Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Ireland - 2023

Contents:

  1. Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Ireland (CIF) - 2023
  2. Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Ireland (FOB) - 2022
  3. Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Ireland
  4. Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Ireland

Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Ireland (CIF) - 2023

The average import price for tools; for working in the hand, pneumatic, other than rotary type stood at $266 per unit in December 2023, picking up by 72% against the previous month. In general, the import price saw a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $317 per unit in April 2023; however, from May 2023 to December 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($648 per unit), while the price for Finland ($117 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 Denmark (+18.4%), 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 Ireland (FOB) - 2022

In 2022, the average export price for tools; for working in the hand, pneumatic, other than rotary type amounted to $96 per unit, surging by 23% against the previous year. Overall, the export price, however, showed a abrupt contraction. The export price peaked at $322 per unit in 2012; however, from 2013 to 2022, the 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 Belgium ($168 per unit), while the average price for exports to South Korea ($58 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 Belgium (-0.2%), 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 Ireland

In 2022, imports of tools; for working in the hand, pneumatic, other than rotary type into Ireland soared to 19K units, picking up by 19% on the previous year. In general, imports recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 89%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type skyrocketed to $2.9M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +5.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +85.2% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 57% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Ireland (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
United Kingdom56167186324.0%
China21.7482635440.9%
Japan17452.429029.1%
Taiwan (Chinese)15620926029.1%
United States28.2102180152.6%
Denmark243466138-24.6%
Germany10441.21134.2%
France7.771.883.7229.7%
Belgium12691.678.3-21.2%
Others13626424233.4%
Total1,5572,4512,88336.1%

Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to Ireland in 2022:

  1. United Kingdom (6.6K units)
  2. China (6.1K units)
  3. Japan (1.6K units)
  4. Taiwan (Chinese) (1.4K units)
  5. United States (0.8K units)
  6. France (0.4K units)
  7. Germany (0.4K units)
  8. Denmark (0.3K units)
  9. Belgium (0.2K units)

Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Ireland

In 2022, the amount of tools; for working in the hand, pneumatic, other than rotary type exported from Ireland skyrocketed to 8.9K units, picking up by 480% compared with the previous year's figure. In general, exports saw significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 640% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of tools; for working in the hand, pneumatic, other than rotary type soared to $848K in 2022. Over the period under review, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland0.4N/A0.15381003.8%
United Kingdom40.224387.023981.2%
South KoreaN/AN/AN/A14.70%
Turkey3.211.11.98.840.1%
United States24.316611.13.1-49.7%
Others19.212.518.744.031.8%
Total87.3433119848113.4%

Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from Ireland in 2022:

  1. Poland (4.5K units)
  2. United Kingdom (3.3K units)
  3. South Korea (0.3K units)
  4. Turkey (0.1K units)
  5. United States (0.1K units)

Source: IndexBox Market Intelligence Platform

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