Price for Agriculture or Forestry Hand Tools in Romania - 2023

Contents:

  1. Price for Agriculture or Forestry Hand Tools in Romania (CIF) - 2023
  2. Price for Agriculture or Forestry Hand Tools in Romania (FOB) - 2022
  3. Imports of Agriculture or Forestry Hand Tools in Romania
  4. Exports of Agriculture or Forestry Hand Tools in Romania

Price for Agriculture or Forestry Hand Tools in Romania (CIF) - 2023

The average import price for agriculture or forestry hand toolses stood at $3,905 per ton in June 2023, approximately reflecting the previous month. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2022 when the average import price increased by 76% month-to-month. Over the period under review, average import prices hit record highs at $5,223 per ton in March 2023; however, from April 2023 to June 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($11,929 per ton), while the price for China ($2,048 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 Germany (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for agriculture or forestry hand toolses stood at $11,641 per ton in 2022, surging by 85% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $19,218 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($37,935 per ton), while the average price for exports to Moldova ($5,850 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 Ukraine (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Agriculture or Forestry Hand Tools in Romania

In 2022, the amount of agriculture or forestry hand toolses imported into Romania contracted to 4.1K tons, shrinking by -11% against the previous year's figure. Overall, imports recorded a perceptible curtailment. The growth pace was the most rapid in 2021 with an increase of 18% against the previous year. As a result, imports attained the peak of 4.6K tons, and then contracted in the following year.

In value terms, agriculture or forestry hand tools imports shrank to $19M in 2022. The total import value increased at an average annual rate of +7.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 32%. As a result, imports attained the peak of $19M, and then reduced slightly in the following year.

Import of Agriculture or Forestry Hand Tools in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.15.38.17.88.5%
Germany2.02.42.22.46.3%
Netherlands0.61.11.51.638.7%
Poland1.01.51.61.617.0%
Austria0.50.50.60.711.9%
Slovakia0.80.91.00.7-4.4%
Italy0.70.60.80.5-10.6%
VietnamN/AN/A0.20.5150.0%
Bulgaria0.70.40.40.5-10.6%
Turkey0.10.10.20.226.0%
Russia0.20.10.30.20.0%
India0.20.10.4N/A41.4%
Others2.01.51.81.8-3.5%
Total14.914.419.018.77.9%

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

  1. China (2512.8 tons)
  2. Poland (323.7 tons)
  3. Germany (259.6 tons)
  4. Slovakia (146.9 tons)
  5. Netherlands (110.9 tons)
  6. Bulgaria (103.5 tons)
  7. Vietnam (92.7 tons)
  8. Austria (91.2 tons)
  9. Turkey (71.5 tons)
  10. Italy (66.2 tons)
  11. Russia (35.6 tons)
  12. India (1.0 tons)

Exports of Agriculture or Forestry Hand Tools in Romania

Agriculture or forestry hand tools exports from Romania soared to 538 tons in 2022, surging by 618% compared with the year before. In general, exports continue to indicate a significant expansion. 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 skyrocketed to $6.3M in 2022. Over the period under review, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Agriculture or Forestry Hand Tools in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AustriaN/AN/A0.15,7325731900.0%
Bulgaria89.065.233.71169.2%
Moldova1.342.174.2112341.7%
Poland1.83.04.982.5257.9%
Armenia101N/AN/AN/A0%
Others77.315235921741.1%
Total2702624726,259185.1%

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

  1. Austria (480.5 tons)
  2. Moldova (19.2 tons)
  3. Bulgaria (13.4 tons)
  4. Poland (9.3 tons)

Source: IndexBox Market Intelligence Platform

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