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

Contents:

  1. Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Italy (CIF) - 2022
  2. Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Italy (FOB) - 2022
  3. Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Italy
  4. Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Italy

Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Italy (CIF) - 2022

In 2022, the average import price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) amounted to $128 per unit, standing approx. at the previous year. Over the period under review, the import price, however, showed a perceptible downturn. Over the period under review, average import prices hit record highs at $136 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($397 per unit), while the price for China ($39 per unit) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.6%), 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 Italy (FOB) - 2022

In 2022, the average export price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) amounted to $266 per unit, jumping by 30% against the previous year. Over the period under review, the export price, however, continues to indicate a slight decline. The export price peaked at $311 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($718 per unit), while the average price for exports to Serbia ($58 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 the United States (+7.9%), 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 Italy

After three years of growth, overseas purchases of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) decreased by -25.7% to 190K units in 2022. Over the period under review, imports, however, continue to indicate a resilient expansion. The growth pace was the most rapid in 2021 with an increase of 85%. As a result, imports reached the peak of 255K units, and then fell notably in the following year.

In value terms, imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) declined dramatically to $24M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +5.3% 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 +30.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 74%. As a result, imports reached the peak of $33M, and then declined sharply in the following year.

Import of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Italy (Million USD)
COUNTRY202020212022CAGR,
2020-2022
Taiwan (Chinese)4.46.85.814.8%
Netherlands0.82.53.5109.2%
Belgium1.51.73.552.8%
Germany3.16.42.4-12.0%
France4.35.91.9-33.5%
China0.91.91.737.4%
Spain0.81.31.011.8%
Others3.06.24.421.1%
Total18.732.724.414.2%

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

  1. Netherlands (47.9K units)
  2. China (44.4K units)
  3. Taiwan (Chinese) (31.7K units)
  4. France (19.6K units)
  5. Germany (16.1K units)
  6. Belgium (8.9K units)
  7. Spain (6.5K units)

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

In 2022, approx. 77K units of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) were exported from Italy; waning by -25.3% on the previous year's figure. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 49%. As a result, the exports reached the peak of 103K units, and then declined remarkably in the following year.

In value terms, exports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) declined to $20M in 2022. In general, exports continue to indicate a slight decrease. The pace of growth was the most pronounced in 2021 when exports increased by 23% against the previous year. The exports peaked at $21M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2.22.53.33.112.1%
France2.32.12.72.1-3.0%
United States1.61.01.91.84.0%
Spain1.21.21.21.20.0%
Poland1.51.01.31.1-9.8%
Turkey0.60.30.70.810.1%
Netherlands1.80.60.40.8-23.7%
Malta0.50.60.60.711.9%
United Kingdom1.61.00.70.6-27.9%
Czech Republic0.40.40.40.40.0%
Tunisia0.10.30.20.458.7%
Sweden0.20.20.20.20.0%
Serbia0.10.10.10.10.0%
Others7.05.87.57.10.5%
Total21.117.221.120.5-1.0%

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

  1. Germany (10.3K units)
  2. France (10.1K units)
  3. Spain (6.8K units)
  4. Malta (6.6K units)
  5. Turkey (3.8K units)
  6. Poland (2.7K units)
  7. United States (2.6K units)
  8. United Kingdom (2.2K units)
  9. Netherlands (2.0K units)
  10. Serbia (1.7K units)
  11. Czech Republic (1.4K units)
  12. Tunisia (1.3K units)
  13. Sweden (1.3K units)

Source: IndexBox Market Intelligence Platform

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