Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Hong Kong SAR - 2023
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Hong Kong SAR (CIF) - 2022
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Hong Kong SAR (FOB) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Hong Kong SAR
- Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Hong Kong SAR
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for tools; for working in the hand, pneumatic, other than rotary type amounted to $39 per unit, rising by 2.2% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2014 an increase of 34% against the previous year. As a result, import price attained the peak level of $78 per unit. From 2015 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($697 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 Germany (+14.9%), 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 Hong Kong SAR (FOB) - 2022
In 2022, the average export price for tools; for working in the hand, pneumatic, other than rotary type amounted to $39 per unit, falling by -55.4% against the previous year. Over the period under review, the export price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2019 when the average export price increased by 54%. The export price peaked at $128 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($211 per unit), while the average price for exports to the United States ($25 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 Taiwan (Chinese) (+3.5%), while the prices for the other major destinations experienced a decline.
Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Hong Kong SAR
Imports of tools; for working in the hand, pneumatic, other than rotary type into Hong Kong SAR dropped markedly to 34K units in 2022, with a decrease of -22.3% compared with the previous year's figure. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +9.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.9% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 84%. As a result, imports attained the peak of 43K units, and then declined dramatically in the following year.
In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type declined notably to $1.3M in 2022. Over the period under review, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 9.8%. Imports peaked at $1.7M 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 Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 148 | 92.2 | 113 | 399 | 39.2% |
| Japan | 169 | 222 | 281 | 319 | 23.6% |
| United States | 161 | 189 | 37.6 | 228 | 12.3% |
| Taiwan (Chinese) | 409 | 573 | 675 | 192 | -22.3% |
| Italy | 92.2 | 105 | 154 | 35.1 | -27.5% |
| Others | 704 | 328 | 397 | 141 | -41.5% |
| Total | 1,683 | 1,509 | 1,657 | 1,315 | -7.9% |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to Hong Kong SAR in 2022:
- China (22.0K units)
- Taiwan (Chinese) (5.1K units)
- Japan (4.4K units)
- United States (1.4K units)
- Italy (0.4K units)
Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Hong Kong SAR
Exports of tools; for working in the hand, pneumatic, other than rotary type from Hong Kong SAR skyrocketed to 18K units in 2022, jumping by 99% compared with the previous year. In general, exports enjoyed a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of tools; for working in the hand, pneumatic, other than rotary type declined to $715K in 2022. Over the period under review, exports, however, recorded a abrupt slump. The smallest decline of -10.5% was in 2021. The exports peaked at $1.2M 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 Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 261 | 476 | 324 | 342 | 9.4% |
| China | 412 | 237 | 170 | 122 | -33.3% |
| Taiwan (Chinese) | 50.8 | 25.2 | 54.1 | 38.2 | -9.1% |
| Germany | 36.6 | 55.2 | 70.5 | 34.0 | -2.4% |
| Mexico | 25.0 | 36.1 | 9.8 | 26.6 | 2.1% |
| United Kingdom | 54.0 | 3.4 | 44.5 | 21.7 | -26.2% |
| Australia | 51.9 | 5.8 | 8.5 | 18.2 | -29.5% |
| Malaysia | 141 | N/A | N/A | N/A | 0% |
| Others | 198 | 61.9 | 125 | 113 | -17.1% |
| Total | 1,230 | 901 | 807 | 715 | -16.5% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from Hong Kong SAR in 2022:
- United States (13.8K units)
- China (2.1K units)
- Mexico (0.5K units)
- Germany (0.5K units)
- United Kingdom (0.4K units)
- Australia (0.2K units)
- Taiwan (Chinese) (0.2K units)
438
This report provides an in-depth analysis of the market for pneumatic or hydraulic hand tool in Hong Kong SAR, China.
384
This report provides an in-depth analysis of the power tool market in Hong Kong SAR, China.
262
This report provides an in-depth analysis of the market for electromechanical tools for working in the hand, with self-contained electric motor in Hong Kong SAR, China.
458
This report provides an in-depth analysis of the non-electric motor handtools market in Hong Kong SAR, China.
280
This report provides an in-depth analysis of the non-electric chainsaw market in Hong Kong SAR, China.
988
This report provides an in-depth analysis of the global market for pneumatic or hydraulic hand tool.
374
Global Hand Tools Market Report 2018. This report provides an in-depth analysis of the global hand tools market.
2190
This report provides an in-depth analysis of the global power tool market.
563
This report provides an in-depth analysis of the global market for electromechanical tools for working in the hand, with self-contained electric motor.
518
This report provides an in-depth analysis of the global non-electric motor handtools market.
262
In March 2023, the power tool price stood at $61.3 per unit (CIF, Hong Kong), with an increase of 5.7% against the previous month.
324
Discover the top import markets for power tools based on their import value in 2022. Get valuable insights on the global demand for power tools and potential opportunities for manufacturers and exporters.
979
In 2016, the global imports of electro-mechanical tool totaled X tons, picking up by X% against the previous year figure. Overall, electro-mechanical tool imports continue to indicate a relativel...
804
In 2016, the global imports of electro-mechanical tool totaled X tons, picking up by X% against the previous year figure. Overall, electro-mechanical tool imports continue to indicate a relativel...
1527
Global electro-mechanical tool market production (drills of all kinds, saws or other) was estimated
1197
In 2015, the value of total imports on the global electro-mechanical tool market stood at X million USD. Overall, there was an annual increase of +X% for the period from 2007 to 2015. In physical terms, the total volume of electro-mechanical too
1277
From 2007 to 2015, global consumption on the electro-mechanical tool market grew annually by +X%. The highest annual rates of growth with regard to electro-mechanical tools (drills of all kinds, saws or other) consumption from 2007 to 2015, were reco
1352
From 2007 to 2015, global exports of electro-mechanical tools (drills of all kinds, saws or other) increased by +X% per year, amounting to X million USD in 2015. In physical terms, exports reached X million units in 2015, and remained stable a
971
China dominates in the global electro-mechanical tool trade. In 2014, China exported X thousand tons of electro-mechanical tools totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X
119
Explore the top import markets for electromechanical tools for working in the hand, with self-contained electric motors. Discover key statistics and numbers from leading countries.
