Price for Agriculture or Forestry Hand Tools in Singapore - 2022
Contents:
- Price for Agriculture or Forestry Hand Tools in Singapore (FOB) - 2022
- Price for Agriculture or Forestry Hand Tools in Singapore (CIF) - 2022
- Exports of Agriculture or Forestry Hand Tools in Singapore
- Imports of Agriculture or Forestry Hand Tools in Singapore
Price for Agriculture or Forestry Hand Tools in Singapore (FOB) - 2022
In September 2022, the average export price for agriculture or forestry hand toolses amounted to $8,999 per ton, reducing by -2.1% against the previous month. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in June 2022 an increase of 11% against the previous month. Over the period under review, the average export prices reached the peak figure at $9,794 per ton in February 2022; however, from March 2022 to September 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In September 2022, the country with the highest price was the Philippines ($9,169 per ton), while the average price for exports to Qatar ($4,435 per ton) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+123.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Agriculture or Forestry Hand Tools in Singapore (CIF) - 2022
The average import price for agriculture or forestry hand toolses stood at $8,020 per ton in September 2022, shrinking by -2.6% against the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2022 when the average import price increased by 9.3% against the previous month. The import price peaked at $8,469 per ton in January 2022; however, from February 2022 to September 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was Japan ($12,590 per ton), while the price for China ($5,706 per ton) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by Thailand (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Agriculture or Forestry Hand Tools in Singapore
In 2022, approx. 1.4K tons of agriculture or forestry hand toolses were exported from Singapore; with an increase of 236% on 2021 figures. Overall, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, agriculture or forestry hand tools exports skyrocketed to $7.9M in 2022. Over the period under review, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Agriculture or Forestry Hand Tools in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 1.0 | 62.7 | 1,419 | 3,456 | 1411.9% |
| Solomon Islands | 442 | 59.5 | 515 | 1,254 | 41.6% |
| Indonesia | 382 | 186 | 490 | 1,194 | 46.2% |
| Papua New Guinea | 201 | 544 | 0.4 | 584 | 42.7% |
| Philippines | 190 | 83.0 | 69.3 | 269 | 12.3% |
| Thailand | 112 | 129 | 100 | 269 | 33.9% |
| China | 121 | 11.5 | 63.0 | 153 | 8.1% |
| Others | 444 | 619 | 281 | 726 | 17.8% |
| Total | 1,892 | 1,695 | 2,939 | 7,905 | 61.1% |
Top Export Markets for Agriculture or Forestry Hand Tools from Singapore in 2022:
- Hong Kong SAR (607.6 tons)
- Indonesia (287.6 tons)
- Solomon Islands (219.6 tons)
- Papua New Guinea (107.5 tons)
- Philippines (38.2 tons)
- Thailand (35.9 tons)
- China (32.4 tons)
Imports of Agriculture or Forestry Hand Tools in Singapore
In 2022, supplies from abroad of agriculture or forestry hand toolses was finally on the rise to reach 808 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, agriculture or forestry hand tools imports skyrocketed to $6.2M in 2022. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Agriculture or Forestry Hand Tools in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 736 | 443 | 865 | 2,305 | 46.3% |
| Taiwan (Chinese) | 388 | 337 | 330 | 919 | 33.3% |
| Brazil | 304 | 496 | 27.9 | 720 | 33.3% |
| Japan | 264 | 237 | 214 | 623 | 33.1% |
| United States | 217 | 209 | 112 | 469 | 29.3% |
| Germany | 33.8 | 21.8 | 105 | 280 | 102.3% |
| Mexico | 58.2 | 16.3 | 60.5 | 161 | 40.4% |
| United Kingdom | 58.8 | 10.7 | 11.5 | 70.5 | 6.2% |
| Others | 305 | 267 | 336 | 691 | 31.3% |
| Total | 2,365 | 2,038 | 2,063 | 6,240 | 38.2% |
Top Suppliers of Agriculture or Forestry Hand Tools to Singapore in 2022:
- China (326.5 tons)
- Brazil (116.1 tons)
- Taiwan (Chinese) (94.6 tons)
- Japan (67.3 tons)
- United States (65.7 tons)
- Germany (27.5 tons)
- Mexico (24.6 tons)
- United Kingdom (13.7 tons)
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