Price for Agriculture or Forestry Hand Tools in Egypt - 2023
Contents:
- Price for Agriculture or Forestry Hand Tools in Egypt (CIF) - 2023
- Price for Agriculture or Forestry Hand Tools in Egypt (FOB) - 2022
- Imports of Agriculture or Forestry Hand Tools in Egypt
- Exports of Agriculture or Forestry Hand Tools in Egypt
Price for Agriculture or Forestry Hand Tools in Egypt (CIF) - 2023
In May 2023, the average import price for agriculture or forestry hand toolses amounted to $5,243 per ton, declining by -33.4% against the previous month. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 when the average import price increased by 39% against the previous month. Over the period under review, average import prices attained the peak figure at $8,501 per ton in March 2023; however, from April 2023 to May 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From June 2022 to May 2023, the rate of growth in terms of prices for Italy amounted to +10.7% per month.
Price for Agriculture or Forestry Hand Tools in Egypt (FOB) - 2022
In 2022, the average export price for agriculture or forestry hand toolses amounted to $7,934 per ton, declining by -20.1% against the previous year. In general, the export price, however, saw a resilient increase. The most prominent rate of growth was recorded in 2020 an increase of 122%. Over the period under review, the average export prices attained the maximum at $9,929 per ton in 2021, and then fell markedly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($17,086 per ton), while the average price for exports to France ($740 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 Germany (+38.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Agriculture or Forestry Hand Tools in Egypt
In 2022, overseas purchases of agriculture or forestry hand toolses were finally on the rise to reach 523 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a precipitous decrease.
In value terms, agriculture or forestry hand tools imports surged to $3M in 2022. The total import value increased at an average annual rate of +2.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Agriculture or Forestry Hand Tools in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,812 | 1,621 | 1,018 | 1,743 | -1.3% |
| Austria | 334 | 121 | 127 | 226 | -12.2% |
| Belgium | N/A | 96.0 | 167 | 223 | 52.4% |
| Italy | 135 | 122 | 130 | 173 | 8.6% |
| Brazil | 46.2 | 33.6 | 53.8 | 71.7 | 15.8% |
| Others | 487 | 578 | 545 | 608 | 7.7% |
| Total | 2,815 | 2,572 | 2,042 | 3,045 | 2.7% |
Top Suppliers of Agriculture or Forestry Hand Tools to Egypt in 2022:
- China (407.7 tons)
- Austria (26.9 tons)
- Belgium (16.7 tons)
- Brazil (16.4 tons)
- Italy (9.2 tons)
Exports of Agriculture or Forestry Hand Tools in Egypt
In 2022, shipments abroad of agriculture or forestry hand toolses was finally on the rise to reach 342 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a dramatic setback.
In value terms, agriculture or forestry hand tools exports skyrocketed to $2.7K in 2022. Over the period under review, exports, however, showed a precipitous decrease.
| Export of Agriculture or Forestry Hand Tools in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 25.3 | 2.3 | 0.9 | 1.7 | -59.3% |
| Italy | 6.0 | 0.5 | 0.2 | 0.3 | -63.2% |
| United States | 3.5 | 0.3 | 0.1 | 0.2 | -61.5% |
| United Kingdom | 2.3 | 0.2 | 0.1 | 0.2 | -55.7% |
| Jordan | 0.8 | 0.1 | N/A | 0.1 | -50.0% |
| Burkina Faso | 0.4 | N/A | N/A | N/A | 0% |
| Morocco | 1.1 | 0.1 | N/A | N/A | -90.9% |
| Brazil | 0.7 | 0.1 | N/A | N/A | -85.7% |
| Others | 4.8 | 0.4 | 0.1 | 0.2 | -65.3% |
| Total | 45.0 | 3.9 | 1.5 | 2.7 | -60.9% |
Top Export Markets for Agriculture or Forestry Hand Tools from Egypt in 2022:
- Germany (108.0 kg)
- United States (71.0 kg)
- United Kingdom (57.0 kg)
- Italy (34.0 kg)
- Jordan (21.0 kg)
- Morocco (14.0 kg)
- Brazil (13.0 kg)
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