Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Austria - 2023

Contents:

  1. Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Austria (CIF) - 2023
  2. Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Austria (FOB) - 2023
  3. Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Austria
  4. Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Austria

Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Austria (CIF) - 2023

In December 2023, the average import price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) amounted to $225 per unit, shrinking by -41.2% against the previous month. In general, the import price saw a pronounced reduction. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 159% m-o-m. The import price peaked at $412 per unit in August 2023; however, from September 2023 to December 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($1,349 per unit), while the price for China ($25.9 per unit) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Austria (FOB) - 2023

In December 2023, the average export price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) amounted to $347 per unit, jumping by 29% against the previous month. Overall, the export price posted buoyant growth. The pace of growth appeared the most rapid in April 2023 an increase of 144% against the previous month. The export price peaked in December 2023.

There were significant differences in the average prices for the major external markets. In December 2023, the country with the highest price was Iran ($1,324 per unit), while the average price for exports to Switzerland ($35.6 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 Iran (+47.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Austria

In 2022, imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) into Austria surged to 121K units, jumping by 48% compared with 2021 figures. In general, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports of tools; for working in hand, pneumatic, rotary type (including combined rotary-percussion) hit record highs at 123K 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, rotary type (including combined rotary-percussion) surged to $11M in 2022. The total import value increased at an average annual rate of +2.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Austria (Million USD)
COUNTRY202020212022CAGR,
2020-2022
Germany3.03.13.812.5%
China1.71.11.70.0%
Netherlands0.20.41.4164.6%
Czech Republic0.10.11.2246.4%
Belgium0.70.90.913.4%
Taiwan (Chinese)0.70.80.5-15.5%
Others2.12.21.6-12.7%
Total8.58.711.114.3%

Top Suppliers of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) to Austria in 2022:

  1. China (81.3K units)
  2. Germany (17.7K units)
  3. Netherlands (7.4K units)
  4. Czech Republic (5.1K units)
  5. Taiwan (Chinese) (3.3K units)
  6. Belgium (2.3K units)

Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Austria

In 2022, shipments abroad of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) decreased by -8.2% to 29K units, falling for the second consecutive year after two years of growth. Overall, exports showed a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 12%. As a result, the exports reached the peak of 39K units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) skyrocketed to $4.4M in 2022. In general, exports recorded a pronounced contraction. Over the period under review, the exports of tools; for working in hand, pneumatic, rotary type (including combined rotary-percussion) attained the peak figure at $5M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy5344834366929.0%
Germany8291,075541478-16.8%
Poland716228164392-18.2%
Czech Republic358453352335-2.2%
Hungary518439393272-19.3%
Romania351299265242-11.7%
Bulgaria1501361231734.9%
Greece223120107172-8.3%
Slovakia236182147147-14.6%
Slovenia14281.9117139-0.7%
Switzerland17079.249.9135-7.4%
Croatia66.175.712276.04.8%
Cyprus27.524.015.147.620.1%
Others6531,0526691,09818.9%
Total4,9734,7293,5004,399-4.0%

Top Export Markets for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) from Austria in 2022:

  1. Italy (4.0K units)
  2. Hungary (3.7K units)
  3. Romania (3.3K units)
  4. Czech Republic (3.1K units)
  5. Slovenia (2.1K units)
  6. Germany (2.0K units)
  7. Poland (1.8K units)
  8. Cyprus (1.2K units)
  9. Slovakia (1.1K units)
  10. Croatia (1.0K units)
  11. Greece (1.0K units)
  12. Switzerland (0.8K units)
  13. Bulgaria (0.8K units)

Source: IndexBox Market Intelligence Platform

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