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Mexico - Hand Tools - Market Analysis, Forecast, Size, Trends And Insights
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Mexico: Hand Tools Market Overview 2020

Hand Tools Market Size in Mexico

The revenue of the hand tools market in Mexico amounted to $X in 2018, rising by X% against the previous year. Overall, hand tools consumption continues to indicate resilient growth. The most prominent rate of growth was recorded in 2010 when the market value increased by X% y-o-y. Hand tools consumption peaked at $X in 2015; however, from 2016 to 2018, consumption stood at a somewhat lower figure.

Hand Tools Production in Mexico

In value terms, hand tools production totaled $X in 2018 estimated in export prices. Overall, hand tools production continues to indicate a prominent increase. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Over the period under review, hand tools production reached its peak figure level in 2018 and is likely to see steady growth in the immediate term.

Hand Tools Exports

Exports from Mexico

In 2018, the amount of hand tools exported from Mexico stood at X tonnes, picking up by X% against the previous year. Overall, the total exports indicated strong growth from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, hand tools exports decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. In that year, hand tools exports attained their peak of X tonnes. From 2017 to 2018, the growth of hand tools exports failed to regain its momentum.

In value terms, hand tools exports amounted to $X in 2018. In general, the total exports indicated a resilient expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, hand tools exports increased by +X% against 2009 indices. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Exports peaked at $X in 2017, and then declined slightly in the following year.

Exports by Country

The U.S. (X tonnes) was the main destination for hand tools exports from Mexico, with a X% share of total exports. Moreover, hand tools exports to the U.S. exceeded the volume sent to the second major destination, the Dominican Republic (X tonnes), more than tenfold. Guatemala (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to the U.S. stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Dominican Republic (+X% per year) and Guatemala (+X% per year).

In value terms, the U.S. ($X) remains the key foreign market for hand tools exports from Mexico, comprising X% of total hand tools exports. The second position in the ranking was occupied by Guatemala ($X), with a X% share of total exports. It was followed by the Dominican Republic, with a X% share.

From 2007 to 2018, the average annual growth rate of value to the U.S. amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (+X% per year) and the Dominican Republic (+X% per year).

Export Prices by Country

The average hand tools export price stood at $X per tonne in 2018, declining by -X% against the previous year. Over the period under review, the export price indicated a mild expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, hand tools export price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2010 when the average export price increased by X% year-to-year. Over the period under review, the average export prices for hand tools reached their peak figure at $X per tonne in 2015; however, from 2016 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Guatemala ($X per tonne), while the average price for exports to the U.S. ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Honduras, while the prices for the other major destinations experienced more modest paces of growth.

Hand Tools Imports

Imports into Mexico

In 2018, approx. X tonnes of hand tools were imported into Mexico; rising by X% against the previous year. Over the period under review, the total imports indicated strong growth from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, hand tools imports increased by +X% against 2011 indices. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. Over the period under review, hand tools imports reached their peak figure in 2018 and are expected to retain its growth in the immediate term.

In value terms, hand tools imports stood at $X in 2018. Over the period under review, the total imports indicated a buoyant expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, hand tools imports increased by +X% against 2009 indices. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, hand tools imports attained their peak figure in 2018 and are likely to see steady growth in the near future.

Imports by Country

In 2018, China (X tonnes) constituted the largest supplier of hand tools to Mexico, with a X% share of total imports. Moreover, hand tools imports from China exceeded the figures recorded by the second-largest supplier, the U.S. (X tonnes), threefold. The third position in this ranking was occupied by Taiwan, Chinese (X tonnes), with a X% share.

From 2007 to 2018, the average annual growth rate of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and Taiwan, Chinese (-X% per year).

In value terms, the largest hand tools suppliers to Mexico were China ($X), the U.S. ($X) and Taiwan, Chinese ($X), with a combined X% share of total imports.

Among the main suppliers, China experienced the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average hand tools import price stood at $X per tonne in 2018, surging by X% against the previous year. Overall, the hand tools import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. In that year, the average import prices for hand tools reached their peak level of $X per tonne. From 2009 to 2018, the growth in terms of the average import prices for hand tools remained at a 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 ($X per tonne), while the price for Argentina ($X per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform

Product coverage:
• Prodcom 25731010 - Spades and shovels
• Prodcom 25731020 -
• Prodcom 25731030 - Mattocks, picks, hoes and rakes
• Prodcom 25731040 - Axes, bill hooks and similar hewing tools (excluding ice axes)
• Prodcom 25731050 - Secateurs and similar one-handed pruners and shears (including poultry shears) (excluding secateur type scissors with secateur blades with finger rings, pruning knives)
• Prodcom 25731060 - Hedge shears, two-handed pruning shears and similar twohanded shears
• Prodcom 25731070 -
• Prodcom 25732010 - Hand saws (excluding hand saws with a self-contained motor)
• Prodcom 25732020 - Band saw blades
• Prodcom 25732030 - Circular saw blades with steel working parts (including slotting or slitting saw blades)
• Prodcom 25732050 - Circular saw blades with non-steel working parts (including slitting or slotting saw blades, parts)
• Prodcom 25732093 - Straight saw blades for working metal
• Prodcom 25732095 -
• Prodcom 25732099 -
• Prodcom 25733013 - Files, rasps and similar tools (excluding punches and files for machine tools)
• Prodcom 25733015 -
• Prodcom 25733017 -
• Prodcom 25733023 - Metal cutting shears and similar hand tools
• Prodcom 25733025 - Pipe-cutters, bolt croppers, perforating punches and similar tools excluding punches and files for machine tools, machinetype metal cutting shears and office perforating punches, t icket punches
• Prodcom 25733033 - Non-adjustable hand-operated spanners and wrenches (including torque meter wrenches) (excluding tap wrenches)
• Prodcom 25733035 - Adjustable hand-operated spanners and wrenches (including torque meter wrenches) (excluding tap wrenches)
• Prodcom 25733037 - Interchangeable spanner sockets
• 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
• Prodcom 25733055 - Hammers and sledge hammers with working part of metal
• Prodcom 25733057 - Planes, chisels, gouges and similar cutting tools for working wood
• Prodcom 25733063 - Screwdrivers
• Prodcom 25733065 - Household hand tools
• Prodcom 25733073 - Other tools for masons, moulders, cement workers, plasterers and painters
• Prodcom 25733077 - Other hand tools (including cartridge operated riveting) w allplugging and similar hand tools
• Prodcom 25733083 - Blow lamps (excluding gas-operated welding appliances)
• Prodcom 25733085 - Vices, clamps and the like
• Prodcom 25733087 - Anvils, portable forges, hand or pedal-operated grinding wheels with frameworks (excluding grindstones and the like presented separately)

This report provides an in-depth analysis of the hand tools market in Mexico. 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.


Country coverage:
• Mexico

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Mexico
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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