Price for Tools, Hand; Other than Household Tools in Romania - 2023
Contents:
- Price for Tools, Hand; Other than Household Tools in Romania (CIF) - 2023
- Price for Tools, Hand; Other than Household Tools in Romania (FOB) - 2022
- Imports of Tools, Hand; Other than Household Tools in Romania
- Exports of Tools, Hand; Other than Household Tools in Romania
Price for Tools, Hand; Other than Household Tools in Romania (CIF) - 2023
In October 2023, the average import price for tools, hand; other than household toolses amounted to $5,787 per ton, waning by -30.5% against the previous month. In general, the import price showed a noticeable setback. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 50% against the previous month. As a result, import price reached the peak level of $12,661 per ton. From January 2023 to October 2023, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In October 2023, the country with the highest price was Switzerland ($6,395 per ton), while the price for Turkey ($4,950 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 Switzerland (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tools, Hand; Other than Household Tools in Romania (FOB) - 2022
The average export price for tools, hand; other than household toolses stood at $7,250 per ton in 2022, falling by -30.8% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 372% against the previous year. As a result, the export price reached the peak level of $33,344 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($26,234 per ton), while the average price for exports to Hungary ($4,857 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 Finland (+21.6%), while the prices for the other major destinations experienced a decline.
Imports of Tools, Hand; Other than Household Tools in Romania
In 2022, supplies from abroad of tools, hand; other than household toolses decreased by -7% to 4.1K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +9.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 28% against the previous year. As a result, imports attained the peak of 4.4K tons, and then declined in the following year.
In value terms, imports of tools, hand; other than household toolses shrank modestly to $29M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +11.8% 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 +39.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 32%. As a result, imports reached the peak of $30M, and then fell modestly in the following year.
| Import of Tools, Hand; Other than Household Tools in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 6.0 | 5.9 | 7.2 | 6.5 | 2.7% |
| Poland | 3.8 | 4.9 | 6.3 | 6.3 | 18.4% |
| China | 3.8 | 3.6 | 5.9 | 5.0 | 9.6% |
| Italy | 1.4 | 1.6 | 2.2 | 1.7 | 6.7% |
| Austria | 1.1 | 1.3 | 1.5 | 1.6 | 13.3% |
| France | 0.7 | 0.9 | 1.6 | 1.5 | 28.9% |
| Bulgaria | 0.8 | 0.6 | 0.5 | 0.7 | -4.4% |
| Others | 3.2 | 3.5 | 4.4 | 5.8 | 21.9% |
| Total | 20.8 | 22.4 | 29.6 | 29.1 | 11.8% |
Top Suppliers of Tools, Hand; Other than Household Tools to Romania in 2022:
- China (1075.7 tons)
- Poland (985.1 tons)
- Germany (769.5 tons)
- Italy (338.7 tons)
- Austria (242.3 tons)
- France (148.7 tons)
- Bulgaria (82.9 tons)
Exports of Tools, Hand; Other than Household Tools in Romania
In 2022, approx. 393 tons of tools, hand; other than household toolses were exported from Romania; jumping by 72% compared with 2021 figures. Overall, exports saw a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of tools, hand; other than household toolses soared to $2.9M in 2022. Over the period under review, exports, however, continue to indicate a perceptible contraction.
| Export of Tools, Hand; Other than Household Tools in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 622 | 529 | 450 | 1,153 | 22.8% |
| France | 354 | 281 | 535 | 374 | 1.8% |
| Bulgaria | 1,160 | 455 | 255 | 355 | -32.6% |
| Poland | 7.7 | 73.2 | 169 | 202 | 197.1% |
| Moldova | 70.4 | 59.3 | 78.2 | 89.1 | 8.2% |
| Spain | 45.6 | 37.3 | 62.8 | 40.8 | -3.6% |
| Others | 998 | 751 | 845 | 636 | -13.9% |
| Total | 3,259 | 2,186 | 2,394 | 2,851 | -4.4% |
Top Export Markets for Tools, Hand; Other than Household Tools from Romania in 2022:
- Hungary (237.5 tons)
- France (61.4 tons)
- Bulgaria (35.7 tons)
- Poland (26.0 tons)
- Moldova (7.9 tons)
- Spain (6.3 tons)
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