Price for Tools, Hand; Other than Household Tools in Slovenia - 2023

Contents:

1. Price for Tools, Hand; Other than Household Tools in Slovenia (FOB) - 2023
2. Price for Tools, Hand; Other than Household Tools in Slovenia (CIF) - 2023
3. Exports of Tools, Hand; Other than Household Tools in Slovenia
4. Imports of Tools, Hand; Other than Household Tools in Slovenia

Price for Tools, Hand; Other than Household Tools in Slovenia (FOB) - 2023

The average export price for tools, hand; other than household toolses stood at $12,172 per ton in October 2023, rising by 13% against the previous month. In general, the export price, however, continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in March 2023 an increase of 46% month-to-month. Over the period under review, the average export prices hit record highs at $21,127 per ton in August 2023; however, from September 2023 to October 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Russia ($28,021 per ton), while the average price for exports to Serbia ($5,462 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Tools, Hand; Other than Household Tools in Slovenia (CIF) - 2023

In October 2023, the average import price for tools, hand; other than household toolses amounted to $14,704 per ton, rising by 50% against the previous month. In general, import price indicated a slight expansion from October 2022 to October 2023: its price increased at an average monthly rate of +1.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for tools, hand; other than household toolses increased by +50.3% against September 2023 indices. The pace of growth was the most pronounced in July 2023 when the average import price increased by 69% against the previous month. Over the period under review, average import prices reached the peak figure in October 2023.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Taiwan (Chinese) ($19,682 per ton), while the price for Turkey ($3,226 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Austria (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Tools, Hand; Other than Household Tools in Slovenia

In 2022, after three years of growth, there was significant decline in shipments abroad of tools, hand; other than household toolses, when their volume decreased by -14% to 805 tons. In general, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +16.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 65%.

In value terms, exports of tools, hand; other than household toolses declined to $11M in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +17.3% 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 +61.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 54% against the previous year.

Top Export Markets for Tools, Hand; Other than Household Tools from Slovenia in 2022:

1. Hungary (166.4 tons)
2. Germany (109.4 tons)
3. Slovakia (90.5 tons)
4. Belgium (69.7 tons)
5. Croatia (46.9 tons)
6. Italy (44.3 tons)
7. Romania (42.1 tons)
8. Bosnia and Herzegovina (35.4 tons)
9. Egypt (19.8 tons)
10. Austria (19.2 tons)
11. Serbia (18.5 tons)
12. Montenegro (15.1 tons)
13. Switzerland (12.4 tons)

Imports of Tools, Hand; Other than Household Tools in Slovenia

After three years of growth, purchases abroad of tools, hand; other than household toolses decreased by -13.2% to 892 tons in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +10.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +35.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 29% against the previous year.

In value terms, imports of tools, hand; other than household toolses contracted to $8.9M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +14.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 36%. As a result, imports reached the peak of $9.9M, and then dropped in the following year.

Top Suppliers of Tools, Hand; Other than Household Tools to Slovenia in 2022:

1. China (327.4 tons)
2. Germany (178.2 tons)
3. Italy (149.1 tons)
4. Austria (73.8 tons)
5. Poland (54.2 tons)
6. Netherlands (21.0 tons)
7. Czech Republic (15.3 tons)

Source: IndexBox Market Intelligence Platform