EU: Electromechanical Hand Tools Market 2020

Electromechanical Hand Tools Market Size in the EU

The revenue of the electromechanical hand tools market in the European Union amounted to $X in 2017, falling by -X% against the previous year. The electromechanical hand tools consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008, when it surged by X% year-to-year. In that year, the electromechanical hand tools market reached their peak level of $X. From 2009 to 2017, growth of the electromechanical hand tools market failed to regain its momentum.

Electromechanical Hand Tools Production in the EU

The electromechanical hand tools production totaled X units in 2017, coming up by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2016, with an increase of X% y-o-y. The volume of electromechanical hand tools production peaked in 2017, and is likely to continue its growth in the near future.

Electromechanical Hand Tools Exports in the EU

In 2017, approx. X units of electromechanical hand tools operated without an external source of power were exported in the European Union; surging by X% against the previous year. The total export volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2016, when it surged by X% year-to-year. The volume of exports peaked in 2017, and are likely to see steady growth in the near future.

In value terms, electromechanical hand tools exports amounted to $X in 2017. The total export value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The level of exports peaked in 2017, and are likely to continue its growth in the near future.

Electromechanical Hand Tools Exports by Country in the EU

In 2017, Germany (X units) represented the largest exporter for electromechanical hand tools operated without an external source of power, achieving X% of total exports. It was distantly followed by Belgium (X units), Romania (X units), the Netherlands (X units), Hungary (X units), Austria (X units) and the Czech Republic (X units), together creating X% share of total exports.

Exports from Germany decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Romania (+X%), Austria (+X%), the Netherlands (+X%) and Hungary (+X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest growing exporter in the European Union, with a CAGR of +X% from 2007-2017. By contrast, the Czech Republic (-X%) and Belgium (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Germany and Belgium increased by X% and X% percentage points, while Austria (-X%), the Netherlands (-X%) and Romania (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest electromechanical hand tools supplier in the European Union, making up X% of global exports. The second position in the ranking was occupied by Belgium ($X), with a X% share of global exports. It was followed by Austria, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Germany was relatively modest. In the other countries, the average annual rates were as follows: Belgium (-X% per year) and Austria (+X% per year).

Electromechanical Hand Tools Export Prices by Country in the EU

In 2017, the electromechanical hand tools export price in the European Union amounted to $X per unit, waning by -X% against the previous year. The electromechanical hand tools export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008, when the export prices increased by X% against the previous year. The level of export price peaked of $X per unit in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Austria ($X per unit), while Romania ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Hungary (+X% per year), while the other leaders experienced more modest paces of growth.

Electromechanical Hand Tools Imports in the EU

In 2017, approx. X units of electromechanical hand tools operated without an external source of power were imported in the European Union; going up by X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2010, with an increase of X% y-o-y. The volume of imports peaked in 2017, and are likely to continue its growth in the immediate term.

In value terms, electromechanical hand tools imports stood at $X in 2017. The total import value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. Over the period under review, the electromechanical hand tools imports attained its maximum level in 2017, and are expected to retain its growth in the immediate term.

Electromechanical Hand Tools Imports by Country in the EU

Germany (X units), France (X units), the UK (X units), the Netherlands (X units), Belgium (X units), Spain (X units), Poland (X units), Italy (X units), the Czech Republic (X units) and Austria (X units) represented roughly X% of total imports of electromechanical hand tools operated without an external source of power in 2017.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by the Czech Republic (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Belgium ($X) constituted the countries with the highest levels of imports in 2017, together comprising X% of total imports. The UK, the Netherlands, Italy, Poland, Austria, Spain and the Czech Republic lagged somewhat behind, together comprising a further X%.

The Netherlands (+X% per year) experienced the highest growth rate of imports, among the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Electromechanical Hand Tools Import Prices by Country in the EU

In 2017, the electromechanical hand tools import price in the European Union amounted to $X per unit, increasing by X% against the previous year. The electromechanical hand tools import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when the import prices increased by X% against the previous year. The level of import price peaked of $X per unit in 2013; however, from 2014 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Germany ($X per unit), while the Czech Republic ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Poland (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform