Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Egypt - 2023
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Egypt (CIF) - 2022
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Egypt (FOB) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Egypt
- Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Egypt
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Egypt (CIF) - 2022
In 2022, the average import price for tools; for working in the hand, pneumatic, other than rotary type amounted to $68 per unit, jumping by 86% against the previous year. In general, the import price continues to indicate a resilient expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Taiwan (Chinese) ($78 per unit) and the UK ($74 per unit), while the price for Austria ($63 per unit) and the United States ($64 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+33.2%), 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 Egypt (FOB) - 2022
In 2022, the average export price for tools; for working in the hand, pneumatic, other than rotary type amounted to $2,404 per unit, falling by -18.5% against the previous year. Over the period under review, the export price, however, recorded strong growth. The pace of growth was the most pronounced in 2016 an increase of 1,379% against the previous year. The export price peaked at $2,951 per unit in 2021, and then reduced remarkably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($4,182 per unit), while the average price for exports to the United Arab Emirates ($4 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 Palestine (+42.3%), 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 Egypt
For the third consecutive year, Egypt recorded decline in purchases abroad of tools; for working in the hand, pneumatic, other than rotary type, which decreased by -54.7% to 24K units in 2022. In general, imports faced a precipitous descent. The smallest decline of -22.9% was in 2020. Over the period under review, imports of tools; for working in hand, pneumatic, other than rotary type reached the maximum at 142K 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 shrank rapidly to $1.7M in 2022. Over the period under review, imports showed a abrupt contraction. The smallest decline of -0.9% was in 2020. Over the period under review, imports of tools; for working in hand, pneumatic, other than rotary type reached the maximum at $2.5M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,399 | 937 | 651 | 689 | -21.0% |
| United Kingdom | 50.2 | 382 | 461 | 256 | 72.1% |
| Japan | 282 | 316 | 154 | 213 | -8.9% |
| Austria | 75.2 | 95.2 | 88.2 | 109 | 13.2% |
| Germany | 59.7 | 46.4 | 18.3 | 92.0 | 15.5% |
| Taiwan (Chinese) | 329 | 205 | 175 | 84.7 | -36.4% |
| United States | 109 | 161 | 13.2 | 73.0 | -12.5% |
| Italy | 39.1 | 141 | 43.1 | 23.4 | -15.7% |
| Spain | 86.6 | 8.6 | 3.2 | N/A | -80.8% |
| Others | 111 | 226 | 359 | 115 | 1.2% |
| Total | 2,540 | 2,518 | 1,967 | 1,655 | -13.3% |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to Egypt in 2022:
- China (10.7K units)
- United Kingdom (3.5K units)
- Japan (3.2K units)
- Austria (1.7K units)
- Germany (1.4K units)
- United States (1.1K units)
- Taiwan (Chinese) (1.1K units)
- Italy (0.4K units)
Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Egypt
In 2022, shipments abroad of tools; for working in the hand, pneumatic, other than rotary type decreased by -23.5% to 13 units, falling for the second year in a row after two years of growth. In general, exports recorded a dramatic contraction. The pace of growth was the most pronounced in 2020 with an increase of 67%. As a result, the exports reached the peak of 82 units. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of tools; for working in the hand, pneumatic, other than rotary type dropped significantly to $31K in 2022. Over the period under review, exports faced a significant decline. The growth pace was the most rapid in 2020 when exports increased by 28%. As a result, the exports attained the peak of $97K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kuwait | N/A | 22.6 | 37.5 | 29.3 | 13.9% |
| Colombia | N/A | N/A | N/A | 0.8 | 0% |
| Nigeria | 57.4 | 46.8 | N/A | 0.8 | -75.9% |
| Canada | N/A | N/A | N/A | 0.2 | 0% |
| France | N/A | N/A | N/A | 0.1 | 0% |
| Palestine | N/A | N/A | N/A | 0.1 | 0% |
| Jordan | N/A | 2.8 | N/A | N/A | 0% |
| United Kingdom | N/A | 16.6 | N/A | N/A | 0% |
| United Arab Emirates | 0.2 | 7.3 | N/A | N/A | 3550.0% |
| Saudi Arabia | 4.3 | N/A | 12.5 | N/A | 70.5% |
| Others | 13.8 | 0.6 | 0.1 | N/A | -91.5% |
| Total | 75.7 | 96.7 | 50.2 | 31.3 | -25.5% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from Egypt in 2022:
- Kuwait (7.0 units)
- Canada (1.0 units)
- United Arab Emirates (1.0 units)
- France (1.0 units)
- Colombia (1.0 units)
- Palestine (1.0 units)
- Nigeria (1.0 units)
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