Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in the UK - 2022
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in the UK (CIF) - 2022
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in the UK (FOB) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in the UK
- Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in the UK
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in the UK (CIF) - 2022
The average import price for tools; for working in the hand, pneumatic, other than rotary type stood at $87 per unit in 2022, waning by -27% against the previous year. Over the period under review, the import price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2015 when the average import price increased by 30%. As a result, import price reached the peak level of $213 per unit. From 2016 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($283 per unit), while the price for India ($8.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.5%), 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 the UK (FOB) - 2022
The average export price for tools; for working in the hand, pneumatic, other than rotary type stood at $258 per unit in 2022, growing by 7.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. The growth pace was the most rapid in 2020 when the average export price increased by 9%. As a result, the export price reached the peak level of $261 per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($376 per unit), while the average price for exports to Germany ($201 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 China (+11.9%), 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 the UK
In 2022, approx. 310K units of tools; for working in the hand, pneumatic, other than rotary type were imported into the UK; growing by 93% compared with 2021 figures. Over the period under review, imports showed a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type soared to $27M in 2022. Overall, total imports indicated a pronounced expansion from 2019 to 2022: its value increased at an average annual rate of +4.2% 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 +72.6% against 2020 indices. 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 the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.5 | 3.1 | 4.1 | 12.1 | 51.2% |
| Taiwan (Chinese) | 2.2 | 1.2 | 2.1 | 4.2 | 24.1% |
| United States | 2.0 | 1.2 | 1.3 | 2.9 | 13.2% |
| Germany | 1.6 | 1.3 | 1.1 | 1.5 | -2.1% |
| Italy | 0.4 | 0.2 | 0.1 | 1.1 | 40.1% |
| India | 0.3 | 0.1 | 0.2 | 0.9 | 44.2% |
| Cyprus | N/A | N/A | 0.3 | 0.9 | 200.0% |
| France | 4.8 | 1.7 | 0.1 | 0.5 | -52.9% |
| Bulgaria | N/A | 0.5 | 5.8 | 0.2 | -36.8% |
| Netherlands | 3.4 | 1.6 | 0.8 | 0.1 | -69.1% |
| Belgium | 2.0 | 1.6 | 1.6 | 0.1 | -63.2% |
| Others | 3.6 | 3.0 | 1.6 | 2.3 | -13.9% |
| Total | 23.7 | 15.6 | 19.1 | 26.9 | 4.3% |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to the UK in 2022:
- India (108.6K units)
- China (96.7K units)
- Taiwan (Chinese) (52.6K units)
- United States (10.2K units)
- Germany (9.1K units)
- Cyprus (7.6K units)
- Italy (6.5K units)
- France (3.1K units)
- Bulgaria (1.4K units)
- Belgium (0.8K units)
- Netherlands (0.3K units)
Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in the UK
In 2022, exports of tools; for working in the hand, pneumatic, other than rotary type from the UK expanded remarkably to 88K units, growing by 6.5% on the previous year. Overall, exports recorded a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 136%. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, exports of tools; for working in the hand, pneumatic, other than rotary type expanded markedly to $23M in 2022. Over the period under review, exports enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 116%. Over the period under review, the exports of tools; for working in hand, pneumatic, other than rotary type hit record highs 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 the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 353 | 329 | 3,832 | 3,566 | 116.2% |
| United States | 1,474 | 1,088 | 2,102 | 2,909 | 25.4% |
| France | 844 | 641 | 1,342 | 2,340 | 40.5% |
| Ireland | 1,596 | 1,124 | 2,572 | 1,433 | -3.5% |
| China | 259 | 348 | 1,006 | 1,277 | 70.2% |
| Netherlands | 616 | 507 | 900 | 1,144 | 22.9% |
| Belgium | 596 | 357 | 742 | 780 | 9.4% |
| Italy | 250 | 201 | 441 | 558 | 30.7% |
| Norway | 319 | 326 | 388 | 494 | 15.7% |
| Austria | 19.3 | 27.7 | 307 | 480 | 191.9% |
| Poland | 267 | 350 | 1,013 | 463 | 20.1% |
| Singapore | 314 | 127 | 139 | 344 | 3.1% |
| Sweden | 155 | 110 | 313 | 340 | 29.9% |
| Others | 4,402 | 3,565 | 4,588 | 6,470 | 13.7% |
| Total | 11,465 | 9,099 | 19,686 | 22,599 | 25.4% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from the UK in 2022:
- Germany (17.8K units)
- United States (9.7K units)
- Ireland (6.7K units)
- France (6.2K units)
- China (4.7K units)
- Netherlands (4.2K units)
- Belgium (3.4K units)
- Poland (2.2K units)
- Italy (2.0K units)
- Norway (1.8K units)
- Singapore (1.5K units)
- Sweden (1.5K units)
- Austria (1.4K units)
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