Price for Tools, Hand; Other than Household Tools in Canada - 2022
Contents:
- Price for Tools, Hand; Other than Household Tools in Canada (CIF) - 2022
- Price for Tools, Hand; Other than Household Tools in Canada (FOB) - 2022
- Imports of Tools, Hand; Other than Household Tools in Canada
- Exports of Tools, Hand; Other than Household Tools in Canada
Price for Tools, Hand; Other than Household Tools in Canada (CIF) - 2022
The average import price for tools, hand; other than household toolses stood at $7,273 per ton in 2022, picking up by 4% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 5.9% against the previous year. The import price peaked at $7,757 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Mexico ($7,274 per ton) and Japan ($7,274 per ton), while the price for France ($7,274 per ton) and Austria ($7,274 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+0.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tools, Hand; Other than Household Tools in Canada (FOB) - 2022
The average export price for tools, hand; other than household toolses stood at $26,668 per ton in 2022, picking up by 3.2% against the previous year. Over the period under review, the export price saw a buoyant increase. The most prominent rate of growth was recorded in 2014 an increase of 20% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in years to come.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Turkey ($26,725 per ton) and Australia ($26,708 per ton), while the average price for exports to the UK ($26,708 per ton) and France ($26,708 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 Turkey (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tools, Hand; Other than Household Tools in Canada
Imports of tools, hand; other than household toolses into Canada contracted to 20K tons in 2022, remaining stable against the previous year's figure. The total import volume increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 14% against the previous year. As a result, imports attained the peak of 20K tons, leveling off in the following year.
In value terms, imports of tools, hand; other than household toolses rose to $143M in 2022. The total import value increased at an average annual rate of +3.9% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 21% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Tools, Hand; Other than Household Tools in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 54.7 | 46.5 | 51.5 | 56.4 | 1.0% |
| China | 31.3 | 31.0 | 40.1 | 41.0 | 9.4% |
| Taiwan (Chinese) | 14.3 | 14.3 | 18.1 | 18.9 | 9.7% |
| Germany | 4.2 | 3.9 | 5.6 | 4.0 | -1.6% |
| Mexico | 2.7 | 2.7 | 3.3 | 3.5 | 9.0% |
| France | 2.7 | 1.8 | 1.6 | 2.6 | -1.3% |
| Austria | 2.6 | 2.0 | 2.8 | 2.6 | 0.0% |
| Italy | 3.8 | 2.0 | 2.2 | 2.5 | -13.0% |
| Japan | 2.0 | 1.4 | 2.7 | 1.9 | -1.7% |
| Others | 9.5 | 8.2 | 10.1 | 10.0 | 1.7% |
| Total | 128 | 114 | 138 | 143 | 3.8% |
Top Suppliers of Tools, Hand; Other than Household Tools to Canada in 2022:
- United States (7.8K tons)
- China (5.6K tons)
- Taiwan (Chinese) (2.6K tons)
- Mexico (0.5K tons)
- Germany (0.5K tons)
- France (0.4K tons)
- Austria (0.4K tons)
- Italy (0.3K tons)
- Japan (0.3K tons)
Exports of Tools, Hand; Other than Household Tools in Canada
In 2022, shipments abroad of tools, hand; other than household toolses increased by 4.5% to 1.7K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a relatively flat trend pattern.
In value terms, exports of tools, hand; other than household toolses stood at $45M in 2022. The total export value increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Tools, Hand; Other than Household Tools in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 24.7 | 24.6 | 27.1 | 31.9 | 8.9% |
| France | 3.5 | 2.8 | 3.3 | 2.2 | -14.3% |
| Germany | 1.0 | 1.4 | 0.5 | 1.3 | 9.1% |
| United Kingdom | 1.4 | 3.1 | 1.6 | 1.2 | -5.0% |
| Australia | 0.8 | 0.9 | 1.0 | 1.1 | 11.2% |
| Turkey | N/A | 0.3 | 0.1 | 0.8 | 63.3% |
| Others | 9.3 | 8.3 | 8.3 | 6.5 | -11.3% |
| Total | 40.8 | 41.4 | 41.7 | 45.0 | 3.3% |
Top Export Markets for Tools, Hand; Other than Household Tools from Canada in 2022:
- United States (1193.9 tons)
- France (81.6 tons)
- Germany (48.4 tons)
- United Kingdom (44.3 tons)
- Australia (41.2 tons)
- Turkey (29.8 tons)
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