Report Update: May 1, 2024

Austria - Household Hand Tools - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Household Hand Tools Price in Austria - 2023

Household Hand Tools Price in Austria (CIF) - 2023

The average household hand tools import price stood at $13,325 per ton in June 2023, shrinking by -28.3% against the previous month. In general, the import price, however, posted tangible growth. The growth pace was the most rapid in December 2022 when the average import price increased by 85% month-to-month. As a result, import price reached the peak level of $32,230 per ton. From January 2023 to June 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Poland ($34,028 per ton), while the price for Slovakia ($7,479 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Household Hand Tools Price in Austria (FOB) - 2023

In June 2023, the average household hand tools export price amounted to $20,348 per ton, rising by 48% against the previous month. In general, export price indicated buoyant growth from June 2022 to June 2023: its price increased at an average monthly rate of +6.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, household hand tools export price increased by +62.8% against February 2023 indices. 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 for the major overseas markets. In June 2023, the country with the highest price was Germany ($47,996 per ton), while the average price for exports to the Netherlands ($9,514 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 Argentina (+125.8%), while the prices for the other major destinations experienced more modest paces of growth.

Household Hand Tools Imports in Austria

In 2022, approx. 1.5K tons of household hand tools were imported into Austria; which is down by -3.4% against the previous year's figure. Overall, imports continue to indicate a perceptible downturn. The pace of growth was the most pronounced in 2021 with an increase of 7.7% against the previous year.

In value terms, household hand tools imports expanded remarkably to $25M in 2022. The total import value increased at an average annual rate of +2.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 15%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.

Import of Household Hand Tools in Austria (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	6.1	10.8	11.6	10.2	18.7%
China	10.9	3.6	4.8	7.9	-10.2%
Poland	1.6	3.0	3.3	3.3	27.3%
Italy	0.7	0.4	0.9	0.9	8.7%
Czech Republic	1.3	0.9	0.8	0.7	-18.6%
Slovakia	0.1	0.1	0.2	0.4	58.7%
Others	2.1	1.3	1.5	1.5	-10.6%
Total	22.9	20.0	23.0	24.9	2.8%

Top Suppliers of Household Hand Tools to Austria in 2022:

China (669.8 tons)
Germany (583.7 tons)
Poland (78.9 tons)
Slovakia (55.2 tons)
Italy (39.8 tons)
Czech Republic (17.8 tons)

Household Hand Tools Exports in Austria

For the fourth consecutive year, Austria recorded growth in shipments abroad of household hand tools, which increased by 37% to 613 tons in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +17.3% 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 +61.2% against 2019 indices. 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 surged to $8.6M in 2022. Overall, exports saw a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 40% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in years to come.

Export of Household Hand Tools in Austria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	914	1,209	1,692	1,391	15.0%
Poland	206	223	481	1,102	74.9%
Romania	355	317	468	890	35.8%
Hungary	544	368	445	840	15.6%
Slovakia	504	381	446	659	9.3%
Czech Republic	215	320	355	585	39.6%
Italy	433	416	424	517	6.1%
Sweden	80.3	16.7	399	421	73.7%
Greece	209	159	161	344	18.1%
Bulgaria	134	89.7	134	282	28.1%
Croatia	159	103	121	281	20.9%
Switzerland	189	213	267	256	10.6%
Slovenia	239	160	145	231	-1.1%
Others	533	471	687	814	15.2%
Total	4,714	4,447	6,225	8,613	22.3%

Top Export Markets for Household Hand Tools from Austria in 2022:

Germany (90.0 tons)
Poland (81.3 tons)
Hungary (70.7 tons)
Romania (70.0 tons)
Italy (46.5 tons)
Slovakia (45.6 tons)
Czech Republic (42.6 tons)
Sweden (26.6 tons)
Greece (25.4 tons)
Bulgaria (23.6 tons)
Slovenia (23.1 tons)
Croatia (18.4 tons)
Switzerland (15.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the household hand tools market in Austria. 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 25733065 - Household hand tools

Country coverage:

Austria

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Austria
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023