Price for Agriculture or Forestry Hand Tools in Slovakia - 2023
Contents:
- Price for Agriculture or Forestry Hand Tools in Slovakia (CIF) - 2023
- Price for Agriculture or Forestry Hand Tools in Slovakia (FOB) - 2023
- Imports of Agriculture or Forestry Hand Tools in Slovakia
- Exports of Agriculture or Forestry Hand Tools in Slovakia
Price for Agriculture or Forestry Hand Tools in Slovakia (CIF) - 2023
In June 2023, the average import price for agriculture or forestry hand toolses amounted to $6,250 per ton, shrinking by -7.1% against the previous month. Over the period under review, the import price showed a perceptible decline. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 24% m-o-m. The import price peaked at $10,418 per ton in April 2023; however, from May 2023 to June 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Poland ($16,891 per ton), while the price for Greece ($3,136 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Agriculture or Forestry Hand Tools in Slovakia (FOB) - 2023
The average export price for agriculture or forestry hand toolses stood at $4,046 per ton in June 2023, which is down by -7.7% against the previous month. In general, export price indicated a mild increase from June 2022 to June 2023: its price increased at an average monthly rate of +1.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, agriculture or forestry hand tools export price decreased by -28.7% against April 2023 indices. The most prominent rate of growth was recorded in August 2022 when the average export price increased by 48% against the previous month. The export price peaked at $5,756 per ton in September 2022; however, from October 2022 to June 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($7,370 per ton), while the average price for exports to Italy ($3,147 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Agriculture or Forestry Hand Tools in Slovakia
In 2022, approx. 1.2K tons of agriculture or forestry hand toolses were imported into Slovakia; approximately equating the previous year's figure. Over the period under review, imports recorded a noticeable descent. The growth pace was the most rapid in 2021 with an increase of 4.2%.
In value terms, agriculture or forestry hand tools imports rose notably to $10M in 2022. In general, imports, however, saw modest growth. The pace of growth was the most pronounced in 2021 when imports increased by 12%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the near future.
| Import of Agriculture or Forestry Hand Tools in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 1.4 | 3.0 | 3.9 | 3.4 | 34.4% |
| Germany | 3.6 | 1.8 | 1.8 | 2.3 | -13.9% |
| Poland | 1.1 | 1.1 | 1.6 | 1.6 | 13.3% |
| China | 1.8 | 1.0 | 1.1 | 1.6 | -3.9% |
| Netherlands | N/A | 0.1 | 0.1 | 0.4 | 100.0% |
| Austria | 0.3 | 0.3 | 0.2 | 0.3 | 0.0% |
| Slovenia | N/A | 0.2 | 0.1 | 0.1 | -29.3% |
| Others | 2.0 | 1.0 | 0.5 | 0.8 | -26.3% |
| Total | 10.1 | 8.5 | 9.4 | 10.4 | 1.0% |
Top Suppliers of Agriculture or Forestry Hand Tools to Slovakia in 2022:
- Czech Republic (354.6 tons)
- China (306.3 tons)
- Germany (292.4 tons)
- Poland (120.4 tons)
- Netherlands (42.1 tons)
- Austria (24.2 tons)
- Slovenia (24.0 tons)
Exports of Agriculture or Forestry Hand Tools in Slovakia
In 2022, the amount of agriculture or forestry hand toolses exported from Slovakia rose remarkably to 991 tons, growing by 6.9% compared with 2021 figures. The total export volume increased at an average annual rate of +1.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, agriculture or forestry hand tools exports rose rapidly to $4.6M in 2022. Over the period under review, exports, however, showed a pronounced downturn.
| Export of Agriculture or Forestry Hand Tools in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 1,071 | 688 | 1,222 | 1,277 | 6.0% |
| Hungary | 896 | 927 | 906 | 906 | 0.4% |
| Ukraine | 317 | 123 | 47.2 | 560 | 20.9% |
| Romania | 482 | 495 | 573 | 489 | 0.5% |
| Poland | 1,366 | 811 | 652 | 382 | -34.6% |
| Austria | 9.0 | 19.9 | 18.7 | 251 | 203.3% |
| Croatia | 130 | 130 | 189 | 172 | 9.8% |
| Serbia | 102 | 152 | 154 | 140 | 11.1% |
| Germany | 310 | 251 | 127 | 139 | -23.5% |
| Slovenia | 74.1 | 88.8 | 109 | 111 | 14.4% |
| Montenegro | 56.5 | 62.3 | 56.8 | 71.2 | 8.0% |
| Others | 124 | 78.7 | 83.6 | 99.6 | -7.0% |
| Total | 4,937 | 3,827 | 4,137 | 4,598 | -2.3% |
Top Export Markets for Agriculture or Forestry Hand Tools from Slovakia in 2022:
- Hungary (309.7 tons)
- Czech Republic (212.8 tons)
- Ukraine (157.6 tons)
- Romania (102.1 tons)
- Croatia (41.2 tons)
- Austria (40.1 tons)
- Poland (33.7 tons)
- Serbia (29.7 tons)
- Slovenia (20.5 tons)
- Montenegro (16.6 tons)
- Germany (9.7 tons)
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