Asia: Electromechanical Hand Tools Market 2020

Electromechanical Hand Tools Market Size in Asia

The revenue of the electromechanical hand tools market in Asia amounted to $X in 2017, coming up by X% against the previous year. The market value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2010, when it surged by X% y-o-y. The level of electromechanical hand tools consumption peaked of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Electromechanical Hand Tools Production in Asia

In 2017, production of electromechanical hand tools operated without an external source of power in Asia stood at X units, coming down by -X% against the previous year. The electromechanical hand tools production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010, with an increase of X% y-o-y. The volume of electromechanical hand tools production peaked of X units in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Electromechanical Hand Tools Exports in Asia

In 2017, approx. X units of electromechanical hand tools operated without an external source of power were exported in Asia; coming up by X% against the previous year. The electromechanical hand tools exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2016, with an increase of X% y-o-y. Over the period under review, the electromechanical hand tools exports reached its peak figure volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, electromechanical hand tools exports totaled $X in 2017. The total exports indicated a strong expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the electromechanical hand tools exports increased by +X% against 2009 indices. The level of exports peaked in 2017, and are likely to see steady growth in the immediate term.

Electromechanical Hand Tools Exports by Country in Asia

China (X units) represented roughly X% of total exports of electromechanical hand tools operated without an external source of power in 2017.

China was also the fastest growing in terms of the electromechanical hand tools operated without an external source of power exports, with a CAGR of +X% from 2007 to 2017. From 2007 to 2017, the share of China decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest electromechanical hand tools supplier in Asia.

From 2007 to 2017, the average annual rate of growth in terms of value in China totaled +X%.

Electromechanical Hand Tools Export Prices by Country in Asia

In 2017, the electromechanical hand tools export price in Asia amounted to $X per unit, increasing by X% against the previous year. The electromechanical hand tools export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, an increase of X% against the previous year. Over the period under review, the export prices for electromechanical hand tools operated without an external source of power attained its peak figure level of $X per unit in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

As there is only one major export destination, the average price level is determined by export prices for China.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China (+X% per year).

Electromechanical Hand Tools Imports in Asia

The imports stood at X units in 2017, going up by X% against the previous year. The electromechanical hand tools imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2010, with an increase of X% against the previous year. The volume of imports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, electromechanical hand tools imports amounted to $X in 2017. The total imports indicated a strong growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the electromechanical hand tools imports increased by +X% against 2009 indices. Over the period under review, the electromechanical hand tools imports attained its maximum level in 2017, and are likely to see steady growth in the near future.

Electromechanical Hand Tools Imports by Country in Asia

In 2017, Thailand (X units), India (X units), Japan (X units), China, Hong Kong SAR (X units), China (X units), South Korea (X units), Indonesia (X units), Turkey (X units), Malaysia (X units), Singapore (X units), the United Arab Emirates (X units) and Iran (X units) were the main importers of electromechanical hand tools operated without an external source of power in Asia, making up X% of total import.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by India (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), South Korea ($X) and China ($X) constituted the countries with the highest levels of imports in 2017, together accounting for X% of total imports. Turkey, Indonesia, the United Arab Emirates, India, Thailand, Singapore, China, Hong Kong SAR, Malaysia and Iran lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries , India (+X% per year) experienced the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Electromechanical Hand Tools Import Prices by Country in Asia

The electromechanical hand tools import price in Asia stood at $X per unit in 2017, lowering by -X% against the previous year. The electromechanical hand tools import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when the import prices increased by X% y-o-y. The level of import price peaked of $X per unit in 2013; however, from 2014 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Japan ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Japan (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform