Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Iran - 2022
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Iran (CIF) - 2022
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Iran (FOB) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Iran
- Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Iran
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Iran (CIF) - 2022
The average import price for tools; for working in the hand, pneumatic, other than rotary type stood at $25 per unit in 2022, growing by 15% against the previous year. Over the period under review, the import price, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 30%. The import price peaked at $173 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 Taiwan (Chinese) ($52 per unit), while the price for China ($17 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-8.3%), while the prices for the other major suppliers experienced a decline.
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Iran (FOB) - 2022
The average export price for tools; for working in the hand, pneumatic, other than rotary type stood at $336 per unit in 2022, which is down by -6.4% against the previous year. In general, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for tools; for working in the hand, pneumatic, other than rotary type increased by +70.2% against 2017 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 36%. Over the period under review, the average export prices hit record highs at $359 per unit in 2021, and then contracted in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($541 per unit), while the average price for exports to Georgia ($5 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 Sri Lanka (+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, Other than Rotary Type in Iran
For the fourth year in a row, Iran recorded growth in purchases abroad of tools; for working in the hand, pneumatic, other than rotary type, which increased by 2% to 114K units in 2022. Overall, imports posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 146% against the previous year. Over the period under review, imports of tools; for working in hand, pneumatic, other than rotary type attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type skyrocketed to $2.8M in 2022. In general, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 92% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 621 | 1,411 | 1,358 | 1,480 | 33.6% |
| Taiwan (Chinese) | 74.0 | 191 | 80.5 | 753 | 116.7% |
| South Korea | 1.5 | 116 | 110 | 110 | 318.6% |
| Belgium | 86.7 | 91.8 | 95.4 | 106 | 6.9% |
| Turkey | 22.8 | 18.7 | 2.5 | 103 | 65.3% |
| United Arab Emirates | 177 | 216 | 576 | 4.8 | -70.0% |
| Others | 192 | 208 | 192 | 279 | 13.3% |
| Total | 1,174 | 2,254 | 2,414 | 2,836 | 34.2% |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to Iran in 2022:
- China (89.3K units)
- Taiwan (Chinese) (14.5K units)
- South Korea (2.1K units)
- Turkey (2.0K units)
- Belgium (2.0K units)
- United Arab Emirates (0.1K units)
Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Iran
Exports of tools; for working in the hand, pneumatic, other than rotary type from Iran shrank dramatically to 42 units in 2022, with a decrease of -58.8% on the previous year. Overall, exports recorded a significant decline. The smallest decline of -31.1% was in 2021. The exports peaked at 148 units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
In value terms, exports of tools; for working in the hand, pneumatic, other than rotary type fell remarkably to $14K in 2022. Over the period under review, exports continue to indicate a dramatic downturn. The smallest decline of -6.3% was in 2020. The exports peaked at $42K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | 25.1 | 23.3 | 19.2 | 9.7 | -27.2% |
| Sri Lanka | 4.8 | 4.5 | 3.8 | 2.0 | -25.3% |
| Oman | 2.1 | 9.7 | 12.4 | 1.6 | -8.7% |
| Armenia | 1.1 | 0.5 | 0.1 | 0.2 | -43.3% |
| Tajikistan | 4.2 | 0.1 | 0.3 | 0.2 | -63.8% |
| Romania | N/A | N/A | N/A | 0.1 | 0% |
| Czech Republic | N/A | N/A | N/A | 0.1 | 0% |
| Germany | 0.4 | 0.3 | 0.2 | 0.1 | -37.0% |
| Kuwait | 1.2 | 0.2 | 0.1 | 0.1 | -56.3% |
| Azerbaijan | 0.2 | N/A | N/A | N/A | 0% |
| Kazakhstan | 0.1 | 0.1 | N/A | N/A | 0.0% |
| United Arab Emirates | 0.8 | 0.4 | 0.2 | N/A | -50.0% |
| Georgia | N/A | N/A | N/A | N/A | 0% |
| Others | 1.9 | 0.1 | 0.2 | N/A | -67.6% |
| Total | 41.9 | 39.2 | 36.6 | 14.1 | -30.4% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from Iran in 2022:
- Iraq (19.0 units)
- Sri Lanka (10.0 units)
- Oman (3.0 units)
- Romania (1.0 units)
- Georgia (1.0 units)
- Czech Republic (1.0 units)
- United Arab Emirates (1.0 units)
- Kazakhstan (1.0 units)
- Azerbaijan (1.0 units)
- Germany (1.0 units)
- Armenia (1.0 units)
- Kuwait (1.0 units)
- Tajikistan (1.0 units)
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