Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Brazil - 2024
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Brazil (CIF) - 2024
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Brazil (FOB) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Brazil
- Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Brazil
Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Brazil (CIF) - 2024
In February 2024, the average import price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) amounted to $44.1 per unit, growing by 68% against the previous month. Over the period under review, the import price continues to indicate moderate growth. The growth pace was the most rapid in March 2023 when the average import price increased by 111% against the previous month. As a result, import price reached the peak level of $54.4 per unit. From April 2023 to February 2024, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In February 2024, the country with the highest price was Hong Kong SAR ($54.4 per unit), while the price for China ($19.3 per unit) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+12.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Brazil (FOB) - 2022
The average export price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) stood at $154 per unit in 2022, growing by 33% against the previous year. Over the period under review, the export price, however, recorded a slight curtailment. Over the period under review, the average export prices hit record highs at $202 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($378 per unit), while the average price for exports to Bahrain ($13 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 Peru (+13.0%), 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 Brazil
Imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) into Brazil expanded to 498K units in 2022, increasing by 1.5% on 2021. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +11.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 62% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) expanded remarkably to $17M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +5.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 59% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.3 | 4.8 | 8.2 | 7.7 | 13.3% |
| Taiwan (Chinese) | 2.3 | 1.3 | 2.2 | 2.5 | 2.8% |
| Hong Kong SAR | 0.6 | 0.4 | 0.7 | 1.5 | 35.7% |
| Others | 6.2 | 3.3 | 4.5 | 5.0 | -6.9% |
| Total | 14.4 | 9.8 | 15.6 | 16.8 | 5.3% |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) to Brazil in 2022:
- China (361.8K units)
- Hong Kong SAR (69.6K units)
- Taiwan (Chinese) (50.2K units)
Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Brazil
In 2022, the amount of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) exported from Brazil contracted sharply to 2.6K units, falling by -43.8% against the previous year. Overall, exports showed a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 28% against the previous year. The exports peaked at 4.8K 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, rotary type (including combined rotary-percussion) reduced rapidly to $406K in 2022. In general, exports continue to indicate a noticeable decline. The pace of growth appeared the most rapid in 2021 when exports increased by 31% against the previous year. As a result, the exports attained the peak of $542K, and then contracted significantly in the following year.
| Export of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 17.6 | 7.4 | 14.7 | 91.4 | 73.2% |
| Argentina | 78.3 | 55.0 | 71.0 | 71.9 | -2.8% |
| Uruguay | 58.9 | 42.8 | 72.0 | 64.8 | 3.2% |
| Bolivia | 18.9 | 5.0 | 14.4 | 23.1 | 6.9% |
| Chile | 36.1 | 60.9 | 34.0 | 22.7 | -14.3% |
| Paraguay | 47.4 | 32.3 | 41.7 | 15.0 | -31.9% |
| Ecuador | 1.3 | 10.3 | 1.7 | 5.6 | 62.7% |
| Costa Rica | 5.9 | 5.7 | 14.0 | 4.8 | -6.6% |
| Marshall Islands | 2.1 | 1.6 | 2.9 | 4.5 | 28.9% |
| Morocco | N/A | N/A | N/A | 4.2 | 0% |
| Belgium | 51.9 | 32.7 | 130 | 1.9 | -66.8% |
| Malta | 0.1 | 0.3 | 2.0 | 1.7 | 157.1% |
| Bahrain | 0.1 | N/A | N/A | 0.6 | 81.7% |
| Others | 136 | 161 | 144 | 94.0 | -11.6% |
| Total | 455 | 415 | 542 | 406 | -3.7% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) from Brazil in 2022:
- Bolivia (540.0 units)
- Uruguay (425.0 units)
- Argentina (312.0 units)
- Peru (242.0 units)
- Paraguay (203.0 units)
- Chile (186.0 units)
- Morocco (133.0 units)
- Costa Rica (74.0 units)
- Ecuador (50.0 units)
- Malta (49.0 units)
- Bahrain (48.0 units)
- Marshall Islands (48.0 units)
- Belgium (17.0 units)
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