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

Contents:

  1. Price for Tools, Hand; Other than Household Tools in Ukraine (CIF) - 2023
  2. Price for Tools, Hand; Other than Household Tools in Ukraine (FOB) - 2022
  3. Imports of Tools, Hand; Other than Household Tools in Ukraine
  4. Exports of Tools, Hand; Other than Household Tools in Ukraine

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

The average import price for tools, hand; other than household toolses stood at $5,025 per ton in October 2023, falling by -19.5% against the previous month. Over the period under review, the import price saw a slight descent. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 32% m-o-m. Over the period under review, average import prices attained the peak figure at $6,778 per ton in December 2022; however, from January 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 Poland ($6,389 per ton), while the price for China ($4,100 per ton) was amongst the lowest.

From November 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Poland (-0.5%), while the prices for the other major suppliers experienced a decline.

Price for Tools, Hand; Other than Household Tools in Ukraine (FOB) - 2022

The average export price for tools, hand; other than household toolses stood at $4,503 per ton in 2022, growing by 29% against the previous year. Over the period under review, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.8% 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 +17.5% against 2019 indices. The growth pace was the most rapid in 2019 when the average export price increased by 31%. The export price peaked at $4,724 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($24,537 per ton), while the average price for exports to Belarus ($2,222 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 Kazakhstan (+27.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, supplies from abroad of tools, hand; other than household toolses decreased by -43.1% to 1.7K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 8%. As a result, imports reached the peak of 2.9K tons, and then reduced notably in the following year.

In value terms, imports of tools, hand; other than household toolses declined rapidly to $9.8M in 2022. In general, imports showed a abrupt shrinkage. The growth pace was the most rapid in 2021 when imports increased by 17% against the previous year. As a result, imports attained the peak of $15M, and then dropped rapidly in the following year.

Import of Tools, Hand; Other than Household Tools in Ukraine (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.66.87.55.8-4.2%
Taiwan (Chinese)1.11.31.61.22.9%
Poland1.01.72.01.13.2%
India0.40.20.50.2-20.6%
Russia0.40.40.3N/A-13.4%
Others2.52.12.71.5-15.7%
Total11.912.614.69.8-6.3%

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

  1. China (1228.1 tons)
  2. Poland (186.7 tons)
  3. Taiwan (Chinese) (138.1 tons)
  4. India (52.7 tons)
  5. Russia (5.8 tons)

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

For the third consecutive year, Ukraine recorded decline in overseas shipments of tools, hand; other than household toolses, which decreased by -9.5% to 198 tons in 2022. Overall, exports continue to indicate a abrupt contraction. The smallest decline of -4.9% was in 2021.

In value terms, exports of tools, hand; other than household toolses surged to $890K in 2022. Over the period under review, exports showed a pronounced descent.

Export of Tools, Hand; Other than Household Tools in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland11393.816345058.5%
Moldova39.854.671.050.07.9%
Lithuania20.429.835.942.527.7%
Russia27838128535.4-49.7%
Georgia28.713.913.819.5-12.1%
Belarus22.825.238.02.4-52.8%
Others485151155291-15.7%
Total988749762890-3.4%

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

  1. Poland (153.6 tons)
  2. Russia (10.1 tons)
  3. Moldova (8.3 tons)
  4. Lithuania (6.3 tons)
  5. Georgia (4.5 tons)
  6. Belarus (1.1 tons)

Source: IndexBox Market Intelligence Platform

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