South Africa - Household Hand Tools - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingHousehold Hand Tools Price in South Africa - 2023
Contents:
- Household Hand Tools Price in South Africa (CIF) - 2023
- Household Hand Tools Price in South Africa (FOB) - 2023
- Household Hand Tools Imports in South Africa
- Household Hand Tools Exports in South Africa
Household Hand Tools Price in South Africa (CIF) - 2023
The average household hand tools import price stood at $6,995 per ton in July 2023, surging by 84% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 an increase of 173% month-to-month. As a result, import price reached the peak level of $20,201 per ton. From September 2022 to July 2023, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From July 2022 to July 2023, the rate of growth in terms of prices for China amounted to -2.1% per month.
Household Hand Tools Price in South Africa (FOB) - 2023
The average household hand tools export price stood at $8,157 per ton in July 2023, dropping by -21.4% against the previous month. Overall, the export price showed a pronounced contraction. The growth pace was the most rapid in January 2023 when the average export price increased by 106% m-o-m. The export price peaked at $14,924 per ton in July 2022; however, from August 2022 to July 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Botswana ($12,579 per ton), while the average price for exports to Senegal ($4,468 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.
Household Hand Tools Imports in South Africa
Household hand tools imports into South Africa dropped to 975 tons in 2022, with a decrease of -7.8% on the previous year. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 56%. As a result, imports attained the peak of 1.1K tons, and then dropped in the following year.
In value terms, household hand tools imports shrank to $5.6M in 2022. Overall, total imports indicated a noticeable increase from 2019 to 2022: its value increased at an average annual rate of +2.0% 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 +40.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 62%. As a result, imports attained the peak of $6.5M, and then dropped in the following year.
| Import of Household Hand Tools in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.0 | 3.2 | 5.4 | 4.4 | 3.2% |
| Others | 1.3 | 0.8 | 1.2 | 1.2 | -2.6% |
| Total | 5.3 | 4.0 | 6.5 | 5.6 | 1.9% |
Top Suppliers of Household Hand Tools to South Africa in 2022:
- China (911.4 tons)
Household Hand Tools Exports in South Africa
In 2022, household hand tools exports from South Africa shrank to 429 tons, falling by -8.7% against the previous year. Overall, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +7.8% 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 +57.3% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 72%. As a result, the exports attained the peak of 470 tons, and then shrank in the following year.
In value terms, household hand tools exports amounted to $2.1M in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +7.1% 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 +53.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 53% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Household Hand Tools in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Botswana | 397 | 537 | 745 | 931 | 32.9% |
| Namibia | 385 | 158 | 214 | 302 | -7.8% |
| Zimbabwe | 23.3 | 48.9 | 182 | 169 | 93.6% |
| Swaziland | 238 | 131 | 167 | 132 | -17.8% |
| Democratic Republic of the Congo | 19.1 | 9.6 | 11.3 | 116 | 82.4% |
| Lesotho | 174 | 173 | 152 | 81.7 | -22.3% |
| Zambia | 71.5 | 39.9 | 140 | 74.2 | 1.2% |
| Mozambique | 139 | 52.6 | 138 | 73.9 | -19.0% |
| Angola | 49.3 | 31.3 | 21.4 | 28.8 | -16.4% |
| Others | 202 | 179 | 305 | 177 | -4.3% |
| Total | 1,698 | 1,360 | 2,076 | 2,086 | 7.1% |
Top Export Markets for Household Hand Tools from South Africa in 2022:
- Botswana (241.3 tons)
- Zimbabwe (36.7 tons)
- Namibia (34.3 tons)
- Swaziland (33.1 tons)
- Lesotho (21.9 tons)
- Democratic Republic of the Congo (15.1 tons)
- Zambia (11.8 tons)
- Mozambique (9.0 tons)
- Angola (5.4 tons)
This report provides an in-depth analysis of the household hand tools market in South Africa. 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:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- 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
- 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
-
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
-
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
-
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
-
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
-
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
-
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
288
This report provides an in-depth analysis of the household hand tools market in South Africa.
369
This report provides an in-depth analysis of the blow lamp market in South Africa.
267
This report provides an in-depth analysis of the market for hand-operated drilling, threading or tapping tool in South Africa.
254
This report provides an in-depth analysis of the metal hammer market in South Africa.
277
This report provides an in-depth analysis of the gouges and chisels market in South Africa.
300
This report provides an in-depth analysis of the screwdriver market in South Africa.
252
This report provides an in-depth analysis of the vices and clamps market in South Africa.
781
This report provides an in-depth analysis of the hand tools market in South Africa.
408
This report provides an in-depth analysis of the market for stamp and photo collection album in South Africa.
281
This report provides an in-depth analysis of the diary market in South Africa.
98
Blow Lamp imports peaked at 105 tons in 2014 but failed to regain momentum from 2015 to 2023. In value terms, blow lamp imports reduced markedly to $414K in 2023.
182
In March 2023, Metal Hammer experienced its most rapid growth with an impressive 83% month-to-month increase. However, the value of metal hammer imports took a significant decline, plummeting to $233K in July 2023.
277
In May 2023, the price of Vices And Clamps was $4,926 per ton (CIF, South Africa), showing a decrease of -43.7% compared to the previous month.
114
From May 2023 to January 2024, Hand Tools imports did not see a resurgence in growth. The value of Hand Tools imports reached $9.6M in January 2024.
284
Explore the top 10 countries with the highest import value for hand tools. Learn about the market statistics, key players, and trends in the industry. Find out how the IndexBox market intelligence platform can help you stay ahead in this competitive market.
1018
Hand tool manufacture is gradually seeing a recovery, following the decline in 2020. The market is forecast to accelerate, due to the increased need for DIY and repair work and construction growth in terms of private homes.
2619
In 2016, the global hand tools market amounted to $X in wholesale prices. This figure reflects the total revenue of producers and importers.
657
In value terms, files, rasps, pliers imports amounted to $X in 2016. Overall, files, rasps, pliers imports continue to indicate a relatively flat trend pattern. Global files, rasps, pliers import p...
614
In value terms, hand tools, two and more of heading imports amounted to $X in 2016. Overall, hand tools, two and more of heading imports continue to indicate a relatively flat trend pattern. Over t...
666
In value terms, hand-operated mechanical appliances imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicate...
