Asia-Pacific: Market for Pneumatic Or Hydraulic Hand Tools 2025

Market Size for Pneumatic Or Hydraulic Hand Tools in Asia-Pacific

In 2021, the Asia-Pacific market for pneumatic or hydraulic hand tools decreased by -19.1% to $X, falling for the second consecutive year after five years of growth. The total consumption indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +2.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -21.3% against 2019 indices. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Pneumatic Or Hydraulic Hand Tools in Asia-Pacific

In value terms, pneumatic or hydraulic hand tool production shrank slightly to $X in 2021 estimated in export price. The total production indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +64.8% against 2012 indices. The pace of growth appeared the most rapid in 2019 with an increase of 25%. The level of production peaked at $X in 2020, and then shrank slightly in the following year.

Exports of Pneumatic Or Hydraulic Hand Tools

Exports in Asia-Pacific

In 2021, shipments abroad of pneumatic or hydraulic hand tools increased by 83% to X tons, rising for the fifth year in a row after two years of decline. In general, exports enjoyed a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, pneumatic or hydraulic hand tool exports surged to $X in 2021. The total export value increased at an average annual rate of +4.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China was the main exporting country with an export of around X tons, which resulted at 82% of total exports. It was distantly followed by Taiwan (Chinese) (X tons), creating a 12% share of total exports. Japan (X tons) followed a long way behind the leaders.

China was also the fastest-growing in terms of the pneumatic or hydraulic hand tools exports, with a CAGR of +21.2% from 2012 to 2021. At the same time, Taiwan (Chinese) (+4.8%) displayed positive paces of growth. By contrast, Japan (-3.0%) illustrated a downward trend over the same period. From 2012 to 2021, the share of China increased by +33 percentage points.

In value terms, China ($X) remains the largest pneumatic or hydraulic hand tool supplier in Asia-Pacific, comprising 64% of total exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 21% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in China stood at +6.5%. In the other countries, the average annual rates were as follows: Taiwan (Chinese) (+6.5% per year) and Japan (-5.5% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2021, dropping by -27.9% against the previous year. Over the period under review, the export price recorded a abrupt decline. The most prominent rate of growth was recorded in 2017 when the export price increased by 6.8%. The level of export peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Japan ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+1.6%), while the other leaders experienced a decline in the export price figures.

Imports of Pneumatic Or Hydraulic Hand Tools

Imports in Asia-Pacific

In 2021, overseas purchases of pneumatic or hydraulic hand tools increased by 25% to X tons, rising for the second year in a row after two years of decline. In general, imports recorded a relatively flat trend pattern. Over the period under review, imports reached the peak figure at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, pneumatic or hydraulic hand tool imports soared to $X in 2021. Overall, imports showed a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Australia (X tons), Indonesia (X tons), India (X tons), Thailand (X tons), Japan (X tons), China (X tons), South Korea (X tons) and Malaysia (X tons) was the key importer of pneumatic or hydraulic hand tools in Asia-Pacific, constituting 81% of total import.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +9.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest pneumatic or hydraulic hand tool importing markets in Asia-Pacific were Australia ($X), India ($X) and China ($X), with a combined 46% share of total imports. Japan, Thailand, Malaysia, South Korea and Indonesia lagged somewhat behind, together accounting for a further 35%.

Among the main importing countries, Indonesia, with a CAGR of +8.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Asia-Pacific amounted to $X per ton, approximately reflecting the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by 17% against the previous year. The level of import peaked at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+4.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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