Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Estonia - 2023
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Estonia (CIF) - 2022
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Estonia (FOB) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Estonia
- Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Estonia
Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Estonia (CIF) - 2022
In 2022, the average import price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) amounted to $214 per unit, increasing by 17% against the previous year. Over the last two-year period, it increased at an average annual rate of +9.5%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($374 per unit), while the price for Denmark ($42 per unit) was amongst the lowest.
From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+58.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Estonia (FOB) - 2022
The average export price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) stood at $295 per unit in 2022, dropping by -38.9% against the previous year. Over the period under review, the export price, however, posted a pronounced increase. The pace of growth was the most pronounced in 2021 an increase of 81% against the previous year. As a result, the export price attained the peak level of $483 per unit, and then shrank markedly in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($1,696 per unit), while the average price for exports to Kazakhstan ($57 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 Russia (+25.0%), 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 Estonia
In 2022, after three years of growth, there was significant decline in supplies from abroad of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion), when their volume decreased by -12% to 5K units. Overall, imports, however, posted a strong expansion. The pace of growth was the most pronounced in 2021 when imports increased by 36% against the previous year. As a result, imports reached the peak of 5.6K units, and then fell in the following year.
In value terms, imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) expanded to $1.1M in 2022. The total import value increased at an average annual rate of +5.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 39%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Germany | 167 | 163 | 210 | 12.1% | |
| Sweden | 88.9 | 142 | 157 | 32.9% | |
| Finland | 130 | 147 | 138 | 3.0% | |
| Netherlands | 60.9 | 90.7 | 100 | 28.1% | |
| Ireland | 68.8 | 78.3 | 71.3 | 1.8% | |
| Latvia | 26.0 | 26.9 | 51.2 | 40.3% | |
| Poland | 43.3 | 55.8 | 42.0 | -1.5% | |
| Belgium | 8.4 | 45.9 | 35.3 | 105.0% | |
| China | 7.5 | 55.1 | 34.8 | 115.4% | |
| France | 37.9 | 49.2 | 33.1 | -6.5% | |
| United Kingdom | 17.6 | 26.5 | 17.3 | -0.9% | |
| Lithuania | 16.7 | 9.9 | 13.3 | -10.8% | |
| Denmark | 12.0 | 7.9 | 3.6 | -45.2% | |
| Others | 56.3 | 128 | 152 | 64.3% | |
| Total | 741 | 1,026 | 1,060 | 19.6% | |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) to Estonia in 2022:
- Finland (850.0 units)
- Germany (780.0 units)
- Latvia (624.0 units)
- Netherlands (586.0 units)
- Sweden (420.0 units)
- Belgium (393.0 units)
- Ireland (231.0 units)
- China (180.0 units)
- Lithuania (166.0 units)
- Poland (158.0 units)
- United Kingdom (107.0 units)
- France (89.0 units)
- Denmark (87.0 units)
Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Estonia
After two years of decline, shipments abroad of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) increased by 42% to 1.1K units in 2022. The total export volume increased at an average annual rate of +3.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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) shrank to $323K in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +9.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +35.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 56%. As a result, the exports attained the peak of $374K, and then contracted in the following year.
| Export of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 85.9 | 104 | 155 | 141 | 18.0% |
| Lithuania | 67.9 | 50.3 | 84.8 | 72.4 | 2.2% |
| Finland | 45.9 | 33.2 | 61.4 | 60.2 | 9.5% |
| United States | N/A | N/A | N/A | 11.5 | 0% |
| Netherlands | 9.1 | 1.2 | 0.7 | 11.0 | 6.5% |
| Russia | 4.4 | 33.7 | 20.1 | 5.1 | 5.0% |
| Kazakhstan | N/A | N/A | N/A | 2.7 | 0% |
| Switzerland | 9.7 | N/A | N/A | 1.2 | -50.2% |
| Germany | 1.5 | 13.7 | 25.8 | 0.3 | -41.5% |
| Others | 20.1 | 2.7 | 25.9 | 17.7 | -4.1% |
| Total | 245 | 239 | 374 | 323 | 9.7% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) from Estonia in 2022:
- Latvia (470.0 units)
- Lithuania (230.0 units)
- Finland (171.0 units)
- Netherlands (117.0 units)
- Kazakhstan (48.0 units)
- United States (18.0 units)
- Switzerland (3.0 units)
- Russia (3.0 units)
- Germany (1.0 units)
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