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Australia - Hand Tools - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

Australia - Hand Tools - Market Analysis, Forecast, Size, Trends And Insights

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Sep 3, 2023

Price of Hand Tools in Australia Decreases Slightly to $18.0 per kg

Australia Hand Tools Import Price in June 2023

In June 2023, the hand tools price amounted to $17,962 per ton (CIF, Australia), approximately mirroring the previous month. Over the last twelve months, it increased at an average monthly rate of +1.3%. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 49% month-to-month. As a result, import price reached the peak level of $24,094 per ton. From April 2023 to June 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($30,573 per ton), while the price for Japan ($11,945 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the UK (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Australia Hand Tools Import Prices By Country (USD Per Ton)
COUNTRYImport Price of Hand Tools in Australia (USD per ton)
Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023Jun 2023
United Kingdom14,19113,19111,89513,38733,08620,63216,84412,58310,28427,08916,03115,42330,573
China18,61024,28917,70725,75811,96614,78216,65812,92513,62830,54712,38612,22625,331
Switzerland20,76822,53123,27520,98624,05021,80121,23821,55318,62818,23123,15722,10722,793
Germany15,82614,54715,87914,93719,92217,12418,95114,86715,48415,77035,35049,55816,944
United States12,96613,13514,19417,08231,51764,69618,93312,61650,83618,78731,84814,95514,521
Taiwan (Chinese)12,60212,63912,67612,33930,36425,22824,58113,05612,33428,29214,94597,67112,912
Japan16,33817,29514,65318,42214,51822,76116,13515,58314,97715,26514,34418,35411,945
Average15,44817,24515,76317,65118,28820,63019,23813,88816,18524,09416,41318,09617,962

Australia Hand Tools Import Prices by Type

There were significant differences in the average prices amongst the major supplied products. In June 2023, the product with the highest price was files, pliers, pincers, tweezers, metal cutting shears and similar hand tools ($31,117 per ton), while the price for agriculture or forestry hand tools ($6,785 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by drilling or threading hand tools, household hand tools, screwdrivers, hammers and similar hand tools (+6.1%), while the prices for the other products experienced mixed trend patterns.

Australia Hand Tools Imports

In June 2023, purchases abroad of hand tools decreased by -16.7% to 2K tons for the first time since March 2023, thus ending a two-month rising trend. In general, imports saw a noticeable curtailment. The growth pace was the most rapid in January 2023 when imports increased by 51% month-to-month.

In value terms, hand tools imports dropped significantly to $36M (IndexBox estimates) in June 2023. Over the period under review, imports continue to indicate a perceptible downturn. The pace of growth appeared the most rapid in May 2023 with an increase of 28% against the previous month.

Australia Hand Tools Imports by Type

Drilling or threading hand tools, household hand tools, screwdrivers, hammers and similar hand tools (577 tons), hand-operated spanners and wrenches (497 tons) and agriculture or forestry hand tools (370 tons) were the main products of hand tools imports to Australia, together accounting for 71% of total imports.

From June 2022 to June 2023, the most notable rate of growth in terms of purchases, amongst the major product types, was attained by agriculture or forestry hand tools (with a CAGR of +6.2%), while imports for the other products experienced a decline.

In value terms, drilling or threading hand tools, household hand tools, screwdrivers, hammers and similar hand tools ($15M) constituted the largest type of hand tools supplied to Australia, comprising 42% of total imports. The second position in the ranking was taken by hand-operated spanners and wrenches ($6.4M), with a 17% share of total imports. It was followed by hand saws, with a 16% share.

Australia Hand Tools Imports by Country

China (523 tons), Taiwan (Chinese) (465 tons) and the United States (428 tons) were the main suppliers of hand tools imports to Australia, together accounting for 70% of total imports. Germany, India, Switzerland, Japan, Italy and the UK lagged somewhat behind, together accounting for a further 19%.

From June 2022 to June 2023, the biggest increases were in Italy (with a CAGR of +4.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($13M) constituted the largest supplier of hand tools to Australia, comprising 36% of total imports. The second position in the ranking was taken by the United States ($6.2M), with a 17% share of total imports. It was followed by Taiwan (Chinese), with a 16% share.

From June 2022 to June 2023, the average monthly rate of growth in terms of value from China stood at -3.4%. The remaining supplying countries recorded the following average monthly rates of imports growth: the United States (-3.0% per month) and Taiwan (Chinese) (-4.3% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the hand tools market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 25731010 - Spades and shovels
  • Prodcom 25731020 -
  • Prodcom 25731030 - Mattocks, picks, hoes and rakes
  • Prodcom 25731040 - Axes, bill hooks and similar hewing tools (excluding ice axes)
  • Prodcom 25731050 - Secateurs and similar one-handed pruners and shears (including poultry shears) (excluding secateur type scissors with secateur blades with finger rings, pruning knives)
  • Prodcom 25731060 - Hedge shears, two-handed pruning shears and similar twohanded shears
  • Prodcom 25731070 -
  • Prodcom 25732010 - Hand saws (excluding hand saws with a self-contained motor)
  • Prodcom 25732020 - Band saw blades
  • Prodcom 25732030 - Circular saw blades with steel working parts (including slotting or slitting saw blades)
  • Prodcom 25732050 - Circular saw blades with non-steel working parts (including slitting or slotting saw blades, parts)
  • Prodcom 25732093 - Straight saw blades for working metal
  • Prodcom 25732095 -
  • Prodcom 25732099 -
  • Prodcom 25733013 - Files, rasps and similar tools (excluding punches and files for machine tools)
  • Prodcom 25733015 -
  • Prodcom 25733017 -
  • Prodcom 25733023 - Metal cutting shears and similar hand tools
  • Prodcom 25733025 - Pipe-cutters, bolt croppers, perforating punches and similar tools excluding punches and files for machine tools, machinetype metal cutting shears and office perforating punches, t icket punches
  • Prodcom 25733033 - Non-adjustable hand-operated spanners and wrenches (including torque meter wrenches) (excluding tap wrenches)
  • Prodcom 25733035 - Adjustable hand-operated spanners and wrenches (including torque meter wrenches) (excluding tap wrenches)
  • Prodcom 25733037 - Interchangeable spanner sockets
  • Prodcom 25733053 - Drilling, threading or tapping hand tools excluding interchangeable hand tools, machine-tools or power-operated hand tools, pneumatic tools or hand tools with a selfcontained motor
  • Prodcom 25733055 - Hammers and sledge hammers with working part of metal
  • Prodcom 25733057 - Planes, chisels, gouges and similar cutting tools for working wood
  • Prodcom 25733063 - Screwdrivers
  • Prodcom 25733065 - Household hand tools
  • Prodcom 25733073 - Other tools for masons, moulders, cement workers, plasterers and painters
  • Prodcom 25733077 - Other hand tools (including cartridge operated riveting) w allplugging and similar hand tools
  • Prodcom 25733083 - Blow lamps (excluding gas-operated welding appliances)
  • Prodcom 25733085 - Vices, clamps and the like
  • Prodcom 25733087 - Anvils, portable forges, hand or pedal-operated grinding wheels with frameworks (excluding grindstones and the like presented separately)
  • Prodcom 25732097 - Saw blades with working part of base metal (excluding band saw blades, circular saw blades, musical saw blades)
  • Prodcom 25733016 - Pliers, including cutting pliers, pincers and tweezers for nonmedical use and similar hand tools, of base metal

Country coverage:

  • Australia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Australia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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