EU: Hand Tools Market 2020

Hand Tools Market Size in the EU

The revenue of the hand tools market in the European Union amounted to $X in 2017, lowering by -X% against the previous year. The hand tools consumption continues to indicate a drastic descent. The most prominent rate of growth was recorded in 2011, with an increase of X% against the previous year. The level of hand tools consumption peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Hand Tools Production in the EU

The hand tools production amounted to X units in 2017, approximately mirroring the previous year. The hand tools production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011, with an increase of X% year-to-year. Over the period under review, the hand tools production attained its peak figure volume of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Hand Tools Exports in the EU

In 2017, the amount of pneumatic tools for working in the hand exported in the European Union totaled X units, rising by X% against the previous year. The hand tools exports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2017, when it surged by X% year-to-year. In that year, the hand tools exports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, hand tools exports stood at $X in 2017. The hand tools exports continue to indicate a slight shrinkage. Over the period under review, the hand tools exports reached its maximum level of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Hand Tools Exports by Country in the EU

Italy was the key exporting country with an export of about X units, which amounted to X% of total exports. Germany (X units) ranks second in terms of the global exports with a X% share, followed by Austria (X%), Belgium (X%) and France (X%). The following exporters - the Netherlands (X units), the UK (X units), the Czech Republic (X units), Denmark (X units) and Luxembourg (X units) together made up X% of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Italy (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and France ($X) constituted the countries with the highest levels of exports in 2017, together comprising X% of total exports. These countries were followed by Italy, the Netherlands, the UK, Austria, the Czech Republic, Denmark and Luxembourg, which together accounted for a further X%.

Denmark (+X% per year) recorded the highest growth rate of exports, among the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Hand Tools Export Prices by Country in the EU

The hand tools export price in the European Union stood at $X per unit in 2017, dropping by -X% against the previous year. The hand tools export price continues to indicate an abrupt drop. The most prominent rate of growth was recorded in 2011, when the export prices increased by X% y-o-y. Over the period under review, the export prices for pneumatic tools for working in the hand attained its peak figure level of $X thousand per unit in 2007; however, from 2008 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Belgium ($X thousand per unit), while Italy ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by France (-X% per year), while the other leaders experienced a decline in the export price figures.

Hand Tools Imports in the EU

The imports amounted to X units in 2017, shrinking by -X% against the previous year. The hand tools imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2008, when imports increased by X% against the previous year. In that year, the hand tools imports reached their peak volume of X units. From 2009 to 2017, growth of the hand tools imports failed to regain its momentum.

In value terms, hand tools imports totaled $X in 2017. The hand tools imports continue to indicate a moderate decline. The level of imports peaked of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Hand Tools Imports by Country in the EU

The imports of the twelve major importers of pneumatic tools for working in the hand, namely the UK, Germany, Sweden, Spain, France, Poland, Belgium, the Netherlands, Luxembourg, Italy, Denmark and Finland, represented more than two-thirds of total import.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Luxembourg (+X% per year), while the other leaders experienced a decline in the imports figures.

In value terms, Belgium ($X), Germany ($X) and France ($X) were the countries with the highest levels of imports in 2017, with a combined X% share of total imports. These countries were followed by the Netherlands, the UK, Spain, Italy, Poland, Sweden, Denmark, Finland and Luxembourg, which together accounted for a further X%.

In terms of the main importing countries , Luxembourg (+X% per year) recorded the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Hand Tools Import Prices by Country in the EU

In 2017, the hand tools import price in the European Union amounted to $X per unit, surging by X% against the previous year. The hand tools import price continues to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2011, an increase of X% against the previous year. Over the period under review, the import prices for pneumatic tools for working in the hand reached its maximum level in 2017, and is likely to continue its growth in the immediate term.

Import prices varied noticeably by the country of destination; the country with the highest import price was Belgium ($X thousand per unit), while Luxembourg ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Italy (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform