Price for Hand-Operated Spanners and Wrenches in the Netherlands - 2023
Contents:
- Price for Hand-Operated Spanners and Wrenches in the Netherlands (CIF) - 2022
- Price for Hand-Operated Spanners and Wrenches in the Netherlands (FOB) - 2022
- Imports of Hand-Operated Spanners and Wrenches in the Netherlands
- Exports of Hand-Operated Spanners and Wrenches in the Netherlands
Price for Hand-Operated Spanners and Wrenches in the Netherlands (CIF) - 2022
In 2022, the average hand-operated spanners and wrenches import price amounted to $10,197 per ton, with a decrease of -8.3% against the previous year. Over the period under review, the import price showed a slight decline. The most prominent rate of growth was recorded in 2020 an increase of 12%. The import price peaked at $13,307 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($25,428 per ton), while the price for India ($4,508 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Hand-Operated Spanners and Wrenches in the Netherlands (FOB) - 2022
The average hand-operated spanners and wrenches export price stood at $7,729 per ton in 2022, falling by -30.3% against the previous year. Over the period under review, the export price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 an increase of 8.6% against the previous year. Over the period under review, the average export prices hit record highs at $15,841 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($28,214 per ton), while the average price for exports to the Czech Republic ($4,464 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 Denmark (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Hand-Operated Spanners and Wrenches in the Netherlands
In 2022, imports of hand-operated spanners and wrencheses into the Netherlands skyrocketed to 18K tons, growing by 30% compared with 2021. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +13.2% 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 +45.0% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, hand-operated spanners and wrenches imports soared to $179M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +17.6% 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 +62.7% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 21% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Hand-Operated Spanners and Wrenches in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 19.8 | 18.6 | 31.3 | 49.1 | 35.4% |
| Taiwan (Chinese) | 33.4 | 37.4 | 27.6 | 45.6 | 10.9% |
| Spain | 11.1 | 16.3 | 27.2 | 28.7 | 37.3% |
| Germany | 17.0 | 19.9 | 26.9 | 15.5 | -3.0% |
| Sweden | 0.1 | 8.0 | 8.4 | 7.8 | 327.3% |
| India | 7.3 | 6.2 | 5.5 | 7.5 | 0.9% |
| Others | 21.1 | 18.1 | 23.3 | 24.3 | 4.8% |
| Total | 110 | 124 | 150 | 179 | 17.6% |
Top Suppliers of Hand-Operated Spanners and Wrenches to the Netherlands in 2022:
- China (7.2K tons)
- Taiwan (Chinese) (3.8K tons)
- Spain (2.4K tons)
- India (1.7K tons)
- Germany (0.9K tons)
- Sweden (0.6K tons)
Exports of Hand-Operated Spanners and Wrenches in the Netherlands
Hand-operated spanners and wrenches exports from the Netherlands surged to 18K tons in 2022, rising by 73% against the previous year's figure. Overall, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, hand-operated spanners and wrenches exports skyrocketed to $140M in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.7% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Hand-Operated Spanners and Wrenches in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 16.2 | 21.8 | 29.6 | 42.2 | 37.6% |
| France | 6.4 | 12.6 | 9.1 | 10.5 | 17.9% |
| Belgium | 8.5 | 9.6 | 11.1 | 10.0 | 5.6% |
| Sweden | 7.4 | 7.2 | 8.8 | 8.8 | 5.9% |
| United Kingdom | 11.2 | 9.7 | 10.1 | 6.4 | -17.0% |
| Denmark | 4.7 | 4.4 | 5.4 | 5.5 | 5.4% |
| Spain | 2.4 | 3.0 | 3.4 | 5.4 | 31.0% |
| Poland | 3.7 | 3.3 | 3.7 | 4.7 | 8.3% |
| Italy | 1.7 | 1.4 | 1.8 | 4.6 | 39.3% |
| Finland | 3.7 | 3.2 | 3.9 | 3.7 | 0.0% |
| Czech Republic | 1.6 | 1.4 | 1.6 | 2.5 | 16.0% |
| Portugal | 0.4 | 1.2 | 1.6 | 2.4 | 81.7% |
| Ireland | 1.6 | 1.3 | 1.4 | 2.4 | 14.5% |
| Others | 20.6 | 18.8 | 24.3 | 30.3 | 13.7% |
| Total | 90.2 | 99.0 | 116 | 140 | 15.8% |
Top Export Markets for Hand-Operated Spanners and Wrenches from the Netherlands in 2022:
- Germany (8.1K tons)
- France (1.9K tons)
- Poland (0.9K tons)
- Sweden (0.9K tons)
- Italy (0.7K tons)
- Czech Republic (0.6K tons)
- Belgium (0.6K tons)
- Ireland (0.4K tons)
- Spain (0.4K tons)
- Portugal (0.3K tons)
- Denmark (0.3K tons)
- Finland (0.3K tons)
- United Kingdom (0.2K tons)
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