Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Belgium - 2023
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Belgium (CIF) - 2022
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Belgium (FOB) - 2023
- Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Belgium
- Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Belgium
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Belgium (CIF) - 2022
In 2022, the average import price for tools; for working in the hand, pneumatic, other than rotary type amounted to $62 per unit, declining by -48.2% against the previous year. Over the period under review, the import price continues to indicate a precipitous descent. The most prominent rate of growth was recorded in 2021 a decrease of -28.2%. The import price peaked at $166 per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($227 per unit), while the price for China ($22 per unit) was amongst the lowest.
From 2020 to 2022, the most notable rate of growth in terms of prices was attained by France (+10.8%), while the prices for the other major suppliers experienced a decline.
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Belgium (FOB) - 2023
In December 2023, the average export price for tools; for working in the hand, pneumatic, other than rotary type amounted to $225 per unit, picking up by 1.7% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 when the average export price increased by 33% m-o-m. As a result, the export price reached the peak level of $273 per unit. From October 2023 to December 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($366 per unit), while the average price for exports to Portugal ($172 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 the Netherlands (+4.4%), 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 Belgium
For the fourth year in a row, Belgium recorded growth in supplies from abroad of tools; for working in the hand, pneumatic, other than rotary type, which increased by 68% to 298K units in 2022. Over the period under review, imports showed significant 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 contracted to $18M in 2022. Overall, imports, however, showed a deep reduction. The smallest decline of -4.4% was in 2020. Over the period under review, imports of tools; for working in hand, pneumatic, other than rotary type hit record highs at $25M 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 Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Taiwan (Chinese) | 4.8 | 6.7 | 5.0 | 2.1% | |
| Netherlands | 1.3 | 3.4 | 3.0 | 51.9% | |
| China | 1.0 | 1.2 | 2.5 | 58.1% | |
| Germany | 1.4 | 1.5 | 1.3 | -3.6% | |
| India | 0.1 | 0.2 | 1.2 | 246.4% | |
| Japan | 4.1 | 3.7 | 0.8 | -55.8% | |
| France | 0.7 | 0.5 | 0.5 | -15.5% | |
| Spain | 0.4 | 0.1 | 0.5 | 11.8% | |
| United Kingdom | 0.5 | 0.3 | 0.3 | -22.5% | |
| Bulgaria | 5.7 | N/A | N/A | 0% | |
| Others | 3.8 | 3.4 | 3.2 | -8.2% | |
| Total | 23.8 | 21.0 | 18.4 | -12.1% | |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to Belgium in 2022:
- China (112.0K units)
- Taiwan (Chinese) (99.4K units)
- Netherlands (34.1K units)
- Germany (12.7K units)
- India (9.8K units)
- Spain (6.2K units)
- United Kingdom (4.5K units)
- France (3.8K units)
- Japan (3.5K units)
Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Belgium
In 2022, overseas shipments of tools; for working in the hand, pneumatic, other than rotary type decreased by -33.7% to 93K units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 28%. As a result, the exports attained the peak of 141K units, and then declined remarkably in the following year.
In value terms, exports of tools; for working in the hand, pneumatic, other than rotary type declined rapidly to $18M in 2022. Over the period under review, exports showed a perceptible downturn. The pace of growth appeared the most rapid in 2021 with an increase of 16% against the previous year. As a result, the exports attained the peak of $25M, and then reduced remarkably in the following year.
| Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.0 | 7.3 | 9.1 | 4.3 | -4.9% |
| France | 2.8 | 3.1 | 3.6 | 3.2 | 4.6% |
| Italy | 1.0 | 1.1 | 1.3 | 1.4 | 11.9% |
| Poland | 1.2 | 1.2 | 1.8 | 1.3 | 2.7% |
| Netherlands | 1.5 | 1.3 | 1.4 | 1.2 | -7.2% |
| Spain | 0.7 | 1.2 | 1.2 | 1.1 | 16.3% |
| United Kingdom | 2.1 | 1.7 | 1.2 | 0.8 | -27.5% |
| Sweden | 0.6 | 0.6 | 0.7 | 0.6 | 0.0% |
| Norway | 0.6 | 0.5 | 0.7 | 0.4 | -12.6% |
| Portugal | 0.2 | 0.2 | 0.3 | 0.3 | 14.5% |
| Czech Republic | 0.2 | 0.1 | 0.2 | 0.2 | 0.0% |
| Russia | 0.3 | 0.3 | 0.6 | 0.2 | -12.6% |
| Others | 4.2 | 3.1 | 3.1 | 2.9 | -11.6% |
| Total | 20.3 | 21.7 | 25.2 | 17.9 | -4.1% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from Belgium in 2022:
- Germany (23.4K units)
- France (16.0K units)
- Poland (9.1K units)
- Spain (9.1K units)
- Italy (8.0K units)
- United Kingdom (4.4K units)
- Netherlands (4.0K units)
- Sweden (2.2K units)
- Norway (2.2K units)
- Czech Republic (1.6K units)
- Portugal (1.5K units)
- Russia (0.8K units)
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