Price for Tools, Hand; Other than Household Tools in Italy - 2023
Contents:
- Price for Tools, Hand; Other than Household Tools in Italy (FOB) - 2022
- Price for Tools, Hand; Other than Household Tools in Italy (CIF) - 2022
- Exports of Tools, Hand; Other than Household Tools in Italy
- Imports of Tools, Hand; Other than Household Tools in Italy
Price for Tools, Hand; Other than Household Tools in Italy (FOB) - 2022
In 2022, the average export price for tools, hand; other than household toolses amounted to $21,458 per ton, surging by 14% against the previous year. Over the period under review, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for tools, hand; other than household toolses increased by +78.8% against 2016 indices. The most prominent rate of growth was recorded in 2018 an increase of 16% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($37,352 per ton), while the average price for exports to Switzerland ($7,675 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 Spain (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tools, Hand; Other than Household Tools in Italy (CIF) - 2022
The average import price for tools, hand; other than household toolses stood at $9,615 per ton in 2022, reducing by -12% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average import price increased by 15% against the previous year. Over the period under review, average import prices hit record highs at $11,443 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($18,640 per ton), while the price for India ($5,035 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tools, Hand; Other than Household Tools in Italy
In 2022, the amount of tools, hand; other than household toolses exported from Italy fell significantly to 3.9K tons, waning by -17.4% against 2021. Over the period under review, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 7.2% against the previous year.
In value terms, exports of tools, hand; other than household toolses fell to $84M in 2022. In general, exports continue to indicate a perceptible slump. The most prominent rate of growth was recorded in 2021 with an increase of 17%.
| Export of Tools, Hand; Other than Household Tools in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 15.6 | 13.4 | 15.4 | 13.6 | -4.5% |
| France | 9.9 | 9.3 | 13.4 | 11.6 | 5.4% |
| United States | 8.5 | 5.8 | 7.5 | 7.2 | -5.4% |
| Spain | 4.3 | 3.3 | 4.6 | 4.6 | 2.3% |
| United Kingdom | 4.4 | 3.0 | 3.1 | 3.9 | -3.9% |
| Poland | 3.0 | 3.6 | 3.1 | 3.6 | 6.3% |
| Switzerland | 2.7 | 3.0 | 3.7 | 3.2 | 5.8% |
| Netherlands | 1.3 | 1.4 | 1.9 | 2.0 | 15.4% |
| Saudi Arabia | 1.1 | 1.9 | 2.1 | 1.8 | 17.8% |
| Belgium | 1.5 | 1.4 | 1.9 | 1.8 | 6.3% |
| Romania | 1.7 | 1.5 | 1.7 | 1.5 | -4.1% |
| Israel | 2.1 | 1.3 | 1.0 | 1.2 | -17.0% |
| Tunisia | 0.5 | 0.5 | 0.8 | 0.8 | 17.0% |
| Others | 36.8 | 27.0 | 29.6 | 27.4 | -9.4% |
| Total | 93.2 | 76.4 | 89.8 | 84.2 | -3.3% |
Top Export Markets for Tools, Hand; Other than Household Tools from Italy in 2022:
- France (611.6 tons)
- Switzerland (421.9 tons)
- Germany (409.3 tons)
- United States (293.5 tons)
- Spain (191.4 tons)
- Romania (140.4 tons)
- Poland (110.4 tons)
- Saudi Arabia (109.0 tons)
- United Kingdom (103.2 tons)
- Belgium (76.6 tons)
- Tunisia (73.6 tons)
- Netherlands (69.7 tons)
- Israel (65.5 tons)
Imports of Tools, Hand; Other than Household Tools in Italy
In 2022, approx. 7.2K tons of tools, hand; other than household toolses were imported into Italy; jumping by 27% on the previous year. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +6.7% 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 +57.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of tools, hand; other than household toolses rose notably to $69M in 2022. The total import value increased at an average annual rate of +1.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.
| Import of Tools, Hand; Other than Household Tools in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 11.4 | 10.6 | 16.6 | 19.4 | 19.4% |
| Germany | 14.0 | 10.9 | 13.2 | 13.7 | -0.7% |
| Taiwan (Chinese) | 4.8 | 4.5 | 5.7 | 6.0 | 7.7% |
| France | 8.0 | 5.2 | 3.9 | 4.4 | -18.1% |
| Netherlands | 1.2 | 1.6 | 2.4 | 3.2 | 38.7% |
| Austria | 5.8 | 1.7 | 2.3 | 2.5 | -24.5% |
| Spain | 3.1 | 1.2 | 1.5 | 2.3 | -9.5% |
| India | 1.0 | 0.8 | 1.4 | 1.1 | 3.2% |
| Hungary | 0.4 | N/A | 0.1 | 0.8 | 26.0% |
| Turkey | 0.4 | 0.4 | 0.8 | 0.6 | 14.5% |
| Others | 16.3 | 9.5 | 13.8 | 14.9 | -2.9% |
| Total | 66.4 | 46.5 | 61.8 | 68.8 | 1.2% |
Top Suppliers of Tools, Hand; Other than Household Tools to Italy in 2022:
- China (3324.0 tons)
- Germany (1420.3 tons)
- Taiwan (Chinese) (387.3 tons)
- Spain (318.9 tons)
- France (300.1 tons)
- Netherlands (232.5 tons)
- India (215.4 tons)
- Austria (135.3 tons)
- Turkey (118.5 tons)
- Hungary (112.2 tons)
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