Austria: Household Hand Tools Market 2025

Household Hand Tools Market Size in Austria

The Austrian household hand tools market reached $X in 2021, rising by 15% 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). Over the period under review, consumption enjoyed strong growth. Household hand tools consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Household Hand Tools Exports

Exports from Austria

In 2021, overseas shipments of household hand tools increased by 5.6% to X tons, rising for the second year in a row after three years of decline. Over the period under review, exports, however, showed a pronounced decline. The most prominent rate of growth was recorded in 2013 with an increase of 100% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, household hand tools exports surged to $X in 2021. In general, exports recorded a relatively flat trend pattern. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for household hand tools exports from Austria, accounting for a 33% share of total exports. Moreover, household hand tools exports to Germany exceeded the volume sent to the second major destination, Romania (X tons), threefold. The third position in this ranking was taken by Poland (X tons), with an 8.9% share.

From 2012 to 2021, the average annual growth rate of volume to Germany stood at +11.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (-6.7% per year) and Poland (-11.7% per year).

In value terms, Germany ($X) remains the key foreign market for household hand tools exports from Austria, comprising 27% of total exports. The second position in the ranking was taken by Poland ($X), with a 7.7% share of total exports. It was followed by Romania, with a 7.5% share.

From 2012 to 2021, the average annual growth rate of value to Germany totaled +10.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (-9.1% per year) and Romania (-3.7% per year).

Export Prices by Country

In 2021, the average household hand tools export price amounted to $X per ton, jumping by 33% against the previous year. Overall, the export price showed a perceptible increase. The most prominent rate of growth was recorded in 2015 an increase of 67%. The export price peaked in 2021 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to Bulgaria ($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 Sweden (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.

Household Hand Tools Imports

Imports into Austria

In 2021, household hand tools imports into Austria reached X tons, picking up by 7.7% on the previous year. The total import volume increased at an average annual rate of +2.6% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 17% against the previous year. Over the period under review, imports reached the maximum at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, household hand tools imports expanded markedly to $X in 2021. The total import value increased at an average annual rate of +4.8% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by 17%. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

Germany (X tons), China (X tons) and Poland (X tons) were the main suppliers of household hand tools imports to Austria, together comprising 89% of total imports. These countries were followed by Italy, Slovakia and the Netherlands, which together accounted for a further 6.5%.

From 2012 to 2021, the biggest increases were recorded for Slovakia (with a CAGR of +41.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of household hand tools to Austria, comprising 50% of total imports. The second position in the ranking was taken by China ($X), with a 21% share of total imports. It was followed by Poland, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +12.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-7.2% per year) and Poland (+70.3% per year).

Import Prices by Country

In 2021, the average household hand tools import price amounted to $X per ton, picking up by 6.5% against the previous year. Over the last nine years, it increased at an average annual rate of +2.1%. The growth pace was the most rapid in 2018 when the average import price increased by 18%. The import price peaked in 2021 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+24.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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