United Kingdom - Hand-Operated Drilling, Threading or Tapping Tools - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Hand-Operated Drilling, Threading or Tapping Tool in the UK - 2023
Contents:
- Price for Hand-Operated Drilling, Threading or Tapping Tool in the UK (CIF) - 2022
- Price for Hand-Operated Drilling, Threading or Tapping Tool in the UK (FOB) - 2022
- Imports of Hand-Operated Drilling, Threading or Tapping Tool in the UK
- Exports of Hand-Operated Drilling, Threading or Tapping Tool in the UK
Price for Hand-Operated Drilling, Threading or Tapping Tool in the UK (CIF) - 2022
In 2022, the average import price for hand-operated drilling, threading or tapping tools amounted to $9,623 per ton, with an increase of 36% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($27,013 per ton), while the price for India ($6,260 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Hand-Operated Drilling, Threading or Tapping Tool in the UK (FOB) - 2022
In 2022, the average export price for hand-operated drilling, threading or tapping tools amounted to $47,237 per ton, growing by 1.7% against the previous year. In general, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for hand-operated drilling, threading or tapping tools increased by +21.9% against 2017 indices. The growth pace was the most rapid in 2013 when the average export price increased by 21%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was New Zealand ($112,641 per ton), while the average price for exports to Ireland ($11,221 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Hand-Operated Drilling, Threading or Tapping Tool in the UK
In 2022, supplies from abroad of hand-operated drilling, threading or tapping tools decreased by -30.7% to 1.3K tons, falling for the second year in a row after two years of growth. In general, imports saw a sharp shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 7.4% against the previous year. As a result, imports attained the peak of 3.1K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of hand-operated drilling, threading or tapping tools declined to $13M in 2022. Overall, imports faced a abrupt decline.
| Import of Hand-Operated Drilling, Threading or Tapping Tool in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 11.8 | 12.5 | 9.8 | 9.5 | -7.0% |
| Taiwan (Chinese) | 2.1 | 0.9 | 0.7 | 0.7 | -30.7% |
| India | 1.1 | 0.9 | 0.7 | 0.4 | -28.6% |
| Germany | 3.0 | 2.9 | 0.4 | 0.3 | -53.6% |
| Others | 3.1 | 1.8 | 1.9 | 1.7 | -18.1% |
| Total | 21.1 | 19.0 | 13.4 | 12.6 | -15.8% |
Top Suppliers of Hand-Operated Drilling, Threading or Tapping Tool to the UK in 2022:
- China (1134.1 tons)
- India (69.1 tons)
- Taiwan (Chinese) (52.6 tons)
- Germany (10.5 tons)
Exports of Hand-Operated Drilling, Threading or Tapping Tool in the UK
For the third year in a row, the UK recorded decline in shipments abroad of hand-operated drilling, threading or tapping tools, which decreased by -28.6% to 133 tons in 2022. Overall, exports showed a deep contraction. The smallest decline of -3.2% was in 2021.
In value terms, exports of hand-operated drilling, threading or tapping tools shrank significantly to $6.3M in 2022. Over the period under review, exports saw a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 12%. As a result, the exports reached the peak of $8.6M, and then contracted notably in the following year.
| Export of Hand-Operated Drilling, Threading or Tapping Tool in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,530 | 1,461 | 1,000 | 897 | -16.3% |
| United States | 856 | 856 | 1,109 | 738 | -4.8% |
| France | 725 | 488 | 846 | 416 | -16.9% |
| China | 354 | 200 | 352 | 408 | 4.8% |
| Poland | 479 | 392 | 347 | 325 | -12.1% |
| Netherlands | 42.0 | 104 | 371 | 306 | 93.9% |
| Spain | 198 | 168 | 309 | 304 | 15.4% |
| Italy | 190 | 200 | 334 | 263 | 11.4% |
| New Zealand | 182 | 275 | 327 | 263 | 13.1% |
| Norway | 241 | 239 | 172 | 189 | -7.8% |
| Hungary | 13.6 | 12.2 | N/A | 134 | 114.4% |
| United Arab Emirates | 221 | 251 | 209 | 116 | -19.3% |
| Ireland | 447 | 363 | 489 | 84.5 | -42.6% |
| Others | 3,127 | 2,721 | 2,772 | 1,831 | -16.3% |
| Total | 8,605 | 7,728 | 8,637 | 6,274 | -10.0% |
Top Export Markets for Hand-Operated Drilling, Threading or Tapping Tool from the UK in 2022:
- Germany (27.5 tons)
- Netherlands (9.8 tons)
- Spain (9.8 tons)
- United Arab Emirates (8.2 tons)
- China (8.0 tons)
- Ireland (7.5 tons)
- United States (7.2 tons)
- Hungary (6.5 tons)
- Italy (5.6 tons)
- Norway (4.8 tons)
- Poland (4.5 tons)
- France (4.5 tons)
- New Zealand (2.3 tons)
This report provides an in-depth analysis of the market for hand-operated drilling, threading or tapping tool 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 25733053 - Drilling, threading or tapping hand tools excluding interchangeable hand tools, machine-tools or power-operated hand tools, pneumatic tools or hand tools with a selfcontained motor
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
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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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