Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Brazil - 2024
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Brazil (CIF) - 2024
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Brazil (FOB) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Brazil
- Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Brazil
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Brazil (CIF) - 2024
In February 2024, the average import price for tools; for working in the hand, pneumatic, other than rotary type amounted to $68.1 per unit, picking up by 176% against the previous month. In general, the import price saw a notable expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($74.6 per unit), while the price for China totaled $31.2 per unit.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by China (+0.4%).
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Brazil (FOB) - 2022
The average export price for tools; for working in the hand, pneumatic, other than rotary type stood at $166 per unit in 2022, with an increase of 4% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 22% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Angola ($745 per unit), while the average price for exports to France ($24 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 Uruguay (+25.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Brazil
In 2022, purchases abroad of tools; for working in the hand, pneumatic, other than rotary type increased by 24% to 42K units for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +5.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type surged to $9.1M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +13.6% 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 +55.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 34% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Brazil (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2,927 | 2,935 | 4,417 | 5,359 | 22.3% |
Taiwan (Chinese) | 1,002 | 793 | 1,169 | 1,042 | 1.3% |
United States | 516 | 271 | 472 | 564 | 3.0% |
Germany | 361 | 238 | 351 | 382 | 1.9% |
United Kingdom | 296 | 321 | 210 | 259 | -4.4% |
Japan | 179 | 135 | 165 | 133 | -9.4% |
Hong Kong SAR | 1.3 | 21.3 | 2.4 | 57.6 | 253.9% |
Others | 899 | 1,115 | 1,032 | 1,269 | 12.2% |
Total | 6,182 | 5,830 | 7,818 | 9,066 | 13.6% |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to Brazil in 2022:
- Taiwan (Chinese) (21.4K units)
- China (13.9K units)
- United States (1.4K units)
- United Kingdom (1.1K units)
- Germany (1.0K units)
- Hong Kong SAR (0.7K units)
- Japan (0.5K units)
Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Brazil
In 2022, overseas shipments of tools; for working in the hand, pneumatic, other than rotary type decreased by -8.8% to 1.9K units, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a drastic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 37%. As a result, the exports reached the peak of 3.6K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of tools; for working in the hand, pneumatic, other than rotary type shrank to $310K in 2022. Overall, exports showed a perceptible curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 38% against the previous year. As a result, the exports attained the peak of $480K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Brazil (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 8.5 | 20.9 | 23.3 | 70.6 | 102.5% |
Paraguay | 78.9 | 54.0 | 77.0 | 67.2 | -5.2% |
Uruguay | 7.3 | 9.7 | 3.2 | 52.4 | 92.9% |
United Kingdom | 9.3 | 18.8 | N/A | 32.6 | 51.9% |
Argentina | 22.9 | 87.5 | 8.0 | 27.9 | 6.8% |
Angola | 1.5 | 77.2 | 151 | 13.4 | 107.5% |
United States | 74.0 | 137 | 20.0 | 2.6 | -67.2% |
Costa Rica | 2.1 | 1.3 | N/A | 2.4 | 4.6% |
Bolivia | 5.9 | 13.5 | 3.9 | 0.1 | -74.3% |
Guyana | N/A | 7.1 | 0.3 | N/A | -95.8% |
Others | 137 | 53.3 | 40.6 | 40.9 | -33.2% |
Total | 348 | 480 | 327 | 310 | -3.8% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from Brazil in 2022:
- Paraguay (644.0 units)
- Belgium (353.0 units)
- United Kingdom (327.0 units)
- Argentina (213.0 units)
- Uruguay (93.0 units)
- Costa Rica (51.0 units)
- United States (18.0 units)
- Angola (18.0 units)
- Bolivia (3.0 units)
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