Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Germany - 2023
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Germany (FOB) - 2023
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Germany (CIF) - 2023
- Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Germany
- Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Germany
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Germany (FOB) - 2023
The average export price for tools; for working in the hand, pneumatic, other than rotary type stood at $543 per unit in December 2023, declining by -8.8% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2023 an increase of 29% against the previous month. As a result, the export price attained the peak level of $597 per unit. From October 2023 to December 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($1,253 per unit), while the average price for exports to Denmark ($212 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 UK (+6.4%), 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 Germany (CIF) - 2023
In December 2023, the average import price for tools; for working in the hand, pneumatic, other than rotary type amounted to $230 per unit, which is down by -4.7% against the previous month. In general, import price indicated pronounced growth from December 2022 to December 2023: its price increased at an average monthly rate of +4.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for tools; for working in the hand, pneumatic, other than rotary type increased by +8.9% against October 2023 indices. The most prominent rate of growth was recorded in January 2023 an increase of 102% m-o-m. As a result, import price reached the peak level of $260 per unit. From February 2023 to December 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($1,658 per unit), while the price for Turkey ($37.2 per unit) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Belgium (+13.0%), 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 Germany
In 2022, the amount of tools; for working in the hand, pneumatic, other than rotary type exported from Germany shrank sharply to 141K units, which is down by -31.8% against the year before. Overall, exports showed a sharp slump. The smallest decline of -2.9% was in 2021. The exports peaked at 280K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of tools; for working in the hand, pneumatic, other than rotary type fell to $60M in 2022. In general, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 22% against the previous year. As a result, the exports attained the peak of $63M, and then fell in the following year.
| Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 8.2 | 4.1 | 6.8 | 7.8 | -1.7% |
| Poland | 5.3 | 6.3 | 7.0 | 6.4 | 6.5% |
| France | 6.8 | 5.5 | 6.0 | 6.2 | -3.0% |
| China | 3.0 | 3.8 | 5.0 | 5.0 | 18.6% |
| Austria | 3.0 | 3.4 | 3.7 | 3.2 | 2.2% |
| Italy | 3.7 | 2.9 | 3.1 | 3.1 | -5.7% |
| Spain | 2.9 | 2.5 | 2.6 | 2.6 | -3.6% |
| Switzerland | 2.3 | 1.9 | 2.6 | 2.5 | 2.8% |
| Netherlands | 2.7 | 2.2 | 3.7 | 2.1 | -8.0% |
| Czech Republic | 2.1 | 2.0 | 2.5 | 2.1 | 0.0% |
| United Kingdom | 2.6 | 2.2 | 2.2 | 1.8 | -11.5% |
| Hungary | 1.2 | 1.2 | 1.9 | 1.6 | 10.1% |
| Belgium | 1.3 | 1.1 | 1.3 | 1.4 | 2.5% |
| Others | 16.1 | 13.2 | 15.1 | 14.3 | -3.9% |
| Total | 61.1 | 52.2 | 63.5 | 60.2 | -0.5% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from Germany in 2022:
- France (18.5K units)
- Poland (18.4K units)
- Austria (11.7K units)
- United States (10.5K units)
- Italy (7.4K units)
- Czech Republic (6.4K units)
- Spain (6.4K units)
- Switzerland (6.3K units)
- Netherlands (5.9K units)
- Belgium (4.5K units)
- China (4.4K units)
- United Kingdom (4.1K units)
- Hungary (3.6K units)
Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Germany
In 2022, approx. 225K units of tools; for working in the hand, pneumatic, other than rotary type were imported into Germany; waning by -10.9% against the year before. Overall, imports recorded a abrupt slump. The smallest decline of -8.8% was in 2021. Over the period under review, imports of tools; for working in hand, pneumatic, other than rotary type hit record highs at 277K 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 reduced to $36M in 2022. The total import value increased at an average annual rate of +2.2% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 16%. As a result, imports attained the peak of $42M, and then fell in the following year.
| Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Taiwan (Chinese) | 7.4 | 10.2 | 9.8 | 15.1% | |
| China | 6.3 | 5.5 | 6.8 | 3.9% | |
| Belgium | 6.8 | 8.5 | 3.9 | -24.3% | |
| Netherlands | 2.7 | 2.5 | 2.0 | -13.9% | |
| Austria | 1.6 | 1.7 | 1.6 | 0.0% | |
| Italy | 1.3 | 1.7 | 1.3 | 0.0% | |
| Poland | 0.9 | 1.6 | 1.3 | 20.2% | |
| United Kingdom | 1.4 | 1.8 | 1.3 | -3.6% | |
| Czech Republic | 0.9 | 1.2 | 1.1 | 10.6% | |
| Denmark | 1.0 | 1.0 | 0.9 | -5.1% | |
| Others | 6.0 | 6.4 | 6.6 | 4.9% | |
| Total | 36.2 | 42.0 | 36.5 | 0.4% | |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to Germany in 2022:
- China (68.9K units)
- Taiwan (Chinese) (47.3K units)
- Belgium (20.4K units)
- Netherlands (18.5K units)
- Poland (12.5K units)
- Italy (10.2K units)
- Czech Republic (10.1K units)
- Austria (9.8K units)
- Denmark (5.7K units)
- United Kingdom (4.5K units)
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