Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Germany - 2023
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Germany (FOB) - 2023
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Germany (CIF) - 2023
- Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Germany
- Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Germany
Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Germany (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 $418 per unit, picking up by 28% against the previous month. Overall, export price indicated a tangible expansion from December 2022 to December 2023: its price increased at an average monthly rate of +2.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, export price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) increased by +28.2% against November 2023 indices. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 54% m-o-m. As a result, the export price reached the peak level of $538 per unit. From March 2023 to December 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was China ($1,136 per unit), while the average price for exports to South Africa ($168 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 the United Arab Emirates (+5.6%), 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 Germany (CIF) - 2023
The average import price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) stood at $254 per unit in December 2023, picking up by 7.1% against the previous month. Over the period under review, import price indicated a modest increase from December 2022 to December 2023: its price increased at an average monthly rate of +1.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) increased by +38.7% against September 2023 indices. The most prominent rate of growth was recorded in June 2023 an increase of 51% against the previous month. As a result, import price reached the peak level of $275 per unit. From July 2023 to December 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($1,093 per unit), while the price for China ($54.9 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 Poland (+3.6%), 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 Germany
In 2022, the amount of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) exported from Germany fell to 206K units, which is down by -13.6% against the previous year's figure. Overall, exports faced a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 11%. The exports peaked at 290K 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) shrank to $66M in 2022. In general, exports showed a perceptible contraction. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. Over the period under review, the exports of tools; for working in hand, pneumatic, rotary type (including combined rotary-percussion) hit record highs at $72M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 6.0 | 4.9 | 6.2 | 7.7 | 8.7% |
| Poland | 5.8 | 5.6 | 6.9 | 5.3 | -3.0% |
| Austria | 4.8 | 3.9 | 4.6 | 5.0 | 1.4% |
| Italy | 4.0 | 3.6 | 4.2 | 3.8 | -1.7% |
| United States | 5.3 | 3.1 | 4.6 | 3.8 | -10.5% |
| Spain | 3.0 | 2.3 | 2.9 | 3.2 | 2.2% |
| Netherlands | 3.0 | 2.6 | 2.9 | 3.1 | 1.1% |
| Switzerland | 3.1 | 2.5 | 3.0 | 2.9 | -2.2% |
| Czech Republic | 4.5 | 3.5 | 4.2 | 2.7 | -15.7% |
| Sweden | 1.5 | 1.2 | 1.7 | 1.5 | 0.0% |
| Belgium | 1.5 | 1.1 | 1.5 | 1.4 | -2.3% |
| Hungary | 1.8 | 1.2 | 1.2 | 1.2 | -12.6% |
| Denmark | 1.2 | 1.0 | 1.1 | 1.1 | -2.9% |
| Others | 26.6 | 21.0 | 24.2 | 22.8 | -5.0% |
| Total | 72.1 | 57.5 | 69.1 | 65.5 | -3.1% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) from Germany in 2022:
- Poland (29.8K units)
- France (22.4K units)
- Austria (17.5K units)
- Italy (12.8K units)
- Spain (12.6K units)
- Czech Republic (9.6K units)
- Netherlands (9.0K units)
- Switzerland (7.1K units)
- Belgium (6.4K units)
- Denmark (5.0K units)
- Hungary (4.8K units)
- United States (4.5K units)
- Sweden (4.5K units)
Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Germany
In 2022, overseas purchases of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) decreased by -21.7% to 385K units for the first time since 2018, thus ending a three-year rising trend. In general, imports continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 16% against the previous year. As a result, imports reached the peak of 492K units, and then declined notably in the following year.
In value terms, imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) declined to $65M in 2022. Overall, imports recorded a perceptible contraction. The pace of growth was the most pronounced in 2021 when imports increased by 26% against the previous year. As a result, imports reached the peak of $73M, and then reduced in the following year.
| Import of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Taiwan (Chinese) | 19.3 | 27.3 | 19.8 | 1.3% | |
| Belgium | 9.3 | 10.0 | 9.9 | 3.2% | |
| China | 8.4 | 11.2 | 8.4 | 0.0% | |
| Japan | 3.4 | 4.3 | 5.6 | 28.3% | |
| Netherlands | 3.0 | 3.1 | 4.7 | 25.2% | |
| Italy | 1.7 | 1.7 | 1.8 | 2.9% | |
| Poland | 1.0 | 1.4 | 1.5 | 22.5% | |
| Others | 11.9 | 14.1 | 13.6 | 6.9% | |
| Total | 58.0 | 73.0 | 65.2 | 6.0% | |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) to Germany in 2022:
- China (149.4K units)
- Taiwan (Chinese) (118.3K units)
- Netherlands (34.6K units)
- Belgium (20.0K units)
- Japan (13.4K units)
- Poland (12.3K units)
- Italy (9.7K units)
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