Price for Tools, Hand; Other than Household Tools in Israel - 2022

Contents:

  1. Price for Tools, Hand; Other than Household Tools in Israel (CIF) - 2022
  2. Price for Tools, Hand; Other than Household Tools in Israel (FOB) - 2022
  3. Imports of Tools, Hand; Other than Household Tools in Israel
  4. Exports of Tools, Hand; Other than Household Tools in Israel

Price for Tools, Hand; Other than Household Tools in Israel (CIF) - 2022

In 2022, the average import price for tools, hand; other than household toolses amounted to $13,771 per ton, approximately mirroring the previous year. Overall, the import price, however, saw a slight reduction. The growth pace was the most rapid in 2020 when the average import price increased by 1% against the previous year. The import price peaked at $15,310 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Sweden ($13,713 per ton) and Turkey ($13,713 per ton), while the price for France ($13,713 per ton) and Italy ($13,713 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-1.1%), while the prices for the other major suppliers experienced a decline.

Price for Tools, Hand; Other than Household Tools in Israel (FOB) - 2022

In 2022, the average export price for tools, hand; other than household toolses amounted to $26,692 per ton, surging by 7.4% against the previous year. Overall, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +8.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when the average export price increased by 20% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.

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 Netherlands ($29,216 per ton), while the average price for exports to Cyprus ($4,175 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 Kenya (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of tools, hand; other than household toolses into Israel fell modestly to 1.4K tons in 2022, dropping by -2.8% on 2021 figures. The total import volume increased at an average annual rate of +3.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 28%. As a result, imports attained the peak of 1.4K tons, and then reduced modestly in the following year.

In value terms, imports of tools, hand; other than household toolses dropped slightly to $19M in 2022. The total import value increased at an average annual rate of +4.0% 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 with an increase of 29% against the previous year. As a result, imports attained the peak of $19M, and then dropped modestly in the following year.

Import of Tools, Hand; Other than Household Tools in Israel (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.54.47.46.110.7%
United States3.93.13.53.4-4.5%
Taiwan (Chinese)1.11.11.71.817.8%
Germany1.21.21.91.814.5%
Italy1.51.10.90.9-15.7%
United Kingdom0.60.50.50.75.3%
Turkey0.40.30.50.57.7%
France0.40.40.80.40.0%
Hong Kong SAR0.20.30.10.426.0%
Japan0.40.40.30.3-9.1%
Sweden0.40.20.20.3-9.1%
Switzerland0.20.30.20.314.5%
Others2.11.81.52.10.0%
Total16.915.019.419.04.0%

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

  1. China (441.8 tons)
  2. United States (247.4 tons)
  3. Germany (133.5 tons)
  4. Taiwan (Chinese) (130.1 tons)
  5. Italy (65.0 tons)
  6. United Kingdom (54.4 tons)
  7. Turkey (35.1 tons)
  8. France (32.2 tons)
  9. Hong Kong SAR (29.5 tons)
  10. Switzerland (23.7 tons)
  11. Sweden (23.2 tons)
  12. Japan (18.7 tons)

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

In 2022, approx. 119 tons of tools, hand; other than household toolses were exported from Israel; reducing by -27.9% on 2021 figures. In general, exports saw a precipitous descent. The most prominent rate of growth was recorded in 2021 with an increase of 42%.

In value terms, exports of tools, hand; other than household toolses dropped rapidly to $3.2M in 2022. Over the period under review, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 42%.

Export of Tools, Hand; Other than Household Tools in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2,9441,2561,006503-44.5%
South Korea19.088.049.7451187.4%
Canada45.07.048.832994.1%
Netherlands22.029.068.7321144.4%
Italy20345.0129196-1.2%
Germany275140165195-10.8%
Belgium1522512351754.8%
France395170189140-29.2%
Kenya1.0N/A1.0121394.6%
United Kingdom28988.0155108-28.0%
Denmark2.02.018.985.0249.0%
Romania2.06.044.864.0217.5%
CyprusN/A1.08.052.0621.1%
Others1,8338121,983439-37.9%
Total6,1822,8954,1023,179-19.9%

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

  1. United States (17.3 tons)
  2. South Korea (15.5 tons)
  3. Cyprus (12.5 tons)
  4. Canada (11.3 tons)
  5. Netherlands (11.0 tons)
  6. Italy (6.7 tons)
  7. Germany (6.7 tons)
  8. Belgium (6.0 tons)
  9. France (4.8 tons)
  10. Kenya (4.1 tons)
  11. United Kingdom (3.7 tons)
  12. Denmark (2.9 tons)
  13. Romania (2.2 tons)

Source: IndexBox Market Intelligence Platform

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