France: Non-Electric Motor Handtools Market 2024

Non-Electric Motor Handtools Market Size in France

For the third consecutive year, the French non-electric motor handtools market recorded growth in sales value, which increased by 52% to $X in 2022. In general, consumption continues to indicate a strong increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Non-Electric Motor Handtools Production in France

In value terms, non-electric motor handtools production expanded rapidly to $X in 2022 estimated in export price. Over the period under review, production saw a precipitous contraction. The most prominent rate of growth was recorded in 2016 with an increase of 449% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Non-Electric Motor Handtools Exports

Exports from France

In 2022, after two years of growth, there was significant decline in overseas shipments of handtools, hydraulic or with a self-contained non-electric motor, when their volume decreased by -22.8% to X units. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 46%. As a result, the exports attained the peak of X units. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, non-electric motor handtools exports expanded modestly to $X in 2022. The total export value increased at an average annual rate of +1.4% 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 48% against the previous year. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X units), the Netherlands (X units) and Belgium (X units) were the main destinations of non-electric motor handtools exports from France, together comprising 54% of total exports. Italy, Denmark, Spain, Germany, the United States and Australia lagged somewhat behind, together accounting for a further 27%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Denmark (with a CAGR of +19.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-electric motor handtools exported from France were the UK ($X), the Netherlands ($X) and Belgium ($X), together accounting for 54% of total exports. Italy, Denmark, Spain, Germany, the United States and Australia lagged somewhat behind, together accounting for a further 27%.

In terms of the main countries of destination, Denmark, with a CAGR of +19.9%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average non-electric motor handtools export price amounted to $X per unit, picking up by 33% against the previous year. In general, the export price recorded a relatively flat trend pattern. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Australia ($X per unit) and the Netherlands ($X per unit), while the average price for exports to the United States ($X per unit) and Spain ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+0.6%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Electric Motor Handtools Imports

Imports into France

In 2022, approx. X units of handtools, hydraulic or with a self-contained non-electric motor were imported into France; jumping by 71% on the year before. In general, imports posted strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-electric motor handtools imports expanded modestly to $X in 2022. The total import value increased at an average annual rate of +3.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 25% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in years to come.

Imports by Country

Germany (X units), China (X units) and the United States (X units) were the main suppliers of non-electric motor handtools imports to France, together accounting for 75% of total imports. Japan, Italy, Belgium, the Netherlands, Romania and Sweden lagged somewhat behind, together accounting for a further 20%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +36.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and the United States ($X) constituted the largest non-electric motor handtools suppliers to France, together comprising 75% of total imports. Japan, Italy, Belgium, the Netherlands, Romania and Sweden lagged somewhat behind, together comprising a further 20%.

Among the main suppliers, Belgium, with a CAGR of +24.5%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average non-electric motor handtools import price stood at $X per unit in 2022, declining by -40.3% against the previous year. In general, the import price continues to indicate a deep contraction. The pace of growth was the most pronounced in 2019 an increase of 19%. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($X per unit) and China ($X per unit), while the price for Sweden ($X per unit) and Romania ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-9.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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