Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Iraq - 2022
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Iraq (CIF) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Iraq
Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Iraq (CIF) - 2022
In 2022, the average import price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) amounted to $81 per unit, picking up by 21% against the previous year. Overall, the import price, however, continues to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 57% against the previous year. The import price peaked at $129 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($383 per unit), while the price for China ($40 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+18.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Iraq
In 2022, the amount of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) imported into Iraq soared to 36K units, picking up by 19% against 2021 figures. The total import volume increased at an average annual rate of +13.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) skyrocketed to $2.9M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +17.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.1% against 2019 indices. As a result, imports reached 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 Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 907 | 855 | 936 | 1,236 | 10.9% |
| United Arab Emirates | 189 | 366 | 720 | 1,224 | 86.4% |
| South Korea | 488 | 598 | 86.5 | 132 | -35.3% |
| Others | 205 | 221 | 263 | 290 | 12.3% |
| Total | 1,789 | 2,039 | 2,006 | 2,882 | 17.2% |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) to Iraq in 2022:
- China (31.3K units)
- United Arab Emirates (3.2K units)
- South Korea (0.3K units)
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