Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Switzerland - 2024
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Switzerland (CIF) - 2024
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Switzerland (FOB) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Switzerland
- Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Switzerland
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Switzerland (CIF) - 2024
The average import price for tools; for working in the hand, pneumatic, other than rotary type stood at $203 per unit in January 2024, declining by -28.1% against the previous month. In general, the import price continues to indicate a mild contraction. The pace of growth appeared the most rapid in October 2023 an increase of 156% m-o-m. The import price peaked at $283 per unit in December 2023, and then fell sharply in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($378 per unit), while the price for China ($101 per unit) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Denmark (+14.1%), 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 Switzerland (FOB) - 2022
In 2022, the average export price for tools; for working in the hand, pneumatic, other than rotary type amounted to $620 per unit, jumping by 35% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($1,052 per unit), while the average price for exports to Romania ($224 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 Ireland (+9.2%), 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 Switzerland
In 2022, approx. 43K units of tools; for working in the hand, pneumatic, other than rotary type were imported into Switzerland; with a decrease of -2.5% compared with 2021 figures. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume 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 +46.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 50% against the previous year. As a result, imports attained the peak of 44K units, and then dropped modestly in the following year.
In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type expanded to $7.5M in 2022. The total import value increased at an average annual rate of +6.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 35%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,355 | 1,416 | 1,643 | 1,771 | 9.3% |
| United States | 725 | 609 | 1,181 | 1,335 | 22.6% |
| Taiwan (Chinese) | 732 | 581 | 913 | 1,130 | 15.6% |
| China | 491 | 391 | 686 | 615 | 7.8% |
| Austria | 757 | 598 | 620 | 584 | -8.3% |
| Italy | 373 | 316 | 347 | 409 | 3.1% |
| Netherlands | 781 | 557 | 621 | 378 | -21.5% |
| Others | 975 | 840 | 1,158 | 1,285 | 9.6% |
| Total | 6,189 | 5,307 | 7,170 | 7,508 | 6.7% |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to Switzerland in 2022:
- Taiwan (Chinese) (12.6K units)
- China (11.3K units)
- Germany (8.4K units)
- United States (2.3K units)
- Italy (2.1K units)
- Netherlands (1.7K units)
- Austria (1.3K units)
Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Switzerland
For the third consecutive year, Switzerland recorded decline in overseas shipments of tools; for working in the hand, pneumatic, other than rotary type, which decreased by -27.1% to 11K units in 2022. Over the period under review, exports showed a deep downturn. The smallest decline of -1.6% was in 2020. The exports peaked at 20K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of tools; for working in the hand, pneumatic, other than rotary type shrank to $6.8M in 2022. In general, exports showed a abrupt decline. The exports peaked at $8.6M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2,203 | 2,011 | 1,791 | 1,683 | -8.6% |
| France | 498 | 256 | 1,401 | 720 | 13.1% |
| Italy | 408 | 208 | 301 | 712 | 20.4% |
| United States | 936 | 751 | 699 | 637 | -12.0% |
| United Kingdom | 84.3 | 69.4 | 127 | 595 | 91.8% |
| China | 178 | 163 | 494 | 275 | 15.6% |
| Ireland | 0.7 | 0.4 | 35.4 | 155 | 505.0% |
| Spain | 192 | 165 | 97.0 | 151 | -7.7% |
| Austria | 346 | 242 | 146 | 134 | -27.1% |
| Netherlands | 57.2 | 92.7 | 74.4 | 96.7 | 19.1% |
| Israel | 118 | 88.5 | 113 | 94.0 | -7.3% |
| Romania | 15.2 | 16.0 | 5.9 | 67.6 | 64.5% |
| Denmark | 39.0 | 115 | 50.3 | 62.8 | 17.2% |
| Others | 3,475 | 3,091 | 1,595 | 1,436 | -25.5% |
| Total | 8,551 | 7,271 | 6,931 | 6,819 | -7.3% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from Switzerland in 2022:
- Germany (2744.0 units)
- France (1210.0 units)
- United States (1060.0 units)
- United Kingdom (988.0 units)
- Italy (901.0 units)
- Austria (470.0 units)
- Romania (302.0 units)
- Spain (265.0 units)
- China (261.0 units)
- Israel (212.0 units)
- Netherlands (198.0 units)
- Ireland (192.0 units)
- Denmark (173.0 units)
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