Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Vietnam - 2022
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Vietnam (CIF) - 2022
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Vietnam (FOB) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Vietnam
- Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Vietnam
Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Vietnam (CIF) - 2022
In 2022, the average import price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) amounted to $86 per unit, with an increase of 25% against the previous year. Overall, the import price, however, saw a pronounced curtailment. Over the period under review, average import prices attained the maximum at $127 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
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 Japan ($583 per unit), while the price for Taiwan (Chinese) ($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 (+5.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Vietnam (FOB) - 2022
In 2022, the average export price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) amounted to $123 per unit, with an increase of 47% against the previous year. Overall, the export price, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2019 an increase of 230%. The export price peaked at $387 per unit in 2012; however, from 2013 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 Ireland ($243 per unit), while the average price for exports to Colombia ($29 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 Colombia (+12.3%), 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 Vietnam
In 2022, approx. 95K units of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) were imported into Vietnam; which is down by -22.4% against the year before. In general, imports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 112% against the previous year. As a result, imports attained the peak of 122K units, and then fell rapidly 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 $8.1M in 2022. Over the period under review, imports, however, continue to indicate a strong expansion. The growth pace was the most rapid in 2021 with an increase of 92%. As a result, imports reached the peak of $8.4M, and then contracted in the following year.
| Import of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.8 | 1.2 | 3.3 | 3.0 | 18.6% |
| Japan | 1.3 | 1.2 | 1.5 | 1.6 | 7.2% |
| Taiwan (Chinese) | 0.9 | 0.6 | 1.7 | 1.4 | 15.9% |
| Others | 0.9 | 1.3 | 1.8 | 2.1 | 32.6% |
| Total | 4.8 | 4.4 | 8.4 | 8.1 | 19.1% |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) to Vietnam in 2022:
- Taiwan (Chinese) (67.1K units)
- China (21.9K units)
- Japan (2.8K units)
Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Vietnam
In 2022, after three years of growth, there was significant decline in shipments abroad of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion), when their volume decreased by -62.2% to 2.8K units. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 1,370%. As a result, the exports attained the peak of 7.5K units, and then reduced sharply in the following year.
In value terms, exports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) plummeted to $348K in 2022. In general, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 684% against the previous year. As a result, the exports reached the peak of $628K, and then declined markedly in the following year.
| Export of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 1.0 | 12.7 | 394 | 179 | 463.6% |
| United States | 0.6 | 36.5 | 93.0 | 55.0 | 350.9% |
| Ireland | N/A | N/A | N/A | 24.8 | 0% |
| Colombia | 0.1 | 0.9 | 29.6 | 19.7 | 481.9% |
| Germany | 0.3 | 0.8 | 6.5 | 19.6 | 302.8% |
| Lao People's Democratic Republic | 13.5 | 1.3 | 7.3 | 12.5 | -2.5% |
| Others | 20.9 | 28.0 | 97.5 | 36.9 | 20.9% |
| Total | 36.4 | 80.1 | 628 | 348 | 112.2% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) from Vietnam in 2022:
- Canada (1305.0 units)
- Colombia (689.0 units)
- United States (470.0 units)
- Ireland (102.0 units)
- Germany (81.0 units)
- Lao People's Democratic Republic (52.0 units)
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