United Kingdom: Vices And Clamps Market 2025

Vices And Clamps Market Size in the UK

After two years of growth, the UK vices and clamps market decreased by -13.7% to $X in 2022. The market value increased at an average annual rate of +3.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X, and then fell in the following year.

Vices And Clamps Production in the UK

In value terms, vices and clamps production reduced slightly to $X in 2022 estimated in export price. Overall, production, however, saw a pronounced reduction. The most prominent rate of growth was recorded in 2017 with an increase of 19%. Vices and clamps production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Vices And Clamps Exports

Exports from the UK

In 2022, the amount of vices and clamps exported from the UK dropped to X tons, waning by -11.4% compared with 2021 figures. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when exports increased by 43% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, vices and clamps exports stood at $X in 2022. Over the period under review, total exports indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when exports increased by 80%. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X tons), Ireland (X tons) and Belgium (X tons) were the main destinations of vices and clamps exports from the UK, together comprising 32% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +27.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for vices and clamps exported from the UK were the United States ($X), Norway ($X) and Germany ($X), together accounting for 29% of total exports. Thailand, the Netherlands, India, Ireland, France, China, Belgium, Qatar, Italy and Denmark lagged somewhat behind, together comprising a further 39%.

Thailand, with a CAGR of +32.4%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average vices and clamps export price stood at $X per ton in 2022, jumping by 18% against the previous year. In general, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 an increase of 26%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.

Vices And Clamps Imports

Imports into the UK

In 2022, imports of vices and clamps into the UK declined significantly to X tons, which is down by -36.7% compared with the previous year's figure. Over the period under review, imports continue to indicate a mild contraction. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. As a result, imports reached the peak of X tons, and then fell dramatically in the following year.

In value terms, vices and clamps imports fell remarkably to $X in 2022. The total import value increased at an average annual rate of +3.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when imports increased by 29% against the previous year. Over the period under review, imports attained the maximum at $X in 2021, and then declined significantly in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest vices and clamps supplier to the UK, accounting for a 75% share of total imports. Moreover, vices and clamps imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), more than tenfold. The third position in this ranking was taken by Taiwan (Chinese) (X tons), with a 4.6% share.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: India (-5.4% per year) and Taiwan (Chinese) (-0.8% per year).

In value terms, China ($X) constituted the largest supplier of vices and clamps to the UK, comprising 49% of total imports. The second position in the ranking was held by the United States ($X), with a 14% share of total imports. It was followed by Germany, with a 7.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +3.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+1.3% per year) and Germany (+1.3% per year).

Import Prices by Country

In 2022, the average vices and clamps import price amounted to $X per ton, picking up by 32% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.3%. 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 the United States ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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