Price for Agriculture or Forestry Hand Tools in Denmark - 2023

Contents:

1. Price for Agriculture or Forestry Hand Tools in Denmark (CIF) - 2022
2. Price for Agriculture or Forestry Hand Tools in Denmark (FOB) - 2022
3. Imports of Agriculture or Forestry Hand Tools in Denmark
4. Exports of Agriculture or Forestry Hand Tools in Denmark

Price for Agriculture or Forestry Hand Tools in Denmark (CIF) - 2022

In 2022, the average import price for agriculture or forestry hand toolses amounted to $8,062 per ton, growing by 4.1% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 34% against the previous year. The import price peaked at $8,744 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($15,978 per ton), while the price for Norway ($5,942 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Agriculture or Forestry Hand Tools in Denmark (FOB) - 2022

In 2022, the average export price for agriculture or forestry hand toolses amounted to $13,419 per ton, with a decrease of -2% against the previous year. Over the period under review, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, agriculture or forestry hand tools export price decreased by -12.9% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of 30% against the previous year. Over the period under review, the average export prices attained the maximum at $15,404 per ton in 2020; however, from 2021 to 2022, the export prices remained at a 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 Poland ($34,271 per ton), while the average price for exports to Lebanon ($1,299 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Agriculture or Forestry Hand Tools in Denmark

In 2022, supplies from abroad of agriculture or forestry hand toolses decreased by -6.4% to 2.3K tons, falling for the second year in a row after two years of growth. In general, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 33% against the previous year. As a result, imports reached the peak of 3K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, agriculture or forestry hand tools imports contracted slightly to $18M in 2022. The total import value increased at an average annual rate of +5.9% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 14%.

Top Suppliers of Agriculture or Forestry Hand Tools to Denmark in 2022:

1. Netherlands (902.8 tons)
2. China (553.3 tons)
3. Norway (368.8 tons)
4. Germany (144.6 tons)
5. Sweden (117.4 tons)
6. Poland (33.4 tons)
7. Taiwan (Chinese) (22.1 tons)
8. Belgium (1.1 tons)

Exports of Agriculture or Forestry Hand Tools in Denmark

In 2022, approx. 626 tons of agriculture or forestry hand toolses were exported from Denmark; growing by 40% compared with 2021. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +22.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +81.7% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, agriculture or forestry hand tools exports soared to $8.4M in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +19.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.4% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Agriculture or Forestry Hand Tools from Denmark in 2022:

1. Norway (230.0 tons)
2. Sweden (187.2 tons)
3. Germany (70.8 tons)
4. France (20.6 tons)
5. Poland (16.3 tons)
6. Lebanon (14.4 tons)
7. Iceland (11.7 tons)
8. United Kingdom (6.5 tons)

Source: IndexBox Market Intelligence Platform