Australia - Screwdrivers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingScrewdriver Price in Australia - 2023
Contents:
- Screwdriver Price in Australia (CIF) - 2022
- Screwdriver Price in Australia (FOB) - 2022
- Screwdriver Imports in Australia
- Screwdriver Exports in Australia
Screwdriver Price in Australia (CIF) - 2022
In 2022, the average screwdriver import price amounted to $15,735 per ton, increasing by 5.6% against the previous year. Overall, the import price posted a resilient expansion. The pace of growth appeared the most rapid in 2016 when the average import price increased by 69% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($15,735 per ton) and Taiwan (Chinese) ($15,735 per ton), while the price for China ($15,735 per ton) and Germany ($15,735 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Screwdriver Price in Australia (FOB) - 2022
In 2022, the average screwdriver export price amounted to $10,844 per ton, waning by -31.8% against the previous year. Over the period under review, the export price showed a pronounced descent. The most prominent rate of growth was recorded in 2019 an increase of 44%. As a result, the export price attained the peak level of $28,411 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($26,428 per ton), while the average price for exports to Switzerland ($9,155 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 Indonesia (+3.4%), while the prices for the other major destinations experienced mixed trend patterns.
Screwdriver Imports in Australia
In 2022, the amount of screwdrivers imported into Australia amounted to 1.1K tons, growing by 13% against 2021 figures. The total import volume increased at an average annual rate of +10.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 17% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, screwdriver imports skyrocketed to $17M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +16.3% 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 +57.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 24%. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Screwdriver in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.0 | 5.2 | 6.3 | 8.6 | 19.8% |
| Taiwan (Chinese) | 2.9 | 3.1 | 3.8 | 3.5 | 6.5% |
| United States | 0.8 | 0.9 | 1.1 | 1.9 | 33.4% |
| Germany | 1.6 | 1.5 | 2.1 | 1.6 | 0.0% |
| Czech Republic | 0.1 | 0.2 | 0.3 | 0.7 | 91.3% |
| Others | 0.6 | 0.7 | 0.9 | 0.9 | 14.5% |
| Total | 10.9 | 11.6 | 14.4 | 17.2 | 16.4% |
Top Suppliers of Screwdriver to Australia in 2022:
- China (547.2 tons)
- Taiwan (Chinese) (223.1 tons)
- United States (122.5 tons)
- Germany (100.6 tons)
- Czech Republic (41.6 tons)
Screwdriver Exports in Australia
In 2022, approx. 36 tons of screwdrivers were exported from Australia; picking up by 132% on 2021 figures. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, screwdriver exports surged to $390K in 2022. In general, exports continue to indicate temperate growth. The growth pace was the most rapid in 2021 with an increase of 73% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Screwdriver in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 184 | 101 | 105 | 280 | 15.0% |
| Indonesia | 9.3 | 5.3 | 10.6 | 17.5 | 23.5% |
| United States | 41.4 | 4.1 | 13.9 | 17.4 | -25.1% |
| Papua New Guinea | 21.1 | 12.9 | 4.1 | 17.2 | -6.6% |
| Switzerland | N/A | 0.2 | 3.7 | 8.2 | 540.3% |
| Burkina Faso | N/A | 0.1 | 0.3 | 6.8 | 724.6% |
| United Kingdom | 28.4 | 0.2 | 1.7 | 1.4 | -63.3% |
| France | 22.6 | 0.8 | 5.7 | N/A | -49.8% |
| Others | 31.4 | 18.3 | 101 | 41.0 | 9.3% |
| Total | 339 | 143 | 246 | 390 | 4.8% |
Top Export Markets for Screwdriver from Australia in 2022:
- New Zealand (29.0 tons)
- Papua New Guinea (1.9 tons)
- Switzerland (0.9 tons)
- United States (0.7 tons)
- Indonesia (0.7 tons)
- Burkina Faso (0.7 tons)
- United Kingdom (0.1 tons)
This report provides an in-depth analysis of the screwdriver market in Australia. 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 25733063 - Screwdrivers
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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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