Which Country Exports the Most Hand Tools in the World?

Cutlery, Hand Tools And General Hardware May 28, 2018
Author: Anna Sergeeva
Market Analyst

In 2016, the amount of hand tools exported worldwide amounted to 443K tonnes, stabilizing at the previous year level. The total export volume increased at an average annual rate of +1.7% from 2007 to 2016; the trend pattern remained relatively stable, with only minor fluctuations over the period under review. The most prominent rate of growth was recorded in 2010, an increase of 16% against the previous year level. Global hand tools export peaked of 452K tonnes in 2014; however, from 2015 to 2016, it failed to regain its strength.

In value terms, hand tools exports stood at $1.4B in 2016. The total export value increased at an average annual rate of +2.8% from 2007 to 2016; the trend pattern indicated some noticeable fluctuations in certain years. Global hand tools export peaked of $1.5B in 2014; however, from 2015 to 2016, it stood at a somewhat lower level.

Top Hand Tools Exporting Countries in the World

1. China (593.5 million USD)

2. Germany (132.3 million USD)

3. Mexico (92.6 million USD)

4. Netherlands (55.9 million USD)

5. India (33.3 million USD)

6. USA (27.5 million USD)

7. Colombia (25.0 million USD)

8. Brazil (20.0 million USD)

9. South Africa (6.0 million USD)

Hand Tools Exports By Country

In 2016, China (237K tonnes) was the main exporter for hand tools, committing 53% of total exports. South Africa (65K tonnes) held the second position in the ranking, distantly followed by Mexico (22K tonnes). All these countries together held near 20% share of total exports. India (16K tonnes), Germany (15K tonnes), Colombia (7.7K tonnes), the Netherlands (7.3K tonnes), the U.S. (7.3K tonnes), and Brazil (7K tonnes) held the slight share of total exports.

China experienced a relatively flat trend pattern. At the same time, South Africa (+58.6%), the Netherlands (+16.3%), Mexico (+4.1%), and Germany (+3.2%) displayed positive paces of growth. Moreover, South Africa emerged as the fastest growing importer/exporter in the world, with a CAGR of +58.6% from 2007-2016. By contrast, Colombia (-1.3%), India (-2.0%), Brazil (-3.1%), and the U.S. (-4.7%) illustrated a downward trend over the same period. While the share of China (-1.6%), and South Africa (-14.4%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($594M) remains the largest hand tools supplier in the world, making up 43% of global exports. The second position in the ranking was occupied by Germany ($132M), with the share of 10% of global exports. It was followed by Mexico, with the share of 7%.

In China, hand tools exports stood at an average annual rate of +5.5% over the period from 2007-2016. The remaining exporting countries recorded the following average annual rates: Germany (+3.6% per year) and Mexico (+9.7% per year).

Hand Tools Export Prices By Country

In 2016, the average export price for hand tools amounted to $3,134 per tonne, falling by -3.7% against the previous year. Over the period from 2007 to 2016 it increased at an average annual rate of +1.1%.The pace of growth was the most pronounced in 2008, an increase of 13% year-to-year. Global hand tools export peaked of $3,509 per tonne in 2012; however, from 2013 to 2016, it failed to regain its strength.

There were significant differences in the average export prices amongst major exporting countries. In 2016, the country with the highest export prices was Germany ($8,726 per tonne), while South Africa ($92 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of hand tools export prices was attained by Mexico (+5.4% per year), while the other global leaders experienced more modest paces of growth.

Do you want to know more about global hand tools market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • hand tools market share
  • hand tools prices
  • hand tools industry
  • hand tools sales
  • hand tools import
  • hand tools export
  • hand tools market forecast
  • hand tools price forecast
  • key hand tools producers

All data provided in this article covers the following product: HS Code 8201 - Tools, hand; spades, shovels, mattocks, picks, hoes, forks, rakes; axes, bill hooks etc; secateurs and pruners of any kind; scythes, sickles, hay knives, hedge shears, timber wedges and other tools used in agriculture, horticulture, forestry.

Source: World: Hand Tools - Market Report. Analysis and Forecast to 2025