Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Sweden - 2023
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Sweden (CIF) - 2022
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Sweden (FOB) - 2023
- Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Sweden
- Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Sweden
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Sweden (CIF) - 2022
In 2022, the average import price for tools; for working in the hand, pneumatic, other than rotary type amounted to $221 per unit, growing by 30% against the previous year. Over the period under review, import price indicated a prominent increase from 2020 to 2022: its price increased at an average annual rate of +18.5% over the last two-year period. 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 +40.4% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($812 per unit), while the price for China ($48 per unit) was amongst the lowest.
From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+31.3%), 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 Sweden (FOB) - 2023
In December 2023, the average export price for tools; for working in the hand, pneumatic, other than rotary type amounted to $294 per unit, dropping by -3.6% against the previous month. Over the period from December 2022 to December 2023, it increased at an average monthly rate of +2.6%. The most prominent rate of growth was recorded in September 2023 an increase of 46% month-to-month. The export price peaked at $368 per unit in October 2023; however, from November 2023 to December 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($491 per unit), while the average price for exports to Denmark ($76.0 per unit) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+3.8%), 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 Sweden
In 2022, the amount of tools; for working in the hand, pneumatic, other than rotary type imported into Sweden dropped remarkably to 71K units, which is down by -19.3% compared with the previous year. In general, imports saw a deep slump. The smallest decline of -0.6% was in 2021. Imports peaked at 88K units in 2020; however, from 2021 to 2022, imports failed to regain momentum.
In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type expanded sharply to $16M in 2022. The total import value increased at an average annual rate of +10.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 20% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Netherlands | 4.1 | 4.6 | 5.9 | 20.0% | |
| Denmark | 3.0 | 2.4 | 2.3 | -12.4% | |
| Germany | 1.0 | 1.1 | 1.9 | 37.8% | |
| Taiwan (Chinese) | 1.8 | 1.9 | 1.6 | -5.7% | |
| China | 1.5 | 1.7 | 1.1 | -14.4% | |
| India | 0.1 | 0.2 | 0.2 | 41.4% | |
| France | 0.3 | 0.3 | 0.2 | -18.4% | |
| Others | 2.1 | 2.8 | 2.4 | 6.9% | |
| Total | 13.9 | 14.9 | 15.7 | 6.3% | |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to Sweden in 2022:
- China (22.6K units)
- Taiwan (Chinese) (13.5K units)
- Netherlands (7.3K units)
- Germany (5.6K units)
- Denmark (4.8K units)
- France (3.3K units)
- India (2.8K units)
Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Sweden
In 2022, the amount of tools; for working in the hand, pneumatic, other than rotary type exported from Sweden declined slightly to 37K units, which is down by -3.4% compared with the year before. Overall, exports saw a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 41%. Over the period under review, the exports of tools; for working in hand, pneumatic, other than rotary type reached the peak figure at 50K 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 expanded rapidly to $9.8M in 2022. In general, total exports indicated a tangible increase from 2019 to 2022: its value increased at an average annual rate of +2.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 50%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 259 | 103 | 1,785 | 1,548 | 81.5% |
| Norway | 1,249 | 1,125 | 1,596 | 1,339 | 2.3% |
| Germany | 499 | 378 | 470 | 1,319 | 38.3% |
| United States | 910 | 1,003 | 973 | 1,121 | 7.2% |
| Finland | 825 | 746 | 877 | 911 | 3.4% |
| Poland | 396 | 393 | 521 | 463 | 5.3% |
| France | 484 | 446 | 446 | 380 | -7.7% |
| Denmark | 365 | 336 | 353 | 356 | -0.8% |
| United Kingdom | 159 | 250 | 185 | 170 | 2.3% |
| Japan | 2,672 | 26.1 | 42.9 | 98.7 | -66.7% |
| Latvia | 53.2 | 123 | 143 | 73.6 | 11.4% |
| Others | 1,308 | 1,050 | 1,566 | 2,058 | 16.3% |
| Total | 9,179 | 5,980 | 8,957 | 9,837 | 2.3% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from Sweden in 2022:
- Netherlands (9.6K units)
- Finland (5.1K units)
- Norway (4.9K units)
- Denmark (2.9K units)
- Poland (2.7K units)
- Germany (2.7K units)
- United States (1.9K units)
- France (1.2K units)
- Latvia (0.4K units)
- United Kingdom (0.3K units)
- Japan (0.1K units)
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