Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Sweden - 2023
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Sweden (FOB) - 2023
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Sweden (CIF) - 2023
- Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Sweden
- Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Sweden
Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Sweden (FOB) - 2023
The average export price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) stood at $663 per unit in December 2023, stabilizing at the previous month. Overall, the export price showed a slight slump. The most prominent rate of growth was recorded in August 2023 when the average export price increased by 49% against the previous month. As a result, the export price attained the peak level of $789 per unit. From September 2023 to December 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($4,398 per unit), while the average price for exports to Norway ($306 per unit) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+21.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Sweden (CIF) - 2023
The average import price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) stood at $219 per unit in December 2023, rising by 13% against the previous month. In general, the import price, however, recorded a mild decline. The growth pace was the most rapid in April 2023 when the average import price increased by 30% against the previous month. As a result, import price attained the peak level of $258 per unit. From May 2023 to December 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Japan ($194 per unit), while the price for China ($53.0 per unit) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Finland (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Sweden
Exports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) from Sweden amounted to 38K units in 2022, approximately equating the year before. In general, exports, however, showed a sharp slump. The pace of growth appeared the most rapid in 2021 when exports increased by 5.8% against the previous year. The exports peaked at 76K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) rose sharply to $22M in 2022. Over the period under review, exports, however, recorded a mild slump. The pace of growth was the most pronounced in 2021 with an increase of 37%. Over the period under review, the exports of tools; for working in hand, pneumatic, rotary type (including combined rotary-percussion) attained the peak figure at $24M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 20.6 | 10.4 | 15.2 | 14.1 | -11.9% |
| Germany | N/A | 0.5 | 0.6 | 1.8 | 89.7% |
| Norway | 1.1 | 1.4 | 1.4 | 1.3 | 5.7% |
| United Kingdom | N/A | 0.1 | 0.2 | 0.8 | 182.8% |
| Finland | 0.5 | 0.5 | 0.6 | 0.7 | 11.9% |
| Denmark | 0.2 | 0.3 | 0.4 | 0.5 | 35.7% |
| France | 0.3 | 0.3 | 0.3 | 0.4 | 10.1% |
| Poland | 0.1 | 0.1 | 0.2 | 0.3 | 44.2% |
| Others | 0.9 | 1.3 | 1.4 | 2.6 | 42.4% |
| Total | 23.6 | 14.8 | 20.3 | 22.5 | -1.6% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) from Sweden in 2022:
- Belgium (12.8K units)
- Norway (5.3K units)
- Finland (4.4K units)
- Poland (4.1K units)
- Denmark (2.9K units)
- United Kingdom (2.4K units)
- France (1.2K units)
- Germany (1.2K units)
Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Sweden
In 2022, supplies from abroad of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) decreased by -7.2% to 71K units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, continue to indicate a strong increase. The pace of growth appeared the most rapid in 2021 when imports increased by 28% against the previous year. As a result, imports attained the peak of 76K units, and then shrank in the following year.
In value terms, imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) stood at $13M in 2022. The total import value increased at an average annual rate of +6.4% 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 imports increased by 25%. Over the period under review, imports of tools; for working in hand, pneumatic, rotary type (including combined rotary-percussion) reached the maximum in 2022 and are likely to continue growth in years to come.
| Import of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Belgium | 2.8 | 3.1 | 2.9 | 1.8% | |
| Taiwan (Chinese) | 1.8 | 2.2 | 2.0 | 5.4% | |
| Germany | 1.3 | 1.7 | 1.9 | 20.9% | |
| China | 1.2 | 1.6 | 1.7 | 19.0% | |
| Finland | 0.6 | 1.1 | 1.0 | 29.1% | |
| France | 0.7 | 0.7 | 0.9 | 13.4% | |
| Netherlands | 0.3 | 0.5 | 0.6 | 41.4% | |
| Italy | 0.1 | 0.1 | 0.5 | 123.6% | |
| Others | 1.1 | 1.4 | 1.5 | 16.8% | |
| Total | 9.8 | 12.3 | 12.8 | 14.3% | |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) to Sweden in 2022:
- China (29.3K units)
- Taiwan (Chinese) (12.3K units)
- Germany (6.4K units)
- Finland (5.5K units)
- Belgium (3.4K units)
- France (2.6K units)
- Italy (2.5K units)
- Netherlands (2.3K units)
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