Benelux: Household Hand Tools Market 2025

Household Hand Tools Market Size in Benelux

In 2021, after four years of growth, there was decline in the Benelux household hand tools market, when its value decreased by -0.8% to $X. The total consumption indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +5.3% 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 +88.4% against 2016 indices. Over the period under review, the market attained the maximum level at $X in 2020, and then dropped slightly in the following year.

Household Hand Tools Production in Benelux

In value terms, household hand tools production reduced to $X in 2021 estimated in export price. Overall, production, however, enjoyed a strong expansion. The growth pace was the most rapid in 2017 when the production volume increased by 230% against the previous year. The level of production peaked at $X in 2020, and then reduced in the following year.

Household Hand Tools Exports

Exports in Benelux

In 2021, the amount of household hand tools exported in Benelux surged to X tons, picking up by 24% compared with the previous year. Over the period under review, exports saw a prominent increase. The most prominent rate of growth was recorded in 2017 with an increase of 62%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, household hand tools exports skyrocketed to $X in 2021. In general, exports continue to indicate prominent growth. The pace of growth appeared the most rapid in 2017 when exports increased by 76%. The level of export peaked in 2021 and is likely to see steady growth in years to come.

Exports by Country

The Netherlands was the largest exporter of household hand tools in Benelux, with the volume of exports reaching X tons, which was approx. 73% of total exports in 2021. It was distantly followed by Belgium (X tons), achieving a 27% share of total exports.

The Netherlands was also the fastest-growing in terms of the household hand tools exports, with a CAGR of +12.9% from 2012 to 2021. At the same time, Belgium (+3.1%) displayed positive paces of growth. The Netherlands (+19 p.p.) significantly strengthened its position in terms of the total exports, while Belgium saw its share reduced by -18.3% from 2012 to 2021, respectively.

In value terms, the Netherlands ($X) remains the largest household hand tools supplier in Benelux, comprising 73% of total exports. The second position in the ranking was held by Belgium ($X), with a 27% share of total exports.

In the Netherlands, household hand tools exports expanded at an average annual rate of +14.8% over the period from 2012-2021.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2021, approximately equating the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 9% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.7%).

Household Hand Tools Imports

Imports in Benelux

In 2021, purchases abroad of household hand tools increased by 16% to X tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of +3.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 41% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to continue growth in the near future.

In value terms, household hand tools imports surged to $X in 2021. Total imports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +77.8% against 2017 indices. The most prominent rate of growth was recorded in 2020 with an increase of 42%. Over the period under review, imports attained the peak figure in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

The Netherlands (X tons) and Belgium (X tons) represented roughly 99% of total imports in 2021.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +5.5%).

In value terms, the largest household hand tools importing markets in Benelux were the Netherlands ($X) and Belgium ($X).

Among the main importing countries, the Netherlands, with a CAGR of +6.8%, saw the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2021, rising by 9.8% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2019 an increase of 15% against the previous year. Over the period under review, import prices hit record highs in 2021 and is likely to continue growth in years to come.

Average prices varied noticeably amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Belgium stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.7%).

Source: IndexBox Platform