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

Contents:

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

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

In 2022, the average import price for tools; for working in the hand, pneumatic, other than rotary type amounted to $34 per unit, increasing by 16% against the previous year. In general, the import price, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2014 an increase of 131% against the previous year. As a result, import price reached the peak level of $212 per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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 ($290 per unit), while the price for China ($17 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) (+4.5%), 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 the United Arab Emirates (FOB) - 2022

In 2022, the average export price for tools; for working in the hand, pneumatic, other than rotary type amounted to $484 per unit, which is down by -30.1% against the previous year. Over the period under review, the export price, however, enjoyed noticeable growth. The growth pace was the most rapid in 2019 an increase of 68% against the previous year. Over the period under review, the average export prices attained the maximum at $939 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($1,182 per unit), while the average price for exports to India ($137 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 Saudi Arabia (+15.5%), 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 United Arab Emirates

Imports of tools; for working in the hand, pneumatic, other than rotary type into the United Arab Emirates skyrocketed to 226K units in 2022, growing by 23% compared with the year before. Overall, imports recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 124%. As a result, imports reached the peak of 256K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type surged to $7.8M in 2022. Over the period under review, imports recorded a prominent expansion. The pace of growth was the most pronounced in 2020 with an increase of 190% against the previous year. As a result, imports attained the peak of $13M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.21.52.13.441.5%
Taiwan (Chinese)0.40.80.61.140.1%
South Korea0.21.3N/A0.644.2%
India0.20.10.10.535.7%
Oman0.17.30.2N/A41.4%
Others2.52.22.42.2-4.2%
Total4.513.25.57.820.1%

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

  1. China (203.2K units)
  2. India (4.8K units)
  3. Taiwan (Chinese) (4.1K units)
  4. South Korea (2.9K units)
  5. Oman (0.1K units)

Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in the United Arab Emirates

In 2022, the amount of tools; for working in the hand, pneumatic, other than rotary type exported from the United Arab Emirates skyrocketed to 4.4K units, with an increase of 17% against 2021 figures. Overall, exports, however, saw a pronounced descent. The pace of growth appeared the most rapid in 2021 when exports increased by 37%. The exports peaked at 4.7K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of tools; for working in the hand, pneumatic, other than rotary type dropped notably to $2.1M in 2022. In general, exports, however, showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 1.1%. The exports peaked at $3.4M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Oman1,4571,0481,3731,390-1.6%
India408237270401-0.6%
Nigeria74324021.812.9-74.1%
Iran203248671N/A81.8%
Saudi Arabia166555110N/A-18.6%
Ghana202N/AN/AN/A0%
Others22823714732312.3%
Total3,4062,5642,5922,127-14.5%

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

  1. India (2.9K units)
  2. Oman (1.2K units)

Source: IndexBox Market Intelligence Platform

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