United Kingdom - Spades And Shovels - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSpades and Shovels Price in the UK - 2023
Contents:
- Spades and Shovels Price in the UK (CIF) - 2023
- Spades and Shovels Price in the UK (FOB) - 2022
- Spades and Shovels Imports in the UK
- Spades and Shovels Exports in the UK
Spades and Shovels Price in the UK (CIF) - 2023
In June 2023, the average spades and shovels import price amounted to $3,404 per ton, reducing by -7.3% against the previous month. Overall, import price indicated strong growth from June 2022 to June 2023: its price increased at an average monthly rate of +9.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, spades and shovels import price decreased by -6.9% against January 2023 indices. The growth pace was the most rapid in July 2022 an increase of 265% against the previous month. The import price peaked at $4,771 per ton in December 2022; however, from January 2023 to June 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($3,625 per ton), while the price for Vietnam ($2,216 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 China (+14.2%), while the prices for the other major suppliers experienced a decline.
Spades and Shovels Price in the UK (FOB) - 2022
The average spades and shovels export price stood at $13,550 per ton in 2022, rising by 23% against the previous year. Over the period under review, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, spades and shovels export price increased by +76.3% against 2015 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($40,657 per ton), while the average price for exports to Spain ($4,245 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 South Africa (+18.3%), while the prices for the other major destinations experienced more modest paces of growth.
Spades and Shovels Imports in the UK
In 2022, imports of spades and shovels into the UK shrank to 6.2K tons, with a decrease of -11.8% compared with 2021. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +8.5% 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 +38.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 57%. As a result, imports reached the peak of 7K tons, and then declined in the following year.
In value terms, spades and shovels imports contracted rapidly to $21M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +13.1% 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 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 79% against the previous year. As a result, imports attained the peak of $26M, and then fell remarkably in the following year.
| Import of Spades and Shovels in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 7.1 | 6.8 | 11.3 | 10.1 | 12.5% |
| China | 5.6 | 5.3 | 12.0 | 9.6 | 19.7% |
| Others | 1.9 | 2.3 | 2.3 | 1.5 | -7.6% |
| Total | 14.7 | 14.3 | 25.6 | 21.2 | 13.0% |
Top Suppliers of Spades and Shovels to the UK in 2022:
- India (3.1K tons)
- China (2.9K tons)
Spades and Shovels Exports in the UK
In 2022, exports of spades and shovels from the UK soared to 516 tons, picking up by 75% against the previous year. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +11.5% 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 +78.7% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, spades and shovels exports surged to $7M in 2022. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Spades and Shovels in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 140 | 157 | 185 | 4,723 | 223.1% |
| Ireland | 506 | 553 | 408 | 254 | -20.5% |
| Netherlands | 733 | 506 | 522 | 227 | -32.3% |
| China | 17.4 | N/A | 12.0 | 216 | 131.5% |
| France | 153 | 182 | 166 | 187 | 6.9% |
| New Zealand | 146 | 128 | 144 | 169 | 5.0% |
| Belgium | 24.9 | 22.9 | 31.0 | 130 | 73.5% |
| Peru | N/A | 13.5 | 6.9 | 124 | 203.1% |
| United Arab Emirates | 23.3 | 15.0 | 15.3 | 99.2 | 62.1% |
| Germany | 237 | 300 | 146 | 74.4 | -32.0% |
| Canada | 10.5 | 18.3 | 51.2 | 51.5 | 69.9% |
| Spain | 47.3 | 32.2 | 31.8 | 35.1 | -9.5% |
| Others | 1,154 | 752 | 1,550 | 708 | -15.0% |
| Total | 3,193 | 2,679 | 3,270 | 6,998 | 29.9% |
Top Export Markets for Spades and Shovels from the UK in 2022:
- United States (284.9 tons)
- Ireland (38.4 tons)
- Netherlands (24.4 tons)
- Peru (23.9 tons)
- New Zealand (18.9 tons)
- China (18.2 tons)
- Belgium (14.5 tons)
- United Arab Emirates (12.2 tons)
- France (11.4 tons)
- Canada (8.8 tons)
- Spain (8.3 tons)
- Germany (8.0 tons)
This report provides an in-depth analysis of the spades and shovels market in the UK. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25731010 - Spades and shovels
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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