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

Contents:

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

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

In 2022, the average import price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) amounted to $123 per unit, shrinking by -17.8% against the previous year. In general, the import price continues to indicate a deep contraction. The pace of growth was the most pronounced in 2014 an increase of 32%. Over the period under review, average import prices reached the maximum at $319 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($279 per unit), while the price for Taiwan (Chinese) ($76 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.9%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) amounted to $209 per unit, picking up by 2.4% against the previous year. Over the period under review, the export price, however, recorded a pronounced setback. The growth pace was the most rapid in 2015 when the average export price increased by 3.1%. Over the period under review, the average export prices reached the peak figure at $270 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($442 per unit), while the average price for exports to Angola ($30 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 Canada (+6.0%), 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 the UK

In 2022, approx. 212K units of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) were imported into the UK; increasing by 16% compared with 2021. The total import volume increased at an average annual rate of +1.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) declined slightly to $26M in 2022. Over the period under review, imports, however, showed a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 7.9%. Imports peaked at $32M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)4.31.82.76.313.6%
China4.74.05.35.34.1%
France1.41.72.83.637.0%
United States3.52.71.13.0-5.0%
Germany7.16.76.61.6-39.1%
Italy0.20.10.11.281.7%
SwedenN/A0.1N/A1.0216.2%
Belgium6.13.74.50.4-59.7%
Netherlands1.81.11.90.1-61.8%
Others3.13.42.33.65.1%
Total32.425.327.326.1-7.0%

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

  1. Taiwan (Chinese) (82.0K units)
  2. China (65.1K units)
  3. United States (24.8K units)
  4. France (12.9K units)
  5. Germany (5.9K units)
  6. Italy (4.5K units)
  7. Sweden (3.6K units)
  8. Belgium (1.5K units)
  9. Netherlands (0.4K units)

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

In 2022, overseas shipments of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) were finally on the rise to reach 93K units after two years of decline. Over the period under review, exports, however, showed a deep setback. The exports peaked at 111K 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) stood at $19M in 2022. Overall, exports, however, showed a deep reduction. Over the period under review, the exports of tools; for working in hand, pneumatic, rotary type (including combined rotary-percussion) reached the peak figure at $26M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.62.52.44.217.3%
Netherlands4.32.83.73.3-8.4%
South Korea1.21.42.41.712.3%
Ireland4.74.52.21.5-31.7%
France2.91.40.81.0-29.9%
Germany2.50.90.70.9-28.9%
Norway0.40.40.40.826.0%
Poland0.70.50.40.5-10.6%
China0.40.30.60.40.0%
Afghanistan0.20.20.30.314.5%
Italy0.30.30.30.30.0%
AngolaN/A0.5N/AN/A0%
Others5.65.84.74.6-6.3%
Total25.821.418.819.4-9.1%

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

  1. Netherlands (20.0K units)
  2. South Korea (10.3K units)
  3. United States (9.4K units)
  4. Ireland (9.0K units)
  5. France (6.1K units)
  6. Germany (5.2K units)
  7. Poland (3.1K units)
  8. Norway (2.2K units)
  9. Afghanistan (1.9K units)
  10. Italy (1.7K units)
  11. China (1.6K units)
  12. Angola (1.0K units)

Source: IndexBox Market Intelligence Platform

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