Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in China - 2024
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in China (FOB) - 2022
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in China (CIF) - 2024
- Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in China
- Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in China
Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in China (FOB) - 2022
The average export price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) stood at $26 per unit in 2022, growing by 4.1% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2021 an increase of 12% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.
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 Singapore ($42 per unit), while the average price for exports to Australia ($14 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 Mexico (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in China (CIF) - 2024
The average import price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) stood at $101 per unit in December 2023, falling by -7.7% against the previous month. Overall, the import price recorded a noticeable reduction. The growth pace was the most rapid in May 2023 when the average import price increased by 46% m-o-m. The import price peaked at $137 per unit in February 2023; however, from March 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 ($452 per unit), while the price for Taiwan (Chinese) ($48.7 per unit) was amongst the lowest.
From February 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in China
In 2022, exports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) from China declined to 5.3M units, shrinking by -11.3% against 2021 figures. The total export volume increased at an average annual rate of +1.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 25%. As a result, the exports attained the peak of 6M units, and then dropped in the following year.
In value terms, exports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) dropped to $139M in 2022. The total export value increased at an average annual rate of +5.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 40%. As a result, the exports attained the peak of $150M, and then contracted in the following year.
| Export of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 47.9 | 34.6 | 40.5 | 33.6 | -11.1% |
| Brazil | 5.7 | 5.5 | 10.7 | 9.7 | 19.4% |
| Russia | 3.2 | 4.3 | 7.5 | 9.7 | 44.7% |
| Germany | 7.0 | 6.0 | 9.8 | 6.4 | -2.9% |
| Singapore | 2.2 | 3.1 | 3.1 | 6.1 | 40.5% |
| Malaysia | 1.7 | 2.0 | 3.6 | 5.3 | 46.1% |
| India | 3.6 | 3.1 | 4.3 | 4.8 | 10.1% |
| Poland | 2.7 | 4.0 | 4.6 | 3.8 | 12.1% |
| Mexico | 2.1 | 1.9 | 4.0 | 3.8 | 21.9% |
| Australia | 2.0 | 2.4 | 2.3 | 3.0 | 14.5% |
| Argentina | 0.7 | 1.1 | 2.1 | 2.9 | 60.6% |
| Japan | 1.6 | 1.6 | 2.7 | 2.4 | 14.5% |
| Netherlands | 2.3 | 1.9 | 1.6 | 2.3 | 0.0% |
| Others | 35.0 | 36.1 | 53.7 | 45.3 | 9.0% |
| Total | 118 | 108 | 150 | 139 | 5.6% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) from China in 2022:
- United States (1585.3K units)
- Brazil (341.8K units)
- Russia (339.6K units)
- Germany (260.4K units)
- Australia (211.6K units)
- India (185.4K units)
- Malaysia (170.7K units)
- Singapore (144.7K units)
- Mexico (129.7K units)
- Poland (129.3K units)
- Argentina (126.9K units)
- Netherlands (126.0K units)
- Japan (111.1K units)
Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in China
In 2022, approx. 382K units of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) were imported into China; shrinking by -34.5% on 2021. Overall, imports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2021 when imports increased by 26%. As a result, imports attained the peak of 583K units, and then fell rapidly in the following year.
In value terms, imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) reduced to $34M in 2022. In general, imports continue to indicate a pronounced shrinkage. The growth pace was the most rapid in 2021 with an increase of 10% against the previous year. Imports peaked at $37M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 11.3 | 11.6 | 14.8 | 11.6 | 0.9% |
| Japan | 9.9 | 8.2 | 7.7 | 6.4 | -13.5% |
| United States | 5.1 | 4.2 | 4.6 | 5.1 | 0.0% |
| Hungary | 2.3 | 1.8 | 2.4 | 2.3 | 0.0% |
| Others | 8.8 | 7.2 | 6.8 | 8.4 | -1.5% |
| Total | 37.5 | 32.9 | 36.3 | 33.9 | -3.3% |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) to China in 2022:
- Taiwan (Chinese) (324.8K units)
- Japan (25.8K units)
- United States (11.4K units)
- Hungary (8.0K units)
475
This report provides an in-depth analysis of the market for pneumatic or hydraulic hand tool in China.
354
This report provides an in-depth analysis of the hand tools market in China.
874
This report provides an in-depth analysis of the power tool market in China.
399
This report provides an in-depth analysis of the market for electromechanical tools for working in the hand, with self-contained electric motor in China.
402
This report provides an in-depth analysis of the non-electric motor handtools market in China.
483
This report provides an in-depth analysis of the electropneumatic drill market in China.
380
This report provides an in-depth analysis of the electromechanical hedge trimmer market in China.
362
This report provides an in-depth analysis of the electromechanical handsaw market in China.
333
This report provides an in-depth analysis of the electromechanical hand tools market in China.
411
This report provides an in-depth analysis of the battery hand drill market in China.
444
In value terms, power tool exports dropped slightly to $820M in April 2023.
202
Discover the top import markets for pneumatic or hydraulic hand tools and the key statistics behind their import values. Learn about the countries with high demand for these tools.
645
Discover the top import markets for power tools based on their import value in 2022. Get valuable insights on the global demand for power tools and potential opportunities for manufacturers and exporters.
1062
In 2016, the global imports of electro-mechanical tool totaled X tons, picking up by X% against the previous year figure. Overall, electro-mechanical tool imports continue to indicate a relativel...
858
In 2016, the global imports of electro-mechanical tool totaled X tons, picking up by X% against the previous year figure. Overall, electro-mechanical tool imports continue to indicate a relativel...
1601
Global electro-mechanical tool market production (drills of all kinds, saws or other) was estimated
1249
In 2015, the value of total imports on the global electro-mechanical tool market stood at X million USD. Overall, there was an annual increase of +X% for the period from 2007 to 2015. In physical terms, the total volume of electro-mechanical too
1335
From 2007 to 2015, global consumption on the electro-mechanical tool market grew annually by +X%. The highest annual rates of growth with regard to electro-mechanical tools (drills of all kinds, saws or other) consumption from 2007 to 2015, were reco
1466
From 2007 to 2015, global exports of electro-mechanical tools (drills of all kinds, saws or other) increased by +X% per year, amounting to X million USD in 2015. In physical terms, exports reached X million units in 2015, and remained stable a
1012
China dominates in the global electro-mechanical tool trade. In 2014, China exported X thousand tons of electro-mechanical tools totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X
