
China - Hammers And Sledge Hammers With Working Part Of Metal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Hammer Prices in China
China Metal Hammer Export Price in September 2022
In September 2022, the metal hammer price stood at $3,719 per ton (FOB, China), picking up by 12% against the previous month. Over the last eight months, it increased at an average monthly rate of +1.8%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In September 2022, the country with the highest price was the United States ($5,509 per ton), while the average price for exports to Russia ($2,255 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 Thailand (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.
China Metal Hammer Exports
In September 2022, overseas shipments of hammers and sledge hammers with working part of metal decreased by -12.5% to 7.5K tons, falling for the second consecutive month after three months of growth. Overall, exports saw a pronounced decline. The most prominent rate of growth was recorded in March 2022 with an increase of 39% month-to-month. Over the period under review, the exports hit record highs at 11K tons in January 2022; however, from February 2022 to September 2022, the exports remained at a lower figure.
In value terms, metal hammer exports declined slightly to $28M (IndexBox estimates) in September 2022. Over the period under review, exports saw a pronounced decline. The growth pace was the most rapid in March 2022 with an increase of 47% m-o-m. Over the period under review, the exports hit record highs at 37K tons in July 2022; however, from August 2022 to September 2022, the exports failed to regain momentum.
China Metal Hammer Exports by Country
the United States (1.1K tons) was the main destination for metal hammer exports from China, with a 15% share of total exports. Moreover, metal hammer exports to the United States exceeded the volume sent to the second major destination, Indonesia (442 tons), threefold. Russia (382 tons) ranked third in terms of total exports with a 5.1% share.
From January 2022 to September 2022, the average monthly growth rate of volume to the United States amounted to -2.3%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Indonesia (-4.1% per month) and Russia (-5.5% per month).
In value terms, the United States ($6.1M) remains the key foreign market for metal hammer exports from China, comprising 22% of total exports. The second position in the ranking was taken by Indonesia ($1.7M), with a 6.2% share of total exports. It was followed by Germany, with a 3.1% share.
From January 2022 to September 2022, the average monthly growth rate of value to the United States totaled +1.6%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Indonesia (-0.2% per month) and Germany (-4.4% per month).
This report provides an in-depth analysis of the metal hammer market 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 25733055 - Hammers and sledge hammers with working part of metal
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
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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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORTS
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- 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: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
LIST OF FIGURES
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, By Product
- Average Per Capita Consumption, By Product
- Exports and Growth, By Product
- Export Prices and Growth, By Product
- 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: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- 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, 2012–2024
- Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- 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, 2012–2024
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In March 2023, Metal Hammer exports saw a striking 140% month-on-month growth. By December 2023, the value of Metal Hammer exports had surged to $25M.
In December 2022, the metal hammer price stood at $3,558 per ton (FOB, China), approximately mirroring the previous month.
From 2022 to 2023, the export growth of Gouges And Chisels failed to regain momentum, with exports declining in value to $98M in 2023.
In value terms, gouges and chisels exports dropped to $9.2M in April 2023.
During the period of analysis, Screwdriver exports peaked at 71K tons in 2021, but struggled to regain momentum from 2022 to 2023. In terms of value, Screwdriver exports declined to $428M in 2023.
In March 2023, Screwdriver exports saw a significant 99% month-on-month growth, reaching a value of $37M in December 2023.
In value terms, screwdriver exports reached $43M in April 2023.
In value terms, vices and clamps exports rose significantly 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.
Discover the latest market trends for hammers and sledge hammers with metal working parts, as demand continues to rise globally. Anticipated growth in both volume and value is projected through 2030, providing valuable insights for industry stakeholders.