Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Finland - 2023
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Finland (CIF) - 2022
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Finland (FOB) - 2023
- Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Finland
- Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Finland
Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Finland (CIF) - 2022
The average import price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) stood at $186 per unit in 2022, remaining stable against the previous year. Over the last two years, it increased at an average annual rate of +2.0%. The growth pace was the most rapid in 2021 an increase of 4.4%. As a result, import price attained the peak level of $186 per unit, leveling off in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($310 per unit), while the price for China ($55 per unit) was amongst the lowest.
From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+32.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Finland (FOB) - 2023
The average export price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) stood at $357 per unit in December 2023, picking up by 9.6% against the previous month. Over the period from December 2022 to December 2023, it increased at an average monthly rate of +3.0%. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 34% against the previous month. As a result, the export price attained the peak level of $416 per unit. From May 2023 to December 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In December 2023, the country with the highest price was the United States ($1,601 per unit), while the average price for exports to Turkey ($297 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 Singapore (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Finland
In 2022, purchases abroad of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) decreased by -0.2% to 38K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, enjoyed noticeable growth. The most prominent rate of growth was recorded in 2021 with an increase of 10%. As a result, imports attained the peak of 38K units, leveling off in the following year.
In value terms, imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) dropped modestly to $7.1M in 2022. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 15% against the previous year. Imports peaked at $7.2M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Germany | 1,079 | 745 | 921 | -7.6% | |
| Sweden | 551 | 686 | 897 | 27.6% | |
| Taiwan (Chinese) | 713 | 766 | 771 | 4.0% | |
| Austria | 366 | 829 | 689 | 37.2% | |
| Netherlands | 235 | 345 | 658 | 67.3% | |
| China | 476 | 991 | 545 | 7.0% | |
| Ireland | 243 | 418 | 314 | 13.7% | |
| Others | 2,548 | 2,354 | 2,297 | -5.1% | |
| Total | 6,210 | 7,133 | 7,093 | 6.9% | |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) to Finland in 2022:
- China (9.8K units)
- Sweden (7.3K units)
- Taiwan (Chinese) (4.8K units)
- Netherlands (4.6K units)
- Germany (3.3K units)
- Austria (2.2K units)
- Ireland (1.4K units)
Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Finland
In 2022, overseas shipments of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) increased by 62% to 10K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +15.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) soared to $2.7M in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +18.2% 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 +65.1% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 4.4 | 16.7 | 141 | 588 | 411.3% |
| Sweden | 33.8 | 53.3 | 222 | 276 | 101.4% |
| Estonia | 151 | 132 | 148 | 229 | 14.9% |
| India | 114 | 146 | 131 | 209 | 22.4% |
| Turkey | 70.8 | 121 | 95.9 | 196 | 40.4% |
| United Arab Emirates | 139 | 68.3 | 78.6 | 122 | -4.3% |
| Netherlands | N/A | 10.1 | 14.2 | 82.8 | 186.3% |
| Switzerland | 58.9 | 72.4 | 34.7 | 81.3 | 11.3% |
| Lithuania | 35.2 | 34.2 | 69.8 | 80.0 | 31.5% |
| Mexico | 82.8 | 48.8 | 90.0 | 70.6 | -5.2% |
| Brazil | 61.7 | 29.6 | 58.2 | 60.3 | -0.8% |
| Russia | 322 | 279 | 324 | 60.1 | -42.9% |
| Germany | 9.6 | 14.4 | 16.7 | 51.5 | 75.1% |
| Others | 532 | 651 | 621 | 558 | 1.6% |
| Total | 1,614 | 1,677 | 2,045 | 2,664 | 18.2% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) from Finland in 2022:
- France (2550.0 units)
- Estonia (1218.0 units)
- Sweden (1171.0 units)
- Turkey (887.0 units)
- India (792.0 units)
- Netherlands (471.0 units)
- Brazil (427.0 units)
- Mexico (341.0 units)
- United Arab Emirates (322.0 units)
- Switzerland (264.0 units)
- Lithuania (251.0 units)
- Germany (172.0 units)
- Russia (166.0 units)
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