Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in the Netherlands - 2023
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in the Netherlands (CIF) - 2023
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in the Netherlands (FOB) - 2023
- Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in the Netherlands
- Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in the Netherlands
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in the Netherlands (CIF) - 2023
In December 2023, the average import price for tools; for working in the hand, pneumatic, other than rotary type amounted to $177 per unit, remaining stable against the previous month. Over the period under review, import price indicated a modest expansion from December 2022 to December 2023: its price increased at an average monthly rate of +1.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for tools; for working in the hand, pneumatic, other than rotary type decreased by -17.3% against October 2023 indices. The growth pace was the most rapid in February 2023 an increase of 89% m-o-m. The import price peaked at $221 per unit in April 2023; however, from May 2023 to December 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Italy ($543 per unit), while the price for Denmark ($50.4 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 Italy (+7.4%), 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 the Netherlands (FOB) - 2023
In December 2023, the average export price for tools; for working in the hand, pneumatic, other than rotary type amounted to $289 per unit, jumping by 21% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in July 2023 an increase of 31% m-o-m. As a result, the export price attained the peak level of $330 per unit. From August 2023 to December 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($1,031 per unit), while the average price for exports to France ($107 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 Turkey (+13.2%), 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 the Netherlands
In 2022, the amount of tools; for working in the hand, pneumatic, other than rotary type imported into the Netherlands expanded markedly to 296K units, with an increase of 7.2% against 2021 figures. Overall, imports enjoyed a prominent expansion. The pace of growth was the most pronounced in 2021 when imports increased by 13%. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type fell remarkably to $22M in 2022. Over the period under review, imports, however, saw a abrupt setback. The pace of growth was the most pronounced in 2020 when imports increased by 2.3%. Imports peaked at $29M in 2021, and then shrank significantly in the following year.
| Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| China | 4.1 | 8.1 | 5.8 | 18.9% | |
| Taiwan (Chinese) | 2.4 | 3.3 | 2.9 | 9.9% | |
| Italy | 1.3 | 1.5 | 2.2 | 30.1% | |
| Germany | 14.6 | 7.0 | 2.2 | -61.2% | |
| Sweden | 1.1 | 1.8 | 1.5 | 16.8% | |
| Poland | 0.1 | 0.5 | 1.1 | 231.7% | |
| United Kingdom | 0.4 | 0.8 | 0.9 | 50.0% | |
| United States | 1.1 | 1.0 | 0.8 | -14.7% | |
| Denmark | 0.7 | 0.7 | 0.4 | -24.4% | |
| Others | 3.2 | 4.6 | 4.1 | 13.2% | |
| Total | 29.0 | 29.2 | 21.9 | -13.1% | |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to the Netherlands in 2022:
- China (167.9K units)
- Taiwan (Chinese) (27.3K units)
- Italy (17.6K units)
- Germany (15.6K units)
- Sweden (15.1K units)
- Denmark (13.8K units)
- Poland (8.3K units)
- United Kingdom (7.4K units)
- United States (4.7K units)
Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in the Netherlands
In 2022, shipments abroad of tools; for working in the hand, pneumatic, other than rotary type decreased by -34.3% to 96K units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2021 when exports increased by 126%. As a result, the exports reached the peak of 146K units, and then fell significantly in the following year.
In value terms, exports of tools; for working in the hand, pneumatic, other than rotary type shrank to $19M in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +12.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 69% against the previous year. As a result, the exports reached the peak of $21M, and then dropped in the following year.
| Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in the Netherlands (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2,044 | 2,778 | 4,508 | 3,787 | 22.8% |
| United Kingdom | 1,206 | 771 | 3,413 | 1,558 | 8.9% |
| France | 1,160 | 1,274 | 1,920 | 1,553 | 10.2% |
| Belgium | 1,175 | 1,397 | 1,880 | 1,539 | 9.4% |
| Brazil | 551 | 44.4 | 194 | 954 | 20.1% |
| Denmark | 842 | 719 | 1,031 | 857 | 0.6% |
| Italy | 329 | 324 | 880 | 806 | 34.8% |
| Trinidad and Tobago | 8.8 | N/A | N/A | 805 | 350.6% |
| Finland | 526 | 476 | 997 | 651 | 7.4% |
| Spain | 260 | 490 | 767 | 606 | 32.6% |
| Portugal | 43.6 | 196 | 418 | 557 | 133.8% |
| Czech Republic | 105 | 414 | 306 | 383 | 53.9% |
| Hungary | 49.5 | 66.9 | 247 | 311 | 84.5% |
| Others | 5,256 | 3,619 | 4,676 | 4,761 | -3.2% |
| Total | 13,557 | 12,569 | 21,237 | 19,130 | 12.2% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from the Netherlands in 2022:
- Germany (22.9K units)
- United Kingdom (12.2K units)
- Belgium (8.4K units)
- France (7.7K units)
- Czech Republic (6.6K units)
- Denmark (4.1K units)
- Portugal (3.2K units)
- Spain (3.1K units)
- Italy (2.8K units)
- Hungary (2.5K units)
- Brazil (2.4K units)
- Finland (2.1K units)
- Trinidad and Tobago (2.1K units)
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