Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in the United Arab Emirates - 2022

Contents:

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

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

The average import price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) stood at $81 per unit in 2022, which is down by -4.6% against the previous year. Overall, the import price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2013 an increase of 39% against the previous year. The import price peaked at $455 per unit in 2014; however, from 2015 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 ($275 per unit), while the price for China ($23 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-4.2%), 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 the United Arab Emirates (FOB) - 2022

The average export price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) stood at $147 per unit in 2022, declining by -42% against the previous year. In general, the export price recorded a abrupt descent. The pace of growth appeared the most rapid in 2018 an increase of 41%. The export price peaked at $1,398 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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 Angola ($385 per unit), while the average price for exports to India ($81 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 Bahrain (+44.2%), while the prices for the other major destinations experienced a decline.

Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in the United Arab Emirates

After three years of growth, supplies from abroad of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) decreased by -14.5% to 114K units in 2022. Overall, imports, however, posted a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 189% against the previous year. As a result, imports attained the peak of 134K units, and then reduced in the following year.

In value terms, imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) shrank notably to $9.2M in 2022. Over the period under review, imports, however, recorded a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 83%. As a result, imports reached the peak of $11M, and then contracted remarkably in the following year.

Import of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium7014666101,80937.2%
China3804141,2771,53459.2%
Taiwan (Chinese)6888429591,46928.8%
India9655368989830.6%
United States23040151665141.5%
Japan596698633561-2.0%
Singapore11.69511,977396224.4%
Netherlands822785317210-36.5%
Saudi ArabiaN/A36.63,002N/A8102.2%
Others1,6501,0551,1461,633-0.3%
Total6,0446,18511,3359,24515.2%

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

  1. China (67.3K units)
  2. India (17.8K units)
  3. Taiwan (Chinese) (7.1K units)
  4. Belgium (6.6K units)
  5. United States (3.2K units)
  6. Japan (3.2K units)
  7. Singapore (1.9K units)
  8. Netherlands (0.8K units)

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

In 2022, shipments abroad of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) decreased by -29.5% to 2.6K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, posted prominent growth. The most prominent rate of growth was recorded in 2020 when exports increased by 80% against the previous year. Over the period under review, the exports of tools; for working in hand, pneumatic, rotary type (including combined rotary-percussion) reached the maximum at 3.7K units in 2021, and then reduced dramatically in the following year.

In value terms, exports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) fell remarkably to $379K in 2022. In general, exports saw a dramatic curtailment. The growth pace was the most rapid in 2020 with an increase of 18%. As a result, the exports reached the peak of $1.1M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Oman15612230620810.1%
India38253127589.1-38.4%
Angola5.56.812.528.172.2%
SpainN/AN/A9.810.810.2%
Iran36.1256212N/A142.3%
Bahrain1671.1N/AN/A-99.3%
Others16115611343.1-35.6%
Total9071,072928379-25.2%

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

  1. Oman (1189.0 units)
  2. India (1096.0 units)
  3. Angola (73.0 units)
  4. Spain (62.0 units)

Source: IndexBox Market Intelligence Platform

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