Price for Agriculture or Forestry Hand Tools in the Czech Republic - 2023
Contents:
- Price for Agriculture or Forestry Hand Tools in the Czech Republic (CIF) - 2023
- Price for Agriculture or Forestry Hand Tools in the Czech Republic (FOB) - 2023
- Imports of Agriculture or Forestry Hand Tools in the Czech Republic
- Exports of Agriculture or Forestry Hand Tools in the Czech Republic
Price for Agriculture or Forestry Hand Tools in the Czech Republic (CIF) - 2023
In June 2023, the average import price for agriculture or forestry hand toolses amounted to $7,969 per ton, shrinking by -8% against the previous month. Over the period under review, import price indicated a temperate increase from June 2022 to June 2023: its price increased at an average monthly rate of +2.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, agriculture or forestry hand tools import price decreased by -13.5% against February 2023 indices. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 31% m-o-m. Over the period under review, average import prices attained the peak figure at $9,215 per ton in February 2023; however, from March 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) ($15,626 per ton), while the price for China ($2,409 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 Austria (+21.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Agriculture or Forestry Hand Tools in the Czech Republic (FOB) - 2023
In June 2023, the average export price for agriculture or forestry hand toolses amounted to $12,750 per ton, surging by 14% against the previous month. In general, export price indicated a remarkable increase from June 2022 to June 2023: its price increased at an average monthly rate of +5.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, agriculture or forestry hand tools export price increased by +81.0% against November 2022 indices. The pace of growth was the most pronounced in January 2023 an increase of 27% m-o-m. Over the period under review, the average export prices attained the maximum in June 2023.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was Poland ($24,870 per ton), while the average price for exports to Bulgaria ($3,604 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 Austria (+21.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Agriculture or Forestry Hand Tools in the Czech Republic
Agriculture or forestry hand tools imports into the Czech Republic surged to 5.2K tons in 2022, with an increase of 21% on the previous year's figure. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +11.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 36%. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, agriculture or forestry hand tools imports expanded notably to $35M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +16.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 56% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Agriculture or Forestry Hand Tools in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 8.8 | 8.8 | 13.8 | 13.7 | 15.9% |
| Netherlands | 0.2 | 4.2 | 7.2 | 8.0 | 242.0% |
| China | 5.0 | 2.8 | 4.6 | 5.9 | 5.7% |
| Poland | 3.1 | 1.4 | 2.1 | 2.7 | -4.5% |
| Slovakia | 1.1 | 0.9 | 1.6 | 1.6 | 13.3% |
| Taiwan (Chinese) | 1.1 | 0.5 | 0.5 | 0.9 | -6.5% |
| Austria | 0.2 | 0.3 | 0.3 | 0.8 | 58.7% |
| Others | 3.2 | 1.9 | 2.3 | 1.8 | -17.5% |
| Total | 22.7 | 20.8 | 32.5 | 35.5 | 16.1% |
Top Suppliers of Agriculture or Forestry Hand Tools to the Czech Republic in 2022:
- China (1869.3 tons)
- Germany (1540.8 tons)
- Netherlands (726.0 tons)
- Slovakia (459.9 tons)
- Poland (345.5 tons)
- Taiwan (Chinese) (91.1 tons)
- Austria (79.1 tons)
Exports of Agriculture or Forestry Hand Tools in the Czech Republic
In 2022, approx. 4.1K tons of agriculture or forestry hand toolses were exported from the Czech Republic; growing by 23% on 2021. The total export volume increased at an average annual rate of +5.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, agriculture or forestry hand tools exports rose markedly to $34M in 2022. The total export value increased at an average annual rate of +8.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 29%. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Agriculture or Forestry Hand Tools in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 14.3 | 14.9 | 19.5 | 20.3 | 12.4% |
| Slovakia | 4.0 | 3.6 | 5.0 | 4.5 | 4.0% |
| Poland | 2.2 | 2.0 | 2.8 | 2.8 | 8.4% |
| Hungary | 1.0 | 1.1 | 1.2 | 1.4 | 11.9% |
| France | 2.0 | 1.0 | 1.1 | 1.4 | -11.2% |
| Austria | 1.1 | 0.6 | 0.4 | 1.2 | 2.9% |
| Others | 1.7 | 1.4 | 1.7 | 2.2 | 9.0% |
| Total | 26.4 | 24.6 | 31.7 | 33.8 | 8.6% |
Top Export Markets for Agriculture or Forestry Hand Tools from the Czech Republic in 2022:
- Germany (1984.1 tons)
- Austria (642.7 tons)
- Slovakia (554.1 tons)
- France (325.5 tons)
- Poland (283.9 tons)
- Hungary (106.9 tons)
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