Price for Hand-Operated Spanners and Wrenches in Colombia - 2022
Contents:
- Price for Hand-Operated Spanners and Wrenches in Colombia (CIF) - 2022
- Price for Hand-Operated Spanners and Wrenches in Colombia (FOB) - 2022
- Imports of Hand-Operated Spanners and Wrenches in Colombia
- Exports of Hand-Operated Spanners and Wrenches in Colombia
Price for Hand-Operated Spanners and Wrenches in Colombia (CIF) - 2022
The average hand-operated spanners and wrenches import price stood at $4,163 per ton in 2022, which is down by -5.3% against the previous year. In general, the import price continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when the average import price increased by 13%. The import price peaked at $7,763 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($30,847 per ton), while the price for China ($2,985 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.2%), while the prices for the other major suppliers experienced a decline.
Price for Hand-Operated Spanners and Wrenches in Colombia (FOB) - 2022
In 2022, the average hand-operated spanners and wrenches export price amounted to $6,402 per ton, shrinking by -35.7% against the previous year. Overall, the export price continues to indicate a abrupt slump. The pace of growth appeared the most rapid in 2018 an increase of 6.1% against the previous year. The export price peaked at $21,267 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was El Salvador ($28,100 per ton), while the average price for exports to the United Arab Emirates ($716 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 Venezuela (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Hand-Operated Spanners and Wrenches in Colombia
In 2022, imports of hand-operated spanners and wrencheses into Colombia fell to 3K tons, with a decrease of -8.4% against 2021 figures. Overall, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 20%. As a result, imports reached the peak of 3.2K tons, and then shrank in the following year.
In value terms, hand-operated spanners and wrenches imports contracted to $12M in 2022. In general, imports continue to indicate a perceptible setback. The growth pace was the most rapid in 2021 when imports increased by 36%. As a result, imports attained the peak of $14M, and then shrank in the following year.
| Import of Hand-Operated Spanners and Wrenches in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.1 | 5.7 | 8.3 | 7.1 | 0.0% |
| United States | 2.9 | 1.9 | 2.1 | 1.9 | -13.1% |
| Taiwan (Chinese) | 1.3 | 1.4 | 1.9 | 1.6 | 7.2% |
| India | 0.9 | 0.6 | 0.9 | 0.8 | -3.9% |
| Others | 1.1 | 0.8 | 1.0 | 1.0 | -3.1% |
| Total | 13.4 | 10.4 | 14.2 | 12.3 | -2.8% |
Top Suppliers of Hand-Operated Spanners and Wrenches to Colombia in 2022:
- China (2364.1 tons)
- India (239.0 tons)
- Taiwan (Chinese) (231.1 tons)
- United States (62.6 tons)
Exports of Hand-Operated Spanners and Wrenches in Colombia
In 2022, overseas shipments of hand-operated spanners and wrencheses were finally on the rise to reach 17 tons after two years of decline. In general, exports, however, saw a abrupt slump.
In value terms, hand-operated spanners and wrenches exports amounted to $110K in 2022. Over the period under review, exports, however, saw a dramatic decline.
| Export of Hand-Operated Spanners and Wrenches in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Venezuela | 13.3 | 12.5 | 17.7 | 16.7 | 7.9% |
| Costa Rica | 29.6 | 12.6 | 17.3 | 16.3 | -18.0% |
| El Salvador | 28.0 | 6.2 | 17.1 | 14.5 | -19.7% |
| Peru | 82.2 | 9.5 | 2.0 | 10.9 | -49.0% |
| Ecuador | 8.6 | 19.6 | 9.9 | 9.4 | 3.0% |
| United States | 39.5 | 5.4 | 2.8 | 6.1 | -46.3% |
| Brazil | 23.8 | 4.4 | 3.7 | 3.5 | -47.2% |
| Panama | 4.7 | 10.0 | 6.1 | 3.3 | -11.1% |
| Honduras | 9.5 | 2.8 | 2.0 | 2.5 | -35.9% |
| Mexico | 16.0 | 1.5 | 1.1 | 2.3 | -47.6% |
| Cuba | N/A | 0.5 | 0.8 | 0.8 | 26.5% |
| Dominican Republic | 3.8 | 1.4 | N/A | 0.8 | -40.5% |
| United Arab Emirates | 1.5 | 0.5 | 0.4 | 0.4 | -35.6% |
| Others | 55.9 | 27.3 | 23.8 | 22.3 | -26.4% |
| Total | 317 | 114 | 105 | 110 | -29.7% |
Top Export Markets for Hand-Operated Spanners and Wrenches from Colombia in 2022:
- Peru (3.5 tons)
- Costa Rica (2.5 tons)
- Brazil (2.4 tons)
- Venezuela (1.6 tons)
- United States (1.5 tons)
- Ecuador (1.1 tons)
- Panama (0.8 tons)
- El Salvador (0.5 tons)
- United Arab Emirates (0.5 tons)
- Honduras (0.4 tons)
- Mexico (0.4 tons)
- Cuba (0.4 tons)
- Dominican Republic (0.2 tons)
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