Tunisia: Non-Electric Motor Handtools Market 2024

Non-Electric Motor Handtools Market Size in Tunisia

The Tunisian non-electric motor handtools market declined rapidly to $X in 2022, which is down by -52.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a abrupt slump. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Non-Electric Motor Handtools Exports

Exports from Tunisia

In 2022, the amount of handtools, hydraulic or with a self-contained non-electric motor exported from Tunisia skyrocketed to X units, growing by 51% on the previous year's figure. Overall, exports saw a significant expansion. The growth pace was the most rapid in 2016 when exports increased by 566%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, non-electric motor handtools exports shrank sharply to $X in 2022. In general, exports, however, showed a significant contraction. The pace of growth was the most pronounced in 2016 when exports increased by 492% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Democratic Republic of the Congo (X units) was the main destination for non-electric motor handtools exports from Tunisia, with a 69% share of total exports. It was followed by Algeria (X units), with a 0.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Democratic Republic of the Congo was relatively modest.

In value terms, Algeria ($X) and Democratic Republic of the Congo ($X) were the largest markets for non-electric motor handtools exported from Tunisia worldwide.

Democratic Republic of the Congo, with a CAGR of 0.0%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

The average non-electric motor handtools export price stood at $X per unit in 2022, shrinking by -85% against the previous year. In general, the export price recorded a precipitous setback. The growth pace was the most rapid in 2017 when the average export price increased by 3.9%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 Algeria ($X per unit), while the average price for exports to Democratic Republic of the Congo amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+12.0%).

Non-Electric Motor Handtools Imports

Imports into Tunisia

In 2022, after two years of growth, there was significant decline in purchases abroad of handtools, hydraulic or with a self-contained non-electric motor, when their volume decreased by -24.9% to X units. Overall, imports saw a abrupt slump. The pace of growth appeared the most rapid in 2015 with an increase of 265% against the previous year. As a result, imports reached the peak of X units. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, non-electric motor handtools imports fell remarkably to $X in 2022. In general, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2015 with an increase of 44%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of non-electric motor handtools to Tunisia, accounting for a 61% share of total imports. Moreover, non-electric motor handtools imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), fivefold. Italy (X units) ranked third in terms of total imports with a 9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled -6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+35.7% per year) and Italy (-5.4% per year).

In value terms, China ($X) constituted the largest supplier of handtools, hydraulic or with a self-contained non-electric motor to Tunisia, comprising 41% of total imports. The second position in the ranking was taken by the United States ($X), with a 15% share of total imports. It was followed by Germany, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to -2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+26.9% per year) and Germany (+1.9% per year).

Import Prices by Country

In 2022, the average non-electric motor handtools import price amounted to $X per unit, shrinking by -18.1% against the previous year. In general, the import price continues to indicate a mild slump. The pace of growth appeared the most rapid in 2016 when the average import price increased by 126% against the previous year. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat 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 France ($X per unit), while the price for Bulgaria ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Togo (+281.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform