Price for Agriculture or Forestry Hand Tools in Italy - 2023
Contents:
- Price for Agriculture or Forestry Hand Tools in Italy (CIF) - 2023
- Price for Agriculture or Forestry Hand Tools in Italy (FOB) - 2023
- Imports of Agriculture or Forestry Hand Tools in Italy
- Exports of Agriculture or Forestry Hand Tools in Italy
Price for Agriculture or Forestry Hand Tools in Italy (CIF) - 2023
In June 2023, the average import price for agriculture or forestry hand toolses amounted to $7,814 per ton, shrinking by -12% against the previous month. Over the period under review, the import price showed a pronounced reduction. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 40% month-to-month. Over the period under review, average import prices hit record highs at $11,006 per ton in January 2023; however, from February 2023 to June 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) ($20,906 per ton), while the price for Greece ($2,054 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 Taiwan (Chinese) (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Agriculture or Forestry Hand Tools in Italy (FOB) - 2023
The average export price for agriculture or forestry hand toolses stood at $10,366 per ton in June 2023, which is down by -13.4% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 27% against the previous month. The export price peaked at $11,966 per ton in May 2023, and then declined in the following month.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was Switzerland ($36,363 per ton), while the average price for exports to Algeria ($3,326 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 Switzerland (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Agriculture or Forestry Hand Tools in Italy
In 2022, agriculture or forestry hand tools imports into Italy fell rapidly to 4.7K tons, which is down by -19.9% compared with the previous year's figure. Overall, imports showed a abrupt setback. The pace of growth was the most pronounced in 2021 when imports increased by 62%. As a result, imports attained the peak of 5.8K tons, and then dropped significantly in the following year.
In value terms, agriculture or forestry hand tools imports reduced dramatically to $44M in 2022. In general, imports, however, saw a slight expansion. The pace of growth appeared the most rapid in 2021 with an increase of 119% against the previous year. As a result, imports attained the peak of $59M, and then shrank significantly in the following year.
| Import of Agriculture or Forestry Hand Tools in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 6.7 | 4.5 | 11.5 | 8.5 | 8.3% |
| China | 7.8 | 6.4 | 10.8 | 8.0 | 0.8% |
| France | 2.7 | 1.6 | 6.7 | 4.9 | 22.0% |
| Austria | 6.5 | 1.4 | 5.1 | 3.8 | -16.4% |
| Spain | 2.2 | 1.9 | 4.7 | 3.5 | 16.7% |
| Netherlands | 1.6 | 1.9 | 4.3 | 3.2 | 26.0% |
| Taiwan (Chinese) | 3.5 | 3.5 | 3.5 | 2.6 | -9.4% |
| Belgium | 2.4 | N/A | 0.6 | 0.7 | -33.7% |
| Others | 8.2 | 5.4 | 11.3 | 8.6 | 1.6% |
| Total | 41.6 | 26.7 | 58.5 | 43.7 | 1.7% |
Top Suppliers of Agriculture or Forestry Hand Tools to Italy in 2022:
- China (2128.7 tons)
- Germany (574.7 tons)
- France (294.2 tons)
- Austria (287.4 tons)
- Spain (286.6 tons)
- Taiwan (Chinese) (286.0 tons)
- Netherlands (230.0 tons)
- Belgium (40.3 tons)
Exports of Agriculture or Forestry Hand Tools in Italy
In 2022, approx. 2.5K tons of agriculture or forestry hand toolses were exported from Italy; declining by -30.6% against the previous year. Overall, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 7% against the previous year.
In value terms, agriculture or forestry hand tools exports reduced sharply to $23M in 2022. Over the period under review, exports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2021 when exports increased by 22% against the previous year. As a result, the exports attained the peak of $31M, and then reduced notably in the following year.
| Export of Agriculture or Forestry Hand Tools in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.5 | 5.3 | 8.5 | 6.0 | 10.1% |
| France | 4.9 | 4.3 | 5.2 | 3.6 | -9.8% |
| Spain | 2.4 | 2.2 | 2.0 | 1.5 | -14.5% |
| United States | 1.5 | 1.4 | 1.7 | 1.2 | -7.2% |
| Austria | 1.5 | 1.1 | 1.3 | 0.9 | -15.7% |
| Switzerland | 0.9 | 0.8 | 1.1 | 0.8 | -3.9% |
| Slovakia | 1.8 | 0.7 | 0.7 | 0.7 | -27.0% |
| Poland | 1.2 | 0.8 | 0.8 | 0.6 | -20.6% |
| United Kingdom | 1.3 | 1.1 | 0.3 | 0.6 | -22.7% |
| Sweden | 0.3 | 0.3 | 0.6 | 0.4 | 10.1% |
| Netherlands | 0.1 | 0.2 | 0.3 | 0.2 | 26.0% |
| North Macedonia | N/A | N/A | 0.2 | 0.1 | -50.0% |
| Others | 7.0 | 7.6 | 8.6 | 6.2 | -4.0% |
| Total | 27.3 | 25.6 | 31.3 | 23.0 | -5.6% |
Top Export Markets for Agriculture or Forestry Hand Tools from Italy in 2022:
- France (549.5 tons)
- Germany (344.7 tons)
- Slovakia (231.3 tons)
- United States (146.4 tons)
- Spain (143.3 tons)
- Poland (112.4 tons)
- North Macedonia (99.6 tons)
- Austria (95.8 tons)
- Sweden (68.8 tons)
- Switzerland (42.2 tons)
- United Kingdom (41.8 tons)
- Netherlands (38.1 tons)
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