Southern Asia: Hand Tools Market 2020

Hand Tools Market Size in Southern Asia

The revenue of the hand tools market in Southern Asia amounted to $X in 2017, surging by X% against the previous year. The total market indicated a temperate growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2010, when it surged by X% against the previous year. Over the period under review, the hand tools market attained its maximum level of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Hand Tools Production in Southern Asia

The hand tools production stood at X units in 2017, increasing by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The growth pace was the most rapid in 2017, when the output figure increased by X% year-to-year. In that year, the hand tools production reached their peak volume, and is likely to continue its growth in the immediate term.

Hand Tools Exports in Southern Asia

The exports amounted to X units in 2017, remaining constant against the previous year. The hand tools exports continue to indicate a strong expansion. The growth pace was the most rapid in 2009, when exports increased by X% year-to-year. The volume of exports peaked of X units in 2012; however, from 2013 to 2017, it failed to regain its momentum.

In value terms, hand tools exports stood at $X in 2017. The hand tools exports continue to indicate a strong growth. The level of exports peaked of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Hand Tools Exports by Country in Southern Asia

India (X units) represented roughly X% of total exports of pneumatic tools for working in the hand in 2017.

India was also the fastest growing in terms of the pneumatic tools for working in the hand exports, with a CAGR of +X% from 2007 to 2017. India (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest hand tools supplier in Southern Asia.

In India, hand tools exports increased at an average annual rate of +X% over the period from 2007-2017.

Hand Tools Export Prices by Country in Southern Asia

The hand tools export price in Southern Asia stood at $X per unit in 2017, growing by X% against the previous year. The hand tools export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010, when it surged by X% year-to-year. Over the period under review, the export prices for pneumatic tools for working in the hand attained its maximum level of $X per unit in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

As there is only one major export destination, the average price level is determined by export prices for India.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by India (-X% per year).

Hand Tools Imports in Southern Asia

In 2017, approx. X units of pneumatic tools for working in the hand were imported in Southern Asia; jumping by X% against the previous year. The hand tools imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2010, when it surged by X% against the previous year. Over the period under review, the hand tools imports attained its peak figure volume in 2017, and are expected to retain its growth in the near future.

In value terms, hand tools imports stood at $X in 2017. The hand tools imports continue to indicate a prominent expansion. The level of imports peaked in 2017, and are expected to retain its growth in the near future.

Hand Tools Imports by Country in Southern Asia

India dominates hand tools imports structure, reaching X units, which was approx. X% of total imports in 2017. It was distantly followed by Bangladesh (X units), generating X% share of total imports. Pakistan (X units) occupied the weak share of total imports.

India was also the fastest growing in terms of the pneumatic tools for working in the hand imports, with a CAGR of +X% from 2007 to 2017. At the same time, Bangladesh (+X%) displayed positive paces of growth. By contrast, Pakistan (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Pakistan increased by X% percentage points, while Bangladesh (-X%) and India (-X%) saw their share reduced.

In value terms, India ($X) constitutes the largest market for imported pneumatic tools for working in the hand in Southern Asia, making up X% of global imports. The second position in the ranking was occupied by Pakistan ($X), with a X% share of global imports. It was followed by Bangladesh, with a X% share.

In India, hand tools imports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Pakistan (-X% per year) and Bangladesh (+X% per year).

Hand Tools Import Prices by Country in Southern Asia

In 2017, the hand tools import price in Southern Asia amounted to $X per unit, going up by X% against the previous year. The hand tools import price continues to indicate a deep drop. The most prominent rate of growth was recorded in 2011, when it surged by X% y-o-y. In that year, the import prices for pneumatic tools for working in the hand reached their peak level of $X per unit. From 2012 to 2017, growth of the import prices for pneumatic tools for working in the hand stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was India ($X per unit), while Bangladesh ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Pakistan (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform