Metal Hammer Market

Metal hammer market: read the most recent data powered by an Ai-driven market intelligence tool. Information cover consumption, trade, market prices, market size, imports, exports, production, and companies. Here is a breakdown by region, including China, Russia, EU, the U.K., Africa, Latin America, the U.S., and the Middle East. Market dynamics and outlook to 2030 are also provided in the dashboards.

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Metal Hammer - World's Largest Markets

Rating	Country
1	Japan
2	China
3	United States
4	India
5	Mexico

In value terms, the largest metal hammer markets worldwide were Japan, China and the United States, with a combined 47% share of the global market. India, Mexico, Germany, Brazil, South Korea, Russia, Taiwan (Chinese), Kazakhstan and Indonesia lagged somewhat behind, together comprising a further 25%.

Among the main consuming countries, Kazakhstan (+135.6% per year) recorded the highest rates of growth with regard to market size, over the period under review, while metal hammer market for the other global leaders experienced more modest paces of growth.

Metal Hammer Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
United Arab Emirates	2397	1959	1806	-13.2%
China	2687	2751	2941	4.6%
India	3688	3613	3707	0.3%
Vietnam	5184	4329	4866	-3.1%
Netherlands	4148	5629	5781	18.1%
Mexico	5434	4590	8785	27.1%
Taiwan (Chinese)	6720	5514	10078	22.5%
Germany	11007	10707	11185	0.8%
Average	3711	3645	3973	3.5%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Germany ($11,185 per ton), while the United Arab Emirates ($1,806 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Mexico, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Netherlands	4540	4282	6249	17.3%
France	5157	5032	6090	8.7%
Canada	5703	5468	5926	1.9%
United States	5157	4945	5359	1.9%
United Kingdom	4486	4274	5061	6.2%
Germany	4597	4625	4917	3.4%
Poland	3378	3669	3875	7.1%
Vietnam	2687	2463	2351	-6.5%
Russia	2284	2372	2225	-1.3%
Taiwan (Chinese)	1910	2671	2162	6.4%
Malaysia	3170	3127	2052	-19.5%
Indonesia	1939	1942	1850	-2.3%
Kazakhstan	1309	2000	1590	10.2%
Average	3754	3693	3692	-0.8%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was the Netherlands ($6,249 per ton), while Kazakhstan ($1,590 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.

Metal Hammer - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	million USD			CAGR, 2018-2020
United States	101	94	95	-3.3%
Germany	22	25	25	6.2%
Netherlands	12	12	24	42.0%
Canada	18	17	17	-3.3%
United Kingdom	16	14	14	-7.3%

In value terms, the United States ($95M) constitutes the largest market for imported hammers and sledge hammers with working part of metal worldwide, comprising 21% of global imports. The second position in the ranking was occupied by Germany ($25M), with a 5.7% share of global imports. It was followed by the Netherlands, with a 5.5% share.

From 2018 to 2020, the average annual growth rate of value in the United States amounted to -3.3%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+6.2% per year) and the Netherlands (+42.0% per year).

Metal Hammer - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	million USD			CAGR, 2018-2020
China	236	249	257	4.3%
Taiwan (Chinese)	41	40	32	-10.7%
Germany	26	26	27	1.0%
Mexico	28	26	25	-5.1%
India	15	17	14	-5.6%

In value terms, China ($257M) remains the largest metal hammer supplier worldwide, comprising 54% of global exports. The second position in the ranking was occupied by Taiwan (Chinese) ($33M), with a 6.9% share of global exports. It was followed by Germany, with a 5.6% share.

From 2018 to 2020, the average annual rate of growth in terms of value in China stood at +4.3%. The remaining exporting countries recorded the following average annual rates of exports growth: Taiwan (Chinese) (-10.7% per year) and Germany (+1.0% per year).

Metal Hammer - Market Forecast

Driven by increasing demand for metal hammer 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.