Report Update Feb 1, 2025

Luxembourg - Household Hand Tools - Market Analysis, Forecast, Size, Trends and Insights

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Luxembourg: Household Hand Tools Market 2025

Household Hand Tools Market Size in Luxembourg

In 2021, the Luxembourg household hand tools market increased by 6.1% to $X, rising for the fifth consecutive year after four years of decline. Over the period under review, consumption, however, continues to indicate a noticeable shrinkage. Household hand tools consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Household Hand Tools Exports

Exports from Luxembourg

In 2021, the amount of household hand tools exported from Luxembourg shrank remarkably to X tons, with a decrease of -59.8% on the previous year. Over the period under review, exports faced a abrupt curtailment. The growth pace was the most rapid in 2017 when exports increased by 49% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, household hand tools exports declined notably to $X in 2021. Overall, exports saw a deep downturn. The growth pace was the most rapid in 2017 when exports increased by 103%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

France (X tons) was the main destination for household hand tools exports from Luxembourg, accounting for a 68% share of total exports. Moreover, household hand tools exports to France exceeded the volume sent to the second major destination, Belgium (X kg), twofold.

From 2012 to 2021, the average annual rate of growth in terms of volume to France amounted to -8.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-27.0% per year) and Germany (-19.6% per year).

In value terms, France ($X) remains the key foreign market for household hand tools exports from Luxembourg, comprising 64% of total exports. The second position in the ranking was held by Belgium ($X), with a 24% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to France stood at -7.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-17.9% per year) and Germany (-19.1% per year).

Export Prices by Country

In 2021, the average household hand tools export price amounted to $X per ton, rising by 70% against the previous year. In general, the export price posted a resilient expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Belgium ($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 Belgium (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.

Household Hand Tools Imports

Imports into Luxembourg

In 2021, overseas purchases of household hand tools decreased by -2.2% to X tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a abrupt decline. The pace of growth was the most pronounced in 2014 when imports increased by 13%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, household hand tools imports shrank to $X in 2021. Overall, imports showed a perceptible decline. The growth pace was the most rapid in 2017 when imports increased by 30%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

France (X tons), Belgium (X tons) and Germany (X tons) were the main suppliers of household hand tools imports to Luxembourg, together comprising 81% of total imports. These countries were followed by the Netherlands, Poland, Italy, China and Switzerland, which together accounted for a further 16%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +137.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest household hand tools suppliers to Luxembourg were Germany ($X), France ($X) and Belgium ($X), together comprising 82% of total imports. These countries were followed by Poland, the Netherlands, Italy, China and Switzerland, which together accounted for a further 13%.

Poland, with a CAGR of +149.6%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average household hand tools import price stood at $X per ton in 2021, flattening at the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 34%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Poland ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for household hand tools in the world?

The countries with the highest volumes of household hand tools consumption in 2021 were China, Italy and India, together accounting for 47% of global consumption.

What are the largest producers of household hand tools in the world?

China constituted the country with the largest volume of household hand tools production, accounting for 55% of total volume. Moreover, household hand tools production in China exceeded the figures recorded by the second-largest producer, Italy, fourfold. India ranked third in terms of total production with a 9.7% share.

What are the leading suppliers of household hand tools to Luxembourg?

In value terms, the largest household hand tools suppliers to Luxembourg were Germany, France and Belgium, with a combined 83% share of total imports. These countries were followed by Poland and the Netherlands, which together accounted for a further 11%.

What are the leading importers of household hand tools from Luxembourg?

In value terms, France remains the key foreign market for household hand tools exports from Luxembourg, comprising 64% of total exports. The second position in the ranking was occupied by Belgium, with a 24% share of total exports.

What is the average export price for household hand tools in Luxembourg?

The average household hand tools export price stood at $30,511 per ton in 2021, jumping by 68% against the previous year.

What is the average import price for household hand tools in Luxembourg?

The average household hand tools import price stood at $19,648 per ton in 2021, picking up by 3.2% against the previous year.

This report provides an in-depth analysis of the household hand tools market in Luxembourg. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 25733065 - Household hand tools

Country coverage:

Luxembourg

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Luxembourg
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024