China - Tools Of Wood - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWood Tool Price in China - 2023
Contents:
- Wood Tool Price in China (FOB) - 2023
- Wood Tool Price in China (CIF) - 2022
- Wood Tool Exports in China
- Wood Tool Imports in China
Wood Tool Price in China (FOB) - 2023
In June 2023, the average wood tool export price amounted to $1,241 per ton, reducing by -40.2% against the previous month. In general, the export price recorded a abrupt decrease. The growth pace was the most rapid in February 2023 an increase of 51% month-to-month. Over the period under review, the average export prices hit record highs at $5,788 per ton in December 2022; however, from January 2023 to June 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Chile ($2,489 per ton), while the average price for exports to Malaysia ($414 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Chile (-2.9%), while the prices for the other major destinations experienced a decline.
Wood Tool Price in China (CIF) - 2022
In 2022, the average wood tool import price amounted to $11,660 per ton, declining by -9.3% against the previous year. Overall, the import price, however, posted a temperate expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 103% against the previous year. Over the period under review, average import prices hit record highs at $13,064 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($54,169 per ton), while the price for Indonesia ($1,148 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+34.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Wood Tool Exports in China
In 2022, the amount of tools of wood exported from China contracted rapidly to 42K tons, which is down by -15.3% compared with the year before. In general, exports recorded a deep setback. The growth pace was the most rapid in 2021 with an increase of 12% against the previous year.
In value terms, wood tool exports contracted significantly to $193M in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +16.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 39% against the previous year.
| Export of Wood Tool in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 9.1 | 35.1 | 4.8 | 16.4 | 21.7% |
| Iraq | 3.3 | 8.3 | 25.7 | 12.7 | 56.7% |
| Egypt | 1.1 | 4.9 | 15.4 | 10.2 | 110.1% |
| United Arab Emirates | 1.7 | 5.9 | 8.1 | 9.7 | 78.7% |
| South Africa | 6.9 | 10.1 | 11.6 | 9.6 | 11.6% |
| South Korea | 2.2 | 7.7 | 15.9 | 9.1 | 60.5% |
| Sri Lanka | 0.4 | 4.2 | 8.4 | 7.9 | 170.3% |
| Saudi Arabia | 22.2 | 7.2 | 10.7 | 7.0 | -31.9% |
| Malaysia | 44.1 | 24.9 | 11.2 | 6.6 | -46.9% |
| Mexico | 0.3 | 1.3 | 3.4 | 6.2 | 174.4% |
| Peru | 0.1 | 2.4 | 8.5 | 5.8 | 287.1% |
| Chile | 0.5 | 3.1 | 10.6 | 5.5 | 122.4% |
| Indonesia | 5.7 | 3.4 | 3.6 | 5.3 | -2.4% |
| Others | 26.0 | 53.5 | 101 | 81.2 | 46.2% |
| Total | 124 | 172 | 239 | 193 | 15.9% |
Top Export Markets for Wood Tool from China in 2022:
- Iraq (2.8K tons)
- Saudi Arabia (2.5K tons)
- Malaysia (2.5K tons)
- Singapore (2.3K tons)
- South Africa (2.1K tons)
- Egypt (1.9K tons)
- United Arab Emirates (1.9K tons)
- Indonesia (1.7K tons)
- South Korea (1.7K tons)
- Chile (1.2K tons)
- Mexico (1.1K tons)
- Sri Lanka (1.1K tons)
- Peru (0.8K tons)
Wood Tool Imports in China
In 2022, imports of tools of wood into China surged to 156 tons, growing by 41% on 2021 figures. In general, imports, however, showed a abrupt curtailment.
In value terms, wood tool imports surged to $1.8M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +8.6% 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 +54.5% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Wood Tool in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1,033 | 907 | 1,090 | 1,167 | 4.1% |
| New Zealand | N/A | N/A | N/A | 156 | 0% |
| United States | 3.0 | 57.1 | 74.6 | 85.2 | 205.1% |
| Indonesia | 88.9 | 47.2 | 83.9 | 54.4 | -15.1% |
| Taiwan (Chinese) | 11.3 | N/A | N/A | N/A | 0% |
| Czech Republic | 62.9 | N/A | N/A | N/A | 0% |
| Brazil | 49.3 | 19.0 | 18.0 | N/A | -39.6% |
| Others | 173 | 149 | 159 | 360 | 27.7% |
| Total | 1,422 | 1,180 | 1,425 | 1,823 | 8.6% |
Top Suppliers of Wood Tool to China in 2022:
- Indonesia (47.4 tons)
- New Zealand (35.1 tons)
- Japan (21.5 tons)
- United States (5.1 tons)
This report provides an in-depth analysis of the wood tool market in China. 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 16291130 - Tools, tool bodies and handles and broom or brush bodies and handles of wood, boot and shoe lasts and trees of wood
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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
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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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This report provides an in-depth analysis of the wood tool market in China.
675
This report provides an in-depth analysis of the global wood tool market.
429
This report provides an in-depth analysis of the wood tool market in China.
675
This report provides an in-depth analysis of the global wood tool market.
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