Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Angola - 2022

Contents:

  1. Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Angola (CIF) - 2022
  2. Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Angola (FOB) - 2022
  3. Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Angola
  4. Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Angola

Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Angola (CIF) - 2022

The average import price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) stood at $515 per unit in 2022, shrinking by -19.6% against the previous year. Overall, the import price showed a abrupt curtailment. The pace of growth appeared the most rapid in 2019 when the average import price increased by 20%. Over the period under review, average import prices reached the peak figure at $1,843 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($2,318 per unit), while the price for the Netherlands ($25 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (-0.7%), while the prices for the other major suppliers experienced a decline.

Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Angola (FOB) - 2022

The average export price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) stood at $1,027 per unit in 2022, growing by 60% against the previous year. Overall, the export price, however, continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2015 an increase of 177% against the previous year. The export price peaked at $1,467 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($1,099 per unit), while the average price for exports to the Netherlands ($89 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 South Korea (+170,814.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Angola

In 2022, the amount of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) imported into Angola skyrocketed to 1.6K units, picking up by 37% compared with the year before. In general, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 86% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) expanded sharply to $848K in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +7.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +83.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 66% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France20438.7154181-3.9%
Portugal123121205110-3.7%
United States73.118.455.598.510.5%
Germany1.17.917.267.9295.2%
Italy38.373.771.967.821.0%
China54.512.023.061.13.9%
Belgium4.38.61.045.4119.4%
United Kingdom20.627.154.343.328.1%
Turkey7.03.60.541.080.3%
Singapore15.96.082.44.9-32.5%
Others134145104128-1.5%
Total6764627688487.8%

Top Suppliers of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) to Angola in 2022:

  1. China (727.0 units)
  2. France (218.0 units)
  3. Portugal (133.0 units)
  4. United States (97.0 units)
  5. Italy (82.0 units)
  6. Germany (82.0 units)
  7. Belgium (55.0 units)
  8. United Kingdom (52.0 units)
  9. Turkey (50.0 units)
  10. Singapore (6.0 units)

Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Angola

In 2022, approx. 24 units of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) were exported from Angola; falling by -14.3% compared with the previous year's figure. Over the period under review, exports, however, recorded strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 211% against the previous year. As a result, the exports attained the peak of 28 units, and then shrank in the following year.

In value terms, exports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) skyrocketed to $25K in 2022. Overall, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 681%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/AN/A15.40%
United States0.21.04.03.6162.1%
United Kingdom0.10.91.41.0115.4%
RomaniaN/AN/AN/A0.40%
PortugalN/AN/A0.10.4300.0%
South AfricaN/A0.10.20.373.2%
Norway0.10.34.50.226.0%
Netherlands2.20.10.10.1-64.3%
SpainN/AN/A7.7N/A0%
Others0.5N/AN/A3.489.5%
Total3.12.318.024.699.5%

Top Export Markets for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) from Angola in 2022:

  1. Germany (14.0 units)
  2. United States (4.0 units)
  3. Romania (1.0 units)
  4. Netherlands (1.0 units)
  5. Portugal (1.0 units)
  6. South Africa (1.0 units)
  7. United Kingdom (1.0 units)
  8. Norway (1.0 units)

Source: IndexBox Market Intelligence Platform

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