U.S. - 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 United States - 2023
Contents:
- Price for Hand-Operated Drilling, Threading or Tapping Tool in the United States (FOB) - 2022
- Price for Hand-Operated Drilling, Threading or Tapping Tool in the United States (CIF) - 2023
- Exports of Hand-Operated Drilling, Threading or Tapping Tool in the United States
- Imports of Hand-Operated Drilling, Threading or Tapping Tool in the United States
Price for Hand-Operated Drilling, Threading or Tapping Tool in the United States (FOB) - 2022
In 2022, the average export price for hand-operated drilling, threading or tapping tools amounted to $61,400 per ton, increasing by 23% against the previous year. Over the period under review, the export price enjoyed a buoyant increase. The pace of growth was the most pronounced in 2020 when the average export price increased by 37%. Over the period under review, the average export prices hit record highs 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 Canada ($153,497 per ton), while the average price for exports to India ($25,399 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 Canada (+21.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Hand-Operated Drilling, Threading or Tapping Tool in the United States (CIF) - 2023
In November 2023, the average import price for hand-operated drilling, threading or tapping tools amounted to $17,116 per ton, surging by 3.5% against the previous month. Overall, the import price, however, recorded a perceptible reduction. The most prominent rate of growth was recorded in February 2023 an increase of 150% month-to-month. The import price peaked at $31,106 per ton in March 2023; however, from April 2023 to November 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($139K per ton), while the price for China ($9,813 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+30.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Hand-Operated Drilling, Threading or Tapping Tool in the United States
In 2022, the amount of hand-operated drilling, threading or tapping tools exported from the United States was estimated at 420 tons, stabilizing at the year before. Over the period under review, exports, however, continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 when exports increased by 22% against the previous year.
In value terms, exports of hand-operated drilling, threading or tapping tools surged to $26M in 2022. Overall, total exports indicated a remarkable increase 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, exports increased by +61.1% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 30%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.
Export of Hand-Operated Drilling, Threading or Tapping Tool in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 2.5 | 1.3 | 2.5 | 8.2 | 48.6% |
Canada | 3.9 | 3.6 | 3.6 | 3.8 | -0.9% |
Germany | 1.0 | 0.7 | 1.6 | 1.5 | 14.5% |
Japan | 0.8 | 0.5 | 1.9 | 1.4 | 20.5% |
Costa Rica | 0.1 | 0.5 | 0.9 | 0.9 | 108.0% |
United Kingdom | 0.9 | 0.7 | 0.9 | 0.8 | -3.9% |
Peru | 0.4 | 0.2 | 1.0 | 0.6 | 14.5% |
France | 0.4 | 0.2 | 0.5 | 0.5 | 7.7% |
Netherlands | 0.1 | 0.1 | 0.1 | 0.4 | 58.7% |
Singapore | 0.4 | 0.2 | 0.2 | 0.4 | 0.0% |
Switzerland | 0.2 | 0.1 | 0.2 | 0.4 | 26.0% |
Colombia | 0.4 | 0.1 | 0.2 | 0.3 | -9.1% |
India | 1.5 | 0.6 | 0.2 | 0.2 | -48.9% |
Others | 7.7 | 7.1 | 6.9 | 6.3 | -6.5% |
Total | 20.3 | 16.0 | 20.8 | 25.8 | 8.3% |
Top Export Markets for Hand-Operated Drilling, Threading or Tapping Tool from the United States in 2022:
- Mexico (144.5 tons)
- Japan (49.3 tons)
- Germany (37.0 tons)
- Canada (24.9 tons)
- Switzerland (11.4 tons)
- Singapore (10.4 tons)
- United Kingdom (10.0 tons)
- Peru (9.8 tons)
- Netherlands (9.2 tons)
- India (8.2 tons)
- France (7.5 tons)
- Colombia (6.6 tons)
- Costa Rica (6.4 tons)
Imports of Hand-Operated Drilling, Threading or Tapping Tool in the United States
In 2022, imports of hand-operated drilling, threading or tapping tools into the United States stood at 618 tons, picking up by 5.1% on the previous year's figure. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, imports of hand-operated drilling, threading or tapping tools rose significantly to $14M in 2022. In general, imports, however, saw a mild reduction. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year.
Import of Hand-Operated Drilling, Threading or Tapping Tool in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 6.2 | 3.9 | 4.4 | 5.2 | -5.7% |
Finland | 2.2 | 0.7 | 2.0 | 2.0 | -3.1% |
Israel | 1.8 | 1.6 | 0.9 | 1.2 | -12.6% |
South Korea | 1.1 | 0.5 | 1.2 | 1.2 | 2.9% |
Taiwan (Chinese) | 0.8 | 1.0 | 0.6 | 0.6 | -9.1% |
India | 0.5 | 0.2 | 0.5 | 0.6 | 6.3% |
Germany | 0.4 | 0.4 | 0.3 | 0.4 | 0.0% |
France | 0.3 | 0.2 | 0.1 | 0.3 | 0.0% |
Others | 2.1 | 2.4 | 3.2 | 3.0 | 12.6% |
Total | 15.3 | 10.9 | 13.1 | 14.5 | -1.8% |
Top Suppliers of Hand-Operated Drilling, Threading or Tapping Tool to the United States in 2022:
- China (447.0 tons)
- India (39.0 tons)
- Israel (26.0 tons)
- South Korea (24.2 tons)
- Taiwan (Chinese) (22.3 tons)
- France (10.8 tons)
- Finland (10.6 tons)
- Germany (8.6 tons)
This report provides an in-depth analysis of the market for hand-operated drilling, threading or tapping tool in the U.S.. 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 States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
-
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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