Report Update: Nov 1, 2024

World - Metal Cutting Shears And Similar Hand Tools - Market Analysis, Forecast, Size, Trends And Insights

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Metal cutting shear market

Metal cutting shear market: discover the most recent statistics provided by an Ai-driven BI platform. Datasets cover companies, imports, market size, production, exports, consumption, market prices, and trade. Here is a split by region, including the U.S., Latin America, EU, the U.K., Russia, the Middle East, Africa, and China. Market trends and forecast to 2030 are also provided in the reports.

Metal Cutting Shear - World's Largest Markets

Rating	Country
1	United States
2	China
3	Japan
4	Taiwan (Chinese)
5	Mexico

In value terms, the United States, China and Japan appeared to be the countries with the highest levels of market value in 2020, together comprising 33% of the global market. These countries were followed by Taiwan (Chinese), Mexico, India, Germany, Singapore, Canada, Brazil, Indonesia, Russia and Pakistan, which together accounted for a further 33%.

Singapore (+236.7% per year) saw the highest rates of growth with regard to market size, in terms of the main consuming countries over the period under review, while metal cutting shear market for the other global leaders experienced more modest paces of growth.

Metal Cutting Shear Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
United Arab Emirates	6697	5928	5347	-10.6%
China	6011	5786	5764	-2.1%
Netherlands	17893	14063	11783	-18.9%
Belgium	11858	11468	12185	1.4%
Spain	9043	9418	12412	17.2%
Poland	10846	11181	13968	13.5%
Norway	15548	13858	14000	-5.1%
Italy	19121	21422	16437	-7.3%
United States	24477	21675	25223	1.5%
Japan	23645	23123	25422	3.7%
Germany	47049	52216	56361	9.4%
Average	12099	14711	11359	-3.1%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Germany ($56,361 per ton), while the United Arab Emirates ($5,347 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Spain, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Singapore	8738	9032	18734	46.4%
Germany	14614	13749	17247	8.6%
Sweden	8293	11206	14711	33.2%
United Kingdom	14088	14596	13887	-0.7%
Netherlands	14073	12142	11790	-8.5%
Canada	16397	14710	11698	-15.5%
United States	10583	10718	11256	3.1%
Belgium	14073	12714	10039	-15.5%
Russia	7077	6837	7507	3.0%
United Arab Emirates	8335	6683	6065	-14.7%
China	11106	10915	6011	-26.4%
Thailand	4726	5866	3578	-13.0%
Indonesia	5623	5939	3173	-24.9%
Average	10674	10348	10513	-0.8%

Prices varied noticeably by the country of destination; the country with the highest price was Singapore ($18,734 per ton), while Indonesia ($3,173 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Singapore, while the other global leaders experienced more modest paces of growth.

Metal Cutting Shear - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	million USD			CAGR, 2018-2020
United States	34	30	45	14.9%
Singapore	1.6	1.2	14	196.5%
Germany	10	11	11	4.9%
Canada	8.4	7.7	8.1	-1.9%
Sweden	3.5	4.3	6.6	37.6%

In value terms, the United States ($45M) constitutes the largest market for imported metal cutting shears and similar hand tools worldwide, comprising 24% of global imports. The second position in the ranking was occupied by Singapore ($14M), with a 7.5% share of global imports. It was followed by Germany, with a 6.1% share.

In the United States, metal cutting shear imports increased at an average annual rate of +14.9% over the period from 2018-2020. In the other countries, the average annual rates were as follows: Singapore (+196.5% per year) and Germany (+4.9% per year).

Metal Cutting Shear - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	million USD			CAGR, 2018-2020
China	38	40	42	5.3%
Germany	26	57	26	-0.5%
United States	17	15	15	-3.6%
Japan	5.7	5.3	5.2	-4.9%
Belgium	4.3	4.1	4.8	6.3%

In value terms, the largest metal cutting shear supplying countries worldwide were China ($42M), Germany ($26M) and the United States ($15M), with a combined 63% share of global exports. These countries were followed by Japan, Belgium, Norway, Poland, the Netherlands, Italy, Spain and the United Arab Emirates, which together accounted for a further 20%.

Among the main exporting countries, the United Arab Emirates recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Metal Cutting Shear - Market Forecast

Driven by increasing demand for metal cutting shear worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Metal Cutting Shear - Product Coverage

HS 820330 - Tools, hand; metal cutting shears and similar tools

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global metal cutting shear market. 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 25733023 - Metal cutting shears and similar hand tools

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

Global market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Global production, split by region and country
Global trade (exports and imports)
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.

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. 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. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
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. 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. 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. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023