Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Portugal - 2023

Contents:

  1. Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Portugal (CIF) - 2023
  2. Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Portugal (FOB) - 2022
  3. Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Portugal
  4. Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Portugal

Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Portugal (CIF) - 2023

In December 2023, the average import price for tools; for working in the hand, pneumatic, other than rotary type amounted to $289 per unit, increasing by 96% against the previous month. Overall, the import price showed a modest expansion. The growth pace was the most rapid in February 2023 when the average import price increased by 271% m-o-m. As a result, import price attained the peak level of $297 per unit. From March 2023 to December 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($558 per unit), while the price for China ($52.7 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 Netherlands (+14.2%), 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 Portugal (FOB) - 2022

The average export price for tools; for working in the hand, pneumatic, other than rotary type stood at $155 per unit in 2022, surging by 22% against the previous year. Over the period under review, the export price, however, showed a pronounced descent. Over the period under review, the average export prices attained the peak figure at $238 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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 Brazil ($938 per unit), while the average price for exports to Peru ($87 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 Brazil (+14.7%), 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 Portugal

Imports of tools; for working in the hand, pneumatic, other than rotary type into Portugal dropped to 17K units in 2022, shrinking by -7.9% compared with the previous year's figure. Overall, imports continue to indicate a abrupt decline. Over the period under review, imports of tools; for working in hand, pneumatic, other than rotary type attained the peak figure at 20K units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type reached $2.4M in 2022. In general, imports showed a mild curtailment. The pace of growth was the most pronounced in 2021 with an increase of 13%. Over the period under review, imports of tools; for working in hand, pneumatic, other than rotary type attained the maximum at $2.5M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Portugal (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Spain44867474428.9%
France15537829437.7%
Taiwan (Chinese)16299.127630.5%
Italy259232229-6.0%
Germany309216197-20.2%
China13617319218.8%
Netherlands145109102-16.1%
Others445446387-6.7%
Total2,0602,3282,4208.4%

Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to Portugal in 2022:

  1. Spain (4.3K units)
  2. China (3.2K units)
  3. Netherlands (1.7K units)
  4. France (1.7K units)
  5. Germany (1.7K units)
  6. Taiwan (Chinese) (1.6K units)
  7. Italy (0.7K units)

Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Portugal

In 2022, the amount of tools; for working in the hand, pneumatic, other than rotary type exported from Portugal soared to 4.5K units, increasing by 74% compared with 2021. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 173%. Over the period under review, the exports of tools; for working in hand, pneumatic, other than rotary type reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of tools; for working in the hand, pneumatic, other than rotary type skyrocketed to $691K in 2022. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 147%. As a result, the exports reached the peak of $719K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Angola11429118635145.5%
United KingdomN/A0.843.11331189.4%
Senegal2.32.45.341.0161.2%
PeruN/AN/AN/A23.50%
Brazil0.9295N/A15.0155.4%
GhanaN/AN/AN/A14.20%
Cabo Verde38.416.15.89.7-36.8%
Spain4.631.011.49.627.8%
Mozambique12.68.720.27.6-15.5%
Morocco0.228.521.27.2230.2%
Others11745.231.379.7-12.0%
Total29071932469133.6%

Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from Portugal in 2022:

  1. Angola (2633.0 units)
  2. United Kingdom (879.0 units)
  3. Peru (269.0 units)
  4. Senegal (113.0 units)
  5. Cabo Verde (83.0 units)
  6. Ghana (69.0 units)
  7. Spain (52.0 units)
  8. Mozambique (31.0 units)
  9. Morocco (28.0 units)
  10. Brazil (16.0 units)

Source: IndexBox Market Intelligence Platform

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