Price for Agriculture or Forestry Hand Tools in Germany - 2023
Contents:
- Price for Agriculture or Forestry Hand Tools in Germany (CIF) - 2023
- Price for Agriculture or Forestry Hand Tools in Germany (FOB) - 2023
- Imports of Agriculture or Forestry Hand Tools in Germany
- Exports of Agriculture or Forestry Hand Tools in Germany
Price for Agriculture or Forestry Hand Tools in Germany (CIF) - 2023
In June 2023, the average import price for agriculture or forestry hand toolses amounted to $10,094 per ton, rising by 7.3% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 17% against the previous month. Over the period under review, average import prices reached the maximum in June 2023.
Prices varied noticeably by the country of origin: the country with the highest price was France ($21,046 per ton), while the price for China ($5,545 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Agriculture or Forestry Hand Tools in Germany (FOB) - 2023
The average export price for agriculture or forestry hand toolses stood at $11,142 per ton in June 2023, with a decrease of -4.7% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 16% m-o-m. The export price peaked at $11,697 per ton in May 2023, and then declined in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($19,903 per ton), while the average price for exports to Austria ($5,876 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Luxembourg (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Agriculture or Forestry Hand Tools in Germany
In 2022, approx. 25K tons of agriculture or forestry hand toolses were imported into Germany; with an increase of 2.2% compared with 2021. The total import volume increased at an average annual rate of +5.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 19% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, agriculture or forestry hand tools imports totaled $218M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +14.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 34%. Imports peaked in 2022 and are likely to continue growth in the near future.
Import of Agriculture or Forestry Hand Tools in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 39.0 | 33.9 | 51.2 | 66.1 | 19.2% |
Netherlands | 6.2 | 24.9 | 31.5 | 32.3 | 73.4% |
Czech Republic | 14.3 | 14.8 | 20.4 | 21.3 | 14.2% |
Taiwan (Chinese) | 15.5 | 12.9 | 14.5 | 18.8 | 6.6% |
France | 3.4 | 2.9 | 14.8 | 17.2 | 71.7% |
Poland | 25.1 | 17.8 | 18.8 | 13.2 | -19.3% |
Austria | 5.8 | 6.8 | 9.0 | 8.6 | 14.0% |
Italy | 3.5 | 5.2 | 5.8 | 6.7 | 24.2% |
Vietnam | 5.9 | 2.8 | 1.7 | 1.3 | -39.6% |
Others | 27.9 | 25.3 | 30.4 | 32.2 | 4.9% |
Total | 147 | 147 | 198 | 218 | 14.0% |
Top Suppliers of Agriculture or Forestry Hand Tools to Germany in 2022:
- China (11.0K tons)
- Netherlands (4.4K tons)
- Czech Republic (2.0K tons)
- Taiwan (Chinese) (1.6K tons)
- Poland (1.2K tons)
- France (1.0K tons)
- Austria (0.8K tons)
- Italy (0.5K tons)
- Vietnam (0.3K tons)
Exports of Agriculture or Forestry Hand Tools in Germany
In 2022, after three years of growth, there was decline in shipments abroad of agriculture or forestry hand toolses, when their volume decreased by -1.8% to 16K tons. The total export volume increased at an average annual rate of +4.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 10%. As a result, the exports reached the peak of 16K tons, and then shrank slightly in the following year.
In value terms, agriculture or forestry hand tools exports fell to $172M in 2022. The total export value increased at an average annual rate of +7.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 15%. As a result, the exports attained the peak of $183M, and then declined in the following year.
Export of Agriculture or Forestry Hand Tools in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 19.0 | 23.5 | 44.0 | 39.0 | 27.1% |
Austria | 31.4 | 33.1 | 34.5 | 38.0 | 6.6% |
Netherlands | 10.8 | 15.0 | 15.7 | 15.5 | 12.8% |
Czech Republic | 6.8 | 6.8 | 10.2 | 9.2 | 10.6% |
Poland | 6.7 | 8.8 | 7.0 | 7.4 | 3.4% |
Sweden | 4.2 | 5.8 | 7.2 | 6.6 | 16.3% |
Switzerland | 5.4 | 5.8 | 6.7 | 6.5 | 6.4% |
United States | 4.4 | 5.6 | 6.3 | 6.1 | 11.5% |
Italy | 5.6 | 5.3 | 6.0 | 4.9 | -4.4% |
Luxembourg | 3.9 | 3.8 | 3.6 | 3.3 | -5.4% |
United Kingdom | 5.7 | 7.7 | 3.2 | 2.6 | -23.0% |
Hungary | 1.7 | 1.9 | 2.4 | 2.1 | 7.3% |
Slovakia | 1.0 | 1.3 | 1.6 | 1.7 | 19.3% |
Others | 31.2 | 33.8 | 34.3 | 29.2 | -2.2% |
Total | 138 | 158 | 183 | 172 | 7.6% |
Top Export Markets for Agriculture or Forestry Hand Tools from Germany in 2022:
- Austria (6.3K tons)
- France (2.6K tons)
- Netherlands (1.0K tons)
- Czech Republic (0.8K tons)
- Poland (0.8K tons)
- Luxembourg (0.6K tons)
- Sweden (0.5K tons)
- Switzerland (0.4K tons)
- United States (0.3K tons)
- Italy (0.3K tons)
- Slovakia (0.3K tons)
- Hungary (0.3K tons)
- United Kingdom (0.1K tons)
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