Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Romania - 2023
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Romania (CIF) - 2023
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Romania (FOB) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Romania
- Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Romania
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Romania (CIF) - 2023
In December 2023, the average import price for tools; for working in the hand, pneumatic, other than rotary type amounted to $90.3 per unit, growing by 8.2% against the previous month. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in October 2023 an increase of 497% m-o-m. As a result, import price reached the peak level of $328 per unit. From November 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 Italy ($327 per unit), while the price for China ($37.8 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 Poland (+9.9%), 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 Romania (FOB) - 2022
The average export price for tools; for working in the hand, pneumatic, other than rotary type stood at $213 per unit in 2022, dropping by -12.8% against the previous year. Overall, the export price showed a slight reduction. The most prominent rate of growth was recorded in 2020 when the average export price increased by 54% against the previous year. As a result, the export price reached the peak level of $337 per unit. From 2021 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($704 per unit), while the average price for exports to Bulgaria ($61 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 the United Arab Emirates (+35.4%), 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 Romania
In 2022, overseas purchases of tools; for working in the hand, pneumatic, other than rotary type decreased by -4% to 39K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, showed strong growth. The growth pace was the most rapid in 2021 when imports increased by 34%. As a result, imports attained the peak of 41K units, and then fell slightly in the following year.
In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type expanded significantly to $4.3M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +10.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.4% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 41%. Imports peaked in 2022 and are likely to see steady growth in the near future.
Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Romania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
Germany | 572 | 877 | 1,395 | 56.2% | |
Poland | 449 | 668 | 646 | 19.9% | |
China | 230 | 517 | 573 | 57.8% | |
Italy | 341 | 483 | 332 | -1.3% | |
Spain | 215 | 202 | 181 | -8.2% | |
Austria | 177 | 222 | 171 | -1.7% | |
Portugal | 20.2 | 67.4 | 86.1 | 106.5% | |
Greece | 52.2 | 86.7 | 80.2 | 24.0% | |
Others | 714 | 771 | 869 | 10.3% | |
Total | 2,771 | 3,893 | 4,334 | 25.1% |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to Romania in 2022:
- Germany (9.5K units)
- China (7.6K units)
- Poland (7.0K units)
- Spain (5.0K units)
- Italy (2.5K units)
- Greece (1.4K units)
- Austria (1.4K units)
- Portugal (0.8K units)
Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Romania
In 2022, approx. 2K units of tools; for working in the hand, pneumatic, other than rotary type were exported from Romania; with a decrease of -40.6% compared with 2021. Overall, exports saw a dramatic slump. The most prominent rate of growth was recorded in 2021 when exports increased by 41%. Over the period under review, the exports of tools; for working in hand, pneumatic, other than rotary type attained the peak figure at 4.9K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of tools; for working in the hand, pneumatic, other than rotary type reduced markedly to $416K in 2022. Over the period under review, exports recorded a significant decrease. The pace of growth appeared the most rapid in 2021 with an increase of 1.8%. The exports peaked at $1.1M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Romania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | N/A | 2.2 | N/A | 93.1 | 550.5% |
Moldova | 76.1 | 19.9 | 28.6 | 56.9 | -9.2% |
United Arab Emirates | 4.7 | 13.8 | N/A | 43.6 | 110.1% |
Italy | 17.0 | 12.3 | 18.8 | 36.2 | 28.7% |
United States | 12.4 | 65.8 | 35.3 | 36.2 | 42.9% |
India | 112 | 117 | 16.2 | 25.3 | -39.1% |
Bulgaria | 16.8 | 5.5 | 22.1 | 18.7 | 3.6% |
Germany | 469 | 39.4 | 301 | 16.6 | -67.2% |
Hungary | 9.6 | 8.4 | 12.2 | 14.5 | 14.7% |
Spain | N/A | N/A | 7.1 | 8.8 | 23.9% |
Turkey | 3.7 | N/A | 3.7 | 7.1 | 24.3% |
France | 5.1 | 8.9 | 40.1 | 5.6 | 3.2% |
Ukraine | 80.7 | 81.5 | 92.1 | 4.6 | -61.5% |
Others | 268 | 415 | 226 | 49.0 | -43.2% |
Total | 1,074 | 790 | 804 | 416 | -27.1% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from Romania in 2022:
- Moldova (383.0 units)
- Bulgaria (309.0 units)
- Hungary (205.0 units)
- United States (183.0 units)
- Italy (173.0 units)
- Saudi Arabia (168.0 units)
- Germany (89.0 units)
- India (87.0 units)
- Turkey (66.0 units)
- United Arab Emirates (62.0 units)
- Spain (45.0 units)
- Ukraine (40.0 units)
- France (40.0 units)
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