Price for Hand-Operated Spanners and Wrenches in New Zealand - 2023
Contents:
- Price for Hand-Operated Spanners and Wrenches in New Zealand (CIF) - 2022
- Price for Hand-Operated Spanners and Wrenches in New Zealand (FOB) - 2022
- Imports of Hand-Operated Spanners and Wrenches in New Zealand
- Exports of Hand-Operated Spanners and Wrenches in New Zealand
Price for Hand-Operated Spanners and Wrenches in New Zealand (CIF) - 2022
The average hand-operated spanners and wrenches import price stood at $12,784 per ton in 2022, which is down by -3.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2015 an increase of 13% against the previous year. Over the period under review, average import prices hit record highs at $13,242 per ton in 2021, and then dropped in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Australia ($13,179 per ton) and the United States ($13,118 per ton), while the price for Taiwan (Chinese) ($12,549 per ton) and Japan ($12,628 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Hand-Operated Spanners and Wrenches in New Zealand (FOB) - 2022
In 2022, the average hand-operated spanners and wrenches export price amounted to $20,088 per ton, growing by 3.9% against the previous year. In general, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hand-operated spanners and wrenches export price increased by +8.4% against 2020 indices. The pace of growth appeared the most rapid in 2013 an increase of 74% against the previous year. Over the period under review, the average export prices attained the peak figure at $26,617 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Tonga ($24,131 per ton) and Fiji ($21,648 per ton), while the average price for exports to Singapore ($18,219 per ton) and Kiribati ($18,586 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kiribati (+14.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Hand-Operated Spanners and Wrenches in New Zealand
In 2022, imports of hand-operated spanners and wrencheses into New Zealand rose significantly to 1.2K tons, surging by 13% on the year before. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +7.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 47% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, hand-operated spanners and wrenches imports stood at $15M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +10.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 60% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Hand-Operated Spanners and Wrenches in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 4.9 | 3.7 | 5.8 | 5.6 | 4.6% |
| China | 3.2 | 2.5 | 4.0 | 5.5 | 19.8% |
| United States | 1.2 | 1.1 | 1.8 | 2.2 | 22.4% |
| Australia | 0.6 | 0.4 | 0.5 | 0.5 | -5.9% |
| Germany | 0.3 | 0.2 | 0.4 | 0.3 | 0.0% |
| Japan | 0.4 | 0.2 | 0.3 | 0.2 | -20.6% |
| United Kingdom | 0.4 | 0.2 | 0.3 | 0.2 | -20.6% |
| Others | 0.7 | 0.5 | 1.1 | 0.9 | 8.7% |
| Total | 11.6 | 8.8 | 14.1 | 15.4 | 9.9% |
Top Suppliers of Hand-Operated Spanners and Wrenches to New Zealand in 2022:
- Taiwan (Chinese) (448.2 tons)
- China (430.7 tons)
- United States (166.1 tons)
- Australia (34.4 tons)
- Germany (22.3 tons)
- Japan (17.4 tons)
- United Kingdom (14.6 tons)
Exports of Hand-Operated Spanners and Wrenches in New Zealand
In 2022, after three years of growth, there was significant decline in overseas shipments of hand-operated spanners and wrencheses, when their volume decreased by -38.7% to 21 tons. In general, exports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 141%. As a result, the exports attained the peak of 34 tons, and then contracted remarkably in the following year.
In value terms, hand-operated spanners and wrenches exports reduced rapidly to $421K in 2022. Overall, exports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 151%. As a result, the exports attained the peak of $661K, and then reduced dramatically in the following year.
| Export of Hand-Operated Spanners and Wrenches in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 154 | 136 | 248 | 250 | 17.5% |
| United States | 23.7 | 5.9 | 30.7 | 44.1 | 23.0% |
| Samoa | 18.1 | 15.5 | 43.4 | 38.2 | 28.3% |
| Fiji | 23.5 | 18.2 | 30.8 | 28.5 | 6.6% |
| Canada | 6.2 | 5.6 | 12.7 | 13.5 | 29.6% |
| Tonga | 10.2 | 5.7 | 8.8 | 7.6 | -9.3% |
| New Caledonia | 20.2 | 3.4 | 4.0 | 2.4 | -50.8% |
| Singapore | 8.9 | 3.0 | 140 | 1.2 | -48.7% |
| Denmark | N/A | N/A | 73.8 | N/A | 0% |
| Others | 76.4 | 69.4 | 68.6 | 35.2 | -22.8% |
| Total | 341 | 263 | 661 | 421 | 7.3% |
Top Export Markets for Hand-Operated Spanners and Wrenches from New Zealand in 2022:
- Denmark (undefined tons)
- Australia (12.8 tons)
- United States (2.2 tons)
- Samoa (1.8 tons)
- Fiji (1.3 tons)
- Canada (0.7 tons)
- Tonga (0.3 tons)
- Singapore (0.1 tons)
- New Caledonia (0.1 tons)
195
This report provides an in-depth analysis of the interchangeable spanner socket market in New Zealand.
287
This report provides an in-depth analysis of the hand tools market in New Zealand.
306
This report provides an in-depth analysis of the manifold business form market in New Zealand.
640
This report provides an in-depth analysis of the global interchangeable spanner socket market.
2757
This report provides an in-depth analysis of the global hand tools market.
454
This report provides an in-depth analysis of the global manifold business form market.
195
This report provides an in-depth analysis of the interchangeable spanner socket market in New Zealand.
640
This report provides an in-depth analysis of the global interchangeable spanner socket market.
303
Explore the top 10 countries with the highest import value for hand tools. Learn about the market statistics, key players, and trends in the industry. Find out how the IndexBox market intelligence platform can help you stay ahead in this competitive market.
1031
Hand tool manufacture is gradually seeing a recovery, following the decline in 2020. The market is forecast to accelerate, due to the increased need for DIY and repair work and construction growth in terms of private homes.
2641
In 2016, the global hand tools market amounted to $X in wholesale prices. This figure reflects the total revenue of producers and importers.
679
In value terms, hand-operated mechanical appliances imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicate...
633
In value terms, hand tools, two and more of heading imports amounted to $X in 2016. Overall, hand tools, two and more of heading imports continue to indicate a relatively flat trend pattern. Over t...
667
In value terms, files, rasps, pliers imports amounted to $X in 2016. Overall, files, rasps, pliers imports continue to indicate a relatively flat trend pattern. Global files, rasps, pliers import p...
693
In value terms, files, rasps, pliers exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable f...
672
In value terms, hand-operated mechanical appliances exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated s...
677
In value terms, hand tools, two and more of heading exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated som...
1293
In 2016, the amount of hand tools imported worldwide totaled X tons, approximately reflecting the previous year level. The total import volume increased at an average annual rate of +X% from X>
