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

Contents:

  1. Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Croatia (CIF) - 2023
  2. Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Croatia (FOB) - 2022
  3. Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Croatia
  4. Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Croatia

Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Croatia (CIF) - 2023

The average import price for tools; for working in the hand, pneumatic, other than rotary type stood at $272 per unit in November 2023, increasing by 31% against the previous month. In general, the import price continues to indicate a mild increase. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 133% m-o-m. The import price peaked in November 2023.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($935 per unit), while the price for Denmark ($77.0 per unit) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Greece (+17.8%), 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 Croatia (FOB) - 2022

The average export price for tools; for working in the hand, pneumatic, other than rotary type stood at $220 per unit in 2022, picking up by 19% against the previous year. Over the period under review, the export price, however, recorded a slight descent. The pace of growth was the most pronounced in 2021 an increase of 93%. The export price peaked at $248 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($582 per unit), while the average price for exports to Austria ($92 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 Italy (+6.5%), 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 Croatia

In 2022, after three years of growth, there was significant decline in purchases abroad of tools; for working in the hand, pneumatic, other than rotary type, when their volume decreased by -5.8% to 6.7K units. In general, imports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 27%. As a result, imports reached the peak of 7.1K units, and then dropped in the following year.

In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type shrank significantly to $978K in 2022. The total import value increased at an average annual rate of +2.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 29% against the previous year. As a result, imports reached the peak of $1.2M, and then declined rapidly in the following year.

Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Croatia (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Germany3664973943.8%
Slovenia76.166.610517.5%
Netherlands37.842.510264.3%
Italy10614396.7-4.5%
Poland74.982.053.4-15.6%
Austria10111951.8-28.4%
Bosnia and HerzegovinaN/A0.642.56983.3%
France21.240.141.239.4%
Spain23.314.612.3-27.3%
China9.514.110.65.6%
Denmark13.561.25.8-34.5%
Others75.287.462.8-8.6%
Total9041,1689784.0%

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

  1. Germany (2763.0 units)
  2. Poland (960.0 units)
  3. Slovenia (683.0 units)
  4. Netherlands (488.0 units)
  5. Italy (324.0 units)
  6. Austria (316.0 units)
  7. Bosnia and Herzegovina (258.0 units)
  8. France (200.0 units)
  9. Spain (166.0 units)
  10. China (133.0 units)
  11. Denmark (29.0 units)

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

Exports of tools; for working in the hand, pneumatic, other than rotary type from Croatia surged to 992 units in 2022, rising by 62% against the year before. In general, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +12.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 $218K in 2022. Overall, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/AN/AN/A55.80%
Bosnia and Herzegovina45.834.144.052.94.9%
Slovenia28.023.927.549.821.2%
Italy10.814.321.421.024.8%
HungaryN/A3.40.918.8135.1%
Serbia6.36.16.98.811.8%
RomaniaN/A1.17.7N/A600.0%
UkraineN/A2.3N/AN/A0%
Others28.77.44.910.8-27.8%
Total12092.711321822.0%

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

  1. Slovenia (423.0 units)
  2. Bosnia and Herzegovina (147.0 units)
  3. Hungary (128.0 units)
  4. Turkey (96.0 units)
  5. Italy (91.0 units)
  6. Serbia (31.0 units)

Source: IndexBox Market Intelligence Platform

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