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

Contents:

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

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

In 2022, the average import price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) amounted to $59 per unit, reducing by -5.6% against the previous year. Over the period under review, the import price showed a abrupt slump. The most prominent rate of growth was recorded in 2018 when the average import price increased by 20%. The import price peaked at $146 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,532 per unit), while the price for China ($33 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) amounted to $84 per unit, dropping by -74.7% against the previous year. Overall, the export price recorded a abrupt setback. The pace of growth appeared the most rapid in 2021 when the average export price increased by 223%. Over the period under review, the average export prices hit record highs at $439 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($424 per unit), while the average price for exports to Panama ($13 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 Bolivia (+10.5%), 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 Colombia

In 2022, the amount of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) imported into Colombia skyrocketed to 60K units, with an increase of 20% on the previous year's figure. Overall, imports, however, recorded a mild decline. Imports peaked at 66K units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) stood at $3.6M in 2022. In general, imports, however, saw a deep slump. Imports peaked at $4.8M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.92.21.61.90.0%
Taiwan (Chinese)0.30.20.20.2-12.6%
Others2.52.01.41.5-15.7%
Total4.84.33.23.6-9.1%

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

  1. China (57.7K units)
  2. Taiwan (Chinese) (1.3K units)

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

In 2022, after two years of decline, there was significant growth in overseas shipments of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion), when their volume increased by 1,376% to 2.7K units. Overall, exports showed a significant increase. 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, rotary type (including combined rotary-percussion) soared to $224K in 2022. Over the period under review, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7.04.70.3175192.4%
Panama5.86.7N/A5.3-3.0%
Germany9.06.7N/AN/A-25.6%
BoliviaN/AN/A4.5N/A0%
Brazil27.1N/AN/AN/A0%
Others18.124.855.143.634.1%
Total67.042.960.022449.5%

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

  1. United States (2062.0 units)
  2. Panama (397.0 units)

Source: IndexBox Market Intelligence Platform

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