Price for Tools, Hand; Other than Household Tools in Spain - 2023
Contents:
- Price for Tools, Hand; Other than Household Tools in Spain (CIF) - 2023
- Price for Tools, Hand; Other than Household Tools in Spain (FOB) - 2022
- Imports of Tools, Hand; Other than Household Tools in Spain
- Exports of Tools, Hand; Other than Household Tools in Spain
Price for Tools, Hand; Other than Household Tools in Spain (CIF) - 2023
The average import price for tools, hand; other than household toolses stood at $10,287 per ton in October 2023, picking up by 119% against the previous month. Over the period under review, the import price recorded pronounced growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was France ($29,469 per ton), while the price for Portugal ($3,390 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 Belgium (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tools, Hand; Other than Household Tools in Spain (FOB) - 2022
In 2022, the average export price for tools, hand; other than household toolses amounted to $10,401 per ton, reducing by -13.1% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 14%. Over the period under review, the average export prices attained the maximum at $11,966 per ton in 2021, and then reduced in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($25,370 per ton), while the average price for exports to Senegal ($1,529 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 the UK (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tools, Hand; Other than Household Tools in Spain
For the fourth consecutive year, Spain recorded growth in purchases abroad of tools, hand; other than household toolses, which increased by 1.2% to 17K tons in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +19.1% 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 +69.1% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 59%. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of tools, hand; other than household toolses expanded sharply to $108M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +15.8% 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 +62.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 51% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Import of Tools, Hand; Other than Household Tools in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 14.7 | 13.6 | 27.7 | 23.4 | 16.8% |
| Germany | 12.3 | 12.6 | 14.9 | 22.8 | 22.8% |
| France | 11.3 | 12.6 | 18.3 | 19.6 | 20.2% |
| Italy | 8.5 | 7.2 | 9.4 | 9.3 | 3.0% |
| Taiwan (Chinese) | 5.5 | 4.3 | 6.7 | 6.6 | 6.3% |
| Belgium | 1.1 | 1.4 | 3.8 | 5.7 | 73.0% |
| Netherlands | 1.3 | 1.7 | 2.3 | 3.8 | 43.0% |
| Portugal | 1.6 | 1.6 | 3.7 | 2.5 | 16.0% |
| Others | 13.4 | 11.7 | 14.2 | 14.6 | 2.9% |
| Total | 69.8 | 66.7 | 101 | 108 | 15.7% |
Top Suppliers of Tools, Hand; Other than Household Tools to Spain in 2022:
- Italy (4.0K tons)
- China (3.9K tons)
- France (2.7K tons)
- Germany (2.6K tons)
- Portugal (1.4K tons)
- Belgium (0.9K tons)
- Netherlands (0.4K tons)
- Taiwan (Chinese) (0.4K tons)
Exports of Tools, Hand; Other than Household Tools in Spain
Exports of tools, hand; other than household toolses from Spain totaled 5.1K tons in 2022, picking up by 2.8% against 2021. The total export volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 18%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of tools, hand; other than household toolses fell to $53M in 2022. The total export value increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 22%. As a result, the exports attained the peak of $60M, and then contracted in the following year.
| Export of Tools, Hand; Other than Household Tools in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 7.3 | 8.9 | 10.5 | 9.8 | 10.3% |
| Portugal | 8.0 | 7.7 | 8.9 | 6.7 | -5.7% |
| Germany | 2.7 | 3.0 | 5.2 | 5.6 | 27.5% |
| Italy | 1.5 | 2.7 | 3.1 | 3.7 | 35.1% |
| Cuba | 5.1 | 2.7 | 3.8 | 3.7 | -10.1% |
| United Kingdom | 1.7 | 1.7 | 2.7 | 2.5 | 13.7% |
| United States | 3.1 | 2.7 | 3.7 | 2.2 | -10.8% |
| Netherlands | 1.9 | 2.2 | 2.9 | 2.1 | 3.4% |
| Mexico | 1.6 | 1.1 | 1.6 | 2.0 | 7.7% |
| Morocco | 2.9 | 1.7 | 1.3 | 1.7 | -16.3% |
| Andorra | 1.1 | 1.0 | 0.9 | 0.9 | -6.5% |
| Sweden | 1.0 | 0.3 | 0.3 | 0.3 | -33.1% |
| Senegal | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 12.8 | 13.5 | 14.6 | 11.8 | -2.7% |
| Total | 50.8 | 49.0 | 59.7 | 53.4 | 1.7% |
Top Export Markets for Tools, Hand; Other than Household Tools from Spain in 2022:
- France (1143.6 tons)
- Portugal (904.8 tons)
- Italy (406.2 tons)
- Germany (271.4 tons)
- Mexico (249.6 tons)
- Cuba (248.2 tons)
- Morocco (241.8 tons)
- Netherlands (208.1 tons)
- United Kingdom (99.0 tons)
- United States (91.8 tons)
- Senegal (87.1 tons)
- Andorra (80.5 tons)
- Sweden (23.8 tons)
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