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Discover the latest trends in the global wood tools market and learn about its projected growth over the next six years. With an expected increase in market volume to 1.3M tons and market value to $5.8B by 2030, now is the time to stay informed about this industry.
During the review period, Wood Tool exports reached a peak of 78K tons in 2018, but from 2019 to 2023, the exports declined slightly. In terms of value, Wood Tool exports dropped significantly to $115M in 2023.
Wood Tool exports reached a peak of 1.3K tons in 2018, but numbers decreased slightly from 2019 to 2023. In terms of value, Wood Tool exports saw rapid growth, reaching $5.9M in 2023.
In January 2023, Wood Tool imports saw a staggering 307% growth compared to the previous month. However, by November 2023, the value of Wood Tool imports had decreased to $2M.
During the period from February 2023 to September 2023, the growth of Wood Tool exports was unable to regain its momentum. However, the value of Wood Tool exports experienced a surge, reaching $1M in September 2023.
Imports of Wood Tool failed to regain momentum from April 2023 to July 2023, with its value soaring to $108K in July 2023.
In April 2023, the price of Wood Tool reached $3,666 per ton (CIF, Mexico), exhibiting a 50% increase compared to the previous month.
In February 2023, the wood tool price amounted to $5,081 per ton (FOB, Italy), shrinking by -5.1% against the previous month.