Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Hungary - 2023
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Hungary (CIF) - 2023
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Hungary (FOB) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Hungary
- Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Hungary
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Hungary (CIF) - 2023
In December 2023, the average import price for tools; for working in the hand, pneumatic, other than rotary type amounted to $172 per unit, which is down by -16.7% against the previous month. In general, the import price, however, saw a perceptible expansion. The most prominent rate of growth was recorded in March 2023 an increase of 143% against the previous month. Over the period under review, average import prices reached the maximum at $278 per unit in June 2023; however, from July 2023 to December 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($564 per unit), while the price for Austria ($33.7 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 the Czech Republic (+15.2%), 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 Hungary (FOB) - 2022
The average export price for tools; for working in the hand, pneumatic, other than rotary type stood at $369 per unit in 2022, dropping by -24.9% against the previous year. In general, the export price, however, enjoyed tangible growth. The pace of growth appeared the most rapid in 2020 an increase of 73%. The export price peaked at $491 per unit in 2021, and then shrank rapidly in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Tunisia ($1,621 per unit), while the average price for exports to North Macedonia ($85 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 France (+56.7%), 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 Hungary
In 2022, approx. 19K units of tools; for working in the hand, pneumatic, other than rotary type were imported into Hungary; with a decrease of -7.9% against the year before. Over the period under review, imports saw a abrupt shrinkage. Over the period under review, imports of tools; for working in hand, pneumatic, other than rotary type hit record highs at 24K units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type rose remarkably to $2.7M in 2022. In general, imports saw a relatively flat trend pattern. Imports peaked at $2.7M in 2019; afterwards, it flattened through to 2022.
| Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Germany | 960 | 821 | 648 | -17.8% | |
| Austria | 490 | 287 | 406 | -9.0% | |
| Poland | 286 | 410 | 322 | 6.1% | |
| China | 117 | 241 | 322 | 65.9% | |
| Japan | 173 | 146 | 226 | 14.3% | |
| Italy | 173 | 138 | 148 | -7.5% | |
| Taiwan (Chinese) | 77.8 | 86.8 | 111 | 19.4% | |
| Czech Republic | 70.1 | 41.9 | 97.8 | 18.1% | |
| Slovakia | 35.2 | 83.9 | 31.3 | -5.7% | |
| Croatia | N/A | N/A | 18.7 | 0% | |
| Others | 288 | 267 | 336 | 8.0% | |
| Total | 2,669 | 2,523 | 2,667 | -0.0% | |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to Hungary in 2022:
- China (4.6K units)
- Austria (3.8K units)
- Germany (3.7K units)
- Poland (1.7K units)
- Italy (1.1K units)
- Czech Republic (0.7K units)
- Taiwan (Chinese) (0.7K units)
- Japan (0.7K units)
- Slovakia (0.6K units)
- Croatia (0.4K units)
Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Hungary
In 2022, after three years of growth, there was significant decline in overseas shipments of tools; for working in the hand, pneumatic, other than rotary type, when their volume decreased by -7.9% to 1.7K units. The total export volume increased at an average annual rate of +4.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 23%. Over the period under review, the exports of tools; for working in hand, pneumatic, other than rotary type hit record highs at 1.9K units in 2021, and then reduced in the following year.
In value terms, exports of tools; for working in the hand, pneumatic, other than rotary type shrank rapidly to $638K in 2022. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 112%. Over the period under review, the exports of tools; for working in hand, pneumatic, other than rotary type reached the maximum at $922K in 2021, and then plummeted in the following year.
| Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 188 | 148 | 195 | 179 | -1.6% |
| Russia | N/A | 6.8 | N/A | 95.7 | 275.1% |
| Bulgaria | 4.4 | 7.0 | 59.1 | 74.7 | 157.0% |
| Romania | 39.9 | 29.0 | 176 | 73.5 | 22.6% |
| France | N/A | 5.9 | 23.2 | 51.3 | 194.9% |
| Austria | 9.3 | 8.0 | 9.2 | 32.7 | 52.1% |
| Czech Republic | 3.8 | 4.5 | 10.6 | 16.9 | 64.5% |
| Ukraine | 43.5 | 29.3 | 30.6 | 16.8 | -27.2% |
| North Macedonia | 2.7 | 0.4 | 0.3 | 15.7 | 79.8% |
| Croatia | 4.9 | 9.9 | 7.4 | 7.4 | 14.7% |
| Slovakia | 16.5 | 7.5 | 9.3 | 6.4 | -27.1% |
| Serbia | 26.9 | 93.3 | 223 | 2.6 | -54.1% |
| Tunisia | 0.2 | 353 | 7.8 | 1.6 | 100.0% |
| Others | 15.6 | 50.5 | 170 | 63.2 | 59.4% |
| Total | 356 | 753 | 922 | 638 | 21.5% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from Hungary in 2022:
- Austria (342.0 units)
- Russia (224.0 units)
- Belgium (207.0 units)
- Romania (191.0 units)
- North Macedonia (184.0 units)
- Bulgaria (136.0 units)
- Czech Republic (85.0 units)
- France (82.0 units)
- Slovakia (62.0 units)
- Croatia (34.0 units)
- Ukraine (26.0 units)
- Serbia (9.0 units)
- Tunisia (1.0 units)
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