Price for Agriculture or Forestry Hand Tools in Argentina - 2023

Price for Agriculture or Forestry Hand Tools in Argentina (CIF) - 2022

The average import price for agriculture or forestry hand toolses stood at $4,614 per ton in 2022, increasing by 2.1% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 15% against the previous year. Over the period under review, average import prices reached the maximum at $5,206 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($18,953 per ton), while the price for India ($3,448 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Agriculture or Forestry Hand Tools in Argentina (FOB) - 2022

The average export price for agriculture or forestry hand toolses stood at $6,531 per ton in 2022, declining by -2.9% against the previous year. Over the period under review, the export price showed a mild contraction. The most prominent rate of growth was recorded in 2019 an increase of 14%. The export price peaked at $7,707 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Uruguay.

From 2012 to 2022, the rate of growth in terms of prices for Paraguay amounted to +3.7% per year.

Imports of Agriculture or Forestry Hand Tools in Argentina

In 2022, approx. 2.2K tons of agriculture or forestry hand toolses were imported into Argentina; rising by 99% on the previous year. Over the period under review, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, agriculture or forestry hand tools imports surged to $10M in 2022. In general, imports posted a significant expansion. 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 Argentina (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	2,001	1,348	2,309	4,645	32.4%
Brazil	563	432	859	1,729	45.4%
France	252	235	470	945	55.4%
Colombia	402	530	357	852	28.5%
Taiwan (Chinese)	74.4	115	176	355	68.4%
India	67.2	196	154	309	66.3%
Mexico	22.7	40.5	122	245	121.0%
Others	473	355	522	1,032	29.7%
Total	3,855	3,250	4,969	10,112	37.9%

Top Suppliers of Agriculture or Forestry Hand Tools to Argentina in 2022:

China (1284.3 tons)
Brazil (423.5 tons)
Colombia (187.3 tons)
India (89.8 tons)
Taiwan (Chinese) (54.9 tons)
France (49.9 tons)
Mexico (45.3 tons)

Exports of Agriculture or Forestry Hand Tools in Argentina

In 2022, overseas shipments of agriculture or forestry hand toolses decreased by -16.1% to 59 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, posted significant growth. The growth pace was the most rapid in 2020 with an increase of 174%.

In value terms, agriculture or forestry hand tools exports dropped significantly to $386K in 2022. In general, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 187%.