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

Contents:

  1. Price for Tools, Hand; Other than Household Tools in Germany (FOB) - 2023
  2. Price for Tools, Hand; Other than Household Tools in Germany (CIF) - 2023
  3. Exports of Tools, Hand; Other than Household Tools in Germany
  4. Imports of Tools, Hand; Other than Household Tools in Germany

Price for Tools, Hand; Other than Household Tools in Germany (FOB) - 2023

In October 2023, the average export price for tools, hand; other than household toolses amounted to $53,154 per ton, picking up by 56% against the previous month. In general, export price indicated a resilient increase from October 2022 to October 2023: its price increased at an average monthly rate of +6.2% 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, export price for tools, hand; other than household toolses increased by +88.2% against August 2023 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was the United Arab Emirates ($130K per ton), while the average price for exports to Saudi Arabia ($14,212 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 Japan (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Tools, Hand; Other than Household Tools in Germany (CIF) - 2023

The average import price for tools, hand; other than household toolses stood at $10,931 per ton in October 2023, waning by -19.7% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in July 2023 when the average import price increased by 21% m-o-m. Over the period under review, average import prices attained the peak figure at $16,476 per ton in March 2023; however, from April 2023 to October 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the United States ($73,482 per ton), while the price for China ($6,078 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 Austria (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, exports of tools, hand; other than household toolses from Germany dropped to 15K tons, falling by -6% against 2021 figures. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 10%. As a result, the exports reached the peak of 15K tons, and then shrank in the following year.

In value terms, exports of tools, hand; other than household toolses reduced to $374M in 2022. Overall, exports recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 15% against the previous year.

Export of Tools, Hand; Other than Household Tools in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France33.430.338.234.00.6%
United States32.326.631.131.3-1.0%
Austria25.625.128.928.53.6%
Netherlands23.224.027.426.24.1%
Poland15.917.721.520.07.9%
United Kingdom21.418.820.018.7-4.4%
Switzerland17.616.018.316.7-1.7%
Italy15.413.918.015.70.6%
Belgium18.014.116.214.8-6.3%
Spain13.712.014.114.31.4%
Czech Republic12.813.014.512.3-1.3%
Sweden11.39.49.58.6-8.7%
Hungary6.15.96.56.62.7%
Others150118131126-5.6%
Total397345395374-2.0%

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

  1. Netherlands (1.6K tons)
  2. France (1.4K tons)
  3. Austria (1.4K tons)
  4. Poland (1.3K tons)
  5. Czech Republic (0.8K tons)
  6. Italy (0.7K tons)
  7. Switzerland (0.6K tons)
  8. Belgium (0.6K tons)
  9. Spain (0.6K tons)
  10. United States (0.4K tons)
  11. United Kingdom (0.4K tons)
  12. Hungary (0.4K tons)
  13. Sweden (0.3K tons)

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

Imports of tools, hand; other than household toolses into Germany shrank slightly to 25K tons in 2022, reducing by -3% on the previous year's figure. The total import volume increased at an average annual rate of +5.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 22%. As a result, imports reached the peak of 26K tons, and then reduced modestly in the following year.

In value terms, imports of tools, hand; other than household toolses reduced modestly to $282M in 2022. The total import value increased at an average annual rate of +4.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 22%. As a result, imports attained the peak of $286M, and then declined slightly in the following year.

Import of Tools, Hand; Other than Household Tools in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China57.543.059.261.62.3%
Taiwan (Chinese)23.619.529.129.88.1%
Netherlands6.121.924.829.468.9%
France25.023.023.822.1-4.0%
Austria13.819.825.021.916.6%
Poland14.117.022.218.69.7%
Italy13.914.415.514.82.1%
Czech Republic8.79.713.011.49.4%
Sweden6.15.06.65.5-3.4%
Others78.661.067.166.8-5.3%
Total2472352862824.5%

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

  1. China (10.7K tons)
  2. Netherlands (4.3K tons)
  3. Taiwan (Chinese) (1.9K tons)
  4. Poland (1.6K tons)
  5. Austria (0.9K tons)
  6. Italy (0.8K tons)
  7. Czech Republic (0.8K tons)
  8. France (0.8K tons)
  9. Sweden (0.4K tons)

Source: IndexBox Market Intelligence Platform

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