Switzerland: Hand Tools Market Overview 2020

Hand Tools Market Size in Switzerland

The revenue of the hand tools market in Switzerland amounted to $X in 2018, going down by -X% against the previous year. Over the period under review, hand tools consumption, however, continues to indicate an abrupt drop. The most prominent rate of growth was recorded in 2015 when the market value increased by X% against the previous year. Hand tools consumption peaked at $X in 2007; however, from 2008 to 2018, consumption remained at a lower figure.

Hand Tools Production in Switzerland

In value terms, hand tools production stood at $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 2013 with an increase of X% against the previous year. Hand tools production peaked at $X in 2008; however, from 2009 to 2018, production remained at a lower figure.

Hand Tools Exports

Exports from Switzerland

Hand tools exports from Switzerland amounted to X tonnes in 2018, shrinking by -X% against the previous year. Overall, the total exports indicated a conspicