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Explore the growing global market for household hand tools, projected to see continued increase in demand over the next six years. Forecasted to reach 502K tons and $4.8B in value by 2030.
Imports of Household Hand Tools have reached their peak and are projected to keep growing in the near future. The value of these imports soared to $215M in 2024.
Imports of Household Hand Tools reached a peak of 4.7K tons in 2022 before declining the following year. In terms of value, imports decreased significantly to $39M in 2023.
Household Hand Tools imports peaked at 7.5K tons in 2022, and then declined in the following year. In value terms, imports dropped to $78M in 2023.
The pace of growth for Household Hand Tools imports was most rapid in May 2023 with a 40% increase month-on-month. In value terms, imports declined notably to $7.8M in October 2023.
The rate of growth for Household Hand Tools reached its highest point in May 2023, showing a significant increase of 65% compared to the previous month. In terms of value, imports of household hand tools soared to $3M in September 2023.
In May 2023, the growth rate of Household Hand Tools imports was exceptionally rapid, with a 60% increase compared to the previous month. However, in August 2023, the value of imports slightly declined to $2.4M.
The import value of Household Hand Tools witnessed a significant decline, reaching $5.9M in June 2023.
In June 2023, the price of Household Hand Tools was $5,892 per ton (CIF, Thailand), with a decrease of -2.3% compared to the previous month.
The price of Household Hand Tools in April 2023 was $13,615 per ton (FOB, Netherlands), showing an 86% increase compared to the previous month.
In value terms, household hand tools imports skyrocketed to $17M in April 2023.
In February 2023, the price of household hand tools per ton (FOB, China) was $13,080, a 24% increase from the previous month.