Price for Tools, Hand; Other than Household Tools in Estonia - 2023
Contents:
- Price for Tools, Hand; Other than Household Tools in Estonia (CIF) - 2023
- Price for Tools, Hand; Other than Household Tools in Estonia (FOB) - 2023
- Imports of Tools, Hand; Other than Household Tools in Estonia
- Exports of Tools, Hand; Other than Household Tools in Estonia
Price for Tools, Hand; Other than Household Tools in Estonia (CIF) - 2023
The average import price for tools, hand; other than household toolses stood at $12,829 per ton in October 2023, with a decrease of -9.7% against the previous month. In general, import price indicated a perceptible expansion from October 2022 to October 2023: its price increased at an average monthly rate of +2.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for tools, hand; other than household toolses decreased by -30.3% against July 2023 indices. The growth pace was the most rapid in July 2023 an increase of 158% m-o-m. As a result, import price reached the peak level of $18,403 per ton. From August 2023 to October 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Greece ($43,424 per ton), while the price for Mexico ($2,411 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Greece (+30.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tools, Hand; Other than Household Tools in Estonia (FOB) - 2023
In October 2023, the average export price for tools, hand; other than household toolses amounted to $16,940 per ton, rising by 14% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in August 2023 when the average export price increased by 49% against the previous month. Over the period under review, the average export prices reached the peak figure at $20,638 per ton in June 2023; however, from July 2023 to October 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Russia ($136K per ton), while the average price for exports to Moldova ($3,617 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tools, Hand; Other than Household Tools in Estonia
For the fourth consecutive year, Estonia recorded growth in overseas purchases of tools, hand; other than household toolses, which increased by 1.7% to 1.4K tons in 2022. Overall, imports showed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 68% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of tools, hand; other than household toolses contracted to $15M in 2022. In general, imports saw a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 88% against the previous year. As a result, imports attained the peak of $17M, and then reduced in the following year.
| Import of Tools, Hand; Other than Household Tools in Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 0.3 | 1.9 | 6.0 | 6.0 | 171.4% |
| Germany | 0.8 | 4.1 | 7.0 | 5.8 | 93.5% |
| China | 1.2 | 0.7 | 0.8 | 0.9 | -9.1% |
| Poland | 0.3 | 0.3 | 0.4 | 0.4 | 10.1% |
| Latvia | N/A | 0.3 | 0.5 | 0.4 | 15.5% |
| Italy | 0.7 | 0.6 | 0.4 | 0.3 | -24.6% |
| Lithuania | 0.1 | 0.2 | 0.2 | 0.2 | 26.0% |
| Others | 3.0 | 0.9 | 1.8 | 1.5 | -20.6% |
| Total | 6.4 | 9.1 | 17.1 | 15.3 | 33.7% |
Top Suppliers of Tools, Hand; Other than Household Tools to Estonia in 2022:
- Finland (589.0 tons)
- Germany (423.6 tons)
- China (207.8 tons)
- Latvia (43.4 tons)
- Poland (41.7 tons)
- Lithuania (17.3 tons)
- Italy (11.4 tons)
Exports of Tools, Hand; Other than Household Tools in Estonia
For the fourth consecutive year, Estonia recorded growth in shipments abroad of tools, hand; other than household toolses, which increased by 10% to 472 tons in 2022. Over the period under review, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 107%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of tools, hand; other than household toolses expanded remarkably to $6.5M in 2022. Overall, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 85%. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Tools, Hand; Other than Household Tools in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 45.0 | 261 | 2,883 | 3,220 | 315.2% |
| Canada | 50.1 | 562 | 499 | 713 | 142.3% |
| Finland | 389 | 684 | 765 | 700 | 21.6% |
| Russia | 246 | 240 | 265 | 463 | 23.5% |
| Lithuania | 183 | 175 | 404 | 434 | 33.4% |
| Latvia | 286 | 267 | 347 | 315 | 3.3% |
| Germany | 147 | 249 | 162 | 179 | 6.8% |
| Others | 498 | 787 | 637 | 500 | 0.1% |
| Total | 1,844 | 3,226 | 5,962 | 6,524 | 52.4% |
Top Export Markets for Tools, Hand; Other than Household Tools from Estonia in 2022:
- United States (276.4 tons)
- Canada (66.0 tons)
- Finland (29.3 tons)
- Lithuania (27.3 tons)
- Russia (22.2 tons)
- Latvia (18.8 tons)
- Germany (7.4 tons)
110
This report provides an in-depth analysis of the blow lamp market in Estonia.
154
This report provides an in-depth analysis of the market for hand-operated drilling, threading or tapping tool in Estonia.
140
This report provides an in-depth analysis of the metal hammer market in Estonia.
106
This report provides an in-depth analysis of the household hand tools market in Estonia.
155
This report provides an in-depth analysis of the gouges and chisels market in Estonia.
135
This report provides an in-depth analysis of the screwdriver market in Estonia.
144
This report provides an in-depth analysis of the vices and clamps market in Estonia.
487
This report provides an in-depth analysis of the hand tools market in Estonia.
87
This report provides an in-depth analysis of the market for stamp and photo collection album in Estonia.
581
This report provides an in-depth analysis of the global blow lamp market.
55
The global screwdriver market is expected to see continuous growth over the next seven years, with an anticipated increase in both volume and value. By 2030, the market volume is projected to reach 199K tons, while the market value is expected to hit $2B.
507
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.
1098
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.
2717
In 2016, the global hand tools market amounted to $X in wholesale prices. This figure reflects the total revenue of producers and importers.
746
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...
712
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...
700
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...
727
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...
711
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...
739
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...
