Price for Tools, Hand; Other than Household Tools in Sweden - 2023
Contents:
- Price for Tools, Hand; Other than Household Tools in Sweden (CIF) - 2023
- Price for Tools, Hand; Other than Household Tools in Sweden (FOB) - 2022
- Imports of Tools, Hand; Other than Household Tools in Sweden
- Exports of Tools, Hand; Other than Household Tools in Sweden
Price for Tools, Hand; Other than Household Tools in Sweden (CIF) - 2023
In October 2023, the average import price for tools, hand; other than household toolses amounted to $12,580 per ton, shrinking by -21.4% against the previous month. Overall, the import price saw a mild decline. The growth pace was the most rapid in December 2022 an increase of 19% against the previous month. As a result, import price reached the peak level of $18,415 per ton. From January 2023 to October 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Norway ($33,488 per ton), while the price for India ($6,291 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 Norway (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tools, Hand; Other than Household Tools in Sweden (FOB) - 2022
The average export price for tools, hand; other than household toolses stood at $16,789 per ton in 2022, reducing by -4.3% against the previous year. Over the period under review, the export price recorded a slight setback. The growth pace was the most rapid in 2020 an increase of 16%. Over the period under review, the average export prices reached the peak figure at $20,050 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($43,602 per ton), while the average price for exports to Brazil ($8,113 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 the United States (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tools, Hand; Other than Household Tools in Sweden
In 2022, imports of tools, hand; other than household toolses into Sweden contracted to 3.1K tons, waning by -5.9% on the previous year. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 9.9% against the previous year. As a result, imports reached the peak of 3.3K tons, and then dropped in the following year.
In value terms, imports of tools, hand; other than household toolses rose to $46M in 2022. The total import value increased at an average annual rate of +4.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 17% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the near future.
| Import of Tools, Hand; Other than Household Tools in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 10.6 | 9.2 | 10.0 | 10.0 | -1.9% |
| Taiwan (Chinese) | 8.1 | 7.4 | 8.3 | 8.7 | 2.4% |
| China | 5.6 | 5.7 | 6.7 | 6.9 | 7.2% |
| Netherlands | 1.7 | 1.8 | 1.8 | 2.6 | 15.2% |
| Denmark | 2.4 | 2.6 | 3.1 | 2.5 | 1.4% |
| Italy | 1.5 | 1.4 | 1.3 | 1.9 | 8.2% |
| Belgium | 1.2 | 1.4 | 2.4 | 1.9 | 16.6% |
| France | 0.9 | 0.9 | 1.4 | 1.7 | 23.6% |
| Austria | 1.5 | 1.4 | 2.0 | 1.7 | 4.3% |
| Norway | 1.0 | 1.0 | 0.9 | 1.3 | 9.1% |
| India | 0.8 | 0.9 | 1.2 | 1.0 | 7.7% |
| Poland | 0.3 | 0.5 | 0.8 | 0.8 | 38.7% |
| Others | 5.6 | 4.2 | 5.2 | 5.4 | -1.2% |
| Total | 41.0 | 38.5 | 45.1 | 46.4 | 4.2% |
Top Suppliers of Tools, Hand; Other than Household Tools to Sweden in 2022:
- China (781.5 tons)
- Taiwan (Chinese) (707.1 tons)
- Germany (532.6 tons)
- Denmark (154.0 tons)
- India (153.8 tons)
- France (131.7 tons)
- Italy (99.2 tons)
- Netherlands (94.7 tons)
- Belgium (86.8 tons)
- Poland (60.9 tons)
- Norway (45.7 tons)
- Austria (39.3 tons)
Exports of Tools, Hand; Other than Household Tools in Sweden
In 2022, the amount of tools, hand; other than household toolses exported from Sweden shrank sharply to 2.3K tons, which is down by -18.3% against the previous year. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 26%. As a result, the exports attained the peak of 2.8K tons, and then reduced remarkably in the following year.
In value terms, exports of tools, hand; other than household toolses declined notably to $39M in 2022. The total export value increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 22%. As a result, the exports attained the peak of $50M, and then contracted rapidly in the following year.
| Export of Tools, Hand; Other than Household Tools in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 7.2 | 8.2 | 9.6 | 8.0 | 3.6% |
| Denmark | 5.5 | 6.5 | 7.2 | 5.8 | 1.8% |
| France | 3.5 | 3.9 | 5.1 | 3.8 | 2.8% |
| Finland | 3.7 | 3.9 | 4.3 | 3.6 | -0.9% |
| United States | 1.8 | 2.3 | 3.8 | 2.7 | 14.5% |
| Belgium | 0.6 | 1.0 | 4.2 | 2.5 | 60.9% |
| Germany | 2.2 | 2.0 | 2.8 | 2.1 | -1.5% |
| Poland | 0.6 | 0.6 | 0.9 | 0.8 | 10.1% |
| Netherlands | 0.8 | 0.2 | 1.0 | 0.7 | -4.4% |
| Brazil | 0.4 | 0.2 | 0.2 | 0.3 | -9.1% |
| Others | 10.4 | 11.8 | 10.4 | 8.4 | -6.9% |
| Total | 36.8 | 40.5 | 49.6 | 38.8 | 1.8% |
Top Export Markets for Tools, Hand; Other than Household Tools from Sweden in 2022:
- Norway (542.8 tons)
- Denmark (462.9 tons)
- France (271.4 tons)
- Finland (205.5 tons)
- Belgium (183.0 tons)
- Germany (119.1 tons)
- United States (63.1 tons)
- Poland (58.3 tons)
- Netherlands (43.3 tons)
- Brazil (35.7 tons)
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