China - Hand-Operated Drilling, Threading or Tapping Tools - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHand-Operated Drilling, Threading or Tapping Tool Prices in China
China Hand-Operated Drilling, Threading or Tapping Tool Export Price in September 2022
In September 2022, the hand-operated drilling, threading or tapping tool price stood at $10.6 per kg (FOB, China), with an increase of 8.1% against the previous month. Over the period from January 2022 to September 2022, it increased at an average monthly rate of +2.8%. The growth pace was the most rapid in June 2022 an increase of 14% against the previous month. The export price peaked in September 2022.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($24.3 per kg), while the average price for exports to Vietnam ($6,595 per ton) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.
China Hand-Operated Drilling, Threading or Tapping Tool Exports
In September 2022, shipments abroad of hand-operated drilling, threading or tapping tools decreased by -13.6% to 545 tons for the first time since February 2022, thus ending a six-month rising trend. In general, exports, however, recorded perceptible growth. The pace of growth appeared the most rapid in May 2022 with an increase of 37% against the previous month. The exports peaked at 631 tons in August 2022, and then shrank in the following month.
In value terms, exports of hand-operated drilling, threading or tapping tools dropped to $5.8M (IndexBox estimates) in September 2022. Overall, exports, however, saw a prominent expansion. The most prominent rate of growth was recorded in March 2022 when exports increased by 27% m-o-m. The exports peaked at 6.2K tons in August 2022, and then reduced in the following month.
China Hand-Operated Drilling, Threading or Tapping Tool Exports by Country
The United States (92 tons) was the main destination for exports of hand-operated drilling, threading or tapping tools from China, with a 17% share of total exports. Moreover, exports of hand-operated drilling, threading or tapping tools to the United States exceeded the volume sent to the second major destination, Germany (42 tons), twofold. The third position in this ranking was taken by the Netherlands (27 tons), with a 4.9% share.
From January 2022 to September 2022, the average monthly rate of growth in terms of volume to the United States totaled +12.6%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Germany (+3.0% per month) and the Netherlands (+2.5% per month).
In value terms, the United States ($1M) emerged as the key foreign market for hand-operated drilling, threading or tapping tool exports from China, comprising 18% of total exports. The second position in the ranking was taken by Germany ($481K), with an 8.3% share of total exports. It was followed by Japan, with a 6.5% share.
From January 2022 to September 2022, the average monthly rate of growth in terms of value to the United States totaled +12.1%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Germany (+6.8% per month) and Japan (+10.9% per month).
This report provides an in-depth analysis of the market for hand-operated drilling, threading or tapping tool in China. 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 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
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- 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 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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