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Report Australia and Oceania - Interchangeable Tools for Hand Tools - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Feb 1, 2025

Australia and Oceania - Interchangeable Tools for Hand Tools - Market Analysis, Forecast, Size, Trends and Insights

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Australia and Oceania: Interchangeable Tool Market 2025

Interchangeable Tool Market Size in Australia and Oceania

In 2021, after two years of growth, there was decline in the interchangeable tool market in Australia and Oceania, when its value decreased by -1.5% to $X. The total consumption indicated a mild increase from 2012 to 2021: its value increased at an average annual rate of +1.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +64.0% against 2018 indices. Over the period under review, the market reached the maximum level at $X in 2020, and then fell modestly in the following year.

Interchangeable Tool Production in Australia and Oceania

In value terms, interchangeable tool production declined notably to $X in 2021 estimated in export price. Over the period under review, production, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2016 when the production volume increased by 126% against the previous year. The level of production peaked at $X in 2020, and then dropped notably in the following year.

Interchangeable Tool Exports

Exports in Australia and Oceania

In 2021, overseas shipments of interchangeable tools for hand tools increased by 6.6% to X tons, rising for the second year in a row after five years of decline. Overall, exports, however, showed a deep contraction. The growth pace was the most rapid in 2014 when exports increased by 13% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, interchangeable tool exports surged to $X in 2021. In general, exports, however, showed a abrupt decline. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Australia (X tons) represented the key exporter of interchangeable tools for hand tools, comprising 72% of total exports. It was distantly followed by New Zealand (X tons), making up a 26% share of total exports.

Exports from Australia decreased at an average annual rate of -13.8% from 2012 to 2021. New Zealand (-2.1%) illustrated a downward trend over the same period. New Zealand (+16 p.p.) significantly strengthened its position in terms of the total exports, while Australia saw its share reduced by -16.9% from 2012 to 2021, respectively.

In value terms, the largest interchangeable tool supplying countries in Australia and Oceania were Australia ($X) and New Zealand ($X).

Among the main exporting countries, New Zealand, with a CAGR of +3.8%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2021, increasing by 28% against the previous year. In general, the export price recorded a prominent increase. The pace of growth appeared the most rapid in 2017 when the export price increased by 43% against the previous year. Over the period under review, the export prices reached the maximum in 2021 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2021, the country with the highest price was New Zealand ($X per ton), while Australia totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+6.7%).

Interchangeable Tool Imports

Imports in Australia and Oceania

After three years of decline, overseas purchases of interchangeable tools for hand tools increased by 111% to X tons in 2021. Over the period under review, imports, however, continue to indicate a noticeable decrease. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, interchangeable tool imports soared to $X in 2021. In general, 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

Australia dominates imports structure, amounting to X tons, which was near 87% of total imports in 2021. It was distantly followed by New Zealand (X tons), constituting an 8.4% share of total imports.

Imports into Australia decreased at an average annual rate of -3.1% from 2012 to 2021. At the same time, New Zealand (+4.1%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +4.1% from 2012-2021. From 2012 to 2021, the share of New Zealand increased by +4 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported interchangeable tools for hand tools in Australia and Oceania, comprising 86% of total imports. The second position in the ranking was held by New Zealand ($X), with an 11% share of total imports.

In Australia, interchangeable tool imports remained relatively stable over the period from 2012-2021.

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2021, reducing by -39.9% against the previous year. In general, the import price, however, recorded tangible growth. The most prominent rate of growth was recorded in 2018 an increase of 67% against the previous year. The level of import peaked at $X per ton in 2020, and then shrank sharply in the following year.

Average prices varied somewhat amongst the major importing countries. In 2021, the country with the highest price was New Zealand ($X per ton), while Australia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+3.8%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Australia constituted the country with the largest volume of interchangeable tool consumption, accounting for 68% of total volume. Moreover, interchangeable tool consumption in Australia exceeded the figures recorded by the second-largest consumer, New Zealand, threefold.
New Zealand constituted the country with the largest volume of interchangeable tool production, comprising approx. 100% of total volume.
In value terms, Australia remains the largest interchangeable tool supplier in Australia and Oceania, comprising 75% of total exports. The second position in the ranking was occupied by New Zealand, with a 25% share of total exports.
In value terms, Australia constitutes the largest market for imported interchangeable tools for hand tools in Australia and Oceania, comprising 87% of total imports. The second position in the ranking was occupied by New Zealand, with a 10% share of total imports.
The interchangeable tool export price in Australia and Oceania stood at $37,652 per ton in 2020, surging by 21% against the previous year.
The interchangeable tool import price in Australia and Oceania stood at $31,679 per ton in 2020, with a decrease of -7.3% against the previous year.

