Price for Agriculture or Forestry Hand Tools in Switzerland - 2023

Contents:

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

Price for Agriculture or Forestry Hand Tools in Switzerland (FOB) - 2023

The average export price for agriculture or forestry hand toolses stood at $96,838 per ton in July 2023, waning by -5.8% against the previous month. Over the period from August 2022 to July 2023, it increased at an average monthly rate of +2.1%. The most prominent rate of growth was recorded in October 2022 an increase of 33% against the previous month. Over the period under review, the average export prices reached the maximum at $103K per ton in June 2023, and then shrank in the following month.

There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Argentina ($117K per ton), while the average price for exports to Portugal ($39,940 per ton) was amongst the lowest.

From August 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+25.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for agriculture or forestry hand toolses stood at $8,945 per ton in July 2023, dropping by -10.4% against the previous month. In general, the import price saw a perceptible descent. The most prominent rate of growth was recorded in March 2023 an increase of 50% against the previous month. Over the period under review, average import prices attained the maximum at $13,661 per ton in November 2022; however, from December 2022 to July 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($17,579 per ton), while the price for Italy ($2,249 per ton) was amongst the lowest.

From August 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Agriculture or Forestry Hand Tools in Switzerland

In 2022, after three years of growth, there was significant decline in shipments abroad of agriculture or forestry hand toolses, when their volume decreased by -52.8% to 217 tons. Over the period under review, exports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2021 when exports increased by 29% against the previous year. As a result, the exports reached the peak of 459 tons, and then plummeted in the following year.

In value terms, agriculture or forestry hand tools exports contracted remarkably to $19M in 2022. In general, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year. As a result, the exports attained the peak of $41M, and then declined markedly in the following year.

Export of Agriculture or Forestry Hand Tools in Switzerland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5.68.513.09.218.0%
Italy2.02.53.02.710.5%
Belgium1.51.93.01.74.3%
United Kingdom1.82.21.41.3-10.3%
Ecuador0.30.30.60.732.6%
Australia0.71.21.60.5-10.6%
South Africa0.40.40.40.40.0%
Turkey0.50.50.60.3-15.7%
Portugal0.40.40.40.3-9.1%
Spain0.40.20.40.3-9.1%
Serbia0.10.10.10.10.0%
Austria0.2N/AN/A0.1-20.6%
Germany7.37.812.7N/A31.9%
Others3.92.93.71.3-30.7%
Total25.128.841.018.8-9.2%

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

  1. Germany (undefined tons)
  2. United States (97.4 tons)
  3. Italy (35.0 tons)
  4. Belgium (18.3 tons)
  5. United Kingdom (13.0 tons)
  6. Austria (6.9 tons)
  7. Ecuador (5.5 tons)
  8. Australia (5.3 tons)
  9. South Africa (4.6 tons)
  10. Serbia (4.6 tons)
  11. Turkey (3.8 tons)
  12. Portugal (3.8 tons)
  13. Spain (3.4 tons)

Imports of Agriculture or Forestry Hand Tools in Switzerland

After three years of growth, supplies from abroad of agriculture or forestry hand toolses decreased by -68% to 630 tons in 2022. Over the period under review, imports showed a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 71% against the previous year. As a result, imports attained the peak of 2K tons, and then fell dramatically in the following year.

In value terms, agriculture or forestry hand tools imports contracted notably to $7.6M in 2022. In general, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 33%. As a result, imports attained the peak of $22M, and then fell dramatically in the following year.

Import of Agriculture or Forestry Hand Tools in Switzerland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4.44.65.64.72.2%
China2.63.64.61.0-27.3%
Mexico0.40.70.80.931.0%
Poland0.20.30.50.426.0%
Taiwan (Chinese)2.02.13.00.1-63.2%
Austria1.71.82.3N/A16.3%
France0.40.40.7N/A32.3%
Italy0.80.81.2N/A22.5%
Others1.72.13.00.5-33.5%
Total14.116.321.77.6-18.6%

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

  1. France (undefined tons)
  2. Germany (338.0 tons)
  3. China (131.0 tons)
  4. Mexico (106.6 tons)
  5. Poland (30.5 tons)
  6. Taiwan (Chinese) (3.4 tons)
  7. Austria (0.4 tons)
  8. Italy (0.2 tons)

Source: IndexBox Market Intelligence Platform

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