Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Austria - 2023
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Austria (FOB) - 2023
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Austria (CIF) - 2022
- Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Austria
- Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Austria
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Austria (FOB) - 2023
The average export price for tools; for working in the hand, pneumatic, other than rotary type stood at $283 per unit in December 2023, with a decrease of -7.5% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 when the average export price increased by 86% against the previous month. The export price peaked at $346 per unit in April 2023; however, from May 2023 to December 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In December 2023, the country with the highest price was Italy ($923 per unit), while the average price for exports to Bosnia and Herzegovina ($45.3 per unit) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Austria (CIF) - 2022
In 2022, the average import price for tools; for working in the hand, pneumatic, other than rotary type amounted to $150 per unit, which is down by -24.2% against the previous year. In general, the import price recorded a noticeable descent. The most prominent rate of growth was recorded in 2021 an increase of 24% against the previous year. As a result, import price attained the peak level of $198 per unit, and then contracted dramatically in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($546 per unit), while the price for China ($49 per unit) was amongst the lowest.
From 2020 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Austria
For the third consecutive year, Austria recorded decline in shipments abroad of tools; for working in the hand, pneumatic, other than rotary type, which decreased by -2.2% to 59K units in 2022. Overall, exports recorded a abrupt slump. Over the period under review, the exports of tools; for working in hand, pneumatic, other than rotary type attained the peak figure at 92K 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 shrank to $15M in 2022. Over the period under review, exports saw a deep downturn. The smallest decline of -6.6% was in 2021. Over the period under review, the exports of tools; for working in hand, pneumatic, other than rotary type hit record highs at $22M 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 Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.1 | 3.7 | 3.1 | 3.2 | -14.4% |
| United Kingdom | 0.9 | 0.8 | 0.4 | 2.1 | 32.6% |
| France | 2.7 | 2.1 | 2.3 | 1.9 | -11.1% |
| Germany | 3.4 | 2.7 | 2.3 | 1.8 | -19.1% |
| Turkey | 0.3 | 0.4 | 0.9 | 0.8 | 38.7% |
| Australia | 0.6 | 0.7 | 0.5 | 0.5 | -5.9% |
| Italy | 0.5 | 0.5 | 0.5 | 0.5 | 0.0% |
| Liechtenstein | N/A | 0.5 | 0.8 | 0.5 | 0.0% |
| South Korea | 0.7 | 0.7 | 0.6 | 0.5 | -10.6% |
| Czech Republic | 0.7 | 0.5 | 0.5 | 0.4 | -17.0% |
| Japan | 0.4 | 0.3 | 0.4 | 0.3 | -9.1% |
| Hungary | 1.2 | 0.6 | 0.3 | 0.2 | -45.0% |
| Switzerland | 0.8 | 0.2 | 0.2 | 0.2 | -37.0% |
| Others | 4.3 | 3.9 | 3.5 | 2.3 | -18.8% |
| Total | 21.5 | 17.6 | 16.4 | 15.3 | -10.7% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from Austria in 2022:
- United States (10.2K units)
- United Kingdom (10.2K units)
- France (9.2K units)
- Germany (7.1K units)
- Turkey (2.9K units)
- Liechtenstein (1.8K units)
- South Korea (1.7K units)
- Australia (1.6K units)
- Italy (1.3K units)
- Japan (1.1K units)
- Switzerland (0.9K units)
- Czech Republic (0.7K units)
- Hungary (0.7K units)
Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Austria
In 2022, the amount of tools; for working in the hand, pneumatic, other than rotary type imported into Austria skyrocketed to 59K units, jumping by 17% on 2021 figures. Over the period under review, imports continue to indicate buoyant growth. As a result, imports attained 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 fell to $8.8M in 2022. The total import value increased at an average annual rate of +2.4% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 20% against the previous year. As a result, imports reached the peak of $9.9M, and then contracted in the following year.
| Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Germany | 4.1 | 4.9 | 3.7 | -5.0% | |
| Taiwan (Chinese) | 1.3 | 1.5 | 1.7 | 14.4% | |
| Italy | 0.4 | 0.7 | 0.8 | 41.4% | |
| China | 0.7 | 0.4 | 0.8 | 6.9% | |
| Netherlands | 0.4 | 0.6 | 0.4 | 0.0% | |
| Czech Republic | 0.1 | 0.2 | 0.3 | 73.2% | |
| Poland | 0.2 | 0.4 | 0.3 | 22.5% | |
| Belgium | 0.2 | 0.3 | 0.2 | 0.0% | |
| Others | 0.9 | 1.1 | 0.7 | -11.8% | |
| Total | 8.3 | 9.9 | 8.8 | 3.0% | |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to Austria in 2022:
- Germany (21.7K units)
- China (16.4K units)
- Taiwan (Chinese) (9.9K units)
- Italy (2.8K units)
- Poland (2.0K units)
- Czech Republic (1.9K units)
- Belgium (0.9K units)
- Netherlands (0.7K units)
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