Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Greece - 2023

Contents:

  1. Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Greece (CIF) - 2022
  2. Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Greece (FOB) - 2022
  3. Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Greece
  4. Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Greece

Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Greece (CIF) - 2022

The average import price for tools; for working in the hand, pneumatic, other than rotary type stood at $71 per unit in 2022, which is down by -15.2% against the previous year. Over the period under review, the import price saw a pronounced decrease. The growth pace was the most rapid in 2021 an increase of 6.9% against the previous year. As a result, import price attained the peak level of $84 per unit, and then contracted markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($148 per unit), while the price for China ($39 per unit) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+77.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Greece (FOB) - 2022

In 2022, the average export price for tools; for working in the hand, pneumatic, other than rotary type amounted to $55 per unit, which is down by -31.9% against the previous year. Overall, the export price faced a abrupt decrease. The most prominent rate of growth was recorded in 2017 when the average export price increased by 0.7% against the previous year. The export price peaked at $238 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($134 per unit), while the average price for exports to Kosovo ($27 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 Italy (-5.1%), while the prices for the other major destinations experienced a decline.

Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Greece

After three years of growth, overseas purchases of tools; for working in the hand, pneumatic, other than rotary type decreased by -0.8% to 23K units in 2022. In general, imports, however, saw a remarkable increase. The growth pace was the most rapid in 2021 with an increase of 23%. As a result, imports attained the peak of 23K units, leveling off in the following year.

In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type reduced notably to $1.6M in 2022. Over the period under review, imports showed a noticeable decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 32%. As a result, imports reached the peak of $1.9M, and then contracted markedly in the following year.

Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Greece (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
China33951453225.3%
Italy397486231-23.7%
Taiwan (Chinese)16418622116.1%
Netherlands98.087.979.9-9.7%
Germany16214675.8-31.6%
Romania28.953.260.644.8%
Austria54.63.140.5-13.9%
HungaryN/A32.537.716.0%
Poland2.62.928.1228.8%
Others20039729922.3%
Total1,4471,9091,6065.4%

Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to Greece in 2022:

  1. China (13.7K units)
  2. Taiwan (Chinese) (1.8K units)
  3. Italy (1.6K units)
  4. Netherlands (0.9K units)
  5. Romania (0.8K units)
  6. Austria (0.8K units)
  7. Germany (0.8K units)
  8. Poland (0.4K units)
  9. Hungary (0.4K units)

Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Greece

For the fourth consecutive year, Greece recorded growth in overseas shipments of tools; for working in the hand, pneumatic, other than rotary type, which increased by 66% to 18K units in 2022. Over the period under review, exports posted a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 529% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of tools; for working in the hand, pneumatic, other than rotary type expanded markedly to $1M in 2022. In general, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 302% against the previous year. Over the period under review, the exports of tools; for working in hand, pneumatic, other than rotary type reached the maximum in 2022 and are expected to retain growth in years to come.

Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Serbia66.813.115532068.6%
Albania2.9111411306372.5%
MontenegroN/A15595.8127-9.5%
KosovoN/A11545.579.6-16.8%
North Macedonia38.215495.044.04.8%
Bosnia and HerzegovinaN/AN/A10.042.1321.0%
Others36.531.276.987.633.9%
Total1445808891,00691.2%

Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from Greece in 2022:

  1. Serbia (4.5K units)
  2. Albania (4.4K units)
  3. Montenegro (3.7K units)
  4. Kosovo (3.0K units)
  5. Bosnia and Herzegovina (1.5K units)
  6. North Macedonia (0.6K units)

Source: IndexBox Market Intelligence Platform

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