Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Denmark - 2023
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Denmark (CIF) - 2022
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Denmark (FOB) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Denmark
- Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Denmark
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Denmark (CIF) - 2022
In 2022, the average import price for tools; for working in the hand, pneumatic, other than rotary type amounted to $173 per unit, with an increase of 12% against the previous year. Over the period from 2020 to 2022, it increased at an average annual rate of +17.1%. The pace of growth was the most pronounced in 2021 an increase of 22% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($323 per unit), while the price for China ($42 per unit) was amongst the lowest.
From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+47.0%), 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 Denmark (FOB) - 2022
In 2022, the average export price for tools; for working in the hand, pneumatic, other than rotary type amounted to $219 per unit, increasing by 12% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 15%. Over the period under review, the average export prices hit record highs at $238 per unit in 2012; however, from 2013 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 France ($315 per unit), while the average price for exports to Japan ($65 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 France (+18.4%), 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 Denmark
In 2022, the amount of tools; for working in the hand, pneumatic, other than rotary type imported into Denmark dropped to 96K units, reducing by -11.6% on 2021. Overall, imports continue to indicate a abrupt curtailment. Imports peaked at 137K units in 2020; however, from 2021 to 2022, imports failed to regain momentum.
In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type fell to $17M in 2022. The total import value increased at an average annual rate of +5.6% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 22% against the previous year. As a result, imports reached the peak of $17M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Taiwan (Chinese) | 3.7 | 3.8 | 6.2 | 29.4% | |
| France | 8.6 | 5.0 | 4.2 | -30.1% | |
| United States | 0.9 | 2.5 | 1.9 | 45.3% | |
| Netherlands | 1.8 | 1.5 | 1.0 | -25.5% | |
| China | 0.4 | 0.5 | 0.9 | 50.0% | |
| Italy | 0.6 | 2.1 | 0.7 | 8.0% | |
| Sweden | 0.3 | 0.3 | 0.3 | 0.0% | |
| Others | 0.9 | 1.1 | 1.4 | 24.7% | |
| Total | 17.2 | 16.8 | 16.6 | -1.8% | |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to Denmark in 2022:
- Taiwan (Chinese) (36.1K units)
- China (21.0K units)
- France (13.1K units)
- Italy (7.6K units)
- United States (6.2K units)
- Netherlands (4.1K units)
- Sweden (2.9K units)
Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Denmark
In 2022, shipments abroad of tools; for working in the hand, pneumatic, other than rotary type decreased by -15.1% to 36K units, falling for the second year in a row after two years of growth. In general, exports showed a pronounced downturn. The pace of growth was the most pronounced in 2020 when exports increased by 37%. As a result, the exports reached the peak of 54K units. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of tools; for working in the hand, pneumatic, other than rotary type reduced modestly to $7.8M in 2022. Overall, exports continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2020 when exports increased by 6.4% against the previous year. As a result, the exports attained the peak of $9.2M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 2,767 | 3,211 | 2,344 | 2,479 | -3.6% |
| Norway | 757 | 544 | 639 | 819 | 2.7% |
| Finland | 1,155 | 1,133 | 728 | 695 | -15.6% |
| Germany | 554 | 665 | 617 | 573 | 1.1% |
| Netherlands | 1,065 | 1,332 | 950 | 566 | -19.0% |
| France | 757 | 648 | 560 | 471 | -14.6% |
| Switzerland | 7.5 | 11.3 | 112 | 246 | 220.1% |
| Iceland | 179 | 162 | 215 | 244 | 10.9% |
| Austria | 139 | 167 | 190 | 216 | 15.8% |
| United Kingdom | 160 | 122 | 221 | 201 | 7.9% |
| Ireland | 86.4 | 106 | 240 | 159 | 22.5% |
| Estonia | 164 | 179 | 169 | 155 | -1.9% |
| Japan | N/A | N/A | N/A | 53.0 | 0% |
| Others | 831 | 893 | 1,228 | 949 | 4.5% |
| Total | 8,622 | 9,173 | 8,215 | 7,826 | -3.2% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from Denmark in 2022:
- Sweden (9.4K units)
- Norway (5.3K units)
- Finland (3.4K units)
- Germany (3.2K units)
- Netherlands (2.7K units)
- France (1.5K units)
- Switzerland (1.3K units)
- United Kingdom (1.2K units)
- Austria (1.1K units)
- Estonia (0.8K units)
- Iceland (0.8K units)
- Japan (0.8K units)
- Ireland (0.7K units)
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