Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Denmark - 2023

Contents:

  1. Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Denmark (CIF) - 2023
  2. Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Denmark (FOB) - 2022
  3. Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Denmark
  4. Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Denmark

Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Denmark (CIF) - 2023

The average import price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) stood at $272 per unit in December 2023, rising by 35% against the previous month. Overall, the import price saw prominent growth. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 139% against the previous month. The import price peaked in December 2023.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($1,123 per unit), while the price for Greenland ($106 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 the UK (+16.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) stood at $210 per unit in 2022, leveling off at the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The export price peaked at $229 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($495 per unit), while the average price for exports to Estonia ($36 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 France (+12.3%), 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 Denmark

For the fourth consecutive year, Denmark recorded growth in supplies from abroad of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion), which increased by 8.7% to 38K units in 2022. Over the period under review, imports showed a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 18%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) expanded significantly to $4.6M in 2022. Overall, imports, however, saw a pronounced curtailment. Over the period under review, imports of tools; for working in hand, pneumatic, rotary type (including combined rotary-percussion) reached the maximum at $5.2M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Denmark (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Germany8809939272.6%
Netherlands39641957520.5%
Taiwan (Chinese)4636675165.6%
Japan4135294868.5%
Italy12718939776.8%
Sweden3105003333.6%
China16023721716.5%
France601217207-41.3%
Others33033595169.8%
Total3,6804,0864,60911.9%

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

  1. Taiwan (Chinese) (9.3K units)
  2. China (7.0K units)
  3. Germany (5.9K units)
  4. Netherlands (4.1K units)
  5. Italy (3.3K units)
  6. Sweden (3.0K units)
  7. Japan (1.3K units)
  8. France (0.6K units)

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

In 2022, approx. 6K units of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) were exported from Denmark; reducing by -2.7% compared with the previous year. Over the period under review, exports saw a mild shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 63% against the previous year. The exports peaked at 6.2K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) shrank slightly to $1.3M in 2022. Overall, exports showed a perceptible decrease. The growth pace was the most rapid in 2021 when exports increased by 51% against the previous year. Over the period under review, the exports of tools; for working in hand, pneumatic, rotary type (including combined rotary-percussion) hit record highs at $1.4M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France23.928.255.7248118.1%
Norway195140196188-1.2%
Germany429103148119-34.8%
Sweden13110998.282.1-14.4%
Netherlands94.131.467.370.9-9.0%
United Kingdom7.810.618.854.591.2%
Finland11774.386.942.2-28.8%
Faroe Islands43.121.012.336.2-5.6%
China12.119.616332.639.1%
United States63.944.549.529.4-22.8%
Poland14.916.417.424.417.9%
Malaysia6.9N/A4.421.846.7%
Estonia10.213.511.95.4-19.1%
Others2312353473039.5%
Total1,3798471,2761,258-3.0%

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

  1. Norway (2544.0 units)
  2. Germany (532.0 units)
  3. France (502.0 units)
  4. Sweden (407.0 units)
  5. Netherlands (322.0 units)
  6. Finland (280.0 units)
  7. Estonia (151.0 units)
  8. United Kingdom (151.0 units)
  9. Faroe Islands (143.0 units)
  10. Poland (110.0 units)
  11. Malaysia (100.0 units)
  12. China (95.0 units)
  13. United States (70.0 units)

Source: IndexBox Market Intelligence Platform

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