Germany: Market for Hand-Operated Drilling, Threading or Tapping Tools 2024

Market Size for Hand-Operated Drilling, Threading or Tapping Tools in Germany

In 2022, the German market for hand-operated drilling, threading or tapping tools was finally on the rise to reach $X after two years of decline. In general, consumption, however, saw a noticeable decline. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Hand-Operated Drilling, Threading or Tapping Tools in Germany

In value terms, production of hand-operated drilling, threading or tapping tools skyrocketed to $X in 2022 estimated in export price. In general, production posted prominent growth. The pace of growth was the most pronounced in 2017 with an increase of X%. As a result, production reached the peak level of $X. From 2018 to 2022, production of growth remained at a somewhat lower figure.

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Exports of Hand-Operated Drilling, Threading or Tapping Tools

Exports from Germany

In 2022, overseas shipments of hand-operated drilling, threading or tapping tools increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports, however, saw a noticeable curtailment. The growth pace was the most rapid in 2015 with an increase of X%. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, exports of hand-operated drilling, threading or tapping tools dropped to $X in 2022. In general, exports, however, showed a noticeable decrease. The growth pace was the most rapid in 2016 with an increase of X%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Poland (X tons), Austria (X tons) and Switzerland (X tons) were the main destinations of exports of hand-operated drilling, threading or tapping tools from Germany, with a combined X% share of total exports. France, Italy, the Netherlands, El Salvador, the Czech Republic, Spain, the UK, Belgium, Russia and Hungary lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for El Salvador (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hand-operated drilling, threading or tapping tool exported from Germany were Austria ($X), Switzerland ($X) and Poland ($X), together accounting for X% of total exports. France, the Netherlands, Italy, the Czech Republic, the UK, Belgium, Spain, Russia, El Salvador and Hungary lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, El Salvador, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for hand-operated drilling, threading or tapping tools amounted to $X per ton, falling by X% against the previous year. Overall, the export price showed a slight decrease. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hand-Operated Drilling, Threading or Tapping Tools

Imports into Germany

In 2022, overseas purchases of hand-operated drilling, threading or tapping tools increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, total imports indicated a pronounced expansion 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 2020 indices. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of hand-operated drilling, threading or tapping tools expanded sharply to $X in 2022. Overall, imports recorded a temperate expansion. The pace of growth appeared the most rapid in 2016 with an increase of X%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest hand-operated drilling, threading or tapping tool supplier to Germany, accounting for a X% share of total imports. Moreover, imports of hand-operated drilling, threading or tapping tools from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), sixfold. The third position in this ranking was held by Poland (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Poland (X% per year).

In value terms, China ($X) constituted the largest supplier of hand-operated drilling, threading or tapping tools to Germany, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Poland (X% per year).

Import Prices by Country

In 2022, the average import price for hand-operated drilling, threading or tapping tools amounted to $X per ton, which is down by X% against the previous year. In general, the import price saw a pronounced shrinkage. The growth pace was the most rapid in 2016 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for China ($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 prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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