Price for Hand-Operated Spanners and Wrenches in the Czech Republic - 2023
Contents:
- Price for Hand-Operated Spanners and Wrenches in the Czech Republic (CIF) - 2022
- Price for Hand-Operated Spanners and Wrenches in the Czech Republic (FOB) - 2022
- Imports of Hand-Operated Spanners and Wrenches in the Czech Republic
- Exports of Hand-Operated Spanners and Wrenches in the Czech Republic
Price for Hand-Operated Spanners and Wrenches in the Czech Republic (CIF) - 2022
The average hand-operated spanners and wrenches import price stood at $12,565 per ton in 2022, reducing by -2.9% against the previous year. Over the last decade, it increased at an average annual rate of +3.1%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 15%. As a result, import price attained the peak level of $12,946 per ton, and then fell modestly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($18,287 per ton), while the price for India ($5,800 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Hand-Operated Spanners and Wrenches in the Czech Republic (FOB) - 2022
The average hand-operated spanners and wrenches export price stood at $21,418 per ton in 2022, with an increase of 4% against the previous year. Overall, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.4% 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 +25.5% against 2019 indices. The pace of growth was the most pronounced in 2015 when the average export price increased by 22% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($26,073 per ton), while the average price for exports to Russia ($3,972 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 Austria (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Hand-Operated Spanners and Wrenches in the Czech Republic
In 2022, approx. 3.7K tons of hand-operated spanners and wrencheses were imported into the Czech Republic; surging by 14% compared with the year before. The total import volume increased at an average annual rate of +2.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, hand-operated spanners and wrenches imports expanded remarkably to $46M in 2022. The total import value increased at an average annual rate of +8.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 18%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Hand-Operated Spanners and Wrenches in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 12.9 | 14.3 | 16.9 | 15.5 | 6.3% |
| Taiwan (Chinese) | 9.0 | 7.1 | 7.6 | 12.5 | 11.6% |
| China | 6.2 | 2.4 | 3.8 | 4.6 | -9.5% |
| Poland | 1.8 | 3.6 | 4.1 | 4.5 | 35.7% |
| Netherlands | 0.2 | 1.3 | 1.3 | 1.4 | 91.3% |
| France | 0.3 | 1.1 | 1.2 | 1.4 | 67.1% |
| India | 1.3 | 0.7 | 1.0 | 1.3 | 0.0% |
| United Kingdom | 1.2 | 1.1 | 0.7 | 0.6 | -20.6% |
| Others | 3.9 | 4.2 | 5.5 | 4.5 | 4.9% |
| Total | 36.7 | 35.7 | 42.0 | 46.4 | 8.1% |
Top Suppliers of Hand-Operated Spanners and Wrenches to the Czech Republic in 2022:
- Germany (1028.7 tons)
- China (716.8 tons)
- Taiwan (Chinese) (683.8 tons)
- Poland (461.9 tons)
- India (228.7 tons)
- Netherlands (144.5 tons)
- France (83.9 tons)
- United Kingdom (35.1 tons)
Exports of Hand-Operated Spanners and Wrenches in the Czech Republic
In 2022, approx. 2.1K tons of hand-operated spanners and wrencheses were exported from the Czech Republic; growing by 7.5% compared with the previous year's figure. The total export volume increased at an average annual rate of +11.8% over the period 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 when exports increased by 20%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, hand-operated spanners and wrenches exports expanded notably to $46M in 2022. Over the period under review, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +75.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 33%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Hand-Operated Spanners and Wrenches in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 18.3 | 24.5 | 33.8 | 37.6 | 27.1% |
| Slovakia | 2.3 | 2.0 | 2.4 | 3.3 | 12.8% |
| Austria | 1.1 | 0.9 | 0.9 | 1.0 | -3.1% |
| Poland | 0.8 | 0.6 | 0.9 | 0.7 | -4.4% |
| Hungary | 0.4 | 0.4 | 0.4 | 0.5 | 7.7% |
| Belgium | 0.2 | 0.2 | 0.3 | 0.3 | 14.5% |
| Russia | 0.2 | 0.3 | 0.2 | 0.1 | -20.6% |
| Others | 2.7 | 1.5 | 1.8 | 2.2 | -6.6% |
| Total | 26.0 | 30.5 | 40.7 | 45.5 | 20.5% |
Top Export Markets for Hand-Operated Spanners and Wrenches from the Czech Republic in 2022:
- Germany (1480.4 tons)
- Slovakia (312.1 tons)
- Hungary (47.5 tons)
- Belgium (44.4 tons)
- Poland (41.5 tons)
- Austria (37.3 tons)
- Russia (15.4 tons)
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