Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Japan - 2022

Contents:

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

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

The average export price for tools; for working in the hand, pneumatic, other than rotary type stood at $186 per unit in 2022, with a decrease of -22.2% against the previous year. Over the period under review, the export price continues to indicate a pronounced setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by 9.6% against the previous year. As a result, the export price attained the peak level of $239 per unit, and then plummeted in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Hong Kong SAR ($186 per unit) and Indonesia ($186 per unit), while the average price for exports to France ($186 per unit) and Australia ($186 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (-2.4%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for tools; for working in the hand, pneumatic, other than rotary type amounted to $106 per unit, increasing by 15% against the previous year. In general, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +8.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tools; for working in the hand, pneumatic, other than rotary type increased by +116.7% against 2012 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Switzerland ($106 per unit) and South Korea ($106 per unit), while the price for Austria ($106 per unit) and the United States ($106 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Exports of tools; for working in the hand, pneumatic, other than rotary type from Japan amounted to 121K units in 2022, picking up by 4.3% compared with 2021. The total export volume increased at an average annual rate of +3.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 39%. Over the period under review, the exports of tools; for working in hand, pneumatic, other than rotary type attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of tools; for working in the hand, pneumatic, other than rotary type declined notably to $22M in 2022. Overall, exports, however, saw a slight descent. The most prominent rate of growth was recorded in 2021 with an increase of 52%. As a result, the exports reached the peak of $28M, and then reduced rapidly in the following year.

Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States6.04.09.86.84.3%
Netherlands1.51.41.82.417.0%
South Korea2.11.82.12.10.0%
China2.12.22.01.8-5.0%
Singapore1.41.11.20.8-17.0%
Thailand1.00.60.90.8-7.2%
France0.40.30.80.720.5%
United Kingdom0.50.40.80.711.9%
Australia0.70.61.00.70.0%
Germany0.80.70.80.7-4.4%
Indonesia0.50.30.40.4-7.2%
Belgium0.90.61.30.4-23.7%
Hong Kong SAR0.40.30.30.40.0%
Others5.53.84.43.8-11.6%
Total23.718.227.622.4-1.9%

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

  1. United States (36.7K units)
  2. Netherlands (12.9K units)
  3. South Korea (11.1K units)
  4. China (9.8K units)
  5. Singapore (4.6K units)
  6. Thailand (4.4K units)
  7. Australia (3.9K units)
  8. France (3.7K units)
  9. United Kingdom (3.6K units)
  10. Germany (3.6K units)
  11. Indonesia (2.0K units)
  12. Hong Kong SAR (2.0K units)
  13. Belgium (1.9K units)

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

In 2022, imports of tools; for working in the hand, pneumatic, other than rotary type into Japan declined to 83K units, falling by -7.7% against the year before. In general, imports saw a deep downturn. The smallest decline of -6.7% was in 2020. Over the period under review, imports of tools; for working in hand, pneumatic, other than rotary type hit record highs at 105K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type expanded significantly to $8.7M in 2022. The total import value increased at an average annual rate of +1.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)3,3463,1463,6803,6432.9%
China8351,0651,0921,1079.9%
United States1,3501,279946815-15.5%
Netherlands5791,12674777410.2%
Italy3321412154228.3%
Austria468326320415-3.9%
Thailand478281268298-14.6%
United Kingdom2213773372808.2%
Others7596366169738.6%
Total8,3698,3778,2218,7261.4%

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

  1. Taiwan (Chinese) (34.5K units)
  2. China (10.5K units)
  3. United States (7.7K units)
  4. Netherlands (7.3K units)
  5. Italy (4.0K units)
  6. Austria (3.9K units)
  7. Thailand (2.8K units)
  8. United Kingdom (2.6K units)

Source: IndexBox Market Intelligence Platform

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