Sweden: Hand Tools Market Overview 2020

Hand Tools Market Size in Sweden

The revenue of the hand tools market in Sweden amounted to $X in 2018, falling by -X% against the previous year. Overall, hand tools consumption, however, continues to indicate a buoyant increase. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Hand tools consumption peaked at $X in 2014; however, from 2015 to 2018, consumption failed to regain its momentum.

Hand Tools Production in Sweden

In value terms, hand tools production amounted to $X in 2018 estimated in export prices. Over the period under review, hand tools production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when production volume increased by X% y-o-y. Hand tools production peaked at $X in 2011; however, from 2012 to 2018, production stood at a somewhat lower figure.

Hand Tools Exports

Exports from Sweden

In 2018, approx. X tonnes of hand tools were exported from Sweden; coming down by -X% against the previous year. In general, hand tools exports continue to indicate a noticeable setback. The pace of growth was the most pronounced in 2010 when exports increased by X% against the previous year. Over the period under review, hand tools exports reached their maximum at X tonnes in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, hand tools exports stood at $X in 2018. Over the period under review, hand tools exports continue to indicate a deep decline. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, hand tools exports attained their maximum at $X in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

Exports by Country

The Netherlands (X tonnes), Norway (X tonnes) and the U.S. (X tonnes) were the main destinations of hand tools exports from Sweden, with a combined X% share of total exports. These countries were followed by Denmark, Finland, Germany, France, Poland, Estonia, China, Belgium and the UK, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by China, while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hand tools exported from Sweden were the Netherlands ($X), Norway ($X) and Denmark ($X), together comprising X% of total exports. The U.S., Germany, Finland, France, Belgium, the UK, Poland, Estonia and China lagged somewhat behind, together comprising a further X recorded the highest rates of growth with regard to exports, among the main countries of destination over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average hand tools export price stood at $X per tonne in 2018, growing by X% against the previous year. Overall, the hand tools export price, however, continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2010 an increase of X% year-to-year. The export price peaked at $X per tonne in 2011; however, from 2012 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per tonne), while the average price for exports to Poland ($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 the UK, while the prices for the other major destinations experienced mixed trend patterns.

Hand Tools Imports

Imports into Sweden

In 2018, the amount of hand tools imported into Sweden stood at X tonnes, shrinking by -X% against the previous year. Overall, hand tools imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Over the period under review, hand tools imports reached their peak figure at X tonnes in 2014; however, from 2015 to 2018, imports remained at a lower figure.

In value terms, hand tools imports amounted to $X in 2018. Over the period under review, hand tools imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Imports peaked at $X in 2014; however, from 2015 to 2018, imports remained at a lower figure.

Imports by Country

China (X tonnes), Germany (X tonnes) and Taiwan, Chinese (X tonnes) were the main suppliers of hand tools imports to Sweden, together accounting for X% of total imports. The Netherlands, Denmark, Belgium, Spain, Norway, the U.S., India, Switzerland and Finland lagged somewhat behind, together accounting for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Belgium, while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Taiwan, Chinese ($X) and China ($X) were the largest hand tools suppliers to Sweden, together accounting for X% of total imports. These countries were followed by the Netherlands, Denmark, Belgium, the U.S., Norway, Spain, Switzerland, Finland and India, which together accounted for a further X the main suppliers, Belgium recorded the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average hand tools import price amounted to $X per tonne, therefore, remained relatively stable against the previous year. Over the period under review, the hand tools import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 an increase of X% against the previous year. In that year, the average import prices for hand tools attained their peak level of $X per tonne. From 2012 to 2018, the growth in terms of the average import prices for hand tools remained 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 Belgium ($X per tonne), while the price for India ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform