Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Turkey - 2022
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Turkey (CIF) - 2022
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Turkey (FOB) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Turkey
- Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Turkey
Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Turkey (CIF) - 2022
The average import price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) stood at $123 per unit in 2022, remaining relatively unchanged against the previous year. Over the period under review, the import price saw a drastic downturn. The growth pace was the most rapid in 2015 an increase of 7.4% against the previous year. As a result, import price reached the peak level of $242 per unit. From 2016 to 2022, the average 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 China ($1,024 per unit), while the price for Belarus ($22 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+29.0%), 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 Turkey (FOB) - 2022
In 2022, the average export price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) amounted to $220 per unit, declining by -4% against the previous year. Overall, the export price showed a pronounced contraction. The most prominent rate of growth was recorded in 2021 when the average export price increased by 8.9%. The export price peaked at $292 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Azerbaijan ($304 per unit), while the average price for exports to Canada ($37 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 Angola (+4.0%), 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 Turkey
After three years of growth, supplies from abroad of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) decreased by -1.1% to 85K units in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +21.6% 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 +79.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year. As a result, imports attained the peak of 86K units, and then fell slightly in the following year.
In value terms, imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) dropped modestly to $11M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +12.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. As a result, imports reached the peak of $11M, and then reduced in the following year.
| Import of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 2,473 | 2,355 | 3,080 | 2,370 | -1.4% |
| China | 930 | 2,069 | 2,930 | 2,088 | 30.9% |
| Belgium | 3.3 | 1.7 | 1.0 | 1,179 | 609.6% |
| Sweden | 480 | 440 | 465 | 536 | 3.7% |
| Hungary | 618 | 375 | 723 | 464 | -9.1% |
| Germany | 317 | 201 | 419 | 434 | 11.0% |
| Japan | 327 | 392 | 346 | 361 | 3.4% |
| Italy | 557 | 375 | 583 | 197 | -29.3% |
| Finland | 68.2 | 116 | 87.4 | 137 | 26.2% |
| Malta | 27.3 | 110 | 127 | 119 | 63.4% |
| Luxembourg | 127 | 86.8 | 5.9 | 108 | -5.3% |
| Belarus | 5.9 | 52.1 | 94.9 | 74.7 | 133.1% |
| Others | 1,506 | 1,211 | 1,773 | 2,437 | 17.4% |
| Total | 7,440 | 7,783 | 10,637 | 10,504 | 12.2% |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) to Turkey in 2022:
- Taiwan (Chinese) (30.1K units)
- Belgium (15.0K units)
- Sweden (6.8K units)
- Hungary (5.9K units)
- Germany (5.5K units)
- Japan (4.6K units)
- Belarus (3.4K units)
- Italy (2.5K units)
- China (2.0K units)
- Finland (1.7K units)
- Malta (1.5K units)
- Luxembourg (1.4K units)
Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Turkey
In 2022, exports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) from Turkey surged to 6.3K units, jumping by 25% against the previous year's figure. In general, exports recorded a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 70%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) soared to $1.4M in 2022. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 52%. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | 54.2 | 73.6 | 80.2 | 87.3 | 17.2% |
| Italy | 5.1 | 67.7 | 83.5 | 75.5 | 145.5% |
| Colombia | 88.0 | 0.9 | 23.4 | 63.3 | -10.4% |
| Azerbaijan | 20.8 | 59.1 | 134 | 61.5 | 43.5% |
| Bosnia and Herzegovina | 5.0 | 36.5 | 7.6 | 55.6 | 123.2% |
| Iran | 6.7 | 40.3 | 88.1 | 52.7 | 98.9% |
| Germany | 5.1 | 8.5 | 23.4 | 44.9 | 106.5% |
| Angola | 1.9 | 1.4 | 0.4 | 41.9 | 180.4% |
| United States | 7.7 | 71.3 | 13.1 | 41.5 | 75.3% |
| Uzbekistan | 4.3 | 4.5 | 20.1 | 41.3 | 112.6% |
| Morocco | 2.6 | 0.9 | 7.5 | 35.5 | 139.0% |
| United Kingdom | 6.1 | 1.2 | 0.8 | 30.1 | 70.2% |
| Canada | 6.1 | 1.6 | 2.5 | 11.8 | 24.6% |
| Others | 335 | 466 | 682 | 753 | 31.0% |
| Total | 549 | 834 | 1,167 | 1,395 | 36.5% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) from Turkey in 2022:
- United States (596.0 units)
- Free Zones (376.0 units)
- Italy (325.0 units)
- Canada (318.0 units)
- Colombia (295.0 units)
- Bosnia and Herzegovina (240.0 units)
- Iran (227.0 units)
- Azerbaijan (202.0 units)
- Germany (194.0 units)
- Angola (181.0 units)
- Uzbekistan (178.0 units)
- Morocco (153.0 units)
- United Kingdom (130.0 units)
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