Price for Hand-Operated Spanners and Wrenches in France - 2023
Contents:
- Price for Hand-Operated Spanners and Wrenches in France (CIF) - 2022
- Price for Hand-Operated Spanners and Wrenches in France (FOB) - 2022
- Imports of Hand-Operated Spanners and Wrenches in France
- Exports of Hand-Operated Spanners and Wrenches in France
Price for Hand-Operated Spanners and Wrenches in France (CIF) - 2022
The average hand-operated spanners and wrenches import price stood at $12,091 per ton in 2022, flattening at the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 6.4% against the previous year. The import price peaked at $12,254 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($15,921 per ton), while the price for India ($5,112 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 mixed trend patterns.
Price for Hand-Operated Spanners and Wrenches in France (FOB) - 2022
The average hand-operated spanners and wrenches export price stood at $22,906 per ton in 2022, reducing by -2.8% against the previous year. Over the last decade, it increased at an average annual rate of +3.6%. The most prominent rate of growth was recorded in 2013 an increase of 35%. Over the period under review, the average export prices attained the peak figure at $23,566 per ton in 2021, and then fell in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($27,146 per ton), while the average price for exports to Tunisia ($13,302 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 Italy (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Hand-Operated Spanners and Wrenches in France
In 2022, approx. 12K tons of hand-operated spanners and wrencheses were imported into France; waning by -1.7% compared with the previous year. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 23%.
In value terms, hand-operated spanners and wrenches imports reduced to $149M in 2022. The total import value increased at an average annual rate of +2.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 29%. As a result, imports reached the peak of $151M, and then dropped slightly in the following year.
Import of Hand-Operated Spanners and Wrenches in France (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | 48.5 | 27.3 | 40.6 | 39.1 | -6.9% |
China | 37.9 | 22.0 | 30.3 | 29.2 | -8.3% |
Germany | 14.4 | 16.9 | 22.4 | 21.6 | 14.5% |
Italy | 11.0 | 11.1 | 16.4 | 15.8 | 12.8% |
Belgium | 1.1 | 10.3 | 11.3 | 10.9 | 114.8% |
Spain | 4.7 | 6.5 | 10.3 | 9.9 | 28.2% |
Netherlands | 1.1 | 10.6 | 5.1 | 5.3 | 68.9% |
India | 4.3 | 1.5 | 2.3 | 2.5 | -16.5% |
Others | 15.0 | 11.1 | 12.5 | 14.6 | -0.9% |
Total | 138 | 117 | 151 | 149 | 2.6% |
Top Suppliers of Hand-Operated Spanners and Wrenches to France in 2022:
- China (3.9K tons)
- Taiwan (Chinese) (2.5K tons)
- Germany (1.4K tons)
- Italy (1.1K tons)
- Belgium (0.9K tons)
- Spain (0.9K tons)
- Netherlands (0.7K tons)
- India (0.5K tons)
Exports of Hand-Operated Spanners and Wrenches in France
In 2022, the amount of hand-operated spanners and wrencheses exported from France reached 2.7K tons, with an increase of 4.6% on 2021 figures. The total export volume increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 when exports increased by 18% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, hand-operated spanners and wrenches exports rose to $62M in 2022. The total export value increased at an average annual rate of +3.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
Export of Hand-Operated Spanners and Wrenches in France (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 7.3 | 6.5 | 7.4 | 7.4 | 0.5% |
United Kingdom | 6.2 | 4.7 | 6.1 | 6.1 | -0.5% |
Germany | 4.2 | 4.0 | 5.7 | 5.7 | 10.7% |
Netherlands | 4.5 | 4.2 | 5.1 | 5.1 | 4.3% |
Spain | 4.7 | 3.8 | 5.0 | 5.0 | 2.1% |
Italy | 3.5 | 3.3 | 4.5 | 4.5 | 8.7% |
Poland | 2.1 | 1.3 | 2.7 | 2.7 | 8.7% |
Switzerland | 2.5 | 2.5 | 2.7 | 2.7 | 2.6% |
Czech Republic | 1.9 | 1.3 | 1.4 | 1.5 | -7.6% |
Algeria | 1.0 | 1.7 | 1.2 | 1.3 | 9.1% |
Morocco | 1.1 | 1.1 | 1.2 | 1.2 | 2.9% |
Portugal | 1.2 | 1.0 | 1.1 | 1.1 | -2.9% |
Tunisia | 0.4 | 0.5 | 0.8 | 0.8 | 26.0% |
Others | 14.3 | 13.1 | 15.8 | 16.6 | 5.1% |
Total | 55.0 | 48.8 | 60.6 | 61.7 | 3.9% |
Top Export Markets for Hand-Operated Spanners and Wrenches from France in 2022:
- Belgium (272.6 tons)
- Italy (254.4 tons)
- Germany (243.9 tons)
- United Kingdom (235.8 tons)
- Spain (218.8 tons)
- Netherlands (212.6 tons)
- Switzerland (177.1 tons)
- Poland (125.2 tons)
- Czech Republic (86.4 tons)
- Morocco (66.2 tons)
- Tunisia (60.0 tons)
- Portugal (55.5 tons)
- Algeria (49.8 tons)
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