United Kingdom - Hammers And Sledge Hammers With Working Part Of Metal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Hammer Price in the UK - 2023
Contents:
- Metal Hammer Price in the UK (CIF) - 2023
- Metal Hammer Price in the UK (FOB) - 2023
- Metal Hammer Imports in the UK
- Metal Hammer Exports in the UK
Metal Hammer Price in the UK (CIF) - 2023
In August 2023, the average metal hammer import price amounted to $5,158 per ton, shrinking by -12.9% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 34% m-o-m. Over the period under review, average import prices hit record highs at $6,783 per ton in January 2023; however, from February 2023 to August 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the United States ($35,422 per ton), while the price for India ($2,255 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the United States (+3.5%), while the prices for the other major suppliers experienced a decline.
Metal Hammer Price in the UK (FOB) - 2023
The average metal hammer export price stood at $14,239 per ton in August 2023, declining by -40.7% against the previous month. In general, the export price showed a pronounced reduction. The growth pace was the most rapid in July 2023 when the average export price increased by 119% month-to-month. As a result, the export price reached the peak level of $24,022 per ton, and then reduced dramatically in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was China ($22,491 per ton), while the average price for exports to Slovakia ($3,376 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Hammer Imports in the UK
In 2022, approx. 3.6K tons of hammers and sledge hammers with working part of metal were imported into the UK; falling by -23.5% on the year before. Over the period under review, total imports indicated moderate growth from 2019 to 2022: its volume increased at an average annual rate of +4.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +31.0% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 71%. As a result, imports attained the peak of 4.7K tons, and then declined sharply in the following year.
In value terms, metal hammer imports plummeted to $17M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +8.2% 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 +26.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 50%. As a result, imports reached the peak of $21M, and then dropped dramatically in the following year.
| Import of Metal Hammer in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.6 | 5.5 | 11.8 | 10.8 | 17.8% |
| United States | 1.9 | 2.0 | 3.2 | 2.1 | 3.4% |
| Taiwan (Chinese) | 0.8 | 0.6 | 1.6 | 1.5 | 23.3% |
| India | 1.0 | 0.9 | 1.3 | 1.3 | 9.1% |
| Germany | 0.8 | 2.5 | 0.5 | 0.2 | -37.0% |
| Belgium | 1.0 | 1.1 | 1.0 | N/A | 0.0% |
| Others | 1.7 | 1.5 | 1.5 | 1.4 | -6.3% |
| Total | 13.7 | 14.0 | 21.1 | 17.3 | 8.1% |
Top Suppliers of Metal Hammer to the UK in 2022:
- China (2801.8 tons)
- India (464.4 tons)
- Taiwan (Chinese) (165.5 tons)
- United States (84.5 tons)
- Germany (12.1 tons)
- Belgium (0.1 tons)
Metal Hammer Exports in the UK
For the third consecutive year, the UK recorded decline in overseas shipments of hammers and sledge hammers with working part of metal, which decreased by -6.5% to 299 tons in 2022. Overall, exports faced a dramatic shrinkage.
In value terms, metal hammer exports reduced to $4.7M in 2022. Over the period under review, exports recorded a deep setback.
| Export of Metal Hammer in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 568 | 461 | 553 | 885 | 15.9% |
| Ireland | 1,085 | 1,025 | 939 | 549 | -20.3% |
| United States | 743 | 596 | 648 | 325 | -24.1% |
| Netherlands | 197 | 220 | 285 | 313 | 16.7% |
| Germany | 535 | 784 | 67.6 | 223 | -25.3% |
| China | 42.8 | 22.9 | 26.6 | 192 | 64.9% |
| France | 542 | 1,358 | 213 | 186 | -30.0% |
| Thailand | 133 | 85.5 | 176 | 164 | 7.2% |
| Singapore | 138 | 78.6 | 76.8 | 129 | -2.2% |
| Belgium | 76.8 | 87.7 | 129 | 123 | 17.0% |
| Portugal | 13.3 | 12.5 | 3.9 | 121 | 108.8% |
| Canada | 59.8 | 26.0 | 29.8 | 74.1 | 7.4% |
| Senegal | 4.7 | 17.3 | 4.9 | 15.9 | 50.1% |
| Others | 4,622 | 2,883 | 1,773 | 1,413 | -32.6% |
| Total | 8,760 | 7,657 | 4,926 | 4,713 | -18.7% |
Top Export Markets for Metal Hammer from the UK in 2022:
- Ireland (49.3 tons)
- Australia (41.6 tons)
- Netherlands (22.4 tons)
- Belgium (18.7 tons)
- United States (12.4 tons)
- China (10.0 tons)
- Thailand (9.7 tons)
- France (9.4 tons)
- Portugal (9.2 tons)
- Germany (8.4 tons)
- Canada (8.1 tons)
- Singapore (7.9 tons)
- Senegal (7.9 tons)
This report provides an in-depth analysis of the metal hammer market in the UK. 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 25733055 - Hammers and sledge hammers with working part of metal
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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
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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
-
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
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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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