an increase of 56% against the previous year. The export price peaked at $238 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Namibia ($701 per unit), while the average price for exports to Congo ($14 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 Namibia (+92.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of tools; for working in the hand, pneumatic, other than rotary type imported into Angola soared to 29K units, jumping by 128% compared with 2021 figures. In general, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type skyrocketed to $1.4M in 2022. Over the period under review, imports, however, showed a perceptible shrinkage. Imports peaked at $1.5M 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 Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal21215934045128.6%
France64.018.360.535376.7%
China523285114228-24.2%
South Africa35.817.630.429.2-6.6%
Others708298379370-19.5%
Total1,5427779241,432-2.4%

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

  1. Portugal (21.0K units)
  2. China (5.2K units)
  3. South Africa (1.0K units)
  4. France (0.7K units)

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

Exports of tools; for working in the hand, pneumatic, other than rotary type from Angola skyrocketed to 85 units in 2022, increasing by 18% compared with the previous year's figure. Over the period under review, exports saw significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 346%. As a result, the exports attained the peak of 214 units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of tools; for working in the hand, pneumatic, other than rotary type skyrocketed to $16K in 2022. In general, exports posted buoyant growth. The pace of growth appeared the most rapid in 2020 with an increase of 442% against the previous year. As a result, the exports attained the peak of $51K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands5.828.110.812.428.8%
South Africa1.813.91.81.7-1.9%
Others1.88.90.81.7-1.9%
Total9.450.913.515.818.9%

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

  1. Netherlands (72.0 units)
  2. South Africa (4.0 units)

Source: IndexBox Market Intelligence Platform

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