EU - Hand-Operated Drilling, Threading or Tapping Tools - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEU: Market for Hand-Operated Drilling, Threading or Tapping Tools 2024
Market Size for Hand-Operated Drilling, Threading or Tapping Tools in the EU
The EU market for hand-operated drilling, threading or tapping tools skyrocketed to $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.
Production of Hand-Operated Drilling, Threading or Tapping Tools in the EU
In value terms, production of hand-operated drilling, threading or tapping tools reduced to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.
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Exports of Hand-Operated Drilling, Threading or Tapping Tools
Exports in the EU
For the third year in a row, the European Union recorded growth in shipments abroad of hand-operated drilling, threading or tapping tools, which increased by X% to X tons in 2022. Total exports indicated a perceptible increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of hand-operated drilling, threading or tapping tools rose significantly to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.
Exports by Country
In 2022, the Netherlands (X tons) represented the main exporter of hand-operated drilling, threading or tapping tools, generating X% of total exports. Belgium (X tons) ranks second in terms of the total exports with an X% share, followed by Germany (X%), Spain (X%) and France (X%). Poland (X tons), Luxembourg (X tons), Italy (X tons), Sweden (X tons), Estonia (X tons) and Greece (X tons) took a minor share of total exports.
The Netherlands was also the fastest-growing in terms of the hand-operated drilling, threading or tapping tools exports, with a CAGR of X% from 2012 to 2022. At the same time, Luxembourg (X%), Estonia (X%), Greece (X%), Belgium (X%), Poland (X%) and France (X%) displayed positive paces of growth. Spain experienced a relatively flat trend pattern. By contrast, Germany (X%), Sweden (X%) and Italy (X%) illustrated a downward trend over the same period. While the share of the Netherlands (X p.p.), Belgium (X p.p.), Luxembourg (X p.p.), France (X p.p.), Estonia (X p.p.), Greece (X p.p.) and Poland (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Spain (X p.p.), Germany (X p.p.), Sweden (X p.p.) and Italy (X p.p.) displayed negative dynamics.
In value terms, the Netherlands ($X) remains the largest hand-operated drilling, threading or tapping tool supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by Spain, with an X% share.
In the Netherlands, exports of hand-operated drilling, threading or tapping tools increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (X% per year) and Spain (X% per year).
Export Prices by Country
In 2022, the export price in the European Union amounted to $X per ton, waning by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of X%. The level of export peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Sweden ($X per ton), while Greece ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the other leaders experienced more modest paces of growth.
Imports of Hand-Operated Drilling, Threading or Tapping Tools
Imports in the EU
For the eleventh year in a row, the European Union recorded growth in overseas purchases of hand-operated drilling, threading or tapping tools, which increased by X% to X tons in 2022. Total imports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2012 indices. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, imports of hand-operated drilling, threading or tapping tools expanded remarkably to $X in 2022. Overall, imports recorded buoyant growth. The pace of growth appeared the most rapid in 2017 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.
Imports by Country
The Netherlands represented the major importing country with an import of about X tons, which resulted at X% of total imports. It was distantly followed by France (X tons), Germany (X tons), Belgium (X tons) and Poland (X tons), together achieving a X% share of total imports. Romania (X tons), Latvia (X tons), Italy (X tons), the Czech Republic (X tons), Denmark (X tons), Spain (X tons), Sweden (X tons) and Ireland (X tons) held a relatively small share of total imports.
From 2012 to 2022, average annual rates of growth with regard to hand-operated drilling, threading or tapping tool imports into the Netherlands stood at X%. At the same time, Latvia (X%), Belgium (X%), France (X%), Denmark (X%), Italy (X%), Spain (X%), Germany (X%), Romania (X%), the Czech Republic (X%) and Sweden (X%) displayed positive paces of growth. Moreover, Latvia emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. By contrast, Poland (X%) and Ireland (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Netherlands, France, Belgium and Latvia increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the Netherlands ($X) constitutes the largest market for imported hand-operated drilling, threading or tapping tools in the European Union, comprising X% of total imports. The second position in the ranking was taken by France ($X), with a X% share of total imports. It was followed by Germany, with a X% share.
From 2012 to 2022, the average annual rate of growth in terms of value in the Netherlands totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: France (X% per year) and Germany (X% per year).
Import Prices by Country
In 2022, the import price in the European Union amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the import price increased by X%. The level of import peaked at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Latvia ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for hand-operated drilling, threading or tapping tool in the EU. 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:
- Austria
- Belgium
- Bulgaria
- Croatia
- Cyprus
- Czech Republic
- Denmark
- Estonia
- Finland
- France
- Germany
- Greece
- Hungary
- Ireland
- Italy
- Latvia
- Lithuania
- Luxembourg
- Malta
- Netherlands
- Poland
- Portugal
- Romania
- Slovakia
- Slovenia
- Spain
- Sweden
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in the EU, split by region and country
- Trade (exports and imports) in the EU
- 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
- CONSUMPTION BY COUNTRY
- 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
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- 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 -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Austria
- Belgium
- Bulgaria
- Croatia
- Cyprus
- Czech Republic
- Denmark
- Estonia
- Finland
- France
- Germany
- Greece
- Hungary
- Ireland
- Italy
- Latvia
- Lithuania
- Luxembourg
- Malta
- Netherlands
- Poland
- Portugal
- Romania
- Slovakia
- Slovenia
- Spain
- Sweden
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 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
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 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, 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, 2012–2023
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