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Italy - Tools Of Wood - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

Italy - Tools Of Wood - Market Analysis, Forecast, Size, Trends And Insights

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Jun 5, 2023

Italy's Wood Tool Price Declines to $5,081 per Ton

Italy Wood Tool Export Price in February 2023

In February 2023, the wood tool price amounted to $5,081 per ton (FOB, Italy), shrinking by -5.1% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.5%. The most prominent rate of growth was recorded in March 2022 when the average export price increased by 43% m-o-m. Over the period under review, the average export prices attained the peak figure at $5,546 per ton in August 2022; however, from September 2022 to February 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In February 2023, the country with the highest price was the United States ($15,384 per ton), while the average price for exports to Saudi Arabia ($1,523 per ton) was amongst the lowest.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.

COUNTRYExport Price of Wood Tool in Italy (USD per ton)
Feb 2022Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023
United States17,17620,09920,32221,44319,20017,96820,57421,20018,54021,03418,30121,47815,384
France3,0703,5223,0193,3123,4113,1633,1083,9434,5043,8133,6535,6124,651
Germany3,5254,1504,1104,1053,1923,7036,8493,4513,1843,9023,2856,4364,578
Spain7,02216,9513,8298,2214,7877,40622,4234,2228,7373,50512,3302,8063,789
Belgium2,3393,3942,4832,8912,9252,7102,6192,6661,9273,5252,5903,7563,443
Slovenia2,6207,6032,6017204,66418,3222,6163,3662,6643,2662,9063,0823,369
Austria2,6042,8182,6492,5012,5222,6052,6482,4602,4252,7842,9022,8412,787
Israel1,9852,1141,7661,4802,2011,8482,4181,4851,4892,5962,0271,5951,823
Algeria1,6611,8431,5221,3901,541N/A1,561N/AN/A1,6971,730N/A1,801
Saudi Arabia1,450N/A1,6161,4531,4691,455N/A1,4121,5251,4591,5471,8021,523
LebanonN/A1,844N/AN/A1,3781,797N/A1,973N/AN/A1,727N/AN/A
Average3,7665,3715,5364,7095,0564,4895,5464,4064,1894,8093,9365,3515,081

Italy Wood Tool Exports

In February 2023, the amount of tools of wood exported from Italy soared to 617 tons, rising by 27% compared with the previous month's figure. Over the period under review, exports, however, recorded a slight slump. The most prominent rate of growth was recorded in September 2022 with an increase of 50% month-to-month.

In value terms, wood tool exports soared to $3.1M (IndexBox estimates) in February 2023. In general, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2022 when exports increased by 28% month-to-month.

Italy Wood Tool Exports by Country

Germany (178 tons) was the main destination for wood tool exports from Italy, accounting for a 29% share of total exports. Moreover, wood tool exports to Germany exceeded the volume sent to the second major destination, France (89 tons), twofold. the United States (67 tons) ranked third in terms of total exports with an 11% share.

From February 2022 to February 2023, the average monthly growth rate of volume to Germany totaled -2.1%. Exports to the other major destinations recorded the following average monthly rates of exports growth: France (-2.3% per month) and the United States (+6.0% per month).

In value terms, the United States ($1M), Germany ($817K) and France ($414K) constituted the largest markets for wood tool exported from Italy worldwide, together comprising 72% of total exports. These countries were followed by Belgium, Slovenia, Spain, Austria, Saudi Arabia, Algeria and Israel, which together accounted for a further 20%.

Slovenia, with a CAGR of +55.1%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the wood tool market in Italy. 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 16291130 - Tools, tool bodies and handles and broom or brush bodies and handles of wood, boot and shoe lasts and trees of wood

Country coverage:

  • Italy

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Italy
  • 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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