Price for Tools, Hand; Other than Household Tools in Egypt - 2022
Contents:
- Price for Tools, Hand; Other than Household Tools in Egypt (CIF) - 2022
- Price for Tools, Hand; Other than Household Tools in Egypt (FOB) - 2022
- Imports of Tools, Hand; Other than Household Tools in Egypt
- Exports of Tools, Hand; Other than Household Tools in Egypt
Price for Tools, Hand; Other than Household Tools in Egypt (CIF) - 2022
In 2022, the average import price for tools, hand; other than household toolses amounted to $1,893 per ton, falling by -4.6% against the previous year. In general, the import price continues to indicate a perceptible decline. The pace of growth was the most pronounced in 2016 a decrease of -0.2%. The import price peaked at $2,452 per ton in 2012; however, from 2013 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 the United States ($11,241 per ton), while the price for China ($1,317 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tools, Hand; Other than Household Tools in Egypt (FOB) - 2022
In 2022, the average export price for tools, hand; other than household toolses amounted to $18,684 per ton, dropping by -33.1% against the previous year. Overall, the export price, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2015 an increase of 1,062% against the previous year. The export price peaked at $27,909 per ton in 2021, and then contracted markedly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Libya ($14,246 per ton), while the average price for exports to the United Arab Emirates ($1,703 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 Malawi (+68.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tools, Hand; Other than Household Tools in Egypt
In 2022, approx. 3K tons of tools, hand; other than household toolses were imported into Egypt; reducing by -21.1% on the previous year. Over the period under review, imports recorded a deep reduction. The growth pace was the most rapid in 2021 with an increase of 20% against the previous year.
In value terms, imports of tools, hand; other than household toolses dropped remarkably to $5.8M in 2022. In general, imports recorded a abrupt setback. The pace of growth appeared the most rapid in 2021 when imports increased by 18% against the previous year.
| Import of Tools, Hand; Other than Household Tools in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.7 | 3.3 | 3.7 | 3.6 | -8.5% |
| Taiwan (Chinese) | 0.9 | 0.8 | 0.8 | 0.6 | -12.6% |
| India | 0.3 | 0.2 | 0.1 | 0.2 | -12.6% |
| United Arab Emirates | 0.6 | 0.6 | 0.2 | N/A | -42.3% |
| Others | 3.0 | 1.7 | 2.9 | 1.3 | -24.3% |
| Total | 9.5 | 6.5 | 7.7 | 5.8 | -15.2% |
Top Suppliers of Tools, Hand; Other than Household Tools to Egypt in 2022:
- China (2762.5 tons)
- Taiwan (Chinese) (91.2 tons)
- India (69.7 tons)
- United Arab Emirates (7.1 tons)
Exports of Tools, Hand; Other than Household Tools in Egypt
Exports of tools, hand; other than household toolses from Egypt surged to 3.5 tons in 2022, jumping by 86% on 2021. Overall, exports enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 92% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of tools, hand; other than household toolses soared to $65K in 2022. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 143% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Tools, Hand; Other than Household Tools in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Libya | 2.0 | 0.8 | 9.8 | 40.6 | 172.8% |
| Germany | N/A | 12.8 | 1.1 | 6.1 | -31.0% |
| United Arab Emirates | 4.7 | 0.1 | 0.1 | 0.2 | -65.1% |
| United States | N/A | N/A | 36.1 | N/A | 0% |
| France | 11.6 | N/A | N/A | N/A | 0% |
| Oman | 2.5 | 3.8 | 3.8 | N/A | 23.3% |
| Others | N/A | 4.0 | 1.2 | 18.1 | 112.7% |
| Total | 20.8 | 21.5 | 52.2 | 65.0 | 46.2% |
Top Export Markets for Tools, Hand; Other than Household Tools from Egypt in 2022:
- Libya (2850.0 kg)
- Germany (474.0 kg)
- United Arab Emirates (145.0 kg)
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