Price for Agriculture or Forestry Hand Tools in Luxembourg - 2023
Contents:
- Price for Agriculture or Forestry Hand Tools in Luxembourg (CIF) - 2023
- Price for Agriculture or Forestry Hand Tools in Luxembourg (FOB) - 2022
- Imports of Agriculture or Forestry Hand Tools in Luxembourg
- Exports of Agriculture or Forestry Hand Tools in Luxembourg
Price for Agriculture or Forestry Hand Tools in Luxembourg (CIF) - 2023
The average import price for agriculture or forestry hand toolses stood at $15,661 per ton in June 2023, increasing by 23% against the previous month. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 58% against the previous month. As a result, import price attained the peak level of $17,649 per ton. From March 2023 to June 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($18,026 per ton), while the price for France ($7,215 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 Germany (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Agriculture or Forestry Hand Tools in Luxembourg (FOB) - 2022
The average export price for agriculture or forestry hand toolses stood at $7,431 per ton in 2022, declining by -8.3% against the previous year. In general, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.0% 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 +14.4% against 2019 indices. The pace of growth appeared the most rapid in 2013 when the average export price increased by 63%. Over the period under review, the average export prices attained the maximum at $10,249 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 external markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($10,265 per ton), while the average price for exports to Germany ($5,077 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 Poland (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Agriculture or Forestry Hand Tools in Luxembourg
For the third year in a row, Luxembourg recorded decline in purchases abroad of agriculture or forestry hand toolses, which decreased by -22.4% to 335 tons in 2022. Over the period under review, imports showed a abrupt decrease. The smallest decline of -0.9% was in 2021.
In value terms, agriculture or forestry hand tools imports dropped to $4.4M in 2022. In general, imports saw a perceptible setback. The growth pace was the most rapid in 2021 when imports increased by 2% against the previous year.
| Import of Agriculture or Forestry Hand Tools in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3,548 | 3,561 | 3,554 | 2,706 | -8.6% |
| Belgium | 421 | 536 | 717 | 881 | 27.9% |
| France | 212 | 244 | 208 | 212 | 0.0% |
| Lithuania | 85.7 | 61.8 | 90.4 | 126 | 13.7% |
| Netherlands | 75.6 | 129 | 153 | 100 | 9.8% |
| Italy | 146 | 58.5 | 12.7 | 83.9 | -16.9% |
| Sweden | 28.7 | N/A | 55.1 | 79.1 | 40.2% |
| Poland | 83.4 | 74.4 | 72.6 | 75.7 | -3.2% |
| Others | 459 | 198 | 96.5 | 115 | -37.0% |
| Total | 5,058 | 4,863 | 4,959 | 4,379 | -4.7% |
Top Suppliers of Agriculture or Forestry Hand Tools to Luxembourg in 2022:
- Germany (187.2 tons)
- Belgium (63.3 tons)
- France (17.8 tons)
- Lithuania (15.2 tons)
- Netherlands (14.3 tons)
- Poland (10.6 tons)
- Sweden (10.2 tons)
- Italy (9.1 tons)
Exports of Agriculture or Forestry Hand Tools in Luxembourg
In 2022, overseas shipments of agriculture or forestry hand toolses decreased by -29.6% to 34 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, showed buoyant growth. The pace of growth appeared the most rapid in 2020 with an increase of 115%. As a result, the exports reached the peak of 55 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 dropped dramatically to $249K in 2022. In general, exports, however, enjoyed resilient growth. The pace of growth was the most pronounced in 2020 when exports increased by 133% against the previous year.
| Export of Agriculture or Forestry Hand Tools in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 90.7 | 111 | 94.2 | 130 | 12.7% |
| Germany | 29.0 | 86.6 | 55.1 | 98.2 | 50.2% |
| France | 20.3 | 120 | 207 | 9.6 | -22.1% |
| Netherlands | 8.6 | 56.3 | 2.7 | 1.9 | -39.5% |
| Others | 16.5 | 10.5 | 26.8 | 9.1 | -18.0% |
| Total | 165 | 384 | 386 | 249 | 14.7% |
Top Export Markets for Agriculture or Forestry Hand Tools from Luxembourg in 2022:
- Germany (19.3 tons)
- Belgium (12.7 tons)
- France (1.0 tons)
- Netherlands (0.3 tons)
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