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

Contents:

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

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

In October 2023, the average import price for tools, hand; other than household toolses amounted to $4,950 per ton, reducing by -32.3% against the previous month. Overall, the import price showed a pronounced descent. The most prominent rate of growth was recorded in August 2023 an increase of 10% against the previous month. The import price peaked at $9,406 per ton in April 2023; however, from May 2023 to October 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($18,566 per ton), while the price for China stood at $3,979 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In October 2023, the average export price for tools, hand; other than household toolses amounted to $9,637 per ton, falling by -10.9% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 10% m-o-m. Over the period under review, the average export prices hit record highs at $11,666 per ton in February 2023; however, from March 2023 to October 2023, the export prices failed to regain momentum.

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 States ($37,122 per ton), while the average price for exports to Egypt ($4,763 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 Moldova (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, after three years of growth, there was decline in supplies from abroad of tools, hand; other than household toolses, when their volume decreased by -3.3% to 11K tons. The total import volume increased at an average annual rate of +7.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 20%. As a result, imports reached the peak of 11K tons, and then declined slightly in the following year.

In value terms, imports of tools, hand; other than household toolses fell to $85M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +12.4% 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 +41.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year. As a result, imports attained the peak of $91M, and then reduced in the following year.

Import of Tools, Hand; Other than Household Tools in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China27.126.539.140.514.3%
Germany12.622.825.720.818.2%
Taiwan (Chinese)5.23.75.85.73.1%
France2.02.74.83.520.5%
India1.00.61.11.00.0%
Others12.213.514.313.73.9%
Total60.069.790.885.212.4%

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

  1. China (8.0K tons)
  2. Germany (1.2K tons)
  3. Taiwan (Chinese) (0.4K tons)
  4. India (0.2K tons)
  5. France (0.2K tons)

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

In 2022, the amount of tools, hand; other than household toolses exported from Poland dropped to 6.6K tons, declining by -14.6% compared with the previous year's figure. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 17%. As a result, the exports reached the peak of 7.8K tons, and then dropped in the following year.

In value terms, exports of tools, hand; other than household toolses fell significantly to $69M in 2022. Over the period under review, exports continue to indicate a mild decline. The most prominent rate of growth was recorded in 2021 when exports increased by 46% against the previous year. As a result, the exports attained the peak of $83M, and then fell rapidly in the following year.

Export of Tools, Hand; Other than Household Tools in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany27.115.726.217.7-13.2%
Romania4.14.75.35.28.2%
Czech Republic3.53.64.94.47.9%
United Kingdom4.43.03.84.0-3.1%
Hungary2.02.22.82.57.7%
Ukraine2.53.03.62.3-2.7%
Russia2.93.24.12.3-7.4%
Belarus1.81.92.01.80.0%
Lithuania1.41.61.81.88.7%
Slovakia1.11.31.71.715.6%
Bulgaria0.80.91.31.420.5%
Latvia1.11.21.11.22.9%
Moldova0.40.50.70.720.5%
Others20.213.923.422.33.4%
Total73.356.782.769.5-1.8%

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

  1. Germany (1170.7 tons)
  2. Romania (819.1 tons)
  3. Czech Republic (508.6 tons)
  4. United Kingdom (322.9 tons)
  5. Ukraine (320.7 tons)
  6. Hungary (299.8 tons)
  7. Belarus (294.4 tons)
  8. Russia (270.3 tons)
  9. Lithuania (238.2 tons)
  10. Slovakia (219.9 tons)
  11. Bulgaria (167.6 tons)
  12. Latvia (165.1 tons)
  13. Moldova (158.6 tons)

Source: IndexBox Market Intelligence Platform

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