Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Hungary - 2023
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Hungary (FOB) - 2023
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Hungary (CIF) - 2022
- Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Hungary
- Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Hungary
Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Hungary (FOB) - 2023
The average export price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) stood at $798 per unit in December 2023, standing approximately at the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 11% against the previous month. Over the period under review, the average export prices hit record highs at $877 per unit in October 2023; however, from November 2023 to December 2023, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Serbia.
From December 2022 to December 2023, the rate of growth in terms of prices for Belgium amounted to +0.4% per month.
Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Hungary (CIF) - 2022
In 2022, the average import price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) amounted to $64 per unit, growing by 2% against the previous year. In general, the import price, however, faced a abrupt decrease. The import price peaked at $85 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($1,320 per unit), while the price for the Czech Republic ($25 per unit) was amongst the lowest.
From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+137.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Hungary
In 2022, shipments abroad of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) increased by 14% to 29K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a abrupt setback. The exports peaked at 51K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) rose remarkably to $22M in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 20%. Over the period under review, the exports of tools; for working in hand, pneumatic, rotary type (including combined rotary-percussion) reached the maximum at $22M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 21.7 | 15.8 | 19.0 | 21.2 | -0.8% |
| Romania | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Total | 22.0 | 16.1 | 19.3 | 21.5 | -0.8% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) from Hungary in 2022:
- Belgium (26.2K units)
- Romania (0.9K units)
Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Hungary
After three years of growth, overseas purchases of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) decreased by -2.5% to 58K units in 2022. In general, imports, however, recorded a notable expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 11% against the previous year. As a result, imports reached the peak of 60K units, and then fell slightly in the following year.
In value terms, imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) dropped slightly to $3.7M in 2022. Overall, imports recorded a abrupt curtailment. The growth pace was the most rapid in 2020 when imports increased by 1.8% against the previous year. As a result, imports attained the peak of $4.6M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Germany | 1,978 | 1,551 | 1,444 | -14.6% | |
| Belgium | 933 | 326 | 731 | -11.5% | |
| Slovakia | 100 | 146 | 239 | 54.6% | |
| Czech Republic | 261 | 246 | 234 | -5.3% | |
| Taiwan (Chinese) | 125 | 219 | 161 | 13.5% | |
| Austria | 218 | 233 | 148 | -17.6% | |
| China | 222 | 162 | 105 | -31.2% | |
| Others | 752 | 878 | 678 | -5.0% | |
| Total | 4,589 | 3,761 | 3,741 | -9.7% | |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) to Hungary in 2022:
- Germany (38.2K units)
- Czech Republic (9.5K units)
- China (3.8K units)
- Slovakia (1.7K units)
- Austria (1.6K units)
- Taiwan (Chinese) (1.4K units)
- Belgium (0.6K units)
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