Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Norway - 2024
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Norway (CIF) - 2022
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Norway (FOB) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Norway
- Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Norway
Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Norway (CIF) - 2022
In 2022, the average import price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) amounted to $131 per unit, approximately reflecting the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 26% against the previous year. The import price peaked at $144 per unit in 2016; however, from 2017 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 Sweden ($535 per unit), while the price for China ($49 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+8.4%), 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 Norway (FOB) - 2022
In 2022, the average export price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) amounted to $382 per unit, reducing by -40.2% against the previous year. Overall, the export price showed a noticeable contraction. The most prominent rate of growth was recorded in 2013 an increase of 147% against the previous year. As a result, the export price attained the peak level of $1,280 per unit. From 2014 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($1,747 per unit), while the average price for exports to Sweden ($129 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 China (+48.7%), 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 Norway
In 2022, supplies from abroad of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) decreased by -0.9% to 54K units, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +5.6% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 27% against the previous year. As a result, imports attained the peak of 58K units. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) dropped to $7.1M in 2022. The total import value increased at an average annual rate of +5.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 19%. As a result, imports reached the peak of $7.2M, and then contracted in the following year.
Import of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Norway (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 806 | 1,405 | 1,515 | 1,475 | 22.3% |
Taiwan (Chinese) | 1,167 | 1,054 | 1,387 | 1,316 | 4.1% |
Japan | 637 | 509 | 647 | 868 | 10.9% |
Germany | 317 | 278 | 757 | 709 | 30.8% |
United States | 593 | 392 | 520 | 506 | -5.2% |
Sweden | 590 | 913 | 621 | 492 | -5.9% |
Italy | 106 | 171 | 165 | 174 | 18.0% |
Netherlands | 116 | 132 | 230 | 148 | 8.5% |
Others | 1,645 | 1,213 | 1,355 | 1,374 | -5.8% |
Total | 5,978 | 6,067 | 7,197 | 7,063 | 5.7% |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) to Norway in 2022:
- China (30.0K units)
- Taiwan (Chinese) (9.6K units)
- Japan (4.9K units)
- Germany (2.3K units)
- Netherlands (1.3K units)
- United States (1.2K units)
- Italy (1.1K units)
- Sweden (0.9K units)
Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Norway
In 2022, overseas shipments of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) were finally on the rise to reach 3.3K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports posted resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) soared to $1.3M in 2022. In general, exports, however, continue to indicate a abrupt contraction. The exports peaked at $1.5M 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 Norway (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 45.8 | 32.6 | 39.0 | 277 | 82.2% |
Germany | 14.7 | 12.1 | 2.4 | 138 | 111.0% |
United States | 60.6 | 81.6 | 86.0 | 109 | 21.6% |
United Kingdom | 98.7 | 84.0 | 77.5 | 101 | 0.8% |
Australia | 117 | 21.8 | 105 | 97.7 | -5.8% |
Nigeria | 0.3 | 21.1 | 1.0 | 84.7 | 556.0% |
Denmark | 166 | 58.0 | 12.5 | 51.0 | -32.5% |
Netherlands | 24.7 | 61.4 | 16.2 | 27.1 | 3.1% |
Spain | 1.6 | 0.7 | 2.3 | 24.2 | 147.3% |
France | 9.5 | 62.6 | N/A | 17.5 | 22.6% |
Singapore | 112 | 37.3 | 47.5 | 14.8 | -49.1% |
Thailand | N/A | 48.7 | N/A | N/A | 0% |
China | 402 | 0.3 | 26.1 | N/A | -74.5% |
Others | 448 | 243 | 259 | 318 | -10.8% |
Total | 1,502 | 765 | 675 | 1,261 | -5.7% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) from Norway in 2022:
- Sweden (2145.0 units)
- Germany (295.0 units)
- Nigeria (167.0 units)
- Denmark (140.0 units)
- United States (79.0 units)
- Australia (74.0 units)
- Spain (71.0 units)
- United Kingdom (58.0 units)
- Netherlands (30.0 units)
- France (26.0 units)
- Singapore (19.0 units)
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