Spades and Shovels Market

Spades and shovels market: enjoy the latest data featured by an Ai-driven BI tool. Facts and figures include imports, trade, consumption, market prices, market size, companies, exports, and production. Here is a breakdown by region, including EU, Russia, the Middle East, Latin America, the U.K., the U.S., Africa, and China. Market trends and forecast to 2030 are also provided in the dashboards.


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Spades and Shovels - World's Largest Markets

RatingCountry
1China
2United States
3India
4Japan
5Germany

In value terms, the largest spades and shovels markets worldwide were China, the United States and India, with a combined 35% share of the global market. These countries were followed by Japan, Germany, Brazil, Indonesia, the UK, South Korea, Turkey, Russia, Nigeria and Italy, which together accounted for a further 26%.

Germany saw the highest growth rate of market size, among the main consuming countries over the period under review, while spades and shovels market for the other global leaders experienced more modest paces of growth.

Spades And Shovels Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per tonne
China185518291718-3.8%
India242023832081-7.3%
Brazil271628152271-8.6%
Taiwan (Chinese)595046712945-29.6%
Mexico31723553433516.9%
Netherlands4149402747707.2%
Poland5416520257242.8%
Germany51455825674314.5%
Average2434247425873.1%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Germany ($6,743 per tonne), while China ($1,718 per tonne) 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

COUNTRY201820192020CAGR,
2018-2020
USD per tonne
Netherlands36123470443610.8%
Germany3873440839961.6%
United Kingdom3038305931481.8%
United States345630053089-5.5%
Canada401731052810-16.4%
Tanzania1950196619670.4%
Ghana1757192319425.1%
South Korea184721281685-4.5%
Russia161314521291-10.5%
Iran166716741059-20.3%
Uzbekistan12301428878-15.5%
Cambodia12281059855-16.6%
Nigeria11731170629-26.8%
Average259524632357-4.7%

Prices varied noticeably by the country of destination; the country with the highest price was the Netherlands ($4,436 per tonne), while Nigeria ($629 per tonne) 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.

Spades and Shovels - Top Importers

COUNTRY201820192020CAGR,
2018-2020
million USD
United States6562714.1%
Netherlands16192115.4%
Germany212020-3.3%
United Kingdom151514-1.8%
Ghana4.49.19.143.7%

In value terms, the United States ($71M) constitutes the largest market for imported spades and shovels worldwide, comprising 21% of global imports. The second position in the ranking was occupied by the Netherlands ($21M), with a 6.5% share of global imports. It was followed by Germany, with a 6% share.

From 2018 to 2020, the average annual rate of growth in terms of value in the United States totaled +4.1%. In the other countries, the average annual rates were as follows: the Netherlands (+15.4% per year) and Germany (-3.3% per year).

Spades and Shovels - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
million USD
China14514796-18.8%
Mexico3038346.8%
Poland192116-8.3%
Netherlands5.85.31560.9%
Germany8.3111325.9%

In value terms, China ($96M) remains the largest spades and shovels supplier worldwide, comprising 39% of global exports. The second position in the ranking was occupied by Mexico ($34M), with a 14% share of global exports. It was followed by Poland, with a 6.4% share.

From 2018 to 2020, the average annual rate of growth in terms of value in China totaled -18.8%. In the other countries, the average annual rates were as follows: Mexico (+6.8% per year) and Poland (-8.3% per year).

Spades and Shovels - Market Forecast

Driven by rising demand for spades and shovels worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, 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.

Spades and Shovels - Product Coverage

  • HS 820110 - Tools, hand; spades and shovels
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World - Spades and Shovels - Market Analysis, Forecast, Size, Trends and Insights
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Eastern Asia - Spades and Shovels - Market Analysis, Forecast, Size, Trends and Insights
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Africa - Spades and Shovels - Market Analysis, Forecast, Size, Trends and Insights
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Middle East - Spades and Shovels - Market Analysis, Forecast, Size, Trends and Insights
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Latin America and the Caribbean - Spades and Shovels - Market Analysis, Forecast, Size, Trends and Insights
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Central Asia - Spades and Shovels - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the spades and shovels market in Central Asia.

South-Eastern Asia - Spades and Shovels - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the spades and shovels market in South-Eastern Asia.

Northern America - Spades and Shovels - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the spades and shovels market in Northern America.

Southern Asia - Spades and Shovels - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the spades and shovels market in Southern Asia.

Australia and Oceania - Spades and Shovels - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the spades and shovels market in Australia and Oceania.

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