
France - Power Tools - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact
You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).
By clicking «Buy the Report», you agree to our Terms of Service and Privacy Policy. We'll occasionally send you account related emails.
France: Power Tool Market Overview 2020
Power Tool Market Size in France
The French power tool market was estimated at $X in 2019, standing approx. at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when the market value increased by X% y-o-y. Power tool consumption peaked in 2019 and is expected to retain growth in the immediate term.
Power Tool Exports
Exports from France
After two years of growth, overseas shipments of power tools decreased by -X% to X units in 2019. Overall, exports, however, saw a moderate expansion. The pace of growth was the most pronounced in 2018 when exports increased by X% year-to-year. As a result, exports attained the peak of X units, and then contracted rapidly in the following year.
In value terms, power tool exports contracted slightly to $X in 2019. Over the period under review, exports, however, enjoyed resilient growth. The growth pace was the most rapid in 2018 when exports increased by X% year-to-year. As a result, exports attained the peak of $X, leveling off in the following year.
Exports by Country
Germany (X units) was the main destination for power tool exports from France, accounting for a X% share of total exports. Moreover, power tool exports to Germany exceeded the volume sent to the second major destination, Belgium (X units), twofold. Spain (X units) ranked third in terms of total exports with a X% share.
From 2007 to 2018, the average annual growth rate of volume to Germany totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-X% per year) and Spain (-X% per year).
In value terms, Germany ($X) remains the key foreign market for power tool exports from France, comprising X% of total exports. The second position in the ranking was occupied by Belgium ($X), with a X% share of total exports. It was followed by Italy, with a X% share.
From 2007 to 2018, the average annual growth rate of value to Germany amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-X% per year) and Italy (+X% per year).
Export Prices by Country
The average power tool export price stood at $X per unit in 2018, shrinking by -X% against the previous year. Over the period under review, the export price recorded a mild shrinkage. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. As a result, export price reached the peak level of $X per unit. From 2015 to 2018, the growth in terms of the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination; the country with the highest price was Italy ($X per unit), while the average price for exports to Portugal ($X per unit) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Italy, while the prices for the other major destinations experienced mixed trend patterns.
Power Tool Imports
Imports into France
In 2019, purchases abroad of power tools decreased by -X% to X units for the first time since 2015, thus ending a three-year rising trend. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Over the period under review, imports attained the maximum at X units in 2018, and then dropped in the following year.
In value terms, power tool imports shrank to $X in 2019. The total import value increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. Over the period under review, imports attained the maximum at $X in 2018, and then shrank in the following year.
Imports by Country
In 2018, China (X units) constituted the largest power tool supplier to France, accounting for a X% share of total imports. Moreover, power tool imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. The third position in this ranking was occupied by Austria (X units), with a X% share.
From 2007 to 2018, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and Austria (+X% per year).
In value terms, the largest power tool suppliers to France were China ($X), Germany ($X) and Austria ($X), together accounting for X% of total imports.
Austria recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average power tool import price stood at $X per unit in 2018, waning by -X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008 an increase of X% against the previous year. The import price peaked at $X per unit in 2011; however, from 2012 to 2018, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Germany ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox AI Platform
Frequently Asked Questions (FAQ) :
What are the largest markets for power tools in the world?+
The countries with the highest volumes of power tool consumption in 2019 were China (122M units), the U.S. (81M units) and Japan (20M units), with a combined 52% share of global consumption. Germany, Russia, France, India, Belgium, Brazil, Poland, Australia and Mexico lagged somewhat behind, together comprising a further 24%.
What are the largest producers of power tools in the world?+
China (234M units) constituted the country with the largest volume of power tool production, comprising approx. 76% of total volume. Moreover, power tool production in China exceeded the figures recorded by the second-largest producer, Japan (18M units), more than tenfold. Germany (13M units) ranked third in terms of total production with a 4.2% share.
What are the leading suppliers of power tools to France?+
In value terms, China ($411M), Germany ($256M) and Austria ($94M) appeared to be the largest power tool suppliers to France, together accounting for 73% of total imports.
What are the leading importers of power tools from France?+
In value terms, Germany ($54M) remains the key foreign market for power tool exports from France, comprising 21% of total exports. The second position in the ranking was occupied by Belgium ($17M), with a 6.7% share of total exports. It was followed by Italy, with a 5.3% share.
What is the average export price for power tools in France?+
The average power tool export price stood at $73 per unit in 2018, waning by -6.2% against the previous year.
What is the average import price for power tools in France?+
In 2018, the average power tool import price amounted to $59 per unit, falling by -1.5% against the previous year.
This report provides an in-depth analysis of the power tool market in France. 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 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
Webinar: Global Animal Feed Market - Statistics, Trends, and Outlook
Join our live webinar to get insights into the global animal feed market.
Thursday, February 11th, 2021 @ 10:00 am ET
Register
Webinar: Global Paperboard Box Market - Statistics, Trends, and Outlook
Join our live webinar to get insights into the global paperboard box market.
Thursday, February 18th, 2021 @ 10:00 am ET
Register
Webinar: Global Insulated Wire and Cable Market - Statistics, Trends, and Outlook
Join our live webinar to get insights into the global insulated wire and cable market.
Thursday, February 25th, 2021 @ 10:00 am ET
Register