Eastern Asia: Garden Tool Market 2025

Garden Tool Market Size in Eastern Asia

In 2022, the East Asian garden tool market was finally on the rise to reach $X after three years of decline. Over the period under review, consumption, however, recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Garden Tool Production in Eastern Asia

In value terms, garden tool production fell slightly to $X in 2022 estimated in export price. Overall, production recorded a pronounced decrease. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Garden Tool Exports

Exports in Eastern Asia

In 2022, overseas shipments of garden tools decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons, and then fell in the following year.

In value terms, garden tool exports fell modestly to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then contracted in the following year.

Exports by Country

China represented the key exporting country with an export of around X tons, which reached X% of total exports. It was distantly followed by Taiwan (Chinese) (X tons), generating a X% share of total exports.

China was also the fastest-growing in terms of the garden tools exports, with a CAGR of X% from 2012 to 2022. Taiwan (Chinese) (X%) illustrated a downward trend over the same period. While the share of China (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Taiwan (Chinese) (X p.p.) displayed negative dynamics.

In value terms, China ($X) remains the largest garden tool supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a X% share of total exports.

In China, garden tool exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2022, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the export prices hit record highs in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while China stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%).

Garden Tool Imports

Imports in Eastern Asia

In 2022, after three years of growth, there was significant decline in purchases abroad of garden tools, when their volume decreased by X% to X tons. In general, imports showed a slight contraction. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, garden tool imports dropped to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then fell in the following year.

Imports by Country

Japan represented the major importing country with an import of around X tons, which finished at X% of total imports. South Korea (X tons) took the second position in the ranking, distantly followed by Taiwan (Chinese) (X tons). All these countries together held near X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to garden tool imports into Japan stood at X%. Taiwan (Chinese) experienced a relatively flat trend pattern. South Korea (X%) illustrated a downward trend over the same period. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported garden tools in Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by South Korea ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Japan was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (X% per year) and Taiwan (Chinese) (X% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2022, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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