Global Electric Soldering Iron Market 2025

Electric Soldering Iron Market Size

In 2022, the global electric soldering iron market was finally on the rise to reach $X after two years of decline. In general, the total consumption indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2019 indices. Over the period under review, the global market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Electric Soldering Iron Production

In value terms, electric soldering iron production contracted to $X in 2022 estimated in export price. In general, the total production indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, global production growth remained at a lower figure.

Electric Soldering Iron Exports

Exports

In 2022, after two years of growth, there was decline in overseas shipments of electric soldering irons and guns, when their volume decreased by X% to X units. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units, and then shrank in the following year.

In value terms, electric soldering iron exports dropped slightly to $X in 2022. In general, total exports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2014 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then shrank modestly in the following year.

Exports by Country

In 2022, China (X units) was the main exporter of electric soldering irons and guns, creating X% of total exports. Germany (X units) held an X% share (based on physical terms) of total exports, which put it in second place, followed by the Netherlands (X%). The following exporters - Taiwan (Chinese) (X units), Mexico (X units) and Spain (X units) - each amounted to a X% share of total exports.

Exports from China increased at an average annual rate of X% from 2012 to 2022. At the same time, the Netherlands (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. Germany and Mexico experienced a relatively flat trend pattern. By contrast, Taiwan (Chinese) (X%) and Spain (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China and the Netherlands increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest electric soldering iron supplier worldwide, comprising X% of global exports. The second position in the ranking was held by the Netherlands ($X), with a X% share of global exports. It was followed by Mexico, with a X% share.

From 2012 to 2022, the average annual growth rate of value in China totaled X%. In the other countries, the average annual rates were as follows: the Netherlands (X% per year) and Mexico (X% per year).

Export Prices by Country

In 2022, the average electric soldering iron export price amounted to $X per unit, approximately equating the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. The global export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per unit), while Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the other global leaders experienced more modest paces of growth.

Electric Soldering Iron Imports

Imports

In 2022, approx. X units of electric soldering irons and guns were imported worldwide; leveling off at the previous year's figure. The total import volume increased at an average annual rate of X% 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 2015 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2016 to 2022, the growth of global imports remained at a lower figure.

In value terms, electric soldering iron imports dropped to $X in 2022. The total import value increased at an average annual rate of X% 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 was the most pronounced in 2015 when imports increased by X%. Global imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

The purchases of the twelve major importers of electric soldering irons and guns, namely the United States, Brazil, Germany, Mexico, Russia, Thailand, France, Hong Kong SAR, Nigeria, Italy, Poland and Vietnam, represented more than two-thirds of total import. Japan (X units) took a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by France (with a CAGR of X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest electric soldering iron importing markets worldwide were the United States ($X), Germany ($X) and Nigeria ($X), with a combined X% share of global imports.

In terms of the main importing countries, Germany, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average electric soldering iron import price amounted to $X per unit, waning by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Poland ($X per unit), while Brazil ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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