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

Contents:

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

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

The average import price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) stood at $76.4 per unit in December 2023, shrinking by -4.8% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 266% m-o-m. As a result, import price attained the peak level of $214 per unit. From August 2023 to December 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($995 per unit), while the price for China ($39.9 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 Turkey (+11.3%), 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 Romania (FOB) - 2022

The average export price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) stood at $77 per unit in 2022, rising by 15% against the previous year. Over the period under review, the export price, however, recorded a deep reduction. Over the period under review, the average export prices hit record highs at $211 per unit in 2017; however, from 2018 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 Italy ($99 per unit), while the average price for exports to Hungary ($44 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 Turkey (+10.4%), 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 Romania

In 2022, after three years of growth, there was significant decline in purchases abroad of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion), when their volume decreased by -39.1% to 122K units. In general, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 26%. As a result, imports attained the peak of 201K units, and then reduced rapidly in the following year.

In value terms, imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) declined markedly to $7.1M in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 26% against the previous year. As a result, imports reached the peak of $8.4M, and then contracted dramatically in the following year.

Import of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Romania (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Germany1,3261,2431,200-4.9%
Hungary1,3679751,143-8.6%
Poland5131,4221,09446.0%
Belgium8411,0489204.6%
Netherlands30495247925.5%
Italy517664418-10.1%
China354649273-12.2%
Slovakia10612819836.7%
Others1,3791,3601,3810.1%
Total6,7098,4407,1052.9%

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

  1. Hungary (49.6K units)
  2. Poland (21.3K units)
  3. Netherlands (9.8K units)
  4. Germany (9.4K units)
  5. China (7.5K units)
  6. Slovakia (5.6K units)
  7. Italy (4.9K units)
  8. Belgium (3.2K units)

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

After three years of growth, shipments abroad of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) decreased by -58.5% to 2.6K units in 2022. In general, exports recorded a abrupt decrease. The growth pace was the most rapid in 2021 when exports increased by 38%. As a result, the exports reached the peak of 6.3K units, and then contracted rapidly in the following year.

In value terms, exports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) declined significantly to $200K in 2022. Over the period under review, exports saw a sharp setback. The pace of growth appeared the most rapid in 2021 when exports increased by 24% against the previous year. Over the period under review, the exports of tools; for working in hand, pneumatic, rotary type (including combined rotary-percussion) attained the peak figure at $450K 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 Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/AN/AN/A51.50%
Hungary11176.663.232.3-33.7%
Italy0.7N/A0.625.8232.8%
Bulgaria51.661.142.219.1-28.2%
Moldova12.925.528.715.56.3%
Netherlands0.10.1N/A12.7402.7%
Saudi Arabia4.0N/A7.69.935.3%
Germany34.418.88.04.1-50.8%
Belgium18162.93.80.1-91.8%
Ukraine0.232.0221N/A3224.2%
Others53.861.944.829.2-18.4%
Total450339420200-23.7%

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

  1. Hungary (739.0 units)
  2. Turkey (523.0 units)
  3. Moldova (354.0 units)
  4. Netherlands (270.0 units)
  5. Italy (261.0 units)
  6. Bulgaria (200.0 units)
  7. Saudi Arabia (102.0 units)
  8. Germany (66.0 units)
  9. Belgium (1.0 units)

Source: IndexBox Market Intelligence Platform

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