Australia: Screwdriver Market 2025

Screwdriver Market Size in Australia

The Australian screwdriver market surged to $X in 2021, growing by 21% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Screwdriver Exports

Exports from Australia

After two years of decline, overseas shipments of screwdrivers increased by 112% to X tons in 2021. Overall, exports, however, recorded a deep slump. Over the period under review, the exports reached the peak figure at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, screwdriver exports soared to $X in 2021. Over the period under review, exports, however, saw a abrupt decrease. The growth pace was the most rapid in 2018 when exports increased by 123%. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

New Zealand (X tons) was the main destination for screwdriver exports from Australia, accounting for a 71% share of total exports. Moreover, screwdriver exports to New Zealand exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), sixfold. The third position in this ranking was taken by the United States (X kg), with a 3.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to New Zealand amounted to -6.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+62.8% per year) and the United States (-13.2% per year).

In value terms, New Zealand ($X), the United Arab Emirates ($X) and the United States ($X) appeared to be the largest markets for screwdriver exported from Australia worldwide, with a combined 86% share of total exports. Indonesia, France, Papua New Guinea and Switzerland lagged somewhat behind, together comprising a further 9.8%.

Switzerland, with a CAGR of +806.9%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average screwdriver export price amounted to $X per ton, waning by -18.6% against the previous year. Overall, export price indicated a mild expansion from 2012 to 2021: its price increased at an average annual rate of +1.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, screwdriver export price decreased by -44.0% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of 44%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Papua New Guinea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.

Screwdriver Imports

Imports into Australia

In 2021, the amount of screwdrivers imported into Australia skyrocketed to X tons, growing by 17% compared with the previous year. Over the period under review, imports, however, recorded a noticeable shrinkage. Over the period under review, imports attained the maximum at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, screwdriver imports soared to $X in 2021. The total import value increased at an average annual rate of +2.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Taiwan (Chinese) (X tons) and Germany (X tons) were the main suppliers of screwdriver imports to Australia, together accounting for 84% of total imports. These countries were followed by the United States and the Czech Republic, which together accounted for a further 9.6%.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +55.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest screwdriver suppliers to Australia were China ($X), Taiwan (Chinese) ($X) and Germany ($X), with a combined 84% share of total imports. The United States and the Czech Republic lagged somewhat behind, together comprising a further 9.6%.

Among the main suppliers, the Czech Republic, with a CAGR of +43.3%, saw the highest rates of growth with regard to 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

The average screwdriver import price stood at $X per ton in 2021, surging by 5.8% against the previous year. Over the period under review, the import price saw buoyant growth. The most prominent rate of growth was recorded in 2016 an increase of 69% against the previous year. The import price peaked in 2021 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from the United States ($X per ton) and Taiwan (Chinese) ($X per ton), while the price for China ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+10.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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