Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Latvia - 2023
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Latvia (CIF) - 2022
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Latvia (FOB) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Latvia
- Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Latvia
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Latvia (CIF) - 2022
In 2022, the average import price for tools; for working in the hand, pneumatic, other than rotary type amounted to $139 per unit, picking up by 4.1% against the previous year. In general, the import price, however, recorded a deep contraction. Over the period under review, average import prices hit record highs at $155 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 Estonia ($190 per unit), while the price for China ($59 per unit) was amongst the lowest.
From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+10.9%), 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 Latvia (FOB) - 2022
In 2022, the average export price for tools; for working in the hand, pneumatic, other than rotary type amounted to $247 per unit, jumping by 73% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 121% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
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 Germany ($281 per unit), while the average price for exports to the Netherlands ($121 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 Germany (+3.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Latvia
In 2022, purchases abroad of tools; for working in the hand, pneumatic, other than rotary type decreased by -22.2% to 5.8K units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of 65% against the previous year. As a result, imports attained the peak of 7.4K units, and then shrank rapidly in the following year.
In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type contracted markedly to $802K in 2022. In general, imports, however, saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 55%. Over the period under review, imports of tools; for working in hand, pneumatic, other than rotary type reached the maximum at $990K in 2021, and then contracted rapidly in the following year.
Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
Finland | 115 | 223 | 209 | 34.8% | |
Estonia | 99.3 | 138 | 150 | 22.9% | |
Lithuania | 56.6 | 118 | 103 | 34.9% | |
Poland | 54.5 | 152 | 84.9 | 24.8% | |
Sweden | 56.5 | 65.1 | 77.7 | 17.3% | |
Germany | 117 | 125 | 64.8 | -25.6% | |
China | 34.2 | 11.3 | 31.2 | -4.5% | |
Others | 161 | 158 | 81.1 | -29.0% | |
Total | 694 | 990 | 802 | 7.5% |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to Latvia in 2022:
- Finland (1414.0 units)
- Lithuania (1204.0 units)
- Estonia (788.0 units)
- Poland (571.0 units)
- China (528.0 units)
- Sweden (455.0 units)
- Germany (367.0 units)
Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Latvia
In 2022, shipments abroad of tools; for working in the hand, pneumatic, other than rotary type decreased by -69% to 526 units, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2020 when exports increased by 348%. As a result, the exports attained the peak of 3.8K units. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of tools; for working in the hand, pneumatic, other than rotary type plummeted to $130K in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 90% against the previous year. As a result, the exports attained the peak of $244K. 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 Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Estonia | 44.2 | 16.5 | 20.9 | 34.3 | -8.1% |
Lithuania | 20.4 | 32.7 | 38.8 | 32.9 | 17.3% |
Russia | 29.4 | 169 | 150 | 23.9 | -6.7% |
Sweden | 2.8 | 0.2 | 7.8 | 13.9 | 70.6% |
Netherlands | N/A | 4.4 | 18.0 | 5.3 | 9.8% |
Ecuador | N/A | 2.9 | N/A | N/A | 0% |
India | N/A | 5.9 | N/A | N/A | 0% |
Others | 31.5 | 12.7 | 6.3 | 19.4 | -14.9% |
Total | 128 | 244 | 242 | 130 | 0.5% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from Latvia in 2022:
- Estonia (163.0 units)
- Lithuania (130.0 units)
- Russia (94.0 units)
- Sweden (65.0 units)
- Netherlands (44.0 units)
This report provides an in-depth analysis of the market for pneumatic or hydraulic hand tool in Latvia.
This report provides an in-depth analysis of the power tool market in Latvia.
This report provides an in-depth analysis of the non-electric motor handtools market in Latvia.
This report provides an in-depth analysis of the non-electric chainsaw market in Latvia.
This report provides an in-depth analysis of the global market for pneumatic or hydraulic hand tool.
Global Hand Tools Market Report 2018. This report provides an in-depth analysis of the global hand tools market.
This report provides an in-depth analysis of the global power tool market.
This report provides an in-depth analysis of the global market for electromechanical tools for working in the hand, with self-contained electric motor.
This report provides an in-depth analysis of the global non-electric motor handtools market.
Global Electropneumatic Drill Market Report 2018. This report provides an in-depth analysis of the global electropneumatic drill market.
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.
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...
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...
Global electro-mechanical tool market production (drills of all kinds, saws or other) was estimated
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
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
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
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
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.
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.