Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in the Netherlands - 2023

Contents:

  1. Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in the Netherlands (CIF) - 2022
  2. Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in the Netherlands (FOB) - 2023
  3. Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in the Netherlands
  4. Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in the Netherlands

Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in the Netherlands (CIF) - 2022

The average import price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) stood at $125 per unit in 2022, reducing by -16.5% against the previous year. Overall, the import price showed a abrupt decrease. The pace of growth appeared the most rapid in 2021 a decrease of -1.5% against the previous year. The import price peaked at $152 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($315 per unit), while the price for China ($67 per unit) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by China (+36.5%), 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 the Netherlands (FOB) - 2023

The average export price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) stood at $213 per unit in December 2023, with an increase of 9.3% against the previous month. In general, the export price, however, saw a slight reduction. The pace of growth was the most pronounced in April 2023 when the average export price increased by 80% month-to-month. The export price peaked at $258 per unit in July 2023; however, from August 2023 to December 2023, the export prices remained at a 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 Switzerland ($1,564 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 Vietnam (+23.2%), 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 the Netherlands

In 2022, after three years of growth, there was significant decline in purchases abroad of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion), when their volume decreased by -7.5% to 300K units. In general, imports, however, saw prominent growth. The growth pace was the most rapid in 2021 with an increase of 42% against the previous year. As a result, imports reached the peak of 324K units, and then shrank in the following year.

In value terms, imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) reduced sharply to $37M in 2022. Over the period under review, imports showed a perceptible slump. The most prominent rate of growth was recorded in 2021 when imports increased by 40%. As a result, imports reached the peak of $48M, and then declined remarkably in the following year.

Import of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in the Netherlands (Million USD)
COUNTRY202020212022CAGR,
2020-2022
Taiwan (Chinese)6.57.19.923.4%
China3.17.08.262.6%
Germany6.38.33.4-26.5%
Japan2.12.62.713.4%
Italy1.72.82.316.3%
Belgium8.29.42.2-48.2%
United States1.21.72.132.3%
Thailand1.21.91.615.5%
Others4.27.55.09.1%
Total34.548.337.44.1%

Top Suppliers of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) to the Netherlands in 2022:

  1. China (121.2K units)
  2. Taiwan (Chinese) (80.9K units)
  3. Thailand (20.2K units)
  4. Japan (12.8K units)
  5. Germany (10.7K units)
  6. Belgium (9.8K units)
  7. Italy (9.5K units)
  8. United States (8.2K units)

Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in the Netherlands

In 2022, overseas shipments of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) decreased by -27.1% to 172K units for the first time since 2018, thus ending a three-year rising trend. Overall, exports saw a pronounced decline. The most prominent rate of growth was recorded in 2020 when exports increased by 18%. Over the period under review, the exports of tools; for working in hand, pneumatic, rotary type (including combined rotary-percussion) hit record highs at 236K units in 2021, and then reduced notably in the following year.

In value terms, exports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) shrank to $33M in 2022. Over the period under review, exports showed a pronounced decline. The pace of growth was the most pronounced in 2021 when exports increased by 8%. As a result, the exports reached the peak of $39M, and then shrank in the following year.

Export of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany7.57.37.08.33.4%
France5.34.35.33.6-12.1%
Belgium5.35.16.03.5-12.9%
Sweden1.92.93.12.01.7%
Italy1.01.62.01.617.0%
Finland0.61.42.01.226.0%
Poland1.41.11.21.0-10.6%
Austria0.60.60.81.018.6%
Turkey0.20.60.70.965.1%
Spain0.40.40.50.931.0%
Denmark1.31.30.70.8-14.9%
Switzerland0.90.91.00.7-8.0%
Czech Republic0.30.50.30.518.6%
Others10.18.08.16.9-11.9%
Total36.935.838.733.0-3.7%

Top Export Markets for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) from the Netherlands in 2022:

  1. Germany (54.4K units)
  2. Belgium (22.0K units)
  3. France (16.3K units)
  4. Finland (12.3K units)
  5. Sweden (7.6K units)
  6. Italy (6.6K units)
  7. Poland (5.2K units)
  8. Austria (4.8K units)
  9. Czech Republic (3.7K units)
  10. Switzerland (3.7K units)
  11. Spain (3.4K units)
  12. Turkey (3.2K units)
  13. Denmark (3.0K units)

Source: IndexBox Market Intelligence Platform

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