Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Azerbaijan - 2024
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Azerbaijan (CIF) - 2022
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Azerbaijan (FOB) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Azerbaijan
- Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Azerbaijan
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Azerbaijan (CIF) - 2022
The average import price for tools; for working in the hand, pneumatic, other than rotary type stood at $28 per unit in 2022, picking up by 53% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2013 an increase of 91%. As a result, import price reached the peak level of $133 per unit. From 2014 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($146 per unit), while the price for China ($18 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+7.7%), 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 Azerbaijan (FOB) - 2022
In 2022, the average export price for tools; for working in the hand, pneumatic, other than rotary type amounted to $252 per unit, shrinking by -96.1% against the previous year. In general, the export price, however, continues to indicate slight growth. The pace of growth was the most pronounced in 2015 when the average export price increased by 3,189% against the previous year. As a result, the export price attained the peak level of $8,864 per unit. From 2016 to 2022, the average 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 ($875 per unit), while the average price for exports to the United Arab Emirates ($8 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 China (+260.5%), 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 Azerbaijan
Imports of tools; for working in the hand, pneumatic, other than rotary type into Azerbaijan reduced markedly to 25K units in 2022, dropping by -22.1% against 2021 figures. In general, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 23%. Over the period under review, imports of tools; for working in hand, pneumatic, other than rotary type attained the peak figure at 40K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type surged to $689K in 2022. The total import value increased at an average annual rate of +3.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 25% 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 Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 355 | 280 | 435 | 434 | 6.9% |
| Turkey | 33.2 | 54.3 | 44.8 | 55.3 | 18.5% |
| Others | 232 | 129 | 98.7 | 200 | -4.8% |
| Total | 620 | 463 | 579 | 689 | 3.6% |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to Azerbaijan in 2022:
- China (23.7K units)
- Turkey (0.4K units)
Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Azerbaijan
In 2022, after two years of decline, there was significant growth in overseas shipments of tools; for working in the hand, pneumatic, other than rotary type, when their volume increased by 1,750% to 74 units. In general, exports, however, continue to indicate a dramatic descent. The exports peaked at 492 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 reduced sharply to $19K in 2022. Over the period under review, exports, however, recorded a perceptible decline. The most prominent rate of growth was recorded in 2021 when exports increased by 277%. As a result, the exports reached the peak of $26K, and then declined remarkably in the following year.
| Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.2 | N/A | N/A | 17.5 | 344.0% |
| Uzbekistan | N/A | N/A | N/A | 1.0 | 0% |
| Turkey | N/A | N/A | N/A | 0.1 | 0% |
| China | 17.5 | N/A | 3.3 | N/A | -56.6% |
| United Arab Emirates | 1.4 | 6.5 | N/A | N/A | 364.3% |
| Singapore | 0.2 | N/A | N/A | N/A | 0% |
| Georgia | 0.9 | N/A | N/A | N/A | 0% |
| Canada | 0.1 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.4 | 22.7 | N/A | 5575.0% |
| Total | 20.2 | 6.9 | 25.9 | 18.6 | -2.7% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from Azerbaijan in 2022:
- Uzbekistan (51.0 units)
- United States (20.0 units)
- Turkey (2.0 units)
- United Arab Emirates (1.0 units)
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