Price for Agriculture or Forestry Hand Tools in Israel - 2023

Contents:

  1. Price for Agriculture or Forestry Hand Tools in Israel (CIF) - 2022
  2. Price for Agriculture or Forestry Hand Tools in Israel (FOB) - 2022
  3. Imports of Agriculture or Forestry Hand Tools in Israel
  4. Exports of Agriculture or Forestry Hand Tools in Israel

Price for Agriculture or Forestry Hand Tools in Israel (CIF) - 2022

In 2022, the average import price for agriculture or forestry hand toolses amounted to $7,302 per ton, rising by 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.9%. The most prominent rate of growth was recorded in 2017 when the average import price increased by 24% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($13,018 per ton), while the price for India ($4,899 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Agriculture or Forestry Hand Tools in Israel (FOB) - 2022

The average export price for agriculture or forestry hand toolses stood at $10,843 per ton in 2022, leveling off at the previous year. Overall, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, agriculture or forestry hand tools export price increased by +43.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 44%. The export price peaked at $14,014 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($16,684 per ton), while the average price for exports to France ($6,007 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 Burkina Faso (+22.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Agriculture or Forestry Hand Tools in Israel

In 2022, approx. 687 tons of agriculture or forestry hand toolses were imported into Israel; falling by -19.1% against 2021. The total import volume increased at an average annual rate of +2.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 35%. As a result, imports attained the peak of 850 tons, and then dropped remarkably in the following year.

In value terms, agriculture or forestry hand tools imports contracted to $5M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.3% 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 +49.4% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 46%. As a result, imports attained the peak of $5.5M, and then shrank in the following year.

Import of Agriculture or Forestry Hand Tools in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,3661,6062,4982,28018.6%
Taiwan (Chinese)7213661,1401,04113.0%
Germany40071578071221.2%
Mexico20529838935520.1%
Japan145160142134-2.6%
Italy84.01411131037.0%
India67.076.040.955.0-6.4%
Others370391365336-3.2%
Total3,3583,7535,4675,01614.3%

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

  1. China (356.1 tons)
  2. Taiwan (Chinese) (101.1 tons)
  3. Germany (82.4 tons)
  4. Mexico (65.5 tons)
  5. Italy (14.9 tons)
  6. India (11.2 tons)
  7. Japan (10.3 tons)

Exports of Agriculture or Forestry Hand Tools in Israel

In 2022, the amount of agriculture or forestry hand toolses exported from Israel skyrocketed to 50 tons, rising by 24% against the previous year's figure. In general, exports posted a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 710% against the previous year. As a result, the exports attained the peak of 191 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, agriculture or forestry hand tools exports skyrocketed to $541K in 2022. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 447%. As a result, the exports attained the peak of $1.4M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Agriculture or Forestry Hand Tools in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States83.027728438266.3%
Netherlands56.040.06.945.0-7.0%
Egypt8.046.015.930.656.4%
Turkey23.08.03.014.9-13.5%
Germany6.06.09.913.330.4%
France12.03.05.08.7-10.2%
Cote d'IvoireN/A989N/AN/A0%
Others77.081.011546.4-15.5%
Total2651,45044054126.9%

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

  1. United States (36.8 tons)
  2. Netherlands (4.1 tons)
  3. Egypt (2.2 tons)
  4. Germany (1.7 tons)
  5. France (1.5 tons)
  6. Turkey (0.9 tons)

Source: IndexBox Market Intelligence Platform

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