Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Bangladesh - 2022
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Bangladesh (CIF) - 2022
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Bangladesh (FOB) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Bangladesh
- Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Bangladesh
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Bangladesh (CIF) - 2022
The average import price for tools; for working in the hand, pneumatic, other than rotary type stood at $33 per unit in 2022, picking up by 24% against the previous year. In general, the import price, however, saw a deep setback. The import price peaked at $137 per unit in 2013; however, from 2014 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 India ($555 per unit), while the price for China ($25 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+14.8%), while the prices for the other major suppliers experienced a decline.
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Bangladesh (FOB) - 2022
The average export price for tools; for working in the hand, pneumatic, other than rotary type stood at $163 per unit in 2022, rising by 222% against the previous year. In general, the export price, however, showed a deep contraction. The export price peaked at $947 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
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 Norway ($747 per unit), while the average price for exports to India ($137 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 India (-10.9%).
Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Bangladesh
In 2022, overseas purchases of tools; for working in the hand, pneumatic, other than rotary type decreased by -23.6% to 24K units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted prominent growth. The most prominent rate of growth was recorded in 2020 when imports increased by 51% against the previous year. Imports peaked at 31K units in 2021, and then declined markedly in the following year.
In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type shrank to $786K in 2022. Over the period under review, imports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 75%. As a result, imports attained the peak of $830K, and then shrank in the following year.
| Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 191 | 294 | 465 | 567 | 43.7% |
| South Korea | 0.2 | 1.7 | 164 | 28.8 | 424.1% |
| Others | 268 | 178 | 201 | 190 | -10.8% |
| Total | 459 | 474 | 830 | 786 | 19.6% |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to Bangladesh in 2022:
- China (22.5K units)
- South Korea (0.2K units)
Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Bangladesh
In 2022, after two years of decline, there was significant growth in overseas shipments of tools; for working in the hand, pneumatic, other than rotary type, when their volume increased by 733% to 25 units. Over the period under review, exports, however, continue to indicate a precipitous decline. Over the period under review, the exports of tools; for working in hand, pneumatic, other than rotary type attained the peak figure at 223 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, other than rotary type skyrocketed to $4.1K in 2022. Overall, exports, however, recorded a dramatic shrinkage. The exports peaked at $37K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 18.7 | 18.0 | 0.1 | 3.1 | -45.1% |
| Norway | N/A | N/A | N/A | 0.7 | 0% |
| Singapore | 0.4 | 0.6 | 0.1 | 0.2 | -20.6% |
| Saudi Arabia | 16.3 | N/A | N/A | N/A | 0% |
| Others | 1.6 | N/A | N/A | N/A | 0% |
| Total | 37.1 | 18.6 | 0.2 | 4.1 | -52.0% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from Bangladesh in 2022:
- India (23.0 units)
- Norway (1.0 units)
- Singapore (1.0 units)
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