Price for Agriculture or Forestry Hand Tools in Portugal - 2023
Contents:
- Price for Agriculture or Forestry Hand Tools in Portugal (CIF) - 2023
- Price for Agriculture or Forestry Hand Tools in Portugal (FOB) - 2023
- Imports of Agriculture or Forestry Hand Tools in Portugal
- Exports of Agriculture or Forestry Hand Tools in Portugal
Price for Agriculture or Forestry Hand Tools in Portugal (CIF) - 2023
In June 2023, the average import price for agriculture or forestry hand toolses amounted to $6,914 per ton, declining by -8.7% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 80% against the previous month. As a result, import price attained the peak level of $11,758 per ton. From May 2023 to June 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($16,047 per ton), while the price for China ($3,633 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 France (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Agriculture or Forestry Hand Tools in Portugal (FOB) - 2023
The average export price for agriculture or forestry hand toolses stood at $8,360 per ton in June 2023, reducing by -18.1% against the previous month. Over the period under review, the export price showed a slight setback. The most prominent rate of growth was recorded in July 2022 when the average export price increased by 31% m-o-m. As a result, the export price attained the peak level of $13,335 per ton. From August 2022 to June 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was France ($21,692 per ton), while the average price for exports to Cabo Verde ($4,460 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 Mexico (+10.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Agriculture or Forestry Hand Tools in Portugal
For the fourth year in a row, Portugal recorded growth in supplies from abroad of agriculture or forestry hand toolses, which increased by 15% to 1.4K tons in 2022. The total import volume increased at an average annual rate of +14.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 28%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, agriculture or forestry hand tools imports amounted to $8.5M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +17.0% 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 +60.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 33%. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Agriculture or Forestry Hand Tools in Portugal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 2,255 | 3,576 | 3,116 | 3,131 | 11.6% |
China | 496 | 865 | 1,468 | 1,918 | 57.0% |
Germany | 891 | 826 | 1,042 | 1,241 | 11.7% |
France | 395 | 625 | 965 | 840 | 28.6% |
Netherlands | 574 | 506 | 610 | 791 | 11.3% |
Taiwan (Chinese) | 100 | 157 | 153 | 254 | 36.4% |
Italy | 318 | 248 | 249 | 148 | -22.5% |
Others | 282 | 255 | 183 | 192 | -12.0% |
Total | 5,311 | 7,057 | 7,787 | 8,516 | 17.0% |
Top Suppliers of Agriculture or Forestry Hand Tools to Portugal in 2022:
- China (483.4 tons)
- Spain (437.0 tons)
- Netherlands (171.2 tons)
- Germany (121.8 tons)
- France (90.6 tons)
- Taiwan (Chinese) (22.3 tons)
- Italy (13.1 tons)
Exports of Agriculture or Forestry Hand Tools in Portugal
After three years of growth, shipments abroad of agriculture or forestry hand toolses decreased by -8.3% to 557 tons in 2022. The total export volume increased at an average annual rate of +10.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 24%.
In value terms, agriculture or forestry hand tools exports totaled $6.3M in 2022. In general, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +22.3% 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 +82.7% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 41%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
Export of Agriculture or Forestry Hand Tools in Portugal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 1,108 | 1,146 | 2,308 | 2,138 | 24.5% |
Germany | 606 | 909 | 829 | 827 | 10.9% |
Angola | 324 | 487 | 482 | 684 | 28.3% |
Italy | 409 | 350 | 416 | 404 | -0.4% |
Mexico | 14.1 | 400 | 545 | 391 | 202.7% |
France | 165 | 247 | 436 | 388 | 33.0% |
South Africa | 119 | 154 | 257 | 290 | 34.6% |
Cabo Verde | 71.1 | 148 | 176 | 182 | 36.8% |
Brazil | 98.5 | 99.5 | 242 | 177 | 21.6% |
Morocco | 117 | 106 | 108 | 159 | 10.8% |
Sao Tome and Principe | 19.3 | 40.1 | 8.8 | 99.4 | 72.7% |
Others | 414 | 334 | 437 | 596 | 12.9% |
Total | 3,467 | 4,422 | 6,245 | 6,335 | 22.3% |
Top Export Markets for Agriculture or Forestry Hand Tools from Portugal in 2022:
- Spain (204.9 tons)
- Germany (89.1 tons)
- Angola (73.6 tons)
- Mexico (32.1 tons)
- Cabo Verde (24.2 tons)
- Italy (23.2 tons)
- Sao Tome and Principe (20.1 tons)
- South Africa (17.8 tons)
- France (15.8 tons)
- Brazil (10.1 tons)
- Morocco (8.9 tons)
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