Price for Agriculture or Forestry Hand Tools in Ukraine - 2023

Contents:

1. Price for Agriculture or Forestry Hand Tools in Ukraine (CIF) - 2023
2. Price for Agriculture or Forestry Hand Tools in Ukraine (FOB) - 2022
3. Imports of Agriculture or Forestry Hand Tools in Ukraine
4. Exports of Agriculture or Forestry Hand Tools in Ukraine

Price for Agriculture or Forestry Hand Tools in Ukraine (CIF) - 2023

In May 2023, the average import price for agriculture or forestry hand toolses amounted to $3,389 per ton, declining by -32.8% against the previous month. In general, the import price continues to indicate a perceptible curtailment. The pace of growth appeared the most rapid in January 2023 an increase of 33% m-o-m. Over the period under review, average import prices attained the maximum at $5,047 per ton in April 2023, and then reduced sharply in the following month.

There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was Taiwan (Chinese) ($16,799 per ton), while the price for China ($2,790 per ton) was amongst the lowest.

From July 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+1.8%), while the prices for the other major suppliers experienced a decline.

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

The average export price for agriculture or forestry hand toolses stood at $3,689 per ton in 2022, growing by 6.6% against the previous year. In general, the export price showed a resilient expansion. The pace of growth was the most pronounced in 2021 an increase of 38%. The export price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uzbekistan ($21,039 per ton), while the average price for exports to the United States ($1,059 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 Kazakhstan (+31.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Agriculture or Forestry Hand Tools in Ukraine

After three years of growth, supplies from abroad of agriculture or forestry hand toolses decreased by -14.2% to 2.4K tons in 2022. The total import volume increased at an average annual rate of +3.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 15%. As a result, imports reached the peak of 2.8K tons, and then dropped in the following year.

In value terms, agriculture or forestry hand tools imports dropped slightly to $10M in 2022. The total import value increased at an average annual rate of +7.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 25%. As a result, imports attained the peak of $11M, and then dropped modestly in the following year.

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

1. China (1943.8 tons)
2. Poland (188.1 tons)
3. Russia (124.8 tons)
4. Taiwan (Chinese) (75.0 tons)

Exports of Agriculture or Forestry Hand Tools in Ukraine

After three years of growth, overseas shipments of agriculture or forestry hand toolses decreased by -27.3% to 227 tons in 2022. In general, exports recorded a pronounced descent. The pace of growth appeared the most rapid in 2021 when exports increased by 15% against the previous year. As a result, the exports reached the peak of 313 tons, and then contracted sharply in the following year.

In value terms, agriculture or forestry hand tools exports contracted rapidly to $839K in 2022. Overall, exports, however, enjoyed resilient growth. The pace of growth was the most pronounced in 2021 when exports increased by 59%. As a result, the exports reached the peak of $1.1M, and then contracted rapidly in the following year.

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

1. Russia (60.4 tons)
2. Poland (56.2 tons)
3. Moldova (50.0 tons)
4. Romania (22.5 tons)
5. United States (13.5 tons)
6. Belarus (9.3 tons)
7. Germany (5.2 tons)

Source: IndexBox Market Intelligence Platform