Price for Tools, Hand; Other than Household Tools in Switzerland - 2023
Contents:
- Price for Tools, Hand; Other than Household Tools in Switzerland (FOB) - 2022
- Price for Tools, Hand; Other than Household Tools in Switzerland (CIF) - 2023
- Exports of Tools, Hand; Other than Household Tools in Switzerland
- Imports of Tools, Hand; Other than Household Tools in Switzerland
Price for Tools, Hand; Other than Household Tools in Switzerland (FOB) - 2022
The average export price for tools, hand; other than household toolses stood at $118,597 per ton in 2022, with an increase of 9.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +5.0%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 28%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($211,760 per ton), while the average price for exports to Poland ($29,065 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 (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tools, Hand; Other than Household Tools in Switzerland (CIF) - 2023
The average import price for tools, hand; other than household toolses stood at $34,262 per ton in November 2023, rising by 3.9% against the previous month. Over the last eleven-month period, it increased at an average monthly rate of +1.7%. The most prominent rate of growth was recorded in June 2023 an increase of 16% m-o-m. The import price peaked at $35,580 per ton in August 2023; however, from September 2023 to November 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was France ($138K per ton), while the price for Italy ($11,195 per ton) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Austria (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tools, Hand; Other than Household Tools in Switzerland
In 2022, exports of tools, hand; other than household toolses from Switzerland dropped to 487 tons, shrinking by -12.5% compared with 2021. Overall, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 5.6% against the previous year.
In value terms, exports of tools, hand; other than household toolses contracted slightly to $58M in 2022. In general, exports saw a deep reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 9.7%.
| Export of Tools, Hand; Other than Household Tools in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 10.4 | 11.2 | 12.0 | 10.0 | -1.3% |
| United States | 14.0 | 8.5 | 8.7 | 9.4 | -12.4% |
| Austria | 10.8 | 9.5 | 10.6 | 9.4 | -4.5% |
| France | 3.1 | 3.2 | 4.1 | 3.7 | 6.1% |
| United Kingdom | 2.1 | 2.1 | 2.1 | 2.8 | 10.1% |
| Italy | 1.8 | 1.4 | 1.8 | 1.7 | -1.9% |
| Netherlands | 1.3 | 1.1 | 1.3 | 1.5 | 4.9% |
| China | 1.5 | 1.4 | 1.8 | 1.5 | 0.0% |
| Japan | 1.9 | 1.3 | 1.7 | 1.4 | -9.7% |
| Poland | 1.3 | 1.3 | 1.0 | 0.8 | -14.9% |
| Spain | 0.9 | 0.8 | 0.9 | 0.8 | -3.9% |
| Others | 18.6 | 13.4 | 14.5 | 14.8 | -7.3% |
| Total | 67.7 | 55.1 | 60.5 | 57.8 | -5.1% |
Top Export Markets for Tools, Hand; Other than Household Tools from Switzerland in 2022:
- Germany (123.5 tons)
- Austria (78.4 tons)
- United States (48.5 tons)
- France (28.9 tons)
- Poland (26.1 tons)
- Italy (16.7 tons)
- United Kingdom (13.4 tons)
- China (11.0 tons)
- Netherlands (9.0 tons)
- Japan (9.0 tons)
- Spain (7.5 tons)
Imports of Tools, Hand; Other than Household Tools in Switzerland
In 2022, imports of tools, hand; other than household toolses into Switzerland soared to 2K tons, picking up by 25% on 2021 figures. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 73%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, imports of tools, hand; other than household toolses reduced to $52M in 2022. Overall, imports, however, continue to indicate a mild setback. The most prominent rate of growth was recorded in 2021 with an increase of 18%. As a result, imports reached the peak of $57M, and then shrank in the following year.
| Import of Tools, Hand; Other than Household Tools in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 15.6 | 14.6 | 15.8 | 15.4 | -0.4% |
| Austria | 15.2 | 12.7 | 12.4 | 9.5 | -14.5% |
| Taiwan (Chinese) | 2.9 | 3.2 | 3.8 | 5.2 | 21.5% |
| China | 3.9 | 4.2 | 5.4 | 5.1 | 9.4% |
| France | 4.5 | 3.3 | 5.3 | 4.8 | 2.2% |
| Italy | 2.4 | 2.0 | 2.4 | 2.6 | 2.7% |
| United Kingdom | 1.4 | 1.3 | 1.6 | 1.0 | -10.6% |
| Netherlands | 0.5 | 0.7 | 0.5 | 0.8 | 17.0% |
| Others | 8.3 | 6.4 | 9.9 | 8.0 | -1.2% |
| Total | 54.5 | 48.4 | 57.0 | 52.4 | -1.3% |
Top Suppliers of Tools, Hand; Other than Household Tools to Switzerland in 2022:
- China (507.9 tons)
- Germany (496.2 tons)
- Taiwan (Chinese) (311.6 tons)
- Austria (194.1 tons)
- Italy (130.0 tons)
- France (110.4 tons)
- Netherlands (31.6 tons)
- United Kingdom (24.1 tons)
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