Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Spain - 2023

Contents:

  1. Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Spain (CIF) - 2022
  2. Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Spain (FOB) - 2022
  3. Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Spain
  4. Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Spain

Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Spain (CIF) - 2022

In 2022, the average import price for tools; for working in the hand, pneumatic, other than rotary type amounted to $111 per unit, reducing by -5.2% against the previous year. In general, the import price recorded a noticeable downturn. The pace of growth was the most pronounced in 2015 an increase of 29%. As a result, import price attained the peak level of $211 per unit. From 2016 to 2022, the average import prices remained at a lower figure.

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 the United States ($634 per unit), while the price for China ($44 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 (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Spain (FOB) - 2022

The average export price for tools; for working in the hand, pneumatic, other than rotary type stood at $134 per unit in 2022, dropping by -19.7% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 23% against the previous year. As a result, the export price attained the peak level of $166 per unit, and then shrank dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($389 per unit), while the average price for exports to Norway ($42 per unit) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+52.3%), 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 Spain

Imports of tools; for working in the hand, pneumatic, other than rotary type into Spain contracted notably to 120K units in 2022, reducing by -15.9% compared with 2021 figures. Over the period under review, imports recorded a deep slump. The growth pace was the most rapid in 2021 with an increase of 35%. Over the period under review, imports of tools; for working in hand, pneumatic, other than rotary type reached the peak figure at 162K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type contracted rapidly to $13M in 2022. Overall, imports saw a abrupt downturn. The pace of growth was the most pronounced in 2021 when imports increased by 42% against the previous year. Over the period under review, imports of tools; for working in hand, pneumatic, other than rotary type reached the maximum at $18M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)3.71.82.33.2-4.7%
China5.43.95.62.3-24.8%
Germany1.91.71.81.8-1.8%
Italy1.10.81.21.10.0%
Belgium0.10.70.90.9108.0%
France1.30.60.70.8-14.9%
Netherlands0.10.50.80.681.7%
PortugalN/AN/AN/A0.40%
Japan2.70.51.50.2-58.0%
Others1.71.31.71.81.9%
Total18.111.716.713.3-9.8%

Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to Spain in 2022:

  1. China (51.9K units)
  2. Taiwan (Chinese) (21.8K units)
  3. France (11.8K units)
  4. Italy (7.3K units)
  5. Germany (5.8K units)
  6. Portugal (4.9K units)
  7. Belgium (4.1K units)
  8. Netherlands (3.1K units)
  9. Japan (0.7K units)

Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Spain

In 2022, the amount of tools; for working in the hand, pneumatic, other than rotary type exported from Spain soared to 59K units, with an increase of 53% on 2021 figures. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of tools; for working in the hand, pneumatic, other than rotary type soared to $7.9M in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +77.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 25% against the previous year. Over the period under review, the exports of tools; for working in hand, pneumatic, other than rotary type hit record highs in 2022 and are expected to retain growth in years to come.

Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Spain (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Morocco59868899829.2%
Norway11261.3923187.1%
Portugal60588484918.5%
United Kingdom156617838131.8%
France938782673-15.3%
United States42955158216.5%
Czech Republic41.938.2479238.1%
Colombia13637040372.1%
Italy2783233075.1%
Bulgaria83.210121661.1%
Germany330370177-26.8%
Romania1241951406.3%
Cuba35721770.4-55.6%
Others1,3861,2661,264-4.5%
Total5,5746,4627,91919.2%

Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from Spain in 2022:

  1. Norway (22.0K units)
  2. Morocco (6.9K units)
  3. Portugal (4.6K units)
  4. France (3.8K units)
  5. Italy (3.6K units)
  6. United Kingdom (2.6K units)
  7. Czech Republic (1.9K units)
  8. United States (1.5K units)
  9. Romania (1.5K units)
  10. Bulgaria (1.3K units)
  11. Colombia (1.1K units)
  12. Germany (0.9K units)
  13. Cuba (0.6K units)

Source: IndexBox Market Intelligence Platform

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