Global Metal Hammer Market 2025

Metal Hammer Market Size

In 2022, after two years of decline, there was significant growth in the global metal hammer market, when its value increased by 6.1% to $X. In general, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the global market attained the peak level in 2022 and is expected to retain growth in years to come.

Metal Hammer Production

In value terms, metal hammer production reached $X in 2022 estimated in export price. Over the period under review, production saw a mild shrinkage. The pace of growth was the most pronounced in 2018 with an increase of 14% against the previous year. Over the period under review, global production reached the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Metal Hammer Exports

Exports

In 2022, the amount of hammers and sledge hammers with working part of metal exported worldwide shrank to X tons, declining by -11.6% on the year before. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 26% against the previous year. As a result, the exports attained the peak of X tons, and then dropped in the following year.

In value terms, metal hammer exports shrank slightly to $X in 2022. The total export value increased at an average annual rate of +3.5% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 27% against the previous year. As a result, the exports attained the peak of $X, and then reduced slightly in the following year.

Exports by Country

China dominates exports structure, finishing at X tons, which was near 72% of total exports in 2022. It was distantly followed by Taiwan (Chinese) (X tons), committing a 6.3% share of total exports. The following exporters - India (X tons), Vietnam (X tons), Mexico (X tons) and Germany (X tons) - together made up 11% of total exports.

China experienced a relatively flat trend pattern with regard to volume of exports of hammers and sledge hammers with working part of metal. At the same time, Vietnam (+34.0%), Taiwan (Chinese) (+7.6%) and Germany (+3.0%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in the world, with a CAGR of +34.0% from 2012-2022. India experienced a relatively flat trend pattern. By contrast, Mexico (-2.9%) illustrated a downward trend over the same period. Taiwan (Chinese) (+3.3 p.p.) and Vietnam (+3 p.p.) significantly strengthened its position in terms of the global exports, while China saw its share reduced by -2.2% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest metal hammer supplier worldwide, comprising 56% of global exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 6.9% share of global exports. It was followed by Germany, with a 5% share.

In China, metal hammer exports increased at an average annual rate of +4.2% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Taiwan (Chinese) (+6.4% per year) and Germany (+4.4% per year).

Export Prices by Country

In 2022, the average metal hammer export price amounted to $X per ton, picking up by 9% against the previous year. Over the last decade, it increased at an average annual rate of +3.5%. The most prominent rate of growth was recorded in 2016 an increase of 9.1%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.3%), while the other global leaders experienced more modest paces of growth.

Metal Hammer Imports

Imports

In 2022, supplies from abroad of hammers and sledge hammers with working part of metal decreased by -2.1% to X tons for the first time since 2016, thus ending a five-year rising trend. The total import volume increased at an average annual rate of +1.9% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2019 with an increase of 9.4% against the previous year. Over the period under review, global imports reached the peak figure at X tons in 2021, and then fell modestly in the following year.

In value terms, metal hammer imports totaled $X in 2022. The total import value increased at an average annual rate of +3.3% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 26%. Global imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

The United States represented the largest importing country with an import of around X tons, which amounted to 23% of total imports. It was distantly followed by Germany (X tons), achieving a 4.7% share of total imports. Indonesia (X tons), Russia (X tons), Canada (X tons), Vietnam (X tons), the UK (X tons), Australia (X tons), France (X tons), the Netherlands (X tons), Taiwan (Chinese) (X tons), Poland (X tons) and Senegal (X tons) held a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to metal hammer imports into the United States stood at +9.5%. At the same time, Senegal (+27.9%), Vietnam (+19.1%), the Netherlands (+7.8%), Australia (+4.8%), Canada (+3.9%), Poland (+3.4%), Germany (+3.2%), Taiwan (Chinese) (+3.2%), the UK (+2.6%) and France (+2.5%) displayed positive paces of growth. Moreover, Senegal emerged as the fastest-growing importer imported in the world, with a CAGR of +27.9% from 2012-2022. Indonesia experienced a relatively flat trend pattern. By contrast, Russia (-2.7%) illustrated a downward trend over the same period. The United States (+12 p.p.) and Vietnam (+2.3 p.p.) significantly strengthened its position in terms of the global imports, while Russia saw its share reduced by -2.4% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported hammers and sledge hammers with working part of metal worldwide, comprising 25% of global imports. The second position in the ranking was taken by Germany ($X), with a 6% share of global imports. It was followed by Canada, with a 4.6% share.

From 2012 to 2022, the average annual growth rate of value in the United States totaled +7.0%. In the other countries, the average annual rates were as follows: Germany (+3.6% per year) and Canada (+2.5% per year).

Import Prices by Country

In 2022, the average metal hammer import price amounted to $X per ton, growing by 2.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 16%. Global import 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 importing countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Senegal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+6.3%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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