China - Garden Tools - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGarden Tool Price in China - 2023
Contents:
- Garden Tool Price in China (FOB) - 2023
- Garden Tool Price in China (CIF) - 2022
- Garden Tool Exports in China
- Garden Tool Imports in China
Garden Tool Price in China (FOB) - 2023
In June 2023, the average garden tool export price amounted to $4,636 per ton, declining by -6.6% against the previous month. In general, the export price continues to indicate a slight setback. The pace of growth was the most pronounced in March 2023 an increase of 19% m-o-m. As a result, the export price reached the peak level of $6,283 per ton. From April 2023 to June 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($6,721 per ton), while the average price for exports to Spain ($2,614 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.
Garden Tool Price in China (CIF) - 2022
The average garden tool import price stood at $17,094 per ton in 2022, with a decrease of -27.7% against the previous year. Over the period under review, the import price, however, enjoyed a prominent expansion. The growth pace was the most rapid in 2016 an increase of 66%. Over the period under review, average import prices reached the peak figure at $23,658 per ton in 2021, and then reduced notably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($58,120 per ton), while the price for Taiwan (Chinese) ($4,056 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+19.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Garden Tool Exports in China
In 2022, shipments abroad of garden tools decreased by -10.1% to 29K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +4.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 21% against the previous year. As a result, the exports attained the peak of 33K tons, and then reduced in the following year.
In value terms, garden tool exports dropped modestly to $149M in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +17.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year. As a result, the exports attained the peak of $150M, leveling off in the following year.
| Export of Garden Tool in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 21.7 | 25.6 | 43.2 | 37.2 | 19.7% |
| Japan | 6.6 | 8.1 | 8.0 | 9.1 | 11.3% |
| Australia | 3.8 | 4.8 | 7.4 | 8.9 | 32.8% |
| United Kingdom | 5.9 | 7.0 | 12.7 | 8.1 | 11.1% |
| Germany | 3.6 | 4.2 | 6.4 | 6.5 | 21.8% |
| Egypt | 3.4 | 4.2 | 3.6 | 5.5 | 17.4% |
| Canada | 2.4 | 2.9 | 5.0 | 4.8 | 26.0% |
| Yemen | 2.8 | 3.2 | 3.2 | 4.1 | 13.6% |
| South Korea | 2.3 | 2.8 | 3.7 | 3.7 | 17.2% |
| Netherlands | 2.3 | 1.9 | 2.9 | 3.4 | 13.9% |
| Saudi Arabia | 1.4 | 2.1 | 2.0 | 2.7 | 24.5% |
| Russia | 1.8 | 2.0 | 2.9 | 2.7 | 14.5% |
| Nigeria | 0.6 | 0.7 | 1.2 | 2.7 | 65.1% |
| Others | 33.9 | 36.2 | 47.3 | 49.5 | 13.4% |
| Total | 92.4 | 106 | 150 | 149 | 17.3% |
Top Export Markets for Garden Tool from China in 2022:
- United States (7.3K tons)
- Australia (1.8K tons)
- United Kingdom (1.4K tons)
- Germany (1.2K tons)
- Japan (1.2K tons)
- Egypt (1.1K tons)
- Canada (0.9K tons)
- Yemen (0.9K tons)
- Saudi Arabia (0.8K tons)
- Russia (0.7K tons)
- Netherlands (0.7K tons)
- South Korea (0.7K tons)
- Nigeria (0.7K tons)
Garden Tool Imports in China
For the fourth year in a row, China recorded growth in overseas purchases of garden tools, which increased by 2.1% to 37 tons in 2022. The total import volume increased at an average annual rate of +12.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 27%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, garden tool imports reduced notably to $630K in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +7.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +32.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 79% against the previous year. As a result, imports attained the peak of $854K, and then fell notably in the following year.
| Import of Garden Tool in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 30.5 | 57.7 | 495 | 308 | 116.1% |
| Taiwan (Chinese) | 64.5 | 82.3 | 48.5 | 88.0 | 10.9% |
| Japan | 66.7 | 47.8 | 77.6 | 71.3 | 2.2% |
| Netherlands | 57.0 | 79.1 | 60.0 | 63.5 | 3.7% |
| Others | 290 | 209 | 173 | 99.3 | -30.0% |
| Total | 508 | 476 | 854 | 630 | 7.4% |
Top Suppliers of Garden Tool to China in 2022:
- Taiwan (Chinese) (21.7 tons)
- Thailand (10.5 tons)
- Japan (2.5 tons)
- Netherlands (1.1 tons)
This report provides an in-depth analysis of the garden tool market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25731055 - Forks and other hand tools (excluding clasp knives) for agriculture, horticulture or forestry
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
364
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272
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