China - Metal Cutting Shears And Similar Hand Tools - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Cutting Shear Price in China - 2023
Contents:
- Metal Cutting Shear Price in China (FOB) - 2023
- Metal Cutting Shear Price in China (CIF) - 2023
- Metal Cutting Shear Exports in China
- Metal Cutting Shear Imports in China
Metal Cutting Shear Price in China (FOB) - 2023
In June 2023, the average metal cutting shear export price amounted to $5,336 per ton, shrinking by -13.4% against the previous month. In general, the export price continues to indicate a mild descent. The pace of growth was the most pronounced in February 2023 an increase of 13% m-o-m. As a result, the export price reached the peak level of $6,513 per ton. From March 2023 to June 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was the United States ($9,313 per ton), while the average price for exports to Slovenia ($2,632 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 the United States (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Cutting Shear Price in China (CIF) - 2023
The average metal cutting shear import price stood at $3,339 per ton in June 2023, which is down by -76.2% against the previous month. In general, the import price continues to indicate a perceptible reduction. The pace of growth was the most pronounced in May 2023 an increase of 112% m-o-m. Over the period under review, average import prices reached the maximum at $15,634 per ton in August 2022; however, from September 2022 to June 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Japan ($15,840 per ton), while the price for Vietnam totaled $1,689 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Vietnam (-3.1%).
Metal Cutting Shear Exports in China
For the fourth consecutive year, China recorded growth in overseas shipments of metal cutting shears and similar hand tools, which increased by 0.4% to 8.3K tons in 2022. The total export volume increased at an average annual rate of +5.9% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 13%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, metal cutting shear exports stood at $50M in 2022. The total export value increased at an average annual rate of +7.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 15% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Metal Cutting Shear in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 17.1 | 19.9 | 16.5 | 16.4 | -1.4% |
| Russia | 1.9 | 1.8 | 2.6 | 2.9 | 15.1% |
| Germany | 0.9 | 1.0 | 1.5 | 1.7 | 23.6% |
| Mexico | 1.0 | 1.3 | 1.7 | 1.6 | 17.0% |
| Indonesia | 1.9 | 1.3 | 1.8 | 1.6 | -5.6% |
| Brazil | 0.5 | 0.6 | 0.9 | 1.5 | 44.2% |
| Vietnam | 1.1 | 0.6 | 1.1 | 1.4 | 8.4% |
| Philippines | 0.6 | 0.5 | 1.0 | 1.3 | 29.4% |
| India | 0.6 | 0.6 | 0.8 | 1.3 | 29.4% |
| United Kingdom | 0.6 | 0.7 | 1.7 | 1.1 | 22.4% |
| Netherlands | 0.7 | 0.7 | 1.2 | 0.9 | 8.7% |
| Thailand | 0.8 | 0.6 | 0.7 | 0.9 | 4.0% |
| Kyrgyzstan | 0.1 | N/A | N/A | 0.6 | 81.7% |
| Others | 12.3 | 12.2 | 16.7 | 16.5 | 10.3% |
| Total | 40.1 | 41.6 | 48.0 | 49.8 | 7.5% |
Top Export Markets for Metal Cutting Shear from China in 2022:
- United States (2173.1 tons)
- Russia (599.2 tons)
- Indonesia (322.3 tons)
- Mexico (308.5 tons)
- Brazil (305.9 tons)
- Philippines (293.1 tons)
- India (232.2 tons)
- Germany (221.2 tons)
- Vietnam (215.7 tons)
- Netherlands (196.4 tons)
- Kyrgyzstan (184.6 tons)
- United Kingdom (177.3 tons)
- Thailand (168.9 tons)
Metal Cutting Shear Imports in China
In 2022, after three years of growth, there was significant decline in supplies from abroad of metal cutting shears and similar hand tools, when their volume decreased by -36.3% to 388 tons. Overall, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 218% against the previous year.
In value terms, metal cutting shear imports reduced to $2.9M in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 81% against the previous year.
| Import of Metal Cutting Shear in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 158 | 145 | 343 | 431 | 39.7% |
| Vietnam | 1.2 | 131 | 1,117 | 423 | 606.4% |
| Germany | 130 | 138 | 130 | 170 | 9.4% |
| Switzerland | 85.2 | 174 | 121 | 142 | 18.6% |
| United States | 77.0 | 72.2 | 54.2 | 91.5 | 5.9% |
| South Korea | 28.4 | 12.0 | 36.3 | 51.1 | 21.6% |
| Taiwan (Chinese) | 1,106 | N/A | N/A | N/A | 0% |
| Others | 41.4 | 2,272 | 1,355 | 1,594 | 237.7% |
| Total | 1,628 | 2,944 | 3,157 | 2,902 | 21.2% |
Top Suppliers of Metal Cutting Shear to China in 2022:
- Japan (38.3 tons)
- Vietnam (20.7 tons)
- South Korea (4.3 tons)
- Germany (2.9 tons)
- Switzerland (2.6 tons)
- United States (2.1 tons)
This report provides an in-depth analysis of the metal cutting shear market in China. 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 25733023 - Metal cutting shears and similar 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 China
- 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
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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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