Malta: Interchangeable Tool Market 2020

Interchangeable Tool Market Size in Malta

The revenue of the interchangeable tool market in Malta amounted to $X in 2018, rising by X% against 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). In general, interchangeable tool consumption, however, continues to indicate a perceptible decline. The pace of growth was the most pronounced in 2010 when the market value increased by X% against the previous year. Over the period under review, the interchangeable tool market attained its peak figure level at $X in 2012; however, from 2013 to 2018, consumption failed to regain its momentum.

Interchangeable Tool Exports

Exports from Malta

In 2018, the exports of interchangeable tools for hand tools from Malta totaled X tons, falling by -X% against the previous year. Overall, interchangeable tool exports continue to indicate a measured descent. The pace of growth was the most pronounced in 2011 when exports increased by X% year-to-year. Over the period under review, interchangeable tool exports attained their peak figure at X tons in 2014; however, from 2015 to 2018, exports failed to regain their momentum.

In value terms, interchangeable tool exports stood at $X in 2018. Over the period under review, interchangeable tool exports continue to indicate a drastic deduction. The pace of growth appeared the most rapid in 2011 when exports increased by X% year-to-year. Over the period under review, interchangeable tool exports attained their peak figure at $X in 2014; however, from 2015 to 2018, exports remained at a lower figure.

Exports by Country

In 2018, China (X tons), distantly followed by South Korea (X tons), Germany (X tons), Japan (X tons) and Italy (X tons) were the largest exporters of interchangeable tools for hand tools, together comprising X% of total exports. The U.S. (X tons), Taiwan, Chinese (X tons), Canada (X tons), Spain (X tons) and Turkey (X tons) held a minor share of total exports.

Exports from China increased at an average annual rate of +X% from 2007 to 2018. At the same time, Turkey (+X%), Canada (+X%), South Korea (+X%) and Taiwan, Chinese (+X%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Japan, Italy, the U.S. and Spain experienced a relatively flat trend pattern. By contrast, Germany (-X%) illustrated a downward trend over the same period. China (+X p.p.) and South Korea (+X p.p.) significantly strengthened its position in terms of the global exports, while Germany saw its share reduced by -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest interchangeable tool markets from Malta were Germany ($X), China ($X) and Japan ($X), with a combined X% share of total exports. These countries were followed by the U.S., South Korea, Italy, Taiwan, Chinese, Canada, Spain, Turkey and Malta, which together accounted for a further X experienced the highest rates of growth with regard to exports, in terms of the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the interchangeable tool export price in Malta amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the interchangeable tool export price, however, continues to indicate an abrupt curtailment. The most prominent rate of growth was recorded in 2018 when the export price increased by X% against the previous year. Over the period under review, the export prices for interchangeable tools for hand tools reached their peak figure at $X per ton in 2009; however, from 2010 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the U.S. ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the other leaders experienced more modest paces of growth.

Interchangeable Tool Imports

Imports into Malta

In 2018, the imports of interchangeable tools for hand tools into Malta stood at X tons, coming down by -X% against the previous year. Overall, interchangeable tool imports continue to indicate a drastic decrease. The pace of growth was the most pronounced in 2012 when imports increased by X% against the previous year. In that year, interchangeable tool imports attained their peak of X tons. From 2013 to 2018, the growth of interchangeable tool imports remained at a lower figure.

In value terms, interchangeable tool imports amounted to $X in 2018. In general, interchangeable tool imports continue to indicate a mild drop. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Malta imports peaked at $X in 2012; however, from 2013 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, the U.S. (X tons), followed by Germany (X tons), China (X tons) and Spain (X tons) were the largest importers of interchangeable tools for hand tools, together mixing up X% of total imports. Mexico (X tons), Russia (X tons), France (X tons), the UK (X tons), India (X tons), Japan (X tons), Austria (X tons) and Brazil (X tons) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Mexico, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Germany ($X) and China ($X) appeared to be the countries with the highest levels of imports in 2018, together comprising X% of total imports. Mexico, France, India, Japan, Russia, the UK, Spain, Austria, Brazil and Malta lagged somewhat behind, together comprising a further X recorded the highest rates of growth with regard to imports, in terms of the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the interchangeable tool import price in Malta amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the interchangeable tool import price continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2015 an increase of X% year-to-year. Over the period under review, the import prices for interchangeable tools for hand tools attained their peak figure in 2018 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Germany ($X per ton), while Brazil ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by India, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform