Price for Tools, Hand; Chain Saw Blades in China - 2023
Contents:
- Price for Tools, Hand; Chain Saw Blades in China (FOB) - 2023
- Price for Tools, Hand; Chain Saw Blades in China (CIF) - 2023
- Exports of Tools, Hand; Chain Saw Blades in China
- Imports of Tools, Hand; Chain Saw Blades in China
Price for Tools, Hand; Chain Saw Blades in China (FOB) - 2023
The average export price for tools, hand; chain saw bladeses stood at $10,861 per ton in June 2023, reducing by -3.6% against the previous month. Over the period under review, the export price saw a slight descent. The growth pace was the most rapid in November 2022 when the average export price increased by 12% against the previous month. The export price peaked at $13,733 per ton in September 2022; however, from October 2022 to June 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Brazil ($17,168 per ton), while the average price for exports to India ($5,939 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tools, Hand; Chain Saw Blades in China (CIF) - 2023
In June 2023, the average import price for tools, hand; chain saw bladeses amounted to $21,282 per ton, picking up by 3.7% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.7%. The most prominent rate of growth was recorded in September 2022 when the average import price increased by 23% month-to-month. As a result, import price reached the peak level of $22,446 per ton. From October 2022 to June 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($37,421 per ton), while the price for Canada ($16,756 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Tools, Hand; Chain Saw Blades in China
For the fourth year in a row, China recorded growth in shipments abroad of tools, hand; chain saw bladeses, which increased by 13% to 11K tons in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +22.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +82.6% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 38% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, tools, hand; chain saw blades exports skyrocketed to $141M in 2022. In general, exports saw a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 43%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
Export of Tools, Hand; Chain Saw Blades in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 10.9 | 15.3 | 18.2 | 17.4 | 16.9% |
Russia | 4.2 | 5.9 | 9.4 | 17.1 | 59.7% |
India | 5.1 | 6.5 | 10.9 | 15.1 | 43.6% |
Germany | 3.3 | 4.9 | 7.6 | 10.1 | 45.2% |
Singapore | 3.4 | 3.0 | 6.4 | 8.1 | 33.6% |
Sweden | 1.3 | 1.8 | 2.9 | 7.3 | 77.7% |
Brazil | 2.4 | 4.2 | 5.3 | 6.2 | 37.2% |
Vietnam | 2.2 | 3.0 | 6.0 | 4.6 | 27.9% |
Belgium | 4.0 | 3.8 | 4.6 | 4.6 | 4.8% |
Indonesia | 3.2 | 3.0 | 4.9 | 3.9 | 6.8% |
Finland | 0.7 | 0.3 | 1.0 | 3.3 | 67.7% |
Poland | 1.0 | 1.3 | 1.3 | 3.0 | 44.2% |
Turkey | 1.7 | 2.5 | 2.6 | 2.0 | 5.6% |
Others | 22.3 | 26.9 | 36.7 | 38.1 | 19.5% |
Total | 65.8 | 82.4 | 118 | 141 | 28.9% |
Top Export Markets for Tools, Hand; Chain Saw Blades from China in 2022:
- India (1905.5 tons)
- Russia (1465.7 tons)
- United States (1357.0 tons)
- Singapore (705.3 tons)
- Germany (661.6 tons)
- Indonesia (450.4 tons)
- Belgium (446.7 tons)
- Sweden (442.7 tons)
- Vietnam (362.4 tons)
- Finland (254.9 tons)
- Turkey (242.5 tons)
- Poland (232.5 tons)
- Brazil (224.8 tons)
Imports of Tools, Hand; Chain Saw Blades in China
In 2022, approx. 2.4K tons of tools, hand; chain saw bladeses were imported into China; increasing by 17% compared with the previous year's figure. The total import volume increased at an average annual rate of +11.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, tools, hand; chain saw blades imports soared to $45M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +15.8% 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 +55.2% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Tools, Hand; Chain Saw Blades in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Switzerland | 18.5 | 17.3 | 22.1 | 28.6 | 15.6% |
United States | 4.7 | 4.5 | 5.7 | 7.6 | 17.4% |
Canada | 4.0 | 3.6 | 4.7 | 5.0 | 7.7% |
Sweden | 0.5 | 1.3 | 1.2 | 1.3 | 37.5% |
Brazil | 0.8 | 0.1 | 0.2 | 0.6 | -9.1% |
Others | 0.6 | 3.2 | 2.5 | 2.1 | 51.8% |
Total | 29.1 | 30.1 | 36.5 | 45.2 | 15.8% |
Top Suppliers of Tools, Hand; Chain Saw Blades to China in 2022:
- Switzerland (1695.6 tons)
- Canada (283.1 tons)
- United States (243.9 tons)
- Brazil (62.0 tons)
- Sweden (56.9 tons)
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