Germany: Pliers And Pincers Market 2024

Pliers And Pincers Market Size in Germany

The German pliers and pincers market skyrocketed to $X in 2021, jumping by 16% against the previous year. The market value increased at an average annual rate of +3.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Pliers And Pincers Production in Germany

In value terms, pliers and pincers production skyrocketed to $X in 2021 estimated in export price. The total output value 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. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Pliers And Pincers Exports

Exports from Germany

In 2021, shipments abroad of pliers, pincers and tweezers for nonmedical use was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +4.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, pliers and pincers exports surged to $X in 2021. In general, total exports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X tons), Poland (X tons) and Italy (X tons) were the main destinations of pliers and pincers exports from Germany, together comprising 29% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +15.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for pliers and pincers exported from Germany were the United States ($X), France ($X) and Poland ($X), with a combined 28% share of total exports.

In terms of the main countries of destination, Poland, with a CAGR of +21.0%, recorded the highest rates of growth with regard to 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 2021, the average pliers and pincers export price amounted to $X per ton, growing by 7.8% 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 appeared the most rapid in 2017 when the average export price increased by 8.1%. The export price peaked in 2021 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.

Pliers And Pincers Imports

Imports into Germany

After two years of decline, supplies from abroad of pliers, pincers and tweezers for nonmedical use increased by 8.8% to X tons in 2021. The total import volume increased at an average annual rate of +4.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when imports increased by 13%. Over the period under review, imports attained the peak figure in 2021 and are likely to see gradual growth in the immediate term.

In value terms, pliers and pincers imports surged to $X in 2021. Overall, total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +6.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +74.9% against 2012 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of pliers and pincers to Germany, with a 43% share of total imports. Moreover, pliers and pincers imports from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. Taiwan (Chinese) (X tons) ranked third in terms of total imports with an 8.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+20.0% per year) and Taiwan (Chinese) (+0.5% per year).

In value terms, China ($X), the Netherlands ($X) and Poland ($X) constituted the largest pliers and pincers suppliers to Germany, together accounting for 39% of total imports.

Among the main suppliers, Poland, with a CAGR of +50.9%, saw 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 pliers and pincers import price stood at $X per ton in 2021, with an increase of 15% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.0%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for Slovenia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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