Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Serbia - 2022
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Serbia (CIF) - 2022
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Serbia (FOB) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Serbia
- Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Serbia
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Serbia (CIF) - 2022
In 2022, the average import price for tools; for working in the hand, pneumatic, other than rotary type amounted to $93 per unit, surging by 2.5% against the previous year. In general, the import price, however, continues to indicate a deep contraction. The growth pace was the most rapid in 2015 an increase of 30%. As a result, import price reached the peak level of $212 per unit. From 2016 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($102 per unit), while the price for Hungary ($47 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+9.7%), 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 Serbia (FOB) - 2022
The average export price for tools; for working in the hand, pneumatic, other than rotary type stood at $186 per unit in 2022, with a decrease of -22.8% against the previous year. Over the period under review, the export price recorded a perceptible contraction. The most prominent rate of growth was recorded in 2021 an increase of 12% against the previous year. The export price peaked at $241 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Romania ($192 per unit) and Equatorial Guinea ($191 per unit), while the average price for exports to India ($184 per unit) and Cyprus ($186 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+41.2%), 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 Serbia
Imports of tools; for working in the hand, pneumatic, other than rotary type into Serbia skyrocketed to 16K units in 2022, jumping by 16% against 2021. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +14.2% 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 +48.9% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 27% against the previous year. Over the period under review, imports of tools; for working in hand, pneumatic, other than rotary type reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type skyrocketed to $1.4M in 2022. The total import value increased at an average annual rate of +7.6% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 321 | 417 | 370 | 513 | 16.9% |
| Germany | 160 | 202 | 162 | 229 | 12.7% |
| United States | 104 | 57.2 | 49.2 | 133 | 8.5% |
| Hungary | 2.1 | 0.5 | 178 | 110 | 274.2% |
| Taiwan (Chinese) | 86.0 | 12.6 | 91.4 | 93.4 | 2.8% |
| Poland | 59.6 | 62.6 | 74.3 | 64.1 | 2.5% |
| Italy | 67.7 | 153 | 84.5 | 59.2 | -4.4% |
| India | 61.3 | 56.4 | 65.0 | 36.3 | -16.0% |
| France | 15.3 | 8.5 | 10.9 | 30.4 | 25.7% |
| Belgium | 18.0 | 23.6 | 20.0 | 26.2 | 13.3% |
| Slovenia | 29.9 | 16.2 | 14.8 | 13.5 | -23.3% |
| Others | 234 | 147 | 99.0 | 136 | -16.5% |
| Total | 1,158 | 1,156 | 1,219 | 1,444 | 7.6% |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to Serbia in 2022:
- China (5.0K units)
- Hungary (2.4K units)
- Germany (2.2K units)
- United States (1.3K units)
- Taiwan (Chinese) (0.9K units)
- Italy (0.6K units)
- Poland (0.6K units)
- India (0.4K units)
- Belgium (0.4K units)
- France (0.3K units)
- Slovenia (0.1K units)
Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Serbia
Exports of tools; for working in the hand, pneumatic, other than rotary type from Serbia skyrocketed to 1.1K units in 2022, jumping by 19% against 2021. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 53%. Over the period under review, the exports of tools; for working in hand, pneumatic, other than rotary type hit record highs 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 declined to $213K in 2022. In general, exports saw a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 71%. As a result, the exports reached the peak of $233K, and then reduced in the following year.
| Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 36.9 | 39.0 | 63.3 | 54.9 | 14.2% |
| Germany | 9.3 | 22.3 | 58.8 | 40.9 | 63.8% |
| Portugal | N/A | N/A | N/A | 26.3 | 0% |
| Equatorial Guinea | 1.4 | 2.6 | 4.6 | 10.3 | 94.5% |
| Slovenia | 2.1 | 2.4 | 2.2 | 8.2 | 57.5% |
| Montenegro | 4.7 | 5.7 | 13.1 | 8.1 | 19.9% |
| Romania | 4.5 | 6.9 | 1.5 | 6.2 | 11.3% |
| North Macedonia | 4.6 | 4.7 | 9.0 | 5.3 | 4.8% |
| Croatia | 2.5 | 4.0 | 35.1 | 5.2 | 27.7% |
| Cyprus | 0.3 | 2.4 | 5.2 | 5.2 | 158.8% |
| Russia | 0.6 | 1.4 | N/A | 5.2 | 105.4% |
| Bulgaria | 2.2 | 9.9 | 3.8 | 4.7 | 28.8% |
| India | 3.1 | 3.9 | 4.5 | 4.4 | 12.4% |
| Others | 33.5 | 30.9 | 31.6 | 28.5 | -5.2% |
| Total | 106 | 136 | 233 | 213 | 26.2% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from Serbia in 2022:
- Bosnia and Herzegovina (290.0 units)
- Germany (216.0 units)
- Portugal (138.0 units)
- Equatorial Guinea (54.0 units)
- Montenegro (43.0 units)
- Slovenia (43.0 units)
- Romania (32.0 units)
- North Macedonia (28.0 units)
- Croatia (28.0 units)
- Cyprus (28.0 units)
- Russia (28.0 units)
- Bulgaria (25.0 units)
- India (24.0 units)
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