Price for Agriculture or Forestry Hand Tools in Austria - 2023

Contents:

  1. Price for Agriculture or Forestry Hand Tools in Austria (CIF) - 2023
  2. Price for Agriculture or Forestry Hand Tools in Austria (FOB) - 2023
  3. Imports of Agriculture or Forestry Hand Tools in Austria
  4. Exports of Agriculture or Forestry Hand Tools in Austria

Price for Agriculture or Forestry Hand Tools in Austria (CIF) - 2023

The average import price for agriculture or forestry hand toolses stood at $10,477 per ton in June 2023, shrinking by -17.5% against the previous month. In general, import price indicated a slight increase from June 2022 to June 2023: its price increased at an average monthly rate of +1.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, agriculture or forestry hand tools import price decreased by -27.7% against April 2023 indices. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 38% m-o-m. Over the period under review, average import prices reached the maximum at $14,490 per ton in April 2023; however, from May 2023 to June 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($31,857 per ton), while the price for China ($5,854 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 Vietnam (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Agriculture or Forestry Hand Tools in Austria (FOB) - 2023

In June 2023, the average export price for agriculture or forestry hand toolses amounted to $15,238 per ton, which is down by -12.3% against the previous month. In general, the export price, however, showed a buoyant expansion. The pace of growth was the most pronounced in April 2023 an increase of 51% month-to-month. The export price peaked at $17,384 per ton in May 2023, and then shrank in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Poland ($19,748 per ton), while the average price for exports to Moldova ($5,119 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 Poland (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Agriculture or Forestry Hand Tools in Austria

In 2022, the amount of agriculture or forestry hand toolses imported into Austria declined to 3.5K tons, dropping by -12.6% against the previous year's figure. In general, imports continue to indicate a deep slump. The pace of growth was the most pronounced in 2021 when imports increased by 3.5%.

In value terms, agriculture or forestry hand tools imports reduced slightly to $34M in 2022. Overall, imports saw a mild downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 7.8% against the previous year.

Import of Agriculture or Forestry Hand Tools in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany14.119.120.919.411.2%
China7.54.24.06.6-4.2%
Italy2.62.01.81.8-11.5%
Vietnam2.72.43.21.1-25.9%
Poland2.01.41.31.0-20.6%
Slovenia0.30.30.40.518.6%
Czech Republic2.40.60.40.3-50.0%
Hungary0.30.10.20.1-30.7%
Others4.22.53.13.2-8.7%
Total36.132.635.134.0-2.0%

Top Suppliers of Agriculture or Forestry Hand Tools to Austria in 2022:

  1. Germany (1559.9 tons)
  2. China (1107.1 tons)
  3. Italy (237.8 tons)
  4. Vietnam (195.6 tons)
  5. Poland (62.7 tons)
  6. Slovenia (55.7 tons)
  7. Hungary (34.9 tons)
  8. Czech Republic (16.1 tons)

Exports of Agriculture or Forestry Hand Tools in Austria

In 2022, the amount of agriculture or forestry hand toolses exported from Austria shrank notably to 3.1K tons, declining by -22.7% on 2021. Over the period under review, exports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2021 when exports increased by 126%. As a result, the exports reached the peak of 4.1K tons, and then shrank remarkably in the following year.

In value terms, agriculture or forestry hand tools exports shrank to $30M in 2022. In general, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 152% against the previous year. As a result, the exports reached the peak of $32M, and then shrank in the following year.

Export of Agriculture or Forestry Hand Tools in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3,6643,3455,5985,80316.6%
Hungary8848969831,20610.9%
Switzerland9099041,3831,1728.8%
Poland1,1201,1471,1391,017-3.2%
Romania9811,137950818-5.9%
Italy1,1901,1781,158657-18.0%
Czech Republic4934324865865.9%
Slovakia33932330148913.0%
Greece752501414475-14.2%
Bulgaria367288264310-5.5%
Slovenia2792422932800.1%
United States5278711,103273-19.7%
Croatia28032128793.5-30.6%
Others1,2621,11617,67116,425135.2%
Total13,04912,70132,03029,60631.4%

Top Export Markets for Agriculture or Forestry Hand Tools from Austria in 2022:

  1. Germany (446.3 tons)
  2. Hungary (144.6 tons)
  3. Poland (135.0 tons)
  4. Switzerland (120.0 tons)
  5. Romania (117.2 tons)
  6. Czech Republic (86.2 tons)
  7. Slovakia (71.9 tons)
  8. Greece (68.0 tons)
  9. Italy (62.6 tons)
  10. Bulgaria (40.6 tons)
  11. Slovenia (34.3 tons)
  12. United States (22.2 tons)
  13. Croatia (11.0 tons)

Source: IndexBox Market Intelligence Platform

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