Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Argentina - 2023

Contents:

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

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

The average import price for tools; for working in the hand, pneumatic, other than rotary type stood at $80 per unit in 2022, which is down by -20.8% against the previous year. In general, the import price, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 124%. As a result, import price reached the peak level of $162 per unit. From 2020 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($915 per unit), while the price for Taiwan (Chinese) ($45 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+23.5%), 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 Argentina (FOB) - 2022

In 2022, the average export price for tools; for working in the hand, pneumatic, other than rotary type amounted to $329 per unit, rising by 43% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 64% against the previous year. The export price peaked at $409 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($1,089 per unit), while the average price for exports to Chile ($167 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 the Netherlands (+67.2%), 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 Argentina

For the fourth year in a row, Argentina recorded growth in supplies from abroad of tools; for working in the hand, pneumatic, other than rotary type, which increased by 27% to 58K units in 2022. In general, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 155%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type amounted to $4.6M in 2022. Overall, imports showed significant growth. The growth pace was the most rapid in 2021 with an increase of 91% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5449472,9412,43764.8%
Taiwan (Chinese)14839741473570.6%
Italy12059.0192110-2.9%
United Kingdom11.623.217.054.767.7%
Brazil5.114312721.962.5%
Others9438369051,28310.8%
Total1,7712,4054,5964,64137.9%

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

  1. China (37.7K units)
  2. Taiwan (Chinese) (16.4K units)
  3. United Kingdom (1.0K units)
  4. Italy (0.7K units)
  5. Brazil (0.2K units)

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

In 2022, overseas shipments of tools; for working in the hand, pneumatic, other than rotary type were finally on the rise to reach 470 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a pronounced downturn. The exports peaked at 541 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of tools; for working in the hand, pneumatic, other than rotary type skyrocketed to $155K in 2022. In general, exports, however, saw a abrupt descent. Over the period under review, the exports of tools; for working in hand, pneumatic, other than rotary type attained the maximum at $211K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uruguay45.732.333.746.90.9%
Paraguay14.630.7N/A43.343.7%
Brazil105N/AN/A37.0-29.4%
Chile19.413.69.227.312.1%
Bolivia23.5N/AN/AN/A0%
Others2.8N/AN/AN/A0%
Total21176.642.9155-9.8%

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

  1. Uruguay (193.0 units)
  2. Chile (163.0 units)
  3. Paraguay (80.0 units)
  4. Brazil (34.0 units)

Source: IndexBox Market Intelligence Platform

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