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From May 2023 to January 2024, Hand Tools imports did not see a resurgence in growth. The value of Hand Tools imports reached $9.6M in January 2024.
In December 2022, the growth of Hand Tools was particularly rapid, with a 45% increase compared to the previous month. However, by October 2023, the imports of Hand Tools had decreased to $70M in value terms.
Explore the top 10 countries with the highest import value for hand tools. Learn about the market statistics, key players, and trends in the industry. Find out how the IndexBox market intelligence platform can help you stay ahead in this competitive market.
In June 2023, the price of Hand Tools reached $12,960 per ton (CIF, France), showing a growth rate of 9.4% compared to the previous month.
The price of Hand Tools in June 2023 was $17,962 per ton (CIF, Australia), which was nearly the same as the previous month.
In April 2023, the price of Hand Tools reached $11,892 per ton (CIF, Poland), showing a 7.3% increase compared to the previous month.
In April 2023, the hand tools price stood at $6,666 per ton (FOB, China), declining by -11.6% against the previous month.
In February 2023, the price for hand tools reached $9,137 per ton (CIF, US), increasing by 5.9% from the previous month.
As the pandemic wanes and the economy recovers from the Covid-crisis, the construction activity in the EU is set to accelerate during the next decade. Additional growth impetus will come from a new green agenda towards improving the energy efficiency of buildings across the EU.
Hand tool manufacture is gradually seeing a recovery, following the decline in 2020. The market is forecast to accelerate, due to the increased need for DIY and repair work and construction growth in terms of private homes.
The revenue of the hand tools market in the European Union amounted to $5.6B in 2017, picking up by 7.2% against the previ...
In 2016, the global hand tools market amounted to $X in wholesale prices. This figure reflects the total revenue of producers and importers.