Price for Agriculture or Forestry Hand Tools in Brazil - 2023
Contents:
- Price for Agriculture or Forestry Hand Tools in Brazil (FOB) - 2023
- Price for Agriculture or Forestry Hand Tools in Brazil (CIF) - 2023
- Exports of Agriculture or Forestry Hand Tools in Brazil
- Imports of Agriculture or Forestry Hand Tools in Brazil
Price for Agriculture or Forestry Hand Tools in Brazil (FOB) - 2023
The average export price for agriculture or forestry hand toolses stood at $3,688 per ton in July 2023, leveling off at the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in October 2022 when the average export price increased by 12% m-o-m. As a result, the export price attained the peak level of $3,975 per ton. From November 2022 to July 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Bolivia ($6,406 per ton), while the average price for exports to Saudi Arabia ($2,470 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Agriculture or Forestry Hand Tools in Brazil (CIF) - 2023
The average import price for agriculture or forestry hand toolses stood at $4,142 per ton in July 2023, reducing by -8.2% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 when the average import price increased by 43% month-to-month. Over the period under review, average import prices attained the maximum at $4,812 per ton in March 2023; however, from April 2023 to July 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($6,252 per ton), while the price for China ($2,836 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (-0.4%), while the prices for the other major suppliers experienced a decline.
Exports of Agriculture or Forestry Hand Tools in Brazil
After three years of growth, shipments abroad of agriculture or forestry hand toolses decreased by -63% to 6K tons in 2022. Over the period under review, exports saw a pronounced descent. The pace of growth appeared the most rapid in 2021 with an increase of 79%. As a result, the exports attained the peak of 16K tons, and then reduced sharply in the following year.
In value terms, agriculture or forestry hand tools exports shrank remarkably to $23M in 2022. In general, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 97%. As a result, the exports attained the peak of $53M, and then fell significantly in the following year.
| Export of Agriculture or Forestry Hand Tools in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bolivia | 2.3 | 1.8 | 3.6 | 3.3 | 12.8% |
| Peru | 3.9 | 2.8 | 6.4 | 2.9 | -9.4% |
| Saudi Arabia | N/A | N/A | N/A | 1.8 | 0% |
| Democratic Republic of the Congo | 2.2 | 1.6 | 1.7 | 1.6 | -10.1% |
| Malaysia | 0.1 | 0.3 | 1.0 | 1.2 | 128.9% |
| Honduras | 0.5 | 0.5 | 0.9 | 0.9 | 21.6% |
| Chile | 0.6 | 0.6 | 1.4 | 0.9 | 14.5% |
| Guatemala | 0.4 | 0.3 | 0.4 | 0.8 | 26.0% |
| Libya | 0.6 | 0.3 | 0.5 | 0.7 | 5.3% |
| Uruguay | 0.5 | 0.4 | 0.7 | 0.7 | 11.9% |
| Haiti | 0.2 | 0.3 | 0.4 | 0.7 | 51.8% |
| Russia | 0.1 | 0.1 | 0.2 | 0.5 | 71.0% |
| United Arab Emirates | 0.6 | 0.7 | 0.8 | 0.4 | -12.6% |
| Others | 10.0 | 17.3 | 35.1 | 6.0 | -15.7% |
| Total | 22.1 | 27.0 | 53.2 | 22.5 | 0.6% |
Top Export Markets for Agriculture or Forestry Hand Tools from Brazil in 2022:
- Bolivia (952.2 tons)
- Peru (931.1 tons)
- Saudi Arabia (619.8 tons)
- Democratic Republic of the Congo (289.1 tons)
- Guatemala (264.6 tons)
- Honduras (263.5 tons)
- Libya (237.0 tons)
- Chile (226.8 tons)
- Uruguay (200.1 tons)
- Haiti (185.3 tons)
- Malaysia (154.2 tons)
- United Arab Emirates (149.8 tons)
- Russia (112.9 tons)
Imports of Agriculture or Forestry Hand Tools in Brazil
Agriculture or forestry hand tools imports into Brazil contracted to 2.2K tons in 2022, falling by -6% against the year before. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +8.6% 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 +46.0% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 55%. As a result, imports attained the peak of 2.4K tons, and then contracted in the following year.
In value terms, agriculture or forestry hand tools imports dropped to $9.2M in 2022. Overall, imports, however, posted resilient growth. The pace of growth appeared the most rapid in 2021 when imports increased by 94% against the previous year. As a result, imports attained the peak of $9.8M, and then declined in the following year.
| Import of Agriculture or Forestry Hand Tools in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.3 | 2.4 | 4.5 | 4.7 | 26.9% |
| Colombia | 1.4 | 1.0 | 1.6 | 1.8 | 8.7% |
| Taiwan (Chinese) | 1.0 | 0.8 | 2.1 | 1.6 | 17.0% |
| Vietnam | 0.2 | 0.2 | 0.6 | 0.2 | 0.0% |
| Others | 0.8 | 0.7 | 0.9 | 0.8 | 0.0% |
| Total | 5.8 | 5.0 | 9.8 | 9.2 | 16.6% |
Top Suppliers of Agriculture or Forestry Hand Tools to Brazil in 2022:
- China (1508.9 tons)
- Colombia (455.3 tons)
- Taiwan (Chinese) (185.1 tons)
- Vietnam (41.9 tons)
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