This report provides an in-depth analysis of the interchangeable tool market in Australia and Oceania. 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 25734014 - Tapping tools for working metal
  • Prodcom 25734016 - Threading tools for working metal
  • Prodcom 25734019 - Tapping or threading tools (excluding work and tool holders for machines or hand tools, for working metal)
  • Prodcom 25734023 - Drilling tools with working part of diamond or agglomerated diamond (excluding work and tool holders for machines or hand tools, for rock drilling)
  • Prodcom 25734025 - Masonry drills with working part of materials other than diamond or agglomerated diamond (excluding work and tool holders for machines or hand tools, for rock drilling)
  • Prodcom 25734027 - Drilling tools with working part of sintered metal carbide, for working metal excluding unmounted sintered metal carbide plates, sticks, tips and the like for tools
  • Prodcom 25734031 - Drilling tools with working part of high speed steel, for working metal excluding work and tool holders for machines or hand tools - for rock drilling
  • Prodcom 25734033 - Drilling tools with working part of materials other than diamond, agglomerated diamond or sintered metal carbide, f or working metal excluding with working part of high speed steel
  • Prodcom 25734035 - Drilling tools (excluding work and tool holders for machines or hand tools, with working part of diamond or agglomerated diamond, for rock drilling, masonry drills, for working metal)
  • Prodcom 25734037 - Boring or broaching tools with working part of diamond or agglomerated diamond (excluding work and tool holders for machines or hand tools, for earth boring)
  • Prodcom 25734044 - Boring tools for working metal, with working part of materials other than diamond or agglomerated diamond
  • Prodcom 25734045 - Boring or broaching tools (excluding work and tool holders for machines or hand tools, with diamond or agglomerated diamond working parts, for working metal, for earth boring)
  • Prodcom 25734048 - Broaching tools for working metal, with working part of materials other than diamond or agglomerated diamond
  • Prodcom 25734050 - Milling tools with working part of sintered metal carbide, for working metal excluding unmounted sintered metal carbide plates, sticks, tips and the like for tools
  • Prodcom 25734061 - Shank type milling tools for working metal (excluding with working part of sintered metal carbide)
  • Prodcom 25734065 -
  • Prodcom 25734067 -
  • Prodcom 25734069 - Milling tools (excluding for working metal)
  • Prodcom 25734071 - Turning tools with working part of sintered metal carbide, for working metal excluding unmounted sintered metal carbide plates, sticks, tips and the like for tools
  • Prodcom 25734074 - Turning tools for working metal, with working part of materials other than cermets
  • Prodcom 25734079 - Turning tools (excluding work and tool holders for machines or hand tools, for working metal)
  • Prodcom 25734081 - Other interchangeable tools of CN .82.07 with working part of diamond
  • Prodcom 25734083 - Screwdriver bits with working part of materials other than diamond or agglomerated diamond (excluding work and tool holders for machines or hand tools)
  • Prodcom 25734085 - Gear-cutting tools with working part of materials other than diamond or agglomerated diamond (excluding work and tool holders for machines or hand tools)
  • Prodcom 25734087 - Interchangeable hand tools with working part of sintered metal carbide excluding unmounted sintered metal carbide plates, sticks, tips and the like for tools
  • Prodcom 25734089 - Interchangeable tools in other materials
  • Prodcom 25736013 - Rock drilling or earth boring tools with working part of cermets
  • Prodcom 25736018 - Rock-drilling or earth-boring tools, interchangeable, and parts therefor, with working parts of materials other than sintered metal carbide or cermets
  • Prodcom 25736023 - Dies for drawing or extruding metal, with working part of diamond or agglomerated diamond (excluding work and tool holders for machines or hand tools)
  • Prodcom 25736024 - Dies for drawing or extruding metal (excluding unmounted plates, sticks, tips, rods, pellets, rings, etc. of sintered metal carbides or cermets)
  • Prodcom 25736033 - Pressing, stamping or punching tools for working metal (excluding work and tool holders for machines or hand tools)
  • Prodcom 25736039 - Pressing, stamping or punching tools (excluding work and tool holders for machines or hand tools, for working metal)

Country coverage:

  • Australia
  • Cook Islands
  • Fiji
  • French Polynesia
  • Kiribati
  • Marshall Islands
  • Micronesia
  • New Caledonia
  • New Zealand
  • Northern Mariana Islands
  • Palau
  • Papua New Guinea
  • Samoa
  • Solomon Islands
  • Tokelau
  • Tonga
  • Tuvalu
  • Vanuatu
  • Wallis and Futuna Islands
  • American Samoa
  • Nauru
  • Niue
  • Guam

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Australia and Oceania, split by region and country
  • Trade (exports and imports) in Australia and Oceania
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 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. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Australia
    • Cook Islands
    • Fiji
    • French Polynesia
    • Kiribati
    • Marshall Islands
    • Micronesia
    • New Caledonia
    • New Zealand
    • Northern Mariana Islands
    • Palau
    • Papua New Guinea
    • Samoa
    • Solomon Islands
    • Tokelau
    • Tonga
    • Tuvalu
    • Vanuatu
    • Wallis and Futuna Islands
    • American Samoa
    • Nauru
    • Niue
    • Guam

  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    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, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

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