Price for Hand-Operated Spanners and Wrenches in Ukraine - 2023
Contents:
- Price for Hand-Operated Spanners and Wrenches in Ukraine (CIF) - 2022
- Price for Hand-Operated Spanners and Wrenches in Ukraine (FOB) - 2022
- Imports of Hand-Operated Spanners and Wrenches in Ukraine
- Exports of Hand-Operated Spanners and Wrenches in Ukraine
Price for Hand-Operated Spanners and Wrenches in Ukraine (CIF) - 2022
The average hand-operated spanners and wrenches import price stood at $4,661 per ton in 2022, picking up by 7% against the previous year. Overall, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.6% 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 import price increased by +25.5% against 2017 indices. The growth pace was the most rapid in 2014 when the average import price increased by 26% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.
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 Poland ($8,473 per ton), while the price for India ($3,374 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+19.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Hand-Operated Spanners and Wrenches in Ukraine (FOB) - 2022
In 2022, the average hand-operated spanners and wrenches export price amounted to $21,089 per ton, which is down by -13.3% against the previous year. Overall, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 an increase of 73% against the previous year. The export price peaked at $27,211 per ton in 2017; however, from 2018 to 2022, the export prices remained at a 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 Germany ($56,683 per ton), while the average price for exports to Belarus ($2,946 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 Germany (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Hand-Operated Spanners and Wrenches in Ukraine
In 2022, imports of hand-operated spanners and wrencheses into Ukraine reduced rapidly to 2.1K tons, shrinking by -20.5% on the previous year's figure. In general, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 6.6% against the previous year.
In value terms, hand-operated spanners and wrenches imports fell to $10M in 2022. Over the period under review, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 14% against the previous year.
| Import of Hand-Operated Spanners and Wrenches in Ukraine (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.9 | 5.0 | 5.3 | 4.5 | -8.6% |
| Taiwan (Chinese) | 2.1 | 2.3 | 2.5 | 2.1 | 0.0% |
| India | 2.2 | 1.4 | 2.1 | 1.8 | -6.5% |
| Russia | 0.4 | 0.4 | 0.2 | 0.3 | -9.1% |
| Others | 1.6 | 1.2 | 1.5 | 1.3 | -6.7% |
| Total | 12.3 | 10.3 | 11.7 | 10.0 | -6.7% |
Top Suppliers of Hand-Operated Spanners and Wrenches to Ukraine in 2022:
- China (1244.8 tons)
- India (530.5 tons)
- Taiwan (Chinese) (283.5 tons)
- Russia (38.6 tons)
Exports of Hand-Operated Spanners and Wrenches in Ukraine
In 2022, the amount of hand-operated spanners and wrencheses exported from Ukraine skyrocketed to 15 tons, increasing by 21% compared with 2021. The total export volume increased at an average annual rate of +2.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 31%. As a result, the exports reached the peak of 18 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, hand-operated spanners and wrenches exports rose significantly to $317K in 2022. In general, total exports indicated perceptible growth from 2019 to 2022: its value increased at an average annual rate of +2.0% 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 decreased by -27.9% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 47%. As a result, the exports attained the peak of $440K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Hand-Operated Spanners and Wrenches in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 121 | 269 | 75.2 | 114 | -2.0% |
| India | 0.2 | 0.9 | 89.7 | 73.8 | 617.3% |
| Moldova | 20.9 | 23.6 | 32.1 | 26.5 | 8.2% |
| Russia | 11.1 | 49.6 | 13.7 | 18.2 | 17.9% |
| Ethiopia | 48.8 | N/A | 14.7 | 15.9 | -31.2% |
| Georgia | 13.1 | 10.2 | 7.4 | 7.7 | -16.2% |
| Poland | 6.8 | 3.7 | 5.4 | 4.5 | -12.9% |
| Belarus | 3.4 | 3.9 | 0.7 | 2.0 | -16.2% |
| Others | 73.0 | 79.0 | 62.2 | 54.6 | -9.2% |
| Total | 298 | 440 | 301 | 317 | 2.1% |
Top Export Markets for Hand-Operated Spanners and Wrenches from Ukraine in 2022:
- Moldova (4.8 tons)
- Germany (2.0 tons)
- Russia (1.8 tons)
- India (1.4 tons)
- Georgia (1.0 tons)
- Poland (0.8 tons)
- Ethiopia (0.8 tons)
- Belarus (0.7 tons)
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