Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Indonesia - 2022
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Indonesia (CIF) - 2022
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Indonesia (FOB) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Indonesia
- Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Indonesia
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Indonesia (CIF) - 2022
The average import price for tools; for working in the hand, pneumatic, other than rotary type stood at $16 per unit in 2022, which is down by -48.2% against the previous year. In general, the import price saw a deep setback. The pace of growth appeared the most rapid in 2019 an increase of 40%. Over the period under review, average import prices attained the maximum at $103 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($170 per unit), while the price for Singapore ($6.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-4.2%), 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 Indonesia (FOB) - 2022
In 2022, the average export price for tools; for working in the hand, pneumatic, other than rotary type amounted to $179 per unit, with a decrease of -3.6% against the previous year. Overall, the export price showed a perceptible curtailment. The pace of growth appeared the most rapid in 2018 when the average export price increased by 24%. As a result, the export price attained the peak level of $282 per unit. From 2019 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($1,348 per unit), while the average price for exports to Poland ($8 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 Australia (+16.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Indonesia
Imports of tools; for working in the hand, pneumatic, other than rotary type into Indonesia skyrocketed to 394K units in 2022, picking up by 40% on the previous year. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +9.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +99.9% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 43%. Over the period under review, imports of tools; for working in hand, pneumatic, other than rotary type reached the maximum in 2022 and are likely to continue growth in the near future.
In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type plummeted to $6.4M in 2022. In general, imports, however, showed a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 87% against the previous year. Over the period under review, imports of tools; for working in hand, pneumatic, other than rotary type attained the peak figure at $11M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Indonesia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.7 | 2.2 | 2.8 | 3.2 | 5.8% |
Malaysia | 4.9 | 0.1 | N/A | 0.8 | -45.3% |
Taiwan (Chinese) | 0.5 | 0.4 | 0.4 | 0.6 | 6.3% |
Japan | 1.1 | 0.6 | 0.6 | 0.6 | -18.3% |
Singapore | 0.6 | 0.4 | 0.1 | 0.2 | -30.7% |
Norway | N/A | 0.1 | 3.4 | N/A | 3300.0% |
Others | 1.1 | 1.0 | 1.5 | 1.0 | -3.1% |
Total | 11.0 | 4.8 | 8.9 | 6.4 | -16.5% |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to Indonesia in 2022:
- China (340.1K units)
- Singapore (22.6K units)
- Malaysia (10.8K units)
- Japan (7.3K units)
- Taiwan (Chinese) (3.6K units)
- Norway (0.4K units)
Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Indonesia
For the fourth consecutive year, Indonesia recorded growth in shipments abroad of tools; for working in the hand, pneumatic, other than rotary type, which increased by 19% to 751 units in 2022. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 53% 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 amounted to $134K in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +14.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 15%. The exports peaked in 2022 and are likely to see steady growth in years to come.
Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Indonesia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 8.1 | 94.7 | 87.2 | 69.4 | 104.6% |
United States | N/A | 2.4 | 9.4 | 41.5 | 315.8% |
Singapore | 11.6 | 1.0 | 16.3 | 6.5 | -17.6% |
Canada | 7.9 | 1.8 | 2.1 | 3.6 | -23.0% |
Japan | N/A | N/A | N/A | 3.3 | 0% |
Nigeria | 46.8 | 0.8 | N/A | N/A | -98.3% |
Others | 14.9 | 1.7 | 2.4 | 10.2 | -11.9% |
Total | 89.4 | 102 | 117 | 134 | 14.4% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from Indonesia in 2022:
- Malaysia (603.0 units)
- United States (62.0 units)
- Canada (22.0 units)
- Japan (16.0 units)
- Singapore (7.0 units)
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