Price for Tools, Hand; Other than Household Tools in Bolivia - 2023

Contents:

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

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

The average import price for tools, hand; other than household toolses stood at $3,069 per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the import price recorded a pronounced contraction. The pace of growth was the most pronounced in 2015 when the average import price increased by 22% against the previous year. As a result, import price attained the peak level of $4,661 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

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 Taiwan (Chinese) ($8,231 per ton), while the price for India ($1,020 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for tools, hand; other than household toolses stood at $107,271 per ton in 2022, declining by -75.4% against the previous year. Over the period under review, the export price, however, recorded a strong increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 268% against the previous year. Over the period under review, the average export prices attained the maximum at $436,909 per ton in 2021, and then dropped remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($666,167 per ton), while the average price for exports to Peru ($13,000 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+28.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 816 tons of tools, hand; other than household toolses were imported into Bolivia; surging by 15% against the year before. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +5.5% 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 +91.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 67% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, imports of tools, hand; other than household toolses rose notably to $2.5M in 2022. Overall, imports, however, recorded a mild downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 42%.

Import of Tools, Hand; Other than Household Tools in Bolivia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,4279161,4101,5783.4%
Brazil3031803153616.0%
United States25316196.1140-17.9%
Taiwan (Chinese)12558.5136122-0.8%
Germany81.115.319.453.3-13.1%
Mexico38.221.831.545.35.8%
India33.87.925.716.8-20.8%
Spain24621.88.10.9-84.6%
Others13915915018610.2%
Total2,6461,5402,1912,503-1.8%

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

  1. China (483.3 tons)
  2. Brazil (213.7 tons)
  3. Mexico (34.3 tons)
  4. United States (22.9 tons)
  5. Germany (22.1 tons)
  6. India (16.4 tons)
  7. Taiwan (Chinese) (14.8 tons)
  8. Spain (0.1 tons)

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

In 2022, exports of tools, hand; other than household toolses from Bolivia reduced to 269 kg, declining by -9.1% on the previous year's figure. In general, exports saw a perceptible setback. The pace of growth was the most pronounced in 2021 with an increase of 77% against the previous year. As a result, the exports attained the peak of 296 kg, and then contracted in the following year.

In value terms, exports of tools, hand; other than household toolses declined rapidly to $29K in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 113% against the previous year.

Export of Tools, Hand; Other than Household Tools in Bolivia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil1.116.818.212.0121.8%
United StatesN/A0.35.78.0416.4%
ChileN/AN/A0.46.71575.0%
RussiaN/AN/AN/A1.50%
Colombia1.2N/AN/A0.3-37.0%
Spain0.8N/A0.3N/A-38.8%
Austria21.30.1N/AN/A-99.5%
Mexico1.434.77.9N/A137.5%
NetherlandsN/AN/A0.8N/A0%
CanadaN/A8.60.9N/A-89.5%
Others3.51.995.30.5-47.7%
Total29.262.412928.9-0.3%

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

  1. Chile (154.0 kg)
  2. United States (78.0 kg)
  3. Brazil (18.0 kg)
  4. Russia (8.0 kg)
  5. Colombia (6.0 kg)

Source: IndexBox Market Intelligence Platform

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