Price for Agriculture or Forestry Hand Tools in Spain - 2023
Contents:
- Price for Agriculture or Forestry Hand Tools in Spain (CIF) - 2023
- Price for Agriculture or Forestry Hand Tools in Spain (FOB) - 2023
- Imports of Agriculture or Forestry Hand Tools in Spain
- Exports of Agriculture or Forestry Hand Tools in Spain
Price for Agriculture or Forestry Hand Tools in Spain (CIF) - 2023
The average import price for agriculture or forestry hand toolses stood at $4,386 per ton in June 2023, remaining stable against the previous month. Over the period under review, the import price, however, recorded a pronounced descent. The pace of growth appeared the most rapid in September 2022 an increase of 96% m-o-m. The import price peaked at $12,155 per ton in October 2022; however, from November 2022 to June 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($18,533 per ton), while the price for France ($2,208 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 China (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Agriculture or Forestry Hand Tools in Spain (FOB) - 2023
The average export price for agriculture or forestry hand toolses stood at $3,326 per ton in June 2023, which is down by -30.4% against the previous month. Overall, the export price, however, continues to indicate a mild increase. The growth pace was the most rapid in January 2023 an increase of 255% month-to-month. As a result, the export price reached the peak level of $9,854 per ton. From February 2023 to June 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Ethiopia ($13,394 per ton), while the average price for exports to Portugal ($641 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 France (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Agriculture or Forestry Hand Tools in Spain
Agriculture or forestry hand tools imports into Spain declined to 7K tons in 2022, leveling off at the previous year. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +10.6% 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 +44.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 46%. As a result, imports reached the peak of 7K tons, leveling off in the following year.
In value terms, agriculture or forestry hand tools imports rose modestly to $59M in 2022. Overall, imports, however, showed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 54%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Agriculture or Forestry Hand Tools in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 0.1 | 8.3 | 14.6 | 14.3 | 422.9% |
| China | 7.8 | 5.5 | 8.5 | 14.2 | 22.1% |
| France | 6.9 | 6.9 | 9.7 | 9.8 | 12.4% |
| Taiwan (Chinese) | 3.5 | 2.9 | 5.4 | 6.1 | 20.3% |
| Germany | 2.7 | 3.5 | 4.6 | 3.0 | 3.6% |
| Italy | 3.1 | 3.1 | 3.5 | 2.9 | -2.2% |
| Netherlands | 0.1 | 1.3 | 2.4 | 1.9 | 166.8% |
| Portugal | 1.2 | 1.1 | 2.1 | 1.9 | 16.6% |
| Vietnam | 2.5 | 1.4 | 2.1 | 1.0 | -26.3% |
| India | 0.3 | 0.2 | 0.3 | 0.6 | 26.0% |
| Others | 3.8 | 2.9 | 3.7 | 3.0 | -7.6% |
| Total | 31.9 | 37.0 | 56.9 | 58.6 | 22.5% |
Top Suppliers of Agriculture or Forestry Hand Tools to Spain in 2022:
- China (2888.8 tons)
- France (1292.4 tons)
- Sweden (673.3 tons)
- Taiwan (Chinese) (412.2 tons)
- Netherlands (287.6 tons)
- Italy (283.8 tons)
- Portugal (272.0 tons)
- Vietnam (199.1 tons)
- Germany (198.0 tons)
- India (137.3 tons)
Exports of Agriculture or Forestry Hand Tools in Spain
For the fourth consecutive year, Spain recorded growth in overseas shipments of agriculture or forestry hand toolses, which increased by 29% to 7.2K tons in 2022. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in years to come.
In value terms, agriculture or forestry hand tools exports expanded slightly to $52M in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +16.3% 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 +57.2% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 34%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Agriculture or Forestry Hand Tools in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 11.9 | 13.0 | 19.0 | 17.4 | 13.5% |
| Portugal | 2.9 | 3.6 | 4.0 | 6.0 | 27.4% |
| Italy | 2.3 | 3.5 | 5.0 | 5.9 | 36.9% |
| Ethiopia | 2.6 | 0.6 | 3.1 | 3.3 | 8.3% |
| Morocco | 1.8 | 2.0 | 2.9 | 2.4 | 10.1% |
| Germany | 2.0 | 2.6 | 3.3 | 2.4 | 6.3% |
| Peru | 0.7 | 0.9 | 1.4 | 2.0 | 41.9% |
| Poland | 0.7 | 1.5 | 3.4 | 1.9 | 39.5% |
| Saudi Arabia | 1.3 | 0.6 | 0.2 | 1.0 | -8.4% |
| Mexico | 0.2 | 0.8 | 0.5 | 0.8 | 58.7% |
| Guatemala | 0.4 | 0.4 | 0.2 | 0.6 | 14.5% |
| United Kingdom | 1.7 | 2.2 | 0.2 | 0.3 | -43.9% |
| Haiti | N/A | 0.2 | 0.2 | 0.1 | -29.3% |
| Others | 4.4 | 5.7 | 7.1 | 7.5 | 19.5% |
| Total | 32.9 | 37.7 | 50.6 | 51.8 | 16.3% |
Top Export Markets for Agriculture or Forestry Hand Tools from Spain in 2022:
- France (1590.6 tons)
- Portugal (1231.7 tons)
- Italy (1029.9 tons)
- Morocco (600.3 tons)
- Ethiopia (432.9 tons)
- Germany (327.9 tons)
- Poland (308.6 tons)
- Peru (265.5 tons)
- Saudi Arabia (202.4 tons)
- Mexico (156.2 tons)
- Guatemala (112.5 tons)
- Haiti (102.9 tons)
- United Kingdom (13.9 tons)
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