Price for Tools, Hand; Other than Household Tools in Saudi Arabia - 2022
Contents:
- Price for Tools, Hand; Other than Household Tools in Saudi Arabia (FOB) - 2022
- Price for Tools, Hand; Other than Household Tools in Saudi Arabia (CIF) - 2022
- Exports of Tools, Hand; Other than Household Tools in Saudi Arabia
- Imports of Tools, Hand; Other than Household Tools in Saudi Arabia
Price for Tools, Hand; Other than Household Tools in Saudi Arabia (FOB) - 2022
The average export price for tools, hand; other than household toolses stood at $10,983 per ton in 2021, waning by -5.3% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 139%. As a result, the export price reached the peak level of $22,451 per ton. From 2020 to 2021, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($53,971 per ton), while the average price for exports to Somalia ($107 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+72.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tools, Hand; Other than Household Tools in Saudi Arabia (CIF) - 2022
The average import price for tools, hand; other than household toolses stood at $7,138 per ton in 2021, rising by 36% against the previous year. In general, the import price recorded a mild increase. The pace of growth was the most pronounced in 2018 when the average import price increased by 45%. As a result, import price attained the peak level of $8,758 per ton. From 2019 to 2021, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($37,229 per ton), while the price for China ($3,887 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tools, Hand; Other than Household Tools in Saudi Arabia
In 2022, after three years of growth, there was significant decline in overseas shipments of tools, hand; other than household toolses, when their volume decreased by -51.7% to 27 tons. Overall, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 655%.
In value terms, exports of tools, hand; other than household toolses skyrocketed to $808K in 2022. Over the period under review, exports, however, posted significant growth. The growth pace was the most rapid in 2020 with an increase of 290% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
Export of Tools, Hand; Other than Household Tools in Saudi Arabia (Thousand USD) | ||||
---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
Germany | N/A | 48.4 | 226 | 366.9% |
Bahrain | N/A | 100 | 121 | 21.0% |
United Arab Emirates | N/A | 73.1 | 53.9 | -26.3% |
France | N/A | 6.5 | 49.0 | 653.8% |
Sudan | N/A | 9.1 | 33.0 | 262.6% |
India | N/A | 16.7 | 25.4 | 52.1% |
Egypt | 108 | 11.6 | 20.2 | -56.8% |
Somalia | N/A | 56.9 | 0.5 | -99.1% |
Djibouti | N/A | 6.0 | N/A | 0% |
Others | N/A | 90.9 | 76.5 | -15.8% |
Total | 108 | 420 | 606 | 136.9% |
Top Export Markets for Tools, Hand; Other than Household Tools from Saudi Arabia in 2022:
- India (19.0 tons)
- Sudan (7.7 tons)
- Somalia (5.0 tons)
- Germany (4.2 tons)
- United Arab Emirates (3.5 tons)
- Bahrain (2.7 tons)
- France (2.6 tons)
- Egypt (1.2 tons)
Imports of Tools, Hand; Other than Household Tools in Saudi Arabia
Imports of tools, hand; other than household toolses into Saudi Arabia rose markedly to 1.9K tons in 2021, surging by 11% against the previous year's figure. In general, imports, however, showed a perceptible setback.
In value terms, imports of tools, hand; other than household toolses surged to $14M in 2021. Over the period under review, imports, however, showed a deep downturn.
Import of Tools, Hand; Other than Household Tools in Saudi Arabia (Million USD) | ||||
---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
China | 6.1 | 1.8 | 4.0 | -19.0% |
United States | 4.2 | 1.7 | 2.1 | -29.3% |
Germany | 1.1 | 1.9 | 1.7 | 24.3% |
Taiwan (Chinese) | 1.0 | 0.7 | 1.4 | 18.3% |
Italy | 0.6 | 0.8 | 0.9 | 22.5% |
India | 0.5 | N/A | N/A | 0% |
United Arab Emirates | N/A | 0.5 | N/A | 0% |
Others | 3.0 | 1.6 | 3.6 | 9.5% |
Total | 16.4 | 9.0 | 13.6 | -8.9% |
Top Suppliers of Tools, Hand; Other than Household Tools to Saudi Arabia in 2022:
- China (1020.1 tons)
- Germany (180.2 tons)
- Taiwan (Chinese) (149.1 tons)
- Italy (93.5 tons)
- United States (56.6 tons)
This report provides an in-depth analysis of the blow lamp market in Saudi Arabia.
This report provides an in-depth analysis of the market for hand-operated drilling, threading or tapping tool in Saudi Arabia.
This report provides an in-depth analysis of the metal hammer market in Saudi Arabia.
This report provides an in-depth analysis of the household hand tools market in Saudi Arabia.
This report provides an in-depth analysis of the gouges and chisels market in Saudi Arabia.
This report provides an in-depth analysis of the screwdriver market in Saudi Arabia.
This report provides an in-depth analysis of the vices and clamps market in Saudi Arabia.
This report provides an in-depth analysis of the market for tools, hand; sets, of articles of two or more of the foregoing items in Saudi Arabia.
This report provides an in-depth analysis of the hand tools market in Saudi Arabia.
This report provides an in-depth analysis of the market for stamp and photo collection album in Saudi Arabia.
The global screwdriver market is expected to see continuous growth over the next seven years, with an anticipated increase in both volume and value. By 2030, the market volume is projected to reach 199K tons, while the market value is expected to hit $2B.
Explore the top 10 countries with the highest import value for hand tools. Learn about the market statistics, key players, and trends in the industry. Find out how the IndexBox market intelligence platform can help you stay ahead in this competitive market.
Hand tool manufacture is gradually seeing a recovery, following the decline in 2020. The market is forecast to accelerate, due to the increased need for DIY and repair work and construction growth in terms of private homes.
In 2016, the global hand tools market amounted to $X in wholesale prices. This figure reflects the total revenue of producers and importers.
In value terms, hand-operated mechanical appliances imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicate...
In value terms, hand tools, two and more of heading imports amounted to $X in 2016. Overall, hand tools, two and more of heading imports continue to indicate a relatively flat trend pattern. Over t...
In value terms, files, rasps, pliers imports amounted to $X in 2016. Overall, files, rasps, pliers imports continue to indicate a relatively flat trend pattern. Global files, rasps, pliers import p...
In value terms, hand-operated mechanical appliances exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated s...
In value terms, hand tools, two and more of heading exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated som...
In value terms, files, rasps, pliers exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable f...