Price for Hand-Operated Spanners and Wrenches in Brazil - 2023
Contents:
- Price for Hand-Operated Spanners and Wrenches in Brazil (CIF) - 2022
- Price for Hand-Operated Spanners and Wrenches in Brazil (FOB) - 2022
- Imports of Hand-Operated Spanners and Wrenches in Brazil
- Exports of Hand-Operated Spanners and Wrenches in Brazil
Price for Hand-Operated Spanners and Wrenches in Brazil (CIF) - 2022
In 2022, the average hand-operated spanners and wrenches import price amounted to $4,884 per ton, surging by 2.5% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 16%. Over the period under review, average import prices hit record highs at $5,242 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
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 Taiwan (Chinese) ($8,609 per ton), while the price for India ($4,239 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Hand-Operated Spanners and Wrenches in Brazil (FOB) - 2022
The average hand-operated spanners and wrenches export price stood at $7,933 per ton in 2022, rising by 10% against the previous year. In general, the export price, however, showed a slight setback. The export price peaked at $9,508 per ton in 2012; however, from 2013 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 South Africa ($19,325 per ton), while the average price for exports to Germany ($4,524 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 South Africa (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Hand-Operated Spanners and Wrenches in Brazil
In 2022, approx. 10K tons of hand-operated spanners and wrencheses were imported into Brazil; shrinking by -16.8% on 2021 figures. The total import volume increased at an average annual rate of +4.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 41% against the previous year. As a result, imports reached the peak of 12K tons, and then dropped significantly in the following year.
In value terms, hand-operated spanners and wrenches imports dropped to $50M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +9.7% 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 +40.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 65% against the previous year. As a result, imports attained the peak of $58M, and then fell in the following year.
| Import of Hand-Operated Spanners and Wrenches in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 16.7 | 17.7 | 29.0 | 30.4 | 22.1% |
| India | 8.0 | 7.5 | 12.7 | 10.6 | 9.8% |
| Italy | 0.7 | 0.8 | 1.6 | 1.0 | 12.6% |
| Taiwan (Chinese) | 6.1 | 4.7 | 8.4 | 0.2 | -68.0% |
| Others | 6.1 | 4.7 | 6.4 | 7.4 | 6.7% |
| Total | 37.6 | 35.3 | 58.2 | 49.6 | 9.7% |
Top Suppliers of Hand-Operated Spanners and Wrenches to Brazil in 2022:
- Taiwan (Chinese) (undefinedK tons)
- China (7.0K tons)
- India (2.5K tons)
- Italy (0.2K tons)
Exports of Hand-Operated Spanners and Wrenches in Brazil
In 2022, the amount of hand-operated spanners and wrencheses exported from Brazil reduced remarkably to 611 tons, falling by -45.6% against the previous year. Over the period under review, exports faced a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 57%. As a result, the exports attained the peak of 1.1K tons, and then dropped remarkably in the following year.
In value terms, hand-operated spanners and wrenches exports contracted remarkably to $4.8M in 2022. Overall, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 48% against the previous year. As a result, the exports reached the peak of $8.1M, and then shrank notably in the following year.
| Export of Hand-Operated Spanners and Wrenches in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bolivia | 2,242 | 1,593 | 2,350 | 2,553 | 4.4% |
| Peru | 507 | 353 | 872 | 403 | -7.4% |
| South Africa | 207 | 89.6 | 162 | 324 | 16.1% |
| Chile | 194 | 253 | 296 | 196 | 0.3% |
| Germany | 36.2 | 19.6 | 31.5 | 128 | 52.3% |
| Guatemala | 97.7 | 154 | 268 | 106 | 2.8% |
| Mexico | 102 | 39.5 | 83.9 | 103 | 0.3% |
| Colombia | 102 | 55.3 | 92.5 | 100 | -0.7% |
| Ecuador | 86.0 | 93.2 | 140 | 57.8 | -12.4% |
| Argentina | 978 | 635 | 450 | 8.7 | -79.3% |
| Uruguay | 360 | 314 | 543 | 6.3 | -74.0% |
| Paraguay | 1,941 | 1,113 | 1,976 | 0.6 | -93.2% |
| Others | 752 | 745 | 812 | 859 | 4.5% |
| Total | 7,606 | 5,458 | 8,077 | 4,846 | -14.0% |
Top Export Markets for Hand-Operated Spanners and Wrenches from Brazil in 2022:
- Bolivia (357.7 tons)
- Peru (65.7 tons)
- Germany (28.2 tons)
- South Africa (16.8 tons)
- Chile (16.6 tons)
- Guatemala (12.9 tons)
- Mexico (11.2 tons)
- Ecuador (9.9 tons)
- Colombia (9.4 tons)
- Argentina (1.4 tons)
- Uruguay (0.7 tons)
- Paraguay (0.1 tons)
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