Netherlands - Interchangeable Tools For Hand Tools - Market Analysis, Forecast, Size, Trends and Insights
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View PricingIn 2023, the Netherlands Achieves a Landmark $847 Million in Interchangeable Tool Exports
Netherlands Interchangeable Tool Exports
In 2023, shipments abroad of interchangeable tools for hand tools decreased by -22.1% to 16K tons, falling for the second consecutive year after six years of growth. Over the period under review, exports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 43% against the previous year. Over the period under review, the exports hit record highs at 21K tons in 2021; however, from 2022 to 2023, the exports remained at a lower figure.
In value terms, interchangeable tool exports stood at $847M (IndexBox estimates) in 2023. Overall, exports, however, saw a pronounced increase. The pace of growth appeared the most rapid in 2020 when exports increased by 79% against the previous year. Over the period under review, the exports reached the peak figure in 2023 and are likely to see gradual growth in the near future.
| COUNTRY | Export Value of Interchangeable Tool in Netherlands (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Germany | 119 | 119 | 70.9 | 78.2 | 83.6 | 88.1 | 110 | 191 | 172 | 170 | 170 |
| United States | 53.2 | 63.4 | 25.2 | 37.8 | 52.9 | 8.9 | 6.1 | 42.8 | 92.8 | 120 | 103 |
| France | 44.6 | 47.6 | 16.3 | 24.1 | 24.7 | 28.6 | 32.1 | 52.1 | 59.2 | 63.1 | 65.4 |
| Italy | 39.3 | 42.5 | 11.5 | 14.6 | 13.7 | 16.6 | 18.0 | 38.7 | 48.1 | 53.4 | 54.4 |
| Belgium | 59.2 | 59.6 | 43.9 | 56.2 | 58.5 | 54.4 | 58.7 | 72.6 | 76.1 | 48.0 | 52.3 |
| China | 9.2 | 22.8 | 9.2 | 16.3 | 27.7 | 13.9 | 18.5 | 42.6 | 50.1 | 35.1 | 44.1 |
| Sweden | 33.2 | 33.4 | 10.3 | 12.5 | 15.2 | 17.5 | 14.9 | 29.6 | 33.5 | 40.0 | 39.3 |
| United Kingdom | 40.0 | 36.3 | 10.8 | 12.3 | 12.6 | 14.9 | 15.1 | 32.6 | 31.1 | 41.6 | 39.1 |
| Others | 217 | 237 | 124 | 140 | 162 | 148 | 145 | 245 | 246 | 245 | 279 |
| Total | 615 | 662 | 322 | 392 | 451 | 391 | 418 | 747 | 808 | 816 | 847 |
Exports by Country
Germany (5K tons) was the main destination for interchangeable tool exports from the Netherlands, with a 31% share of total exports. Moreover, interchangeable tool exports to Germany exceeded the volume sent to the second major destination, Belgium (1.5K tons), threefold. The third position in this ranking was taken by Italy (1.4K tons), with an 8.6% share.
From 2013 to 2023, the average annual growth rate of volume to Germany stood at +12.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+2.1% per year) and Italy (+15.2% per year).
In value terms, Germany ($170M), the United States ($103M) and France ($65M) were the largest markets for interchangeable tool exported from the Netherlands worldwide, together comprising 40% of total exports. Italy, Belgium, China, Sweden and the UK lagged somewhat behind, together accounting for a further 27%.
