Price for Tools, Hand; Other than Household Tools in Argentina - 2023

Contents:

  1. Price for Tools, Hand; Other than Household Tools in Argentina (CIF) - 2022
  2. Price for Tools, Hand; Other than Household Tools in Argentina (FOB) - 2022
  3. Imports of Tools, Hand; Other than Household Tools in Argentina
  4. Exports of Tools, Hand; Other than Household Tools in Argentina

Price for Tools, Hand; Other than Household Tools in Argentina (CIF) - 2022

In 2022, the average import price for tools, hand; other than household toolses amounted to $9,224 per ton, rising by 13% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The pace of growth appeared the most rapid in 2013 when the average import price increased by 31% against the previous year. Over the period under review, average import prices hit record highs at $11,213 per ton in 2015; however, from 2016 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 the United States ($77,181 per ton), while the price for China ($6,434 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tools, Hand; Other than Household Tools in Argentina (FOB) - 2022

In 2022, the average export price for tools, hand; other than household toolses amounted to $8,016 per ton, remaining relatively unchanged against the previous year. Overall, the export price saw a deep downturn. The pace of growth was the most pronounced in 2015 when the average export price increased by 37% against the previous year. As a result, the export price attained the peak level of $24,399 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($27,648 per ton), while the average price for exports to Uruguay ($4,925 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 Cuba (+27.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tools, Hand; Other than Household Tools in Argentina

After three years of growth, overseas purchases of tools, hand; other than household toolses decreased by -3.2% to 1.6K tons in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +18.6% 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 +66.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 51% against the previous year. As a result, imports attained the peak of 1.6K tons, and then declined slightly in the following year.

In value terms, imports of tools, hand; other than household toolses rose markedly to $15M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 61%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Tools, Hand; Other than Household Tools in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.24.58.38.928.4%
United States1.91.01.01.3-11.9%
Taiwan (Chinese)0.40.60.90.826.0%
Brazil0.30.40.60.732.6%
India0.20.10.20.314.5%
Others2.51.72.32.61.3%
Total9.68.313.314.615.0%

Top Suppliers of Tools, Hand; Other than Household Tools to Argentina in 2022:

  1. China (1381.3 tons)
  2. Taiwan (Chinese) (44.5 tons)
  3. Brazil (39.5 tons)
  4. India (34.2 tons)
  5. United States (16.3 tons)

Exports of Tools, Hand; Other than Household Tools in Argentina

In 2022, exports of tools, hand; other than household toolses from Argentina skyrocketed to 23 tons, rising by 27% against the previous year. Over the period under review, exports, however, continue to indicate a noticeable decline.

In value terms, exports of tools, hand; other than household toolses surged to $183K in 2022. In general, exports, however, saw a abrupt setback.

Export of Tools, Hand; Other than Household Tools in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uruguay85.362.070.284.9-0.2%
United States28.69.58.628.60.0%
Bolivia19.012.57.316.4-4.8%
SpainN/AN/AN/A15.30%
Paraguay33.121.431.214.4-24.2%
Chile12.036.61.913.54.0%
Brazil41.719.421.45.8-48.2%
Others12.716.14.94.5-29.2%
Total233178145183-7.7%

Top Export Markets for Tools, Hand; Other than Household Tools from Argentina in 2022:

  1. Uruguay (17.2 tons)
  2. Paraguay (1.7 tons)
  3. Spain (1.3 tons)
  4. United States (1.1 tons)
  5. Bolivia (0.6 tons)
  6. Chile (0.5 tons)
  7. Brazil (0.2 tons)

Source: IndexBox Market Intelligence Platform

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