Mattocks and Rakes Market

Mattocks and rakes market: get newly released statistics featured by an Ai-driven business intelligence tool. Information provide imports, exports, market size, companies, production, consumption, market prices, and trade. There is a breakdown by country, including the U.S., China, Russia, EU, Africa, the Middle East, Latin America, and the U.K. Market dynamics and outlook to 2030 are also provided in the reports.

Get FREE access to the latest data and statistics on the Mattocks and Rakes Market.

Mattocks and Rakes - World's Largest Markets

In value terms, the United States, China and India appeared to be the countries with the highest levels of market value in 2020, together comprising 30% of the global market. Mexico, Mozambique, Russia, Brazil, Germany, Tanzania, France, Uganda, Democratic Republic of the Congo and Kenya lagged somewhat behind, together comprising a further 29%.

In terms of the main consuming countries, Mozambique (+124.8% per year) saw the highest rates of growth with regard to market size, over the period under review, while mattocks and rakes market for the other global leaders experienced more modest paces of growth.

Mattocks And Rakes Prices

Mattocks and Rakes - Top Importers

In value terms, the United States ($69M) constitutes the largest market for imported mattocks, picks, hoes and rakes worldwide, comprising 21% of global imports. The second position in the ranking was occupied by Mozambique ($24M), with a 7.4% share of global imports. It was followed by Tanzania, with a 5.9% share.

From 2018 to 2020, the average annual rate of growth in terms of value in the United States stood at +7.8%. In the other countries, the average annual rates were as follows: Mozambique (+139.8% per year) and Tanzania (+85.0% per year).

Mattocks and Rakes - Top Exporters

In value terms, China ($212M) remains the largest mattocks and rakes supplier worldwide, comprising 61% of global exports. The second position in the ranking was occupied by Mexico ($38M), with a 11% share of global exports. It was followed by India, with a 2.9% share.

From 2018 to 2020, the average annual growth rate of value in China totaled +19.8%. The remaining exporting countries recorded the following average annual rates of exports growth: Mexico (+17.7% per year) and India (-0.3% per year).

Mattocks and Rakes - Market Forecast

Driven by increasing demand for mattocks and rakes worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Mattocks and Rakes - Product Coverage

• HS 820130 - Tools, hand; mattocks, picks, hoes and rakes

Source: IndexBox Market Intelligence Platform