Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Italy - 2023
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Italy (FOB) - 2022
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Italy (CIF) - 2022
- Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Italy
- Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Italy
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Italy (FOB) - 2022
The average export price for tools; for working in the hand, pneumatic, other than rotary type stood at $226 per unit in 2022, rising by 2.8% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 15% against the previous year. Over the period under review, the average export prices reached the maximum at $266 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat 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 the United States ($592 per unit), while the average price for exports to China ($60 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 the United States (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Italy (CIF) - 2022
In 2022, the average import price for tools; for working in the hand, pneumatic, other than rotary type amounted to $190 per unit, rising by 15% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average import price increased by 29%. As a result, import price attained the peak level of $211 per unit. From 2016 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($897 per unit), while the price for China ($77 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+17.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Italy
In 2022, exports of tools; for working in the hand, pneumatic, other than rotary type from Italy reduced to 144K units, with a decrease of -10.5% on the previous year's figure. The total export volume increased at an average annual rate of +1.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 39%. As a result, the exports reached the peak of 161K units, and then dropped in the following year.
In value terms, exports of tools; for working in the hand, pneumatic, other than rotary type shrank to $33M in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 36%. As a result, the exports reached the peak of $35M, and then declined in the following year.
| Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.1 | 5.7 | 8.3 | 7.5 | 7.1% |
| France | 6.7 | 4.0 | 5.6 | 5.4 | -6.9% |
| Denmark | 0.7 | 0.7 | 1.1 | 1.9 | 39.5% |
| China | 1.9 | 1.6 | 2.1 | 1.9 | 0.0% |
| Germany | 1.7 | 1.6 | 1.9 | 1.6 | -2.0% |
| Spain | 1.9 | 1.4 | 1.8 | 1.5 | -7.6% |
| United Kingdom | 1.1 | 0.7 | 1.3 | 1.4 | 8.4% |
| Netherlands | 1.3 | 0.9 | 1.1 | 1.2 | -2.6% |
| Poland | 1.6 | 0.9 | 1.0 | 0.7 | -24.1% |
| Turkey | 0.2 | 0.3 | 0.4 | 0.3 | 14.5% |
| Morocco | 0.2 | 0.1 | 0.3 | 0.3 | 14.5% |
| South Korea | 0.4 | 0.3 | 0.4 | 0.3 | -9.1% |
| Malta | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Others | 9.0 | 7.9 | 10.3 | 8.4 | -2.3% |
| Total | 32.6 | 26.0 | 35.5 | 32.6 | 0.0% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from Italy in 2022:
- China (31.9K units)
- France (16.2K units)
- Germany (15.9K units)
- United States (12.7K units)
- United Kingdom (9.0K units)
- Spain (7.0K units)
- Denmark (6.8K units)
- Morocco (4.1K units)
- Malta (2.6K units)
- South Korea (2.5K units)
- Turkey (2.3K units)
- Poland (2.3K units)
- Netherlands (2.2K units)
Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Italy
Imports of tools; for working in the hand, pneumatic, other than rotary type into Italy shrank to 71K units in 2022, waning by -6% compared with 2021 figures. Overall, imports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 21% against the previous year. Imports peaked at 102K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type expanded notably to $14M in 2022. The total import value increased at an average annual rate of +4.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 35% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 3.2 | 2.5 | 3.5 | 4.1 | 8.6% |
| Germany | 2.2 | 1.9 | 1.8 | 2.4 | 2.9% |
| China | 1.5 | 1.1 | 1.9 | 1.6 | 2.2% |
| United States | 0.7 | 0.7 | 1.0 | 1.2 | 19.7% |
| Belgium | 0.8 | 0.7 | 0.8 | 1.1 | 11.2% |
| Netherlands | 0.6 | 0.6 | 1.3 | 0.9 | 14.5% |
| France | 0.3 | 0.3 | 0.5 | 0.6 | 26.0% |
| Austria | 0.9 | 0.4 | 0.5 | 0.5 | -17.8% |
| United Kingdom | 0.2 | 0.2 | 0.3 | 0.2 | 0.0% |
| Spain | 0.4 | 0.2 | 0.2 | 0.2 | -20.6% |
| Poland | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
| Others | 1.1 | 0.6 | 0.4 | 0.6 | -18.3% |
| Total | 12.0 | 9.3 | 12.5 | 13.5 | 4.0% |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to Italy in 2022:
- China (20.2K units)
- Taiwan (Chinese) (15.5K units)
- Germany (12.2K units)
- Netherlands (7.6K units)
- Belgium (4.7K units)
- France (2.6K units)
- Spain (1.5K units)
- United States (1.3K units)
- United Kingdom (1.3K units)
- Austria (1.3K units)
- Poland (0.7K units)
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