Slovenia: Hand Tools Market 2020

Hand Tools Market Size in Slovenia

The revenue of the hand tools market in Slovenia amounted to $X in 2018, waning by -X% against the previous year. In general, hand tools consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the market value increased by X% against the previous year. In that year, the hand tools market reached its peak level of $X. From 2017 to 2018, the growth of the hand tools market remained at a somewhat lower figure.

Hand Tools Production in Slovenia

In value terms, hand tools production amounted to $X in 2018 estimated in export prices. Overall, hand tools production, however, continues to indicate a deep curtailment. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Slovenia hand tools production peaked at $X in 2007; however, from 2008 to 2018, production remained at a lower figure.

Hand Tools Exports

Exports from Slovenia

Hand tools exports from Slovenia totaled X tons in 2018, picking up by X% against the previous year. In general, hand tools exports, however, continue to indicate a noticeable slump. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. Slovenia exports peaked at X tons in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, hand tools exports amounted to $X in 2018. Overall, hand tools exports, however, continue to indicate a slight reduction. The pace of growth appeared the most rapid in 2018 with an increase of X% y-o-y. Slovenia exports peaked at $X in 2008; however, from 2009 to 2018, exports remained at a lower figure.

Exports by Country

China represented the main exporter of hand tools in the world, with the volume of exports recording X tons, which was approx. X% of total exports in 2018. Taiwan, Chinese (X tons) ranks second in terms of the total exports with a X% share, followed by Germany (X%). India (X tons), the Netherlands (X tons), Italy (X tons), the U.S. (X tons), Mexico (X tons) and Belgium (X tons) followed a long way behind the leaders.

From 2007 to 2018, average annual rates of growth with regard to hand tools exports from China stood at +X%. At the same time, the Netherlands (+X%), Mexico (+X%), Belgium (+X%) and India (+X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Germany and Taiwan, Chinese experienced a relatively flat trend pattern. By contrast, the U.S. (-X%) and Italy (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of China increased by +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest hand tools supplier from Slovenia, comprising X% of global exports. The second position in the ranking was occupied by Germany ($X), with a X% share of global exports. It was followed by Taiwan, Chinese, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in China stood at +X%. In the other countries, the average annual rates were as follows: Germany (+X% per year) and Taiwan, Chinese (+X% per year).

Export Prices by Country

The hand tools export price in Slovenia stood at $X per ton in 2018, growing by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008 an increase of X% y-o-y. Slovenia export price peaked in 2018 and is likely to see steady growth in the immediate term.

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. ($X per ton), while India ($X per ton) was amongst the lowest.

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

Hand Tools Imports

Imports into Slovenia

Hand tools imports into Slovenia stood at X tons in 2018, falling by -X% against the previous year. Overall, the total imports indicated a moderate increase from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2011 when imports increased by X% year-to-year. Over the period under review, hand tools imports reached their maximum at X tons in 2017, and then declined slightly in the following year.

In value terms, hand tools imports totaled $X in 2018. The total import value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, hand tools imports reached their peak figure in 2018 and are likely to continue its growth in the immediate term.

Imports by Country

In 2018, the U.S. (X tons), distantly followed by Germany (X tons) were the main importers of hand tools, together comprising X% of total imports. Russia (X tons), the UK (X tons), the Netherlands (X tons), France (X tons), Poland (X tons), Mexico (X tons), Indonesia (X tons), Belgium (X tons), Canada (X tons) and India (X tons) occupied a little share of total imports.

From 2007 to 2018, average annual rates of growth with regard to hand tools imports into the U.S. stood at +X%. At the same time, India (+X%), Indonesia (+X%), Mexico (+X%), Russia (+X%), the Netherlands (+X%), Belgium (+X%) and Poland (+X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Germany and France experienced a relatively flat trend pattern. By contrast, Canada (-X%) and the UK (-X%) illustrated a downward trend over the same period. The U.S. (+X p.p.) significantly strengthened its position in terms of the global imports, while the UK saw its share reduced by -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported hand tools into Slovenia, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by France, with a X% share.

From 2007 to 2018, the average annual growth rate of value in the U.S. stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+X% per year) and France (+X% per year).

Import Prices by Country

The hand tools import price in Slovenia stood at $X per ton in 2018, picking up by X% against the previous year. In general, the hand tools import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X% y-o-y. Slovenia import price peaked at $X per ton in 2009; however, from 2010 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Canada ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform