Price for Tools, Hand; Other than Household Tools in Ireland - 2023
Contents:
- Price for Tools, Hand; Other than Household Tools in Ireland (CIF) - 2022
- Price for Tools, Hand; Other than Household Tools in Ireland (FOB) - 2022
- Imports of Tools, Hand; Other than Household Tools in Ireland
- Exports of Tools, Hand; Other than Household Tools in Ireland
Price for Tools, Hand; Other than Household Tools in Ireland (CIF) - 2022
In 2022, the average import price for tools, hand; other than household toolses amounted to $18,202 per ton, surging by 21% against the previous year. Over the period under review, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +8.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tools, hand; other than household toolses increased by +73.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 42%. The import price peaked in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($64,842 per ton), while the price for India ($4,474 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tools, Hand; Other than Household Tools in Ireland (FOB) - 2022
The average export price for tools, hand; other than household toolses stood at $16,038 per ton in 2022, increasing by 5.8% against the previous year. In general, the export price enjoyed a prominent increase. The pace of growth appeared the most rapid in 2018 an increase of 287%. As a result, the export price reached the peak level of $49,791 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($171,448 per ton), while the average price for exports to the UK ($10,385 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 Morocco (+22.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tools, Hand; Other than Household Tools in Ireland
In 2022, the amount of tools, hand; other than household toolses imported into Ireland stood at 1.3K tons, growing by 15% against the previous year. The total import volume increased at an average annual rate of +3.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 23%. As a result, imports attained the peak of 1.4K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of tools, hand; other than household toolses surged to $23M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +24.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +93.3% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Tools, Hand; Other than Household Tools in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.8 | 0.9 | 3.1 | 7.5 | 110.9% |
| China | 1.9 | 1.6 | 4.4 | 4.8 | 36.2% |
| United Kingdom | 7.0 | 10.0 | 4.3 | 4.7 | -12.4% |
| Germany | 0.7 | 0.8 | 0.7 | 1.3 | 22.9% |
| Taiwan (Chinese) | 0.4 | 0.3 | 1.4 | 1.2 | 44.2% |
| India | 0.1 | 0.1 | 0.4 | 0.4 | 58.7% |
| Others | 1.1 | 1.2 | 2.2 | 3.3 | 44.2% |
| Total | 12.0 | 14.8 | 16.6 | 23.1 | 24.4% |
Top Suppliers of Tools, Hand; Other than Household Tools to Ireland in 2022:
- China (534.7 tons)
- United Kingdom (267.5 tons)
- United States (115.4 tons)
- Germany (112.2 tons)
- India (91.3 tons)
- Taiwan (Chinese) (58.9 tons)
Exports of Tools, Hand; Other than Household Tools in Ireland
In 2022, exports of tools, hand; other than household toolses from Ireland dropped markedly to 142 tons, reducing by -27.7% on 2021 figures. Overall, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 310%. As a result, the exports attained the peak of 197 tons, and then declined rapidly in the following year.
In value terms, exports of tools, hand; other than household toolses declined notably to $2.3M in 2022. Over the period under review, exports recorded a slight curtailment. The growth pace was the most rapid in 2021 when exports increased by 62% against the previous year. As a result, the exports reached the peak of $3M, and then declined remarkably in the following year.
| Export of Tools, Hand; Other than Household Tools in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 523 | 488 | 2,275 | 1,360 | 37.5% |
| United States | 301 | 389 | 166 | 186 | -14.8% |
| Others | 1,544 | 964 | 544 | 736 | -21.9% |
| Total | 2,368 | 1,841 | 2,985 | 2,282 | -1.2% |
Top Export Markets for Tools, Hand; Other than Household Tools from Ireland in 2022:
- United Kingdom (130.9 tons)
- United States (2.2 tons)
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