Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Pakistan - 2023
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Pakistan (CIF) - 2022
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Pakistan (FOB) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Pakistan
- Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Pakistan
Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Pakistan (CIF) - 2022
In 2022, the average import price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) amounted to $29 per unit, dropping by -16.1% against the previous year. Overall, the import price showed a noticeable downturn. The growth pace was the most rapid in 2017 when the average import price increased by 68%. The import price peaked at $45 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 ($35 per unit), while the price for the United Arab Emirates ($20 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 (+5.1%), 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 Pakistan (FOB) - 2022
In 2022, the average export price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) amounted to $32 per unit, surging by 9.6% against the previous year. Over the period under review, the export price, however, faced a abrupt curtailment. The most prominent rate of growth was recorded in 2017 an increase of 171%. The export price peaked at $306 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($26 per unit), while the average price for exports to Peru ($12 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 (+21.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Pakistan
In 2022, after three years of growth, there was significant decline in supplies from abroad of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion), when their volume decreased by -45.3% to 5.5K units. Over the period under review, imports, however, posted prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 126%. As a result, imports reached the peak of 10K units, and then fell sharply in the following year.
In value terms, imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) contracted rapidly to $158K in 2022. In general, imports, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 148%. As a result, imports attained the peak of $344K, and then contracted significantly in the following year.
| Import of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.2 | 29.2 | 2.3 | 30.8 | 62.3% |
| Germany | 0.2 | 20.0 | 37.7 | 30.8 | 436.0% |
| China | 93.7 | 43.6 | 174 | 28.2 | -33.0% |
| South Korea | 1.9 | N/A | 3.1 | 26.2 | 139.8% |
| Japan | 12.7 | 30.8 | 23.1 | 14.8 | 5.2% |
| Hungary | 1.4 | N/A | 6.7 | 13.5 | 112.8% |
| Sweden | N/A | N/A | 65.3 | 9.5 | -85.5% |
| Others | 4.4 | 15.1 | 32.1 | 4.1 | -2.3% |
| Total | 121 | 139 | 344 | 158 | 9.3% |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) to Pakistan in 2022:
- China (1180.0 units)
- South Korea (989.0 units)
- Germany (949.0 units)
- United States (875.0 units)
- Japan (560.0 units)
- Hungary (424.0 units)
- Sweden (336.0 units)
Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Pakistan
In 2022, the amount of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) exported from Pakistan contracted remarkably to 444 units, falling by -40.9% compared with 2021. In general, exports saw a deep downturn. The pace of growth was the most pronounced in 2021 when exports increased by 51% against the previous year. Over the period under review, the exports of tools; for working in hand, pneumatic, rotary type (including combined rotary-percussion) hit record highs at 851 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) shrank significantly to $14K in 2022. Over the period under review, exports showed a dramatic curtailment. The smallest decline of -5% was in 2021. The exports peaked at $29K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | N/A | N/A | N/A | 5.0 | 0% |
| United States | 8.2 | N/A | N/A | 4.8 | -16.3% |
| Peru | N/A | N/A | N/A | 0.2 | 0% |
| Canada | 19.4 | 10.8 | 13.8 | 0.1 | -82.7% |
| Germany | 1.5 | 11.3 | N/A | N/A | 653.3% |
| Tanzania | N/A | N/A | 3.9 | N/A | 0% |
| Others | 0.2 | 0.8 | 4.0 | 4.0 | 171.4% |
| Total | 29.4 | 22.9 | 21.7 | 14.1 | -21.7% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) from Pakistan in 2022:
- Bosnia and Herzegovina (239.0 units)
- United States (181.0 units)
- Peru (20.0 units)
- Canada (3.0 units)
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