U.S. - Garden Tools - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGarden Tool Price in the United States - 2023
Contents:
- Garden Tool Price in the United States (CIF) - 2023
- Garden Tool Price in the United States (FOB) - 2022
- Garden Tool Imports in the United States
- Garden Tool Exports in the United States
Garden Tool Price in the United States (CIF) - 2023
In August 2023, the average garden tool import price amounted to $6,024 per ton, growing by 8.7% against the previous month. Over the period under review, the import price, however, saw a slight setback. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 55% against the previous month. The import price peaked at $7,189 per ton in August 2022; however, from September 2022 to August 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Mexico ($18,548 per ton), while the price for Austria ($2,496 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Canada (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Garden Tool Price in the United States (FOB) - 2022
In 2022, the average garden tool export price amounted to $17,414 per ton, shrinking by -24.9% against the previous year. In general, the export price, however, saw strong growth. The growth pace was the most rapid in 2020 when the average export price increased by 59% against the previous year. The export price peaked at $23,183 per ton in 2021, and then fell markedly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($127,460 per ton), while the average price for exports to Brazil ($4,832 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+35.0%), while the prices for the other major destinations experienced more modest paces of growth.
Garden Tool Imports in the United States
Garden tool imports into the United States rose markedly to 24K tons in 2022, with an increase of 5.4% on the previous year. In general, imports recorded a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 95%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, garden tool imports expanded markedly to $125M in 2022. Overall, imports continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 47%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.
| Import of Garden Tool in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 35.8 | 34.7 | 43.3 | 46.0 | 8.7% |
| Vietnam | 2.1 | 10.7 | 22.4 | 26.0 | 131.3% |
| Taiwan (Chinese) | 11.6 | 12.0 | 15.6 | 11.9 | 0.9% |
| Mexico | 3.4 | 6.5 | 11.5 | 10.7 | 46.5% |
| Brazil | N/A | N/A | 3.7 | 8.5 | 129.7% |
| Japan | 2.8 | 1.4 | 2.8 | 7.2 | 37.0% |
| India | 0.5 | 1.1 | 1.1 | 3.1 | 83.7% |
| Germany | 3.0 | 2.4 | 2.7 | 1.9 | -14.1% |
| Austria | 2.1 | 2.2 | 2.0 | 1.5 | -10.6% |
| Canada | 0.6 | 0.6 | 0.8 | 0.9 | 14.5% |
| Others | 5.2 | 5.9 | 8.0 | 7.7 | 14.0% |
| Total | 67.1 | 77.4 | 114 | 125 | 23.0% |
Top Suppliers of Garden Tool to the United States in 2022:
- China (12.9K tons)
- Vietnam (4.7K tons)
- Taiwan (Chinese) (2.5K tons)
- Mexico (0.9K tons)
- Brazil (0.7K tons)
- India (0.5K tons)
- Canada (0.4K tons)
- Austria (0.4K tons)
- Japan (0.3K tons)
- Germany (0.2K tons)
Garden Tool Exports in the United States
In 2022, overseas shipments of garden tools were finally on the rise to reach 597 tons after two years of decline. Overall, exports, however, recorded a deep setback.
In value terms, garden tool exports soared to $10M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +12.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Garden Tool in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 2,075 | 2,428 | 3,443 | 2,747 | 9.8% |
| Japan | 301 | 124 | 372 | 1,891 | 84.5% |
| South Korea | 108 | 66.5 | 61.6 | 966 | 107.6% |
| China | 66.4 | 97.4 | 42.6 | 671 | 116.2% |
| Australia | 363 | 278 | 1,001 | 465 | 8.6% |
| United Kingdom | 191 | 127 | 256 | 293 | 15.3% |
| Spain | 242 | 127 | 149 | 279 | 4.9% |
| Mexico | 314 | 826 | 271 | 202 | -13.7% |
| Brazil | 68.2 | 57.5 | 15.7 | 102 | 14.4% |
| Belize | 30.0 | N/A | 22.7 | 88.3 | 43.3% |
| Panama | 49.3 | 35.3 | 74.0 | 82.6 | 18.8% |
| Barbados | 1,128 | 8.8 | 9.0 | 17.2 | -75.2% |
| Others | 2,399 | 1,662 | 2,455 | 2,589 | 2.6% |
| Total | 7,335 | 5,838 | 8,173 | 10,393 | 12.3% |
Top Export Markets for Garden Tool from the United States in 2022:
- Japan (139.7 tons)
- South Korea (115.3 tons)
- Canada (89.3 tons)
- China (79.2 tons)
- Brazil (21.2 tons)
- Mexico (13.7 tons)
- United Kingdom (11.4 tons)
- Panama (10.5 tons)
- Belize (10.5 tons)
- Spain (8.2 tons)
- Australia (3.6 tons)
- Barbados (0.2 tons)
This report provides an in-depth analysis of the garden tool market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
-
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
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