Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Slovenia - 2024

Contents:

  1. Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Slovenia (CIF) - 2024
  2. Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Slovenia (FOB) - 2022
  3. Imports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Slovenia
  4. Exports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Slovenia

Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Slovenia (CIF) - 2024

The average import price for in-hand motor grinders, sanders and planers stood at $61.9 per unit in January 2024, declining by -10.7% against the previous month. Overall, the import price showed a mild setback. The most prominent rate of growth was recorded in August 2023 an increase of 93% against the previous month. The import price peaked at $100 per unit in September 2023; however, from October 2023 to January 2024, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Japan ($142 per unit), while the price for Hong Kong SAR ($19.7 per unit) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Romania (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Slovenia (FOB) - 2022

In 2022, the average export price for in-hand motor grinders, sanders and planers amounted to $71 per unit, surging by 145% against the previous year. In general, the export price showed slight growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 Albania ($106 per unit), while the average price for exports to Spain ($38 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 Kosovo (+39.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Slovenia

In 2022, overseas purchases of in-hand motor grinders, sanders and planers decreased by -40.1% to 631K units, falling for the second consecutive year after two years of growth. Overall, imports, however, enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2020 with an increase of 271%. As a result, imports reached the peak of 1.5M units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of in-hand motor grinders, sanders and planers declined markedly to $35M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +16.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 78%. Imports peaked at $41M in 2021, and then contracted significantly in the following year.

Import of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Slovenia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5.15.47.69.221.7%
China8.218.812.76.6-7.0%
Romania2.03.05.34.733.0%
Hungary0.52.43.23.183.7%
Austria0.62.02.82.765.1%
PolandN/A2.93.52.6-5.3%
Croatia0.10.91.11.2128.9%
Others5.94.65.24.9-6.0%
Total22.540.041.535.116.0%

Top Suppliers of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor to Slovenia in 2022:

  1. Germany (218.6K units)
  2. China (200.0K units)
  3. Romania (68.7K units)
  4. Hungary (32.1K units)
  5. Poland (25.1K units)
  6. Croatia (22.3K units)
  7. Austria (20.6K units)

Exports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Slovenia

In 2022, shipments abroad of in-hand motor grinders, sanders and planers decreased by -72.8% to 192K units, falling for the second consecutive year after two years of growth. In general, exports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 705%. As a result, the exports attained the peak of 1.2M units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of in-hand motor grinders, sanders and planers dropped sharply to $14M in 2022. Overall, exports, however, recorded a buoyant increase. The growth pace was the most rapid in 2020 with an increase of 151% against the previous year. As a result, the exports reached the peak of $24M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Croatia3,2843,4394,5175,56619.2%
Germany2,0522,7162,0061,728-5.6%
Bosnia and Herzegovina1,0321,0671,3511,2255.9%
Serbia9911,1301,1661,1896.3%
Slovakia43.8334920898173.7%
Poland37.3231370403121.1%
Albania14123532437738.8%
KosovoN/A18921730426.8%
Bulgaria549658495303-18.0%
Montenegro71.372.419225152.1%
North Macedonia17521922824211.4%
Hungary41.553.426017360.9%
Spain3.31.650.8117228.5%
Others1,22913,8768,434908-9.6%
Total9,65124,22020,53013,68512.3%

Top Export Markets for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor from Slovenia in 2022:

  1. Croatia (62.0K units)
  2. Germany (32.2K units)
  3. Slovakia (23.3K units)
  4. Serbia (17.2K units)
  5. Bosnia and Herzegovina (16.2K units)
  6. Montenegro (5.0K units)
  7. Kosovo (4.3K units)
  8. Poland (3.9K units)
  9. Hungary (3.8K units)
  10. Albania (3.6K units)
  11. North Macedonia (3.6K units)
  12. Spain (3.1K units)
  13. Bulgaria (3.1K units)

Source: IndexBox Market Intelligence Platform

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