Ireland - Household Hand Tools - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

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

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Household Hand Tools Price in Ireland - 2023

Contents:

  1. Household Hand Tools Price in Ireland (CIF) - 2023
  2. Household Hand Tools Price in Ireland (FOB) - 2022
  3. Household Hand Tools Imports in Ireland
  4. Household Hand Tools Exports in Ireland

Household Hand Tools Price in Ireland (CIF) - 2023

The average household hand tools import price stood at $18,346 per ton in June 2023, reducing by -5.5% against the previous month. In general, import price indicated a slight expansion from June 2022 to June 2023: its price increased at an average monthly rate of +1.3% 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 import price decreased by -5.5% against May 2023 indices. The pace of growth appeared the most rapid in December 2022 an increase of 53% m-o-m. As a result, import price reached the peak level of $25,685 per ton. From January 2023 to June 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($43,586 per ton), while the price for the UK ($13,100 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 Germany (+8.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Household Hand Tools Price in Ireland (FOB) - 2022

In 2022, the average household hand tools export price amounted to $8,224 per ton, with a decrease of -26.3% against the previous year. Overall, the export price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2014 when the average export price increased by 90%. As a result, the export price reached the peak level of $27,324 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($11,895 per ton), while the average price for exports to Spain ($5,892 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 the UK (-2.0%), while the prices for the other major destinations experienced a decline.

Household Hand Tools Imports in Ireland

In 2022, supplies from abroad of household hand tools was finally on the rise to reach 432 tons after two years of decline. Over the period under review, imports, however, recorded a abrupt decrease.

In value terms, household hand tools imports skyrocketed to $6.7M in 2022. In general, imports recorded a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Household Hand Tools in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,3625532,8022,95429.4%
United Kingdom4,6514,9901,2801,392-33.1%
Germany20742121265546.8%
Poland7.133.123.1239222.9%
United States63.438.110515835.6%
Belgium2.416.538.4154300.3%
Hong Kong SAR13160.410586.5-12.9%
Netherlands9.532.119545.368.3%
India11.62.561.738.048.5%
Others17028449897679.1%
Total6,6166,4305,3206,6980.4%

Top Suppliers of Household Hand Tools to Ireland in 2022:

  1. China (244.0 tons)
  2. United Kingdom (83.1 tons)
  3. Germany (39.6 tons)
  4. United States (11.4 tons)
  5. Poland (9.1 tons)
  6. Netherlands (8.5 tons)
  7. India (7.2 tons)
  8. Belgium (6.8 tons)
  9. Hong Kong SAR (6.8 tons)

Household Hand Tools Exports in Ireland

In 2022, approx. 159 tons of household hand tools were exported from Ireland; increasing by 148% compared with 2021 figures. Over the period under review, exports saw a significant increase. 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 skyrocketed to $1.3M in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +18.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Household Hand Tools in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany15311411143942.1%
United Kingdom20730921529812.9%
Czech Republic15.85.97.5194130.7%
France14260.091.81440.5%
Spain13.99.415.952.956.1%
Italy11352.049.449.1-24.3%
Netherlands27.810.210.120.5-9.7%
Belgium42.19.28.117.6-25.2%
New ZealandN/A229107N/A-53.3%
Others79.913799.993.85.5%
Total7959377161,31018.1%

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

  1. Germany (67.1 tons)
  2. United Kingdom (25.1 tons)
  3. France (20.6 tons)
  4. Czech Republic (20.0 tons)
  5. Spain (9.0 tons)
  6. Italy (7.6 tons)
  7. Netherlands (2.6 tons)
  8. Belgium (2.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the household hand tools market in Ireland. 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:

Data coverage:

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

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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