Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in the Czech Republic - 2023
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in the Czech Republic (CIF) - 2023
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in the Czech Republic (FOB) - 2023
- Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in the Czech Republic
- Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in the Czech Republic
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in the Czech Republic (CIF) - 2023
In December 2023, the average import price for tools; for working in the hand, pneumatic, other than rotary type amounted to $132 per unit, picking up by 6.2% against the previous month. Over the period under review, the import price, however, recorded a noticeable setback. The growth pace was the most rapid in July 2023 when the average import price increased by 23% month-to-month. Over the period under review, average import prices attained the peak figure at $210 per unit in December 2022; however, from January 2023 to December 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($398 per unit), while the price for Poland ($52.3 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 China (+7.7%), 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 the Czech Republic (FOB) - 2023
The average export price for tools; for working in the hand, pneumatic, other than rotary type stood at $291 per unit in December 2023, with an increase of 25% against the previous month. Over the period under review, export price indicated slight growth from December 2022 to December 2023: its price increased at an average monthly rate of +1.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, export price for tools; for working in the hand, pneumatic, other than rotary type increased by +46.9% against August 2023 indices. The pace of growth appeared the most rapid in May 2023 when the average export price increased by 37% month-to-month. The export price peaked at $318 per unit in July 2023; however, from August 2023 to December 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($1,443 per unit), while the average price for exports to Belgium ($57.6 per unit) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+13.0%), 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 the Czech Republic
For the fourth consecutive year, the Czech Republic recorded growth in overseas purchases of tools; for working in the hand, pneumatic, other than rotary type, which increased by 21% to 48K units in 2022. Over the period under review, imports enjoyed resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type expanded rapidly to $6.4M in 2022. The total import value increased at an average annual rate of +3.5% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 15% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Germany | 1,761 | 1,816 | 1,776 | 0.4% | |
| Poland | 525 | 909 | 1,019 | 39.3% | |
| Slovakia | 380 | 487 | 806 | 45.6% | |
| Austria | 513 | 589 | 597 | 7.9% | |
| China | 165 | 266 | 370 | 49.7% | |
| Netherlands | 376 | 299 | 364 | -1.6% | |
| Italy | 210 | 204 | 221 | 2.6% | |
| Others | 1,035 | 1,164 | 1,222 | 8.7% | |
| Total | 4,965 | 5,734 | 6,374 | 13.3% | |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to the Czech Republic in 2022:
- Slovakia (10.8K units)
- Poland (9.6K units)
- China (8.3K units)
- Germany (7.8K units)
- Netherlands (4.4K units)
- Austria (2.7K units)
- Italy (1.6K units)
Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in the Czech Republic
In 2022, exports of tools; for working in the hand, pneumatic, other than rotary type from the Czech Republic stood at 27K units, with an increase of 9.5% on 2021 figures. The total export volume increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, the exports reached 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 contracted slightly to $5.7M in 2022. The total export value increased at an average annual rate of +1.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 27%. As a result, the exports reached the peak of $5.8M, and then dropped slightly in the following year.
| Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,116 | 1,179 | 1,288 | 986 | -4.0% |
| Slovakia | 729 | 579 | 857 | 880 | 6.5% |
| Netherlands | 1,138 | 677 | 1,045 | 831 | -9.9% |
| United States | 487 | 364 | 569 | 771 | 16.5% |
| France | 578 | 413 | 498 | 637 | 3.3% |
| China | 53.1 | 110 | 177 | 268 | 71.5% |
| Austria | 149 | 162 | 200 | 175 | 5.5% |
| Poland | 155 | 141 | 109 | 114 | -9.7% |
| United Arab Emirates | 0.8 | 0.6 | N/A | 98.1 | 396.8% |
| Spain | 91.9 | 87.2 | 87.9 | 78.6 | -5.1% |
| Hungary | 92.8 | 96.6 | 71.5 | 68.5 | -9.6% |
| Italy | 120 | 67.4 | 78.6 | 65.4 | -18.3% |
| Belgium | 28.2 | 47.5 | 26.2 | 42.0 | 14.2% |
| Others | 687 | 653 | 783 | 666 | -1.0% |
| Total | 5,427 | 4,577 | 5,791 | 5,681 | 1.5% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from the Czech Republic in 2022:
- Germany (6.6K units)
- Slovakia (4.8K units)
- France (3.2K units)
- Netherlands (2.4K units)
- United Arab Emirates (1.9K units)
- United States (1.5K units)
- Austria (1.1K units)
- Hungary (0.7K units)
- Poland (0.6K units)
- Belgium (0.6K units)
- China (0.5K units)
- Italy (0.4K units)
- Spain (0.3K units)
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