Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Kuwait - 2022
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Kuwait (CIF) - 2022
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Kuwait (FOB) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Kuwait
- Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Kuwait
Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Kuwait (CIF) - 2022
The average import price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) stood at $46 per unit in 2022, surging by 30% against the previous year. Overall, the import price, however, saw a abrupt setback. The import price peaked at $126 per unit in 2012; however, from 2013 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 the United States ($199 per unit), while the price for Taiwan (Chinese) ($22 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.9%), while the prices for the other major suppliers experienced a decline.
Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Kuwait (FOB) - 2022
The average export price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) stood at $682 per unit in 2022, increasing by 81% against the previous year. Overall, the export price enjoyed a resilient expansion. The pace of growth was the most pronounced in 2015 when the average export price increased by 96%. The export price peaked in 2022 and is likely to continue growth in the immediate term.
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 India ($1,057 per unit), while the average price for exports to South Korea ($26 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 Spain (+105.8%), 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 Kuwait
After three years of growth, overseas purchases of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) decreased by -73.5% to 7.7K units in 2022. Overall, imports showed a drastic downturn. The pace of growth was the most pronounced in 2021 when imports increased by 110%. As a result, imports attained the peak of 29K units, and then shrank dramatically in the following year.
In value terms, imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) contracted remarkably to $358K in 2022. In general, imports showed a abrupt descent. The growth pace was the most rapid in 2021 when imports increased by 28% against the previous year. As a result, imports attained the peak of $1M, and then shrank notably in the following year.
| Import of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 180 | 97.3 | 282 | 66.0 | -28.4% |
| United Arab Emirates | 37.6 | 37.8 | 58.6 | 46.2 | 7.1% |
| South Korea | 42.7 | 17.5 | 71.3 | 35.7 | -5.8% |
| China | 37.8 | 61.1 | 76.4 | 25.5 | -12.3% |
| Germany | 13.3 | 3.0 | 40.4 | 14.8 | 3.6% |
| United Kingdom | 35.0 | 21.2 | 42.6 | 12.2 | -29.6% |
| Japan | 161 | 159 | 228 | 10.8 | -59.4% |
| Others | 145 | 414 | 242 | 147 | 0.5% |
| Total | 653 | 811 | 1,042 | 358 | -18.2% |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) to Kuwait in 2022:
- Taiwan (Chinese) (3061.0 units)
- China (1146.0 units)
- South Korea (1085.0 units)
- United Arab Emirates (982.0 units)
- Japan (440.0 units)
- United Kingdom (182.0 units)
- Germany (177.0 units)
Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Kuwait
In 2022, after three years of growth, there was significant decline in overseas shipments of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion), when their volume decreased by -91.1% to 20 units. Over the period under review, exports continue to indicate a precipitous descent. The pace of growth was the most pronounced in 2020 when exports increased by 312%. Over the period under review, the exports of tools; for working in hand, pneumatic, rotary type (including combined rotary-percussion) hit record highs at 224 units in 2021, and then reduced notably in the following year.
In value terms, exports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) dropped sharply to $14K in 2022. Overall, exports continue to indicate a abrupt descent. The growth pace was the most rapid in 2020 when exports increased by 203%. The exports peaked at $85K in 2021, and then fell sharply in the following year.
| Export of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | N/A | N/A | 7.4 | 0% |
| Pakistan | N/A | N/A | N/A | 1.3 | 0% |
| United Arab Emirates | 0.5 | 3.5 | 57.4 | 1.2 | 33.9% |
| Slovenia | 0.7 | 2.6 | 0.6 | 0.5 | -10.6% |
| Oman | 0.2 | 1.4 | 0.1 | 0.3 | 14.5% |
| Iran | 0.4 | 3.5 | 0.6 | 0.2 | -20.6% |
| Germany | 8.3 | 30.6 | 2.1 | 0.2 | -71.1% |
| South Korea | 0.1 | 0.5 | 0.1 | N/A | 0.0% |
| Qatar | 1.0 | 8.5 | N/A | N/A | 750.0% |
| Others | 5.3 | N/A | 23.6 | 2.5 | -22.2% |
| Total | 16.7 | 50.6 | 84.5 | 13.6 | -6.6% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) from Kuwait in 2022:
- India (7.0 units)
- United Arab Emirates (4.0 units)
- Pakistan (3.0 units)
- Slovenia (2.0 units)
- Iran (1.0 units)
- Germany (1.0 units)
- Oman (1.0 units)
- South Korea (1.0 units)
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