Price for Hand-Operated Spanners and Wrenches in Hungary - 2023
Contents:
- Price for Hand-Operated Spanners and Wrenches in Hungary (CIF) - 2022
- Price for Hand-Operated Spanners and Wrenches in Hungary (FOB) - 2022
- Imports of Hand-Operated Spanners and Wrenches in Hungary
- Exports of Hand-Operated Spanners and Wrenches in Hungary
Price for Hand-Operated Spanners and Wrenches in Hungary (CIF) - 2022
In 2022, the average hand-operated spanners and wrenches import price amounted to $7,982 per ton, reducing by -3.6% against the previous year. Overall, the import price saw a pronounced descent. The pace of growth appeared the most rapid in 2016 when the average import price increased by 61% against the previous year. The import price peaked at $21,338 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($25,343 per ton), while the price for China ($3,869 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Hand-Operated Spanners and Wrenches in Hungary (FOB) - 2022
In 2022, the average hand-operated spanners and wrenches export price amounted to $12,936 per ton, reducing by -5% against the previous year. In general, the export price showed a noticeable curtailment. The pace of growth was the most pronounced in 2016 an increase of 55%. Over the period under review, the average export prices hit record highs at $31,096 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($26,492 per ton), while the average price for exports to Poland ($7,694 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 Croatia (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Hand-Operated Spanners and Wrenches in Hungary
For the fourth year in a row, Hungary recorded growth in supplies from abroad of hand-operated spanners and wrencheses, which increased by 3.2% to 1.9K tons in 2022. Overall, imports showed a significant increase. The growth pace was the most rapid in 2020 when imports increased by 98% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, hand-operated spanners and wrenches imports reduced slightly to $15M in 2022. The total import value increased at an average annual rate of +1.4% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 15%. As a result, imports reached the peak of $15M, leveling off in the following year.
Import of Hand-Operated Spanners and Wrenches in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 5.7 | 4.7 | 5.6 | 5.4 | -1.8% |
China | 1.8 | 2.9 | 3.4 | 3.6 | 26.0% |
Austria | 1.2 | 1.1 | 1.0 | 1.1 | -2.9% |
Taiwan (Chinese) | 0.8 | 0.8 | 0.9 | 1.0 | 7.7% |
Poland | 0.9 | 0.8 | 0.9 | 0.9 | 0.0% |
India | 0.3 | 0.2 | 0.2 | 0.4 | 10.1% |
Slovakia | 0.5 | 0.3 | 0.4 | 0.4 | -7.2% |
Others | 3.5 | 2.5 | 3.0 | 2.6 | -9.4% |
Total | 14.7 | 13.3 | 15.3 | 15.3 | 1.3% |
Top Suppliers of Hand-Operated Spanners and Wrenches to Hungary in 2022:
- China (917.9 tons)
- Germany (428.0 tons)
- Poland (118.8 tons)
- Austria (91.8 tons)
- India (68.1 tons)
- Taiwan (Chinese) (64.3 tons)
- Slovakia (49.2 tons)
Exports of Hand-Operated Spanners and Wrenches in Hungary
In 2022, exports of hand-operated spanners and wrencheses from Hungary reduced to 100 tons, waning by -13.2% on 2021. Overall, exports showed a perceptible curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 9.3% against the previous year. As a result, the exports reached the peak of 115 tons, and then shrank in the following year.
In value terms, hand-operated spanners and wrenches exports shrank dramatically to $1.3M in 2022. Over the period under review, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year.
Export of Hand-Operated Spanners and Wrenches in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 619 | 335 | 289 | 284 | -22.9% |
Germany | 118 | 95.2 | 180 | 209 | 21.0% |
Romania | 167 | 241 | 204 | 182 | 2.9% |
Austria | 68.8 | 89.5 | 107 | 135 | 25.2% |
Slovakia | 397 | 130 | 159 | 76.8 | -42.2% |
Italy | 53.0 | 8.2 | 53.5 | 70.1 | 9.8% |
Serbia | 33.5 | 57.5 | 76.0 | 68.6 | 27.0% |
Switzerland | 70.0 | 48.6 | 69.5 | 51.9 | -9.5% |
Czech Republic | 24.3 | 13.9 | 35.8 | 30.4 | 7.8% |
Others | 188 | 218 | 397 | 190 | 0.4% |
Total | 1,738 | 1,238 | 1,573 | 1,297 | -9.3% |
Top Export Markets for Hand-Operated Spanners and Wrenches from Hungary in 2022:
- Poland (36.9 tons)
- Romania (12.7 tons)
- Slovakia (9.8 tons)
- Austria (8.6 tons)
- Germany (7.9 tons)
- Serbia (7.6 tons)
- Italy (4.1 tons)
- Switzerland (2.7 tons)
- Czech Republic (2.2 tons)
This report provides an in-depth analysis of the interchangeable spanner socket market in Hungary.
This report provides an in-depth analysis of the hand tools market in Hungary.
This report provides an in-depth analysis of the manifold business form market in Hungary.
This report provides an in-depth analysis of the global interchangeable spanner socket market.
This report provides an in-depth analysis of the global hand tools market.
This report provides an in-depth analysis of the global manifold business form market.
This report provides an in-depth analysis of the interchangeable spanner socket market in Hungary.
This report provides an in-depth analysis of the global interchangeable spanner socket market.
Explore the top 10 countries with the highest import value for hand tools. Learn about the market statistics, key players, and trends in the industry. Find out how the IndexBox market intelligence platform can help you stay ahead in this competitive market.
Hand tool manufacture is gradually seeing a recovery, following the decline in 2020. The market is forecast to accelerate, due to the increased need for DIY and repair work and construction growth in terms of private homes.
In 2016, the global hand tools market amounted to $X in wholesale prices. This figure reflects the total revenue of producers and importers.
In value terms, hand-operated mechanical appliances imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicate...
In value terms, hand tools, two and more of heading imports amounted to $X in 2016. Overall, hand tools, two and more of heading imports continue to indicate a relatively flat trend pattern. Over t...
In value terms, files, rasps, pliers imports amounted to $X in 2016. Overall, files, rasps, pliers imports continue to indicate a relatively flat trend pattern. Global files, rasps, pliers import p...
In value terms, files, rasps, pliers exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable f...
In value terms, hand-operated mechanical appliances exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated s...
In value terms, hand tools, two and more of heading exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated som...
In 2016, the amount of hand tools imported worldwide totaled X tons, approximately reflecting the previous year level. The total import volume increased at an average annual rate of +X% from X>