Price for Drawing, Marking-Out or Mathematical Calculating Instruments in the UK - 2024
Contents:
- Price for Drawing, Marking-Out or Mathematical Calculating Instruments in the UK (CIF) - 2022
- Price for Drawing, Marking-Out or Mathematical Calculating Instruments in the UK (FOB) - 2022
- Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in the UK
- Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in the UK
Price for Drawing, Marking-Out or Mathematical Calculating Instruments in the UK (CIF) - 2022
The average import price for drawing, marking-out or mathematical calculating instrumentses stood at $1.4 per unit in 2022, falling by -6.9% against the previous year. Over the period under review, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for drawing, marking-out or mathematical calculating instrumentses decreased by -15.5% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by 63%. Over the period under review, average import prices hit record highs at $1.6 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 Germany ($5.9 per unit), while the price for India ($0.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+22.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Drawing, Marking-Out or Mathematical Calculating Instruments in the UK (FOB) - 2022
The average export price for drawing, marking-out or mathematical calculating instrumentses stood at $5.7 per unit in 2022, increasing by 3.7% against the previous year. In general, the export price posted temperate growth. The most prominent rate of growth was recorded in 2017 an increase of 58%. Over the period under review, the average export prices reached the peak figure at $7.8 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($36 per unit), while the average price for exports to Sweden ($1.7 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 Saudi Arabia (+19.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in the UK
In 2022, approx. 9.2M units of drawing, marking-out or mathematical calculating instrumentses were imported into the UK; shrinking by -4.8% against 2021 figures. The total import volume increased at an average annual rate of +2.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 13% against the previous year. As a result, imports attained the peak of 9.7M units, and then fell in the following year.
In value terms, imports of drawing, marking-out or mathematical calculating instrumentses declined to $13M in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 11% against the previous year. Over the period under review, imports of hit record highs at $14M in 2021, and then fell in the following year.
| Import of Drawing, Marking-Out or Mathematical Calculating Instruments in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.8 | 4.4 | 6.7 | 6.8 | 21.4% |
| United States | 1.7 | 1.4 | 2.7 | 2.4 | 12.2% |
| India | 0.5 | 0.4 | 0.8 | 0.8 | 17.0% |
| Germany | 2.0 | 3.7 | 0.9 | 0.8 | -26.3% |
| France | 0.4 | 0.3 | 0.7 | 0.1 | -37.0% |
| Others | 4.2 | 3.8 | 2.6 | 1.7 | -26.0% |
| Total | 12.6 | 14.0 | 14.4 | 12.7 | 0.3% |
Top Suppliers of Drawing, Marking-Out or Mathematical Calculating Instruments to the UK in 2022:
- China (6.2M units)
- India (2.1M units)
- United States (0.5M units)
- Germany (0.1M units)
Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in the UK
In 2022, shipments abroad of drawing, marking-out or mathematical calculating instrumentses was finally on the rise to reach 880K units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a abrupt contraction. The exports peaked at 1.1M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of drawing, marking-out or mathematical calculating instrumentses surged to $5.1M in 2022. Over the period under review, exports, however, showed a drastic downturn. The exports peaked at $8M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Drawing, Marking-Out or Mathematical Calculating Instruments in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1,169 | 845 | 46.6 | 2,130 | 22.1% |
| Germany | 1,677 | 1,829 | 957 | 971 | -16.7% |
| Ireland | 748 | 772 | 797 | 496 | -12.8% |
| Australia | 164 | 122 | 210 | 230 | 11.9% |
| Netherlands | 68.8 | 59.4 | 172 | 112 | 17.6% |
| Belgium | 70.8 | 69.6 | 143 | 96.8 | 11.0% |
| Sweden | 38.9 | 56.3 | 83.0 | 59.7 | 15.3% |
| Poland | 1,116 | 554 | 24.7 | 43.7 | -66.0% |
| Italy | 715 | 897 | 44.0 | 30.9 | -64.9% |
| Spain | 902 | 1,040 | 23.9 | 25.3 | -69.6% |
| Finland | 27.4 | 26.4 | 12.5 | 12.9 | -22.2% |
| Romania | 41.9 | 19.0 | 4.8 | N/A | -66.2% |
| Others | 1,276 | 1,039 | 692 | 842 | -12.9% |
| Total | 8,015 | 7,329 | 3,211 | 5,051 | -14.3% |
Top Export Markets for Drawing, Marking-Out or Mathematical Calculating Instruments from the UK in 2022:
- France (382.9K units)
- Germany (158.9K units)
- Ireland (121.0K units)
- Sweden (34.3K units)
- Australia (32.7K units)
- Belgium (19.4K units)
- Netherlands (18.1K units)
- Finland (11.5K units)
- Poland (7.7K units)
- Spain (4.1K units)
- Italy (2.0K units)
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