Price for Tools, Hand; Other than Household Tools in the Netherlands - 2023
Contents:
- Price for Tools, Hand; Other than Household Tools in the Netherlands (CIF) - 2023
- Price for Tools, Hand; Other than Household Tools in the Netherlands (FOB) - 2023
- Imports of Tools, Hand; Other than Household Tools in the Netherlands
- Exports of Tools, Hand; Other than Household Tools in the Netherlands
Price for Tools, Hand; Other than Household Tools in the Netherlands (CIF) - 2023
In October 2023, the average import price for tools, hand; other than household toolses amounted to $8,782 per ton, which is down by -7.7% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in February 2023 when the average import price increased by 134% against the previous month. Over the period under review, average import prices reached the peak figure at $11,806 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) ($15,159 per ton), while the price for China ($5,494 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 Germany (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tools, Hand; Other than Household Tools in the Netherlands (FOB) - 2023
In October 2023, the average export price for tools, hand; other than household toolses amounted to $34,284 per ton, surging by 213% against the previous month. Overall, the export price recorded a prominent expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($73,147 per ton), while the average price for exports to Ghana ($702 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 Switzerland (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tools, Hand; Other than Household Tools in the Netherlands
For the fourth consecutive year, the Netherlands recorded growth in supplies from abroad of tools, hand; other than household toolses, which increased by 15% to 17K tons in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.8% 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 +76.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 42%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of tools, hand; other than household toolses stood at $166M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +15.6% 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 +54.5% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 31% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Tools, Hand; Other than Household Tools in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 15.5 | 28.5 | 41.8 | 48.9 | 46.7% |
| Germany | 28.5 | 31.3 | 46.8 | 30.6 | 2.4% |
| Taiwan (Chinese) | 6.2 | 10.5 | 13.1 | 16.7 | 39.1% |
| Slovenia | 2.0 | 1.8 | 2.3 | 12.6 | 84.7% |
| Belgium | 7.6 | 9.5 | 11.4 | 12.0 | 16.4% |
| France | 6.9 | 5.3 | 6.3 | 5.0 | -10.2% |
| United Kingdom | 11.0 | 10.7 | 4.4 | 3.6 | -31.1% |
| Czech Republic | 1.0 | 1.0 | 1.5 | 1.2 | 6.3% |
| Others | 28.5 | 26.4 | 36.3 | 35.0 | 7.1% |
| Total | 107 | 125 | 164 | 166 | 15.8% |
Top Suppliers of Tools, Hand; Other than Household Tools to the Netherlands in 2022:
- China (10.0K tons)
- Germany (2.2K tons)
- Belgium (1.5K tons)
- Taiwan (Chinese) (1.1K tons)
- Slovenia (0.4K tons)
- Czech Republic (0.3K tons)
- France (0.2K tons)
- United Kingdom (0.1K tons)
Exports of Tools, Hand; Other than Household Tools in the Netherlands
For the fourth year in a row, the Netherlands recorded growth in overseas shipments of tools, hand; other than household toolses, which increased by 16% to 14K tons in 2022. Over the period under review, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +27.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +107.9% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 53% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of tools, hand; other than household toolses rose significantly to $138M in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +15.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.
| Export of Tools, Hand; Other than Household Tools in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 15.7 | 29.1 | 34.4 | 44.5 | 41.5% |
| Belgium | 24.2 | 22.3 | 27.5 | 29.6 | 6.9% |
| France | 5.5 | 8.6 | 10.7 | 10.7 | 24.8% |
| United Kingdom | 3.9 | 3.8 | 3.7 | 4.0 | 0.8% |
| Italy | 1.5 | 2.8 | 3.0 | 3.8 | 36.3% |
| Spain | 1.5 | 2.2 | 2.9 | 3.7 | 35.1% |
| Poland | 1.1 | 1.6 | 2.0 | 2.3 | 27.9% |
| Portugal | 0.3 | 1.6 | 2.5 | 2.1 | 91.3% |
| Others | 35.9 | 27.2 | 35.0 | 37.1 | 1.1% |
| Total | 89.6 | 99.0 | 122 | 138 | 15.5% |
Top Export Markets for Tools, Hand; Other than Household Tools from the Netherlands in 2022:
- Germany (6.8K tons)
- Belgium (2.3K tons)
- France (1.9K tons)
- Italy (0.3K tons)
- Portugal (0.3K tons)
- Poland (0.3K tons)
- Spain (0.3K tons)
- United Kingdom (0.1K tons)
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