Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Malaysia - 2024
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Malaysia (CIF) - 2022
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Malaysia (FOB) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Malaysia
- Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Malaysia
Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Malaysia (CIF) - 2022
The average import price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) stood at $93 per unit in 2022, surging by 21% against the previous year. Overall, the import price, however, showed a noticeable setback. The pace of growth was the most pronounced in 2019 when the average import price increased by 30% against the previous year. The import price peaked at $119 per unit in 2012; however, from 2013 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 the United States ($282 per unit), while the price for China ($63 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+5.6%), 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 Malaysia (FOB) - 2022
In 2022, the average export price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) amounted to $127 per unit, waning by -10.2% against the previous year. Overall, the export price showed a abrupt downturn. The pace of growth was the most pronounced in 2013 an increase of 56%. As a result, the export price attained the peak level of $571 per unit. From 2014 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($508 per unit), while the average price for exports to Thailand ($90 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 Hong Kong SAR (+38.0%), 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 Malaysia
In 2022, imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) into Malaysia shrank sharply to 51K units, reducing by -25.9% compared with the previous year's figure. Overall, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. As a result, imports attained the peak of 69K units, and then shrank rapidly in the following year.
In value terms, imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) contracted to $4.8M in 2022. Over the period under review, imports continue to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 9.5%. Over the period under review, imports of tools; for working in hand, pneumatic, rotary type (including combined rotary-percussion) reached the peak figure at $5.5M 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 Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3,519 | 3,131 | 3,726 | 2,361 | -12.5% |
| Japan | 737 | 712 | 557 | 788 | 2.3% |
| Singapore | 47.9 | 59.8 | 33.0 | 437 | 109.0% |
| Taiwan (Chinese) | 357 | 252 | 265 | 353 | -0.4% |
| United States | 279 | 328 | 158 | 174 | -14.6% |
| Others | 599 | 424 | 633 | 688 | 4.7% |
| Total | 5,538 | 4,907 | 5,372 | 4,802 | -4.6% |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) to Malaysia in 2022:
- China (37.5K units)
- Taiwan (Chinese) (5.5K units)
- Japan (3.9K units)
- Singapore (1.6K units)
- United States (0.6K units)
Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Malaysia
In 2022, the amount of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) exported from Malaysia surged to 6.2K units, increasing by 417% compared with the previous year's figure. Over the period under review, exports enjoyed significant growth. 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 $780K in 2022. In general, exports posted a significant expansion. 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 Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 23.1 | 7.6 | 20.0 | 455 | 170.1% |
| Vietnam | N/A | N/A | N/A | 184 | 0% |
| China | 98.0 | 9.1 | 20.3 | 25.7 | -36.0% |
| Singapore | 41.9 | 35.7 | 37.7 | 16.8 | -26.3% |
| Japan | 1.1 | 6.7 | 13.8 | N/A | 254.2% |
| Others | 36.6 | 27.8 | 76.2 | 98.8 | 39.2% |
| Total | 201 | 86.9 | 168 | 780 | 57.1% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) from Malaysia in 2022:
- Thailand (5.0K units)
- Vietnam (0.8K units)
- China (0.2K units)
- Singapore (0.1K units)
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