Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Israel - 2022
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Israel (CIF) - 2022
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Israel (FOB) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Israel
- Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Israel
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Israel (CIF) - 2022
The average import price for tools; for working in the hand, pneumatic, other than rotary type stood at $106 per unit in 2022, waning by -3.6% against the previous year. In general, the import price showed a pronounced setback. The most prominent rate of growth was recorded in 2015 when the average import price increased by 22% against the previous year. The import price peaked at $210 per unit in 2016; however, from 2017 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 the United States ($592 per unit), while the price for Austria ($83 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Israel (FOB) - 2022
The average export price for tools; for working in the hand, pneumatic, other than rotary type stood at $186 per unit in October 2022, approximately reflecting the previous month. In general, the export price showed a perceptible reduction. The pace of growth appeared the most rapid in April 2022 when the average export price increased by 3.2% month-to-month. As a result, the export price attained the peak level of $247 per unit. From May 2022 to October 2022, the the average export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In October 2022, the country with the highest price was the UK ($186 per unit), while the average price for exports to the United States ($186 per unit) was amongst the lowest.
From February 2022 to October 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+0.0%), 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 Israel
For the fourth consecutive year, Israel recorded growth in supplies from abroad of tools; for working in the hand, pneumatic, other than rotary type, which increased by 24% to 34K units in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +24.8% 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 +94.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 57%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type soared to $3.6M in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.3% 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 +74.0% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 56% against the previous year. Over the period under review, imports of tools; for working in hand, pneumatic, other than rotary type reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
| Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 528 | 486 | 839 | 1,015 | 24.3% |
| United States | 319 | 585 | 631 | 846 | 38.4% |
| Belgium | 7.8 | 849 | 43.1 | 410 | 274.6% |
| China | 347 | 274 | 498 | 384 | 3.4% |
| Italy | 289 | 217 | 236 | 182 | -14.3% |
| Germany | 117 | 260 | 202 | 131 | 3.8% |
| Switzerland | 15.7 | 91.4 | 11.8 | 94.9 | 82.2% |
| Hungary | 10.8 | 50.1 | 90.1 | 93.9 | 105.6% |
| United Kingdom | 53.9 | 94.3 | 50.0 | 82.3 | 15.2% |
| Japan | 67.6 | 101 | 79.4 | 76.5 | 4.2% |
| Austria | 138 | 2.9 | 118 | 20.3 | -47.2% |
| Others | 176 | 213 | 229 | 266 | 14.8% |
| Total | 2,070 | 3,224 | 3,026 | 3,602 | 20.3% |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to Israel in 2022:
- Taiwan (Chinese) (12.2K units)
- Belgium (4.9K units)
- China (3.9K units)
- Italy (2.2K units)
- Germany (1.6K units)
- United States (1.4K units)
- Hungary (1.1K units)
- United Kingdom (1.0K units)
- Japan (0.9K units)
- Switzerland (0.8K units)
- Austria (0.2K units)
Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Israel
In 2022, the amount of tools; for working in the hand, pneumatic, other than rotary type exported from Israel surged to 2.8K units, jumping by 246% against 2021 figures. Over the period under review, exports saw temperate growth. The exports peaked at 4.4K units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
In value terms, exports of tools; for working in the hand, pneumatic, other than rotary type soared to $665K in 2022. In general, exports recorded a buoyant expansion. The exports peaked at $958K in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
| Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 218 | 685 | 2.2 | 265 | 6.7% |
| Germany | 9.0 | 19.5 | 24.3 | 70.9 | 99.0% |
| Thailand | 1.1 | 1.7 | 12.4 | 36.7 | 221.9% |
| Poland | 3.8 | 1.9 | 0.4 | 26.7 | 91.5% |
| Australia | 4.5 | 7.2 | 5.9 | 25.0 | 77.1% |
| India | 81.8 | 4.7 | 1.1 | 19.2 | -38.3% |
| Switzerland | 3.0 | 0.8 | 4.3 | 19.2 | 85.7% |
| Japan | 0.8 | 6.3 | 7.6 | 15.0 | 165.7% |
| Ethiopia | 1.0 | 2.2 | 2.6 | 14.2 | 142.2% |
| Luxembourg | 7.0 | 9.0 | 6.6 | 13.4 | 24.2% |
| Russia | 6.4 | 7.8 | 5.4 | 9.2 | 12.9% |
| Italy | 4.5 | 31.3 | 11.3 | 4.2 | -2.3% |
| Bolivia | N/A | 53.3 | N/A | N/A | 0% |
| Others | 185 | 128 | 102 | 147 | -7.4% |
| Total | 526 | 958 | 186 | 665 | 8.1% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from Israel in 2022:
- United States (1068.0 units)
- Germany (279.0 units)
- Thailand (216.0 units)
- Russia (210.0 units)
- Poland (111.0 units)
- Australia (103.0 units)
- Switzerland (74.0 units)
- Japan (59.0 units)
- Ethiopia (54.0 units)
- Luxembourg (51.0 units)
- India (40.0 units)
- Italy (19.0 units)
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