EU: Gouges And Chisels Market 2025

Gouges And Chisels Market Size in the EU

After two years of growth, the EU gouges and chisels market decreased by -17.5% to $X in 2022. In general, consumption showed a pronounced decline. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Gouges And Chisels Production in the EU

In value terms, gouges and chisels production declined to $X in 2022 estimated in export price. Overall, production, however, saw a deep slump. The most prominent rate of growth was recorded in 2021 when the production volume increased by 22%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Gouges And Chisels Exports

Exports in the EU

In 2022, approx. X tons of planes, chisels and gouges for working wood were exported in the European Union; waning by -19.2% against the year before. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when exports increased by 43% against the previous year. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, gouges and chisels exports dropped to $X in 2022. The total export value increased at an average annual rate of +3.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when exports increased by 20%. The level of export peaked at $X in 2021, and then reduced in the following year.

Exports by Country

In 2022, Belgium (X tons), distantly followed by the Czech Republic (X tons), Germany (X tons), Poland (X tons) and the Netherlands (X tons) represented the key exporters of planes, chisels and gouges for working wood, together comprising 76% of total exports. France (X tons), Sweden (X tons), Italy (X tons), Spain (X tons), Latvia (X tons) and Austria (X tons) held a little share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Latvia (with a CAGR of +71.7%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Czech Republic ($X) and Belgium ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for 57% of total exports. Poland, the Netherlands, Italy, Austria, France, Sweden, Spain and Latvia lagged somewhat behind, together accounting for a further 37%.

Latvia, with a CAGR of +64.8%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, rising by 6.9% against the previous year. Export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, gouges and chisels export price increased by +93.1% against 2015 indices. The most prominent rate of growth was recorded in 2020 an increase of 40%. Over the period under review, the export prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

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 Austria ($X per ton), while Latvia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+7.4%), while the other leaders experienced more modest paces of growth.

Gouges And Chisels Imports

Imports in the EU

In 2022, after two years of growth, there was significant decline in purchases abroad of planes, chisels and gouges for working wood, when their volume decreased by -20.7% to X tons. Total imports indicated a noticeable increase from 2012 to 2022: its volume increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.1% against 2015 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 32%. As a result, imports attained the peak of X tons, and then shrank notably in the following year.

In value terms, gouges and chisels imports declined sharply to $X in 2022. In general, imports, however, recorded a remarkable increase. The pace of growth appeared the most rapid in 2021 when imports increased by 48%. As a result, imports attained the peak of $X, and then reduced sharply in the following year.

Imports by Country

In 2022, Belgium (X tons), Germany (X tons), France (X tons), the Netherlands (X tons) and Poland (X tons) was the main importer of planes, chisels and gouges for working wood in the European Union, achieving 63% of total import. Italy (X tons) held the next position in the ranking, followed by Spain (X tons). All these countries together held near 11% share of total imports. Ireland (X tons), Sweden (X tons), Romania (X tons), Austria (X tons), the Czech Republic (X tons) and Hungary (X tons) took a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Ireland (with a CAGR of +8.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest gouges and chisels importing markets in the European Union were Germany ($X), France ($X) and the Netherlands ($X), with a combined 50% share of total imports. Belgium, Poland, Italy, Austria, Spain, Sweden, Ireland, the Czech Republic, Romania and Hungary lagged somewhat behind, together comprising a further 40%.

Ireland, with a CAGR of +11.2%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, which is down by -3.8% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. The growth pace was the most rapid in 2013 when the import price increased by 16%. Over the period under review, import prices attained the maximum at $X per ton in 2021, and then reduced slightly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Austria ($X per ton), while Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+5.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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