Among the main countries of destination, China, with a CAGR of +17.0%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2023, the interchangeable tool price stood at $52,798 per ton (FOB, Netherlands), with an increase of 33% against the previous year. Overall, the export price, however, recorded a noticeable setback. The export price peaked at $81,203 per ton in 2013; however, from 2014 to 2023, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($340,912 per ton), while the average price for exports to Slovakia ($17,573 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the interchangeable tool market in the Netherlands. 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 25734014 - Tapping tools for working metal
- Prodcom 25734016 - Threading tools for working metal
- Prodcom 25734019 - Tapping or threading tools (excluding work and tool holders for machines or hand tools, for working metal)
- Prodcom 25734023 - Drilling tools with working part of diamond or agglomerated diamond (excluding work and tool holders for machines or hand tools, for rock drilling)
- Prodcom 25734025 - Masonry drills with working part of materials other than diamond or agglomerated diamond (excluding work and tool holders for machines or hand tools, for rock drilling)
- Prodcom 25734027 - Drilling tools with working part of sintered metal carbide, for working metal excluding unmounted sintered metal carbide plates, sticks, tips and the like for tools
- Prodcom 25734031 - Drilling tools with working part of high speed steel, for working metal excluding work and tool holders for machines or hand tools - for rock drilling
- Prodcom 25734033 - Drilling tools with working part of materials other than diamond, agglomerated diamond or sintered metal carbide, f or working metal excluding with working part of high speed steel
- Prodcom 25734035 - Drilling tools (excluding work and tool holders for machines or hand tools, with working part of diamond or agglomerated diamond, for rock drilling, masonry drills, for working metal)
- Prodcom 25734037 - Boring or broaching tools with working part of diamond or agglomerated diamond (excluding work and tool holders for machines or hand tools, for earth boring)
- Prodcom 25734044 - Boring tools for working metal, with working part of materials other than diamond or agglomerated diamond
- Prodcom 25734045 - Boring or broaching tools (excluding work and tool holders for machines or hand tools, with diamond or agglomerated diamond working parts, for working metal, for earth boring)
- Prodcom 25734048 - Broaching tools for working metal, with working part of materials other than diamond or agglomerated diamond
- Prodcom 25734050 - Milling tools with working part of sintered metal carbide, for working metal excluding unmounted sintered metal carbide plates, sticks, tips and the like for tools
- Prodcom 25734061 - Shank type milling tools for working metal (excluding with working part of sintered metal carbide)
- Prodcom 25734065 -
- Prodcom 25734067 -
- Prodcom 25734069 - Milling tools (excluding for working metal)
- Prodcom 25734071 - Turning tools with working part of sintered metal carbide, for working metal excluding unmounted sintered metal carbide plates, sticks, tips and the like for tools
- Prodcom 25734074 - Turning tools for working metal, with working part of materials other than cermets
- Prodcom 25734079 - Turning tools (excluding work and tool holders for machines or hand tools, for working metal)
- Prodcom 25734081 - Other interchangeable tools of CN .82.07 with working part of diamond
- Prodcom 25734083 - Screwdriver bits with working part of materials other than diamond or agglomerated diamond (excluding work and tool holders for machines or hand tools)
- Prodcom 25734085 - Gear-cutting tools with working part of materials other than diamond or agglomerated diamond (excluding work and tool holders for machines or hand tools)
- Prodcom 25734087 - Interchangeable hand tools with working part of sintered metal carbide excluding unmounted sintered metal carbide plates, sticks, tips and the like for tools
- Prodcom 25734089 - Interchangeable tools in other materials
- Prodcom 25736013 - Rock drilling or earth boring tools with working part of cermets
- Prodcom 25736018 - Rock-drilling or earth-boring tools, interchangeable, and parts therefor, with working parts of materials other than sintered metal carbide or cermets
- Prodcom 25736023 - Dies for drawing or extruding metal, with working part of diamond or agglomerated diamond (excluding work and tool holders for machines or hand tools)
- Prodcom 25736024 - Dies for drawing or extruding metal (excluding unmounted plates, sticks, tips, rods, pellets, rings, etc. of sintered metal carbides or cermets)
- Prodcom 25736033 - Pressing, stamping or punching tools for working metal (excluding work and tool holders for machines or hand tools)
- Prodcom 25736039 - Pressing, stamping or punching tools (excluding work and tool holders for machines or hand tools, for working metal)
Country coverage:
- Netherlands
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Netherlands
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
