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

Contents:

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

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

The average import price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) stood at $85 per unit in 2022, growing by 3.8% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average import price increased by 4.1% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($995 per unit), while the price for China ($21 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 (+19.6%), 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 Israel (FOB) - 2022

In 2022, the average export price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) amounted to $7.9 per unit, which is down by -96% against the previous year. In general, the export price continues to indicate a sharp setback. The pace of growth was the most pronounced in 2020 when the average export price increased by 1,639% against the previous year. As a result, the export price reached the peak level of $238 per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($167 per unit), while the average price for exports to the UK ($6.1 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 the United States (+4.6%), while the prices for the other major destinations experienced a decline.

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

Imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) into Israel shrank to 25K units in 2022, waning by -7.5% compared with 2021. Overall, imports saw a pronounced slump. The most prominent rate of growth was recorded in 2021 when imports increased by 17% against the previous year. As a result, imports reached the peak of 28K units, and then reduced in the following year.

In value terms, imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) declined modestly to $2.2M in 2022. The total import value increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 21% against the previous year. As a result, imports reached the peak of $2.2M, and then shrank modestly in the following year.

Import of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)7145397657240.5%
Belgium24.04364.0298131.6%
China418173334298-10.7%
Germany1061471861399.5%
United Kingdom19.05.014.011582.2%
Others762552940580-8.7%
Total2,0431,8522,2432,1541.8%

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

  1. China (14.1K units)
  2. Taiwan (Chinese) (6.1K units)
  3. Germany (1.9K units)
  4. United Kingdom (1.1K units)
  5. Belgium (0.8K units)

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

In 2022, exports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) from Israel soared to 23K units, increasing by 14,749% on the year before. Over the period under review, exports continue to indicate a significant expansion. 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) surged to $186K in 2022. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 520% 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 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 Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
EthiopiaN/AN/AN/A1380%
United KingdomN/AN/AN/A3.00%
Ghana16.0N/AN/AN/A0%
Others1.05.031.045.0255.7%
Total17.05.031.0186122.0%

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

  1. Ethiopia (22.6K units)
  2. United Kingdom (0.5K units)

Source: IndexBox Market Intelligence Platform

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