Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Turkey - 2022
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Turkey (CIF) - 2022
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Turkey (FOB) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Turkey
- Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Turkey
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Turkey (CIF) - 2022
In 2022, the average import price for tools; for working in the hand, pneumatic, other than rotary type amounted to $106 per unit, waning by -2.9% against the previous year. In general, the import price recorded a abrupt descent. The pace of growth appeared the most rapid in 2015 an increase of 28%. As a result, import price attained the peak level of $211 per unit. From 2016 to 2022, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($123 per unit) and Taiwan (Chinese) ($115 per unit), while the price for China ($92 per unit) and Italy ($115 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.2%), while the prices for the other major suppliers experienced a decline.
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Turkey (FOB) - 2022
The average export price for tools; for working in the hand, pneumatic, other than rotary type stood at $262 per unit in 2022, surging by 16% against the previous year. Over the period under review, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for tools; for working in the hand, pneumatic, other than rotary type increased by +19.7% against 2020 indices. The pace of growth appeared the most rapid in 2019 an increase of 48%. As a result, the export price reached the peak level of $349 per unit. From 2020 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($617 per unit), while the average price for exports to Turkmenistan ($152 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 Colombia (+9.1%), 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 Turkey
In 2022, the amount of tools; for working in the hand, pneumatic, other than rotary type imported into Turkey stood at 141K units, growing by 2.8% against the year before. In general, imports enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 59% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type shrank to $15M in 2022. Overall, imports showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 71%. Imports peaked at $15M in 2021, and then declined modestly in the following year.
| Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.4 | 3.2 | 4.9 | 5.3 | 55.9% |
| Taiwan (Chinese) | 1.2 | 2.8 | 5.4 | 5.1 | 62.0% |
| Austria | 0.3 | 0.4 | 0.8 | 0.8 | 38.7% |
| Germany | 0.6 | 1.8 | 1.4 | 0.8 | 10.1% |
| United States | 1.2 | 0.6 | 0.5 | 0.7 | -16.4% |
| France | 0.2 | 0.2 | 0.2 | 0.5 | 35.7% |
| South Korea | 0.1 | 0.2 | 0.1 | 0.4 | 58.7% |
| Italy | 0.3 | 0.2 | 0.4 | 0.3 | 0.0% |
| Others | 0.7 | 0.9 | 1.1 | 1.0 | 12.6% |
| Total | 6.0 | 10.3 | 15.0 | 14.9 | 35.4% |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to Turkey in 2022:
- China (57.8K units)
- Taiwan (Chinese) (44.3K units)
- Austria (6.9K units)
- Germany (6.9K units)
- United States (5.3K units)
- France (4.2K units)
- South Korea (3.4K units)
- Italy (3.0K units)
Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Turkey
After three years of growth, overseas shipments of tools; for working in the hand, pneumatic, other than rotary type decreased by -9.5% to 8.4K units in 2022. In general, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +15.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.2% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 49% against the previous year. As a result, the exports reached the peak of 9.3K units, and then declined in the following year.
In value terms, exports of tools; for working in the hand, pneumatic, other than rotary type stood at $2.2M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +5.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 54% against the previous year. Over the period under review, the exports of tools; for working in hand, pneumatic, other than rotary type attained the maximum in 2022 and are expected to retain growth in years to come.
| Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 105 | 134 | 241 | 585 | 77.3% |
| Russia | 27.2 | 14.1 | 130 | 164 | 82.0% |
| Iraq | 61.8 | 29.3 | 26.3 | 123 | 25.8% |
| Iran | 70.8 | 127 | 110 | 105 | 14.0% |
| Germany | 65.7 | 41.6 | 116 | 94.7 | 13.0% |
| Georgia | 65.5 | 55.4 | 51.4 | 78.9 | 6.4% |
| Denmark | 0.8 | 2.7 | 0.9 | 66.2 | 335.8% |
| Azerbaijan | 62.1 | 47.0 | 74.2 | 65.9 | 2.0% |
| Uzbekistan | 106 | 59.4 | 111 | 61.3 | -16.7% |
| Senegal | 5.8 | 5.7 | 7.8 | 46.9 | 100.7% |
| Bulgaria | 102 | 95.0 | 48.4 | 42.4 | -25.4% |
| Nigeria | 0.4 | 0.2 | 4.5 | 41.6 | 370.3% |
| Turkmenistan | 31.5 | 19.2 | 24.4 | 29.4 | -2.3% |
| Others | 1,199 | 734 | 1,150 | 701 | -16.4% |
| Total | 1,903 | 1,364 | 2,096 | 2,205 | 5.0% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from Turkey in 2022:
- Colombia (947.0 units)
- Russia (703.0 units)
- Iran (626.0 units)
- Iraq (424.0 units)
- Georgia (395.0 units)
- Denmark (346.0 units)
- Azerbaijan (341.0 units)
- Nigeria (268.0 units)
- Uzbekistan (254.0 units)
- Senegal (246.0 units)
- Bulgaria (237.0 units)
- Germany (215.0 units)
- Turkmenistan (194.0 units)
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