Price for Hand-Operated Spanners and Wrenches in Croatia - 2023
Contents:
- Price for Hand-Operated Spanners and Wrenches in Croatia (CIF) - 2022
- Price for Hand-Operated Spanners and Wrenches in Croatia (FOB) - 2022
- Imports of Hand-Operated Spanners and Wrenches in Croatia
- Exports of Hand-Operated Spanners and Wrenches in Croatia
Price for Hand-Operated Spanners and Wrenches in Croatia (CIF) - 2022
The average hand-operated spanners and wrenches import price stood at $12,393 per ton in 2022, growing by 12% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($22,730 per ton), while the price for India ($6,267 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Hand-Operated Spanners and Wrenches in Croatia (FOB) - 2022
The average hand-operated spanners and wrenches export price stood at $7,586 per ton in 2022, growing by 29% against the previous year. In general, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hand-operated spanners and wrenches export price increased by +40.3% against 2018 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Serbia ($17,803 per ton), while the average price for exports to the United States ($3,677 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 Slovenia (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Hand-Operated Spanners and Wrenches in Croatia
In 2022, approx. 519 tons of hand-operated spanners and wrencheses were imported into Croatia; with a decrease of -5.7% against 2021 figures. The total import volume increased at an average annual rate of +2.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 17% against the previous year. As a result, imports attained the peak of 550 tons, and then shrank in the following year.
In value terms, hand-operated spanners and wrenches imports expanded notably to $6.4M in 2022. The total import value increased at an average annual rate of +6.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 23% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Hand-Operated Spanners and Wrenches in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2,205 | 2,101 | 2,784 | 2,947 | 10.2% |
| Poland | 600 | 712 | 826 | 997 | 18.4% |
| Slovenia | 656 | 583 | 599 | 710 | 2.7% |
| Italy | 454 | 274 | 397 | 416 | -2.9% |
| Austria | 617 | 534 | 430 | 398 | -13.6% |
| China | 238 | 269 | 378 | 295 | 7.4% |
| Netherlands | 64.9 | 71.5 | 141 | 134 | 27.3% |
| Others | 435 | 418 | 545 | 529 | 6.7% |
| Total | 5,270 | 4,963 | 6,100 | 6,426 | 6.8% |
Top Suppliers of Hand-Operated Spanners and Wrenches to Croatia in 2022:
- Germany (223.0 tons)
- Poland (120.2 tons)
- China (42.2 tons)
- Slovenia (32.2 tons)
- Italy (25.0 tons)
- Austria (17.5 tons)
- Netherlands (12.6 tons)
Exports of Hand-Operated Spanners and Wrenches in Croatia
For the third consecutive year, Croatia recorded decline in shipments abroad of hand-operated spanners and wrencheses, which decreased by -36.1% to 214 tons in 2022. Overall, exports faced a deep setback. The smallest decline of -6.3% was in 2020.
In value terms, hand-operated spanners and wrenches exports contracted rapidly to $1.6M in 2022. Over the period under review, exports recorded a abrupt setback. The smallest decline of -2.3% was in 2020.
| Export of Hand-Operated Spanners and Wrenches in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 672 | 736 | 686 | 573 | -5.2% |
| Serbia | 190 | 215 | 273 | 236 | 7.5% |
| Bosnia and Herzegovina | 131 | 142 | 157 | 232 | 21.0% |
| United States | 767 | 672 | 585 | 216 | -34.5% |
| Slovenia | 73.1 | 85.0 | 120 | 146 | 25.9% |
| Montenegro | 21.3 | 17.0 | 55.4 | 60.3 | 41.5% |
| North Macedonia | 11.0 | 40.4 | 19.4 | 43.0 | 57.5% |
| Brazil | 90.4 | 27.4 | 6.2 | N/A | -73.8% |
| Others | 157 | 128 | 63.7 | 120 | -8.6% |
| Total | 2,112 | 2,063 | 1,966 | 1,626 | -8.3% |
Top Export Markets for Hand-Operated Spanners and Wrenches from Croatia in 2022:
- Germany (90.6 tons)
- United States (58.8 tons)
- Bosnia and Herzegovina (19.2 tons)
- Slovenia (15.1 tons)
- Serbia (13.2 tons)
- Montenegro (5.5 tons)
- North Macedonia (4.1 tons)
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