Moldova: Interchangeable Tool Market 2020

Interchangeable Tool Market Size in Moldova

The revenue of the interchangeable tool market in Moldova amounted to $X in 2018, growing by X% against the previous year. In general, interchangeable tool consumption, however, continues to indicate a significant downturn. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the interchangeable tool market attained its peak figure level at $X in 2008; however, from 2009 to 2018, consumption failed to regain its momentum.

Interchangeable Tool Production in Moldova

In value terms, interchangeable tool production amounted to $X in 2018 estimated in export prices. Over the period under review, interchangeable tool production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when production volume increased by X% y-o-y. Over the period under review, interchangeable tool production attained its maximum level at $X in 2007; however, from 2008 to 2018, production remained at a lower figure.

Interchangeable Tool Exports

Exports from Moldova

Interchangeable tool exports from Moldova totaled X units in 2018, waning by -X% against the previous year. Overall, interchangeable tool exports continue to indicate a deep shrinkage. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. In that year, interchangeable tool exports reached their peak of X units. From 2011 to 2018, the growth of interchangeable tool exports remained at a somewhat lower figure.

In value terms, interchangeable tool exports amounted to $X in 2018. In general, interchangeable tool exports continue to indicate a moderate drop. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Moldova exports peaked at $X in 2007; however, from 2008 to 2018, exports remained at a lower figure.

Exports by Country

China represented the key exporter of interchangeable tools for hand tools exported in the world, with the volume of exports resulting at X units, which was near X% of total exports in 2018. South Korea (X units) took a X% share (based on tons) of total exports, which put it in second place, followed by Germany (X%), Japan (X%) and Spain (X%). Italy (X units), the U.S. (X units) and Taiwan, Chinese (X units) followed a long way behind the leaders.

China was also the fastest-growing in terms of the interchangeable tools for hand tools exports, with a CAGR of +X% from 2007 to 2018. At the same time, Taiwan, Chinese (+X%), South Korea (+X%), Spain (+X%) and Germany (+X%) displayed positive paces of growth. The U.S., Italy and Japan experienced a relatively flat trend pattern. While the share of China (+X p.p.), South Korea (+X p.p.), Germany (+X p.p.) and Spain (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest interchangeable tool markets from Moldova were Germany ($X), China ($X) and Japan ($X), with a combined X% share of total exports.

In terms of the main exporting countries, China recorded the highest rates of growth with regard to market size, over the period under review, while exports for the other leaders experienced more modest paces of growth.

Export Prices by Country

The interchangeable tool export price in Moldova stood at $X per unit in 2018, jumping by X% against the previous year. Over the period under review, the interchangeable tool export price continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2012 an increase of X% year-to-year. Moldova export price peaked in 2018 and is expected to retain its growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the U.S. ($X per unit), while China ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Japan, while the other leaders experienced more modest paces of growth.

Interchangeable Tool Imports

Imports into Moldova

Interchangeable tool imports into Moldova amounted to X units in 2018, coming down by -X% against the previous year. Over the period under review, interchangeable tool imports continue to indicate a measured shrinkage. The most prominent rate of growth was recorded in 2012 when imports increased by X% year-to-year. Moldova imports peaked at X units in 2013; however, from 2014 to 2018, imports failed to regain their momentum.

In value terms, interchangeable tool imports stood at $X in 2018. Overall, interchangeable tool imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. Moldova imports peaked in 2018 and are expected to retain its growth in the near future.

Imports by Country

In 2018, the U.S. (X units), followed by Germany (X units) and China (X units) were the main importers of interchangeable tools for hand tools, together constituting X% of total imports. Spain (X units), Mexico (X units), Russia (X units), France (X units), Japan (X units), Brazil (X units), the UK (X units), Canada (X units) and Austria (X units) held a little share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Brazil, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest interchangeable tool importing markets into Moldova were the U.S. ($X), Germany ($X) and China ($X), with a combined X% share of total imports. Mexico, Canada, France, Japan, Russia, the UK, Austria, Spain, Brazil and Moldova lagged somewhat behind, together accounting for a further X the main importing countries, Mexico experienced the highest rates of growth with regard to market size, over the period under review, while imports for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the interchangeable tool import price in Moldova amounted to $X per unit, rising by X% against the previous year. In general, the interchangeable tool import price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. In that year, the import prices for interchangeable tools for hand tools reached their peak level and is likely to continue its growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Mexico ($X per unit), while Brazil ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform