Global Household Hand Tools Market 2025

Household Hand Tools Market Size

In 2021, the global household hand tools market decreased by -0.8% to $X, falling for the third consecutive year after two years of growth. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the global market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Household Hand Tools Production

In value terms, household hand tools production dropped modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of 23%. Over the period under review, global production attained the peak level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Household Hand Tools Exports

Exports

In 2021, overseas shipments of household hand tools increased by 19% to X tons, rising for the fifth year in a row after three years of decline. The total export volume increased at an average annual rate of +3.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, household hand tools exports soared to $X in 2021. Overall, total exports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +7.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +88.7% against 2016 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China dominates exports structure, finishing at X tons, which was near 79% of total exports in 2021. The following exporters - the Netherlands (X tons) and Germany (X tons) - each amounted to a 5.7% share of total exports.

Exports from China increased at an average annual rate of +5.5% from 2012 to 2021. At the same time, the Netherlands (+12.9%) and Germany (+3.9%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the world, with a CAGR of +12.9% from 2012-2021. While the share of China (+11 p.p.) and the Netherlands (+1.5 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest household hand tools supplier worldwide, comprising 69% of global exports. The second position in the ranking was taken by Germany ($X), with a 5.9% share of global exports.

From 2012 to 2021, the average annual rate of growth in terms of value in China totaled +11.8%. In the other countries, the average annual rates were as follows: Germany (+6.2% per year) and the Netherlands (+14.8% per year).

Export Prices by Country

The average household hand tools export price stood at $X per ton in 2021, picking up by 13% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.6%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, 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 2021, the most notable rate of growth in terms of prices was attained by China (+5.9%), while the other global leaders experienced more modest paces of growth.

Household Hand Tools Imports

Imports

In 2021, overseas purchases of household hand tools increased by 20% to X tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of +3.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, household hand tools imports surged to $X in 2021. The total import value increased at an average annual rate of +3.4% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States was the largest importing country with an import of about X tons, which resulted at 22% of total imports. It was distantly followed by Germany (X tons), generating a 6.5% share of total imports. Spain (X tons), Russia (X tons), France (X tons), the UK (X tons), El Salvador (X tons), the Netherlands (X tons), Brazil (X tons), Denmark (X tons), Belgium (X tons), Poland (X tons) and Malaysia (X tons) followed a long way behind the leaders.

Imports into the United States increased at an average annual rate of +6.5% from 2012 to 2021. At the same time, El Salvador (+42.4%), Malaysia (+31.8%), Denmark (+20.6%), Poland (+12.4%), Brazil (+6.7%), Belgium (+5.5%), Spain (+3.7%), the Netherlands (+3.0%), France (+2.5%) and Germany (+1.9%) displayed positive paces of growth. Moreover, El Salvador emerged as the fastest-growing importer imported in the world, with a CAGR of +42.4% from 2012-2021. Russia experienced a relatively flat trend pattern. By contrast, the UK (-1.7%) illustrated a downward trend over the same period. The United States (+5.1 p.p.), El Salvador (+2.5 p.p.), Denmark (+1.9 p.p.) and Malaysia (+1.6 p.p.) significantly strengthened its position in terms of the global imports, while the UK saw its share reduced by -1.6% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest household hand tools importing markets worldwide were the United States ($X), Germany ($X) and France ($X), together comprising 34% of global imports. Poland, Spain, the Netherlands, the UK, Belgium, Russia, El Salvador, Brazil, Denmark and Malaysia lagged somewhat behind, together accounting for a further 23%.

Among the main importing countries, El Salvador, with a CAGR of +48.4%, saw the highest rates of growth with regard to 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 2021, the average household hand tools import price amounted to $X per ton, surging by 3.6% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 3.8% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Poland ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+8.2%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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