China - Tools Of Wood - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWood Tool Prices in China
China Wood Tool Export Price in September 2022
In September 2022, the wood tool price stood at $3,124 per ton (FOB, China), waning by -22.7% against the previous month. Over the period under review, the export price continues to indicate a deep reduction. The pace of growth was the most pronounced in February 2022 an increase of 2.7% against the previous month. As a result, the export price reached the peak level of $5,225 per ton. From March 2022 to September 2022, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In September 2022, the country with the highest price was South Korea ($7,419 per ton), while the average price for exports to Chile ($659 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 Singapore (+29.0%), while the prices for the other major destinations experienced more modest paces of growth.
China Wood Tool Exports
In September 2022, shipments abroad of tools of wood decreased by -7.3% to 2.2K tons, falling for the fourth consecutive month after three months of growth. Over the period under review, exports saw a deep reduction. The pace of growth was the most pronounced in March 2022 with an increase of 44% against the previous month. Over the period under review, the exports hit record highs at 6.3K tons in January 2022; however, from February 2022 to September 2022, the exports failed to regain momentum.
In value terms, wood tool exports shrank significantly to $7M (IndexBox estimates) in September 2022. Overall, exports faced a abrupt curtailment. The pace of growth was the most pronounced in March 2022 with an increase of 31% against the previous month. Over the period under review, the exports reached the maximum at 32K tons in January 2022; however, from February 2022 to September 2022, the exports stood at a somewhat lower figure.
China Wood Tool Exports by Country
Saudi Arabia (255 tons), Indonesia (152 tons) and South Africa (150 tons) were the main destinations of wood tool exports from China, together accounting for 25% of total exports. These countries were followed by Iraq, Yemen, Malaysia, Italy, South Korea, Japan, Singapore, Mexico, Costa Rica and Chile, which together accounted for a further 39%.
From January 2022 to September 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Singapore (with a CAGR of +46.5%), while the other leaders experienced more modest paces of growth.
In value terms, Yemen ($650K), South Korea ($638K) and Saudi Arabia ($556K) appeared to be the largest markets for wood tool exported from China worldwide, with a combined 26% share of total exports. These countries were followed by Indonesia, Singapore, South Africa, Japan, Italy, Mexico, Iraq, Malaysia, Costa Rica and Chile, which together accounted for a further 34%.
In terms of the main countries of destination, Singapore, with a CAGR of +88.9%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the wood tool 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 16291130 - Tools, tool bodies and handles and broom or brush bodies and handles of wood, boot and shoe lasts and trees of wood
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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- 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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- 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 Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- 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 Of Destination, 2012–2024
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This report provides an in-depth analysis of the wood tool market in China.
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This report provides an in-depth analysis of the global wood tool market.
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This report provides an in-depth analysis of the wood tool market in China.
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This report provides an in-depth analysis of the global wood tool market.
487
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.
30
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.
487
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.
30
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.
