Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Luxembourg - 2023
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Luxembourg (FOB) - 2023
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Luxembourg (CIF) - 2022
- Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Luxembourg
- Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Luxembourg
Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Luxembourg (FOB) - 2023
The average export price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) stood at $1,566 per unit in December 2023, with an increase of 2.1% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 an increase of 21% month-to-month. The export price peaked at $1,579 per unit in June 2023; afterwards, it flattened through to December 2023.
Average prices varied somewhat for the major external markets. In December 2023, the highest price was recorded for prices to Morocco ($2,386 per unit) and Switzerland ($2,268 per unit), while the average price for exports to Norway ($1,772 per unit) and Turkey ($1,838 per unit) were 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 (+19.6%), 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 Luxembourg (CIF) - 2022
The average import price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) stood at $1,661 per unit in 2022, with an increase of 134% against the previous year. In general, the import price enjoyed a significant expansion. The growth pace was the most rapid in 2021 when the average import price increased by 186% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($5,004 per unit), while the price for Belgium ($108 per unit) was amongst the lowest.
From 2020 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+341.4%), 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 Luxembourg
Exports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) from Luxembourg was estimated at 6.6K units in 2022, remaining relatively unchanged against the previous year's figure. In general, exports, however, faced a abrupt contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 20% against the previous year. The exports peaked at 12K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) amounted to $8.3M in 2022. Overall, exports, however, saw a mild shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 27%. The exports peaked at $8.6M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,558 | 1,161 | 1,391 | 1,279 | -6.4% |
| France | 1,209 | 777 | 1,083 | 1,236 | 0.7% |
| Italy | 992 | 744 | 1,083 | 980 | -0.4% |
| United Kingdom | 795 | 597 | 721 | 802 | 0.3% |
| Poland | 697 | 539 | 610 | 592 | -5.3% |
| Czech Republic | 440 | 286 | 377 | 396 | -3.5% |
| Netherlands | 342 | 280 | 372 | 371 | 2.8% |
| Spain | 327 | 249 | 267 | 330 | 0.3% |
| Hungary | 225 | 219 | 220 | 250 | 3.6% |
| Belgium | 148 | 116 | 186 | 190 | 8.7% |
| Turkey | 132 | 93.2 | 144 | 153 | 5.0% |
| Denmark | 111 | 78.1 | 159 | 145 | 9.3% |
| Austria | 94.1 | 83.3 | 140 | 141 | 14.4% |
| Others | 1,495 | 1,005 | 1,175 | 1,410 | -1.9% |
| Total | 8,566 | 6,227 | 7,928 | 8,277 | -1.1% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) from Luxembourg in 2022:
- France (1035.0 units)
- Germany (1006.0 units)
- Italy (851.0 units)
- Poland (527.0 units)
- United Kingdom (467.0 units)
- Netherlands (364.0 units)
- Spain (309.0 units)
- Czech Republic (279.0 units)
- Belgium (238.0 units)
- Hungary (183.0 units)
- Denmark (142.0 units)
- Austria (108.0 units)
- Turkey (105.0 units)
Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Luxembourg
In 2022, approx. 3.6K units of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) were imported into Luxembourg; dropping by -45.1% compared with 2021. Overall, imports saw a precipitous contraction. Imports peaked at 16K units in 2020; however, from 2021 to 2022, imports failed to regain momentum.
In value terms, imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) surged to $6M in 2022. In general, total imports indicated a temperate expansion from 2019 to 2022: its value increased at an average annual rate of +4.2% 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 +53.0% against 2020 indices. As a result, imports attained 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 Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| United States | 3,442 | 4,126 | 5,500 | 26.4% | |
| Germany | 249 | 304 | 304 | 10.5% | |
| France | 69.8 | 95.1 | 70.3 | 0.4% | |
| Belgium | 92.3 | 57.9 | 55.8 | -22.2% | |
| Netherlands | 31.5 | 42.0 | 35.9 | 6.8% | |
| Taiwan (Chinese) | 9.6 | 1.1 | 17.4 | 34.6% | |
| Others | 50.5 | 61.5 | 54.8 | 4.2% | |
| Total | 3,945 | 4,688 | 6,038 | 23.7% | |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) to Luxembourg in 2022:
- Germany (1226.0 units)
- United States (1099.0 units)
- Belgium (519.0 units)
- Netherlands (331.0 units)
- France (241.0 units)
- Taiwan (Chinese) (77.0 units)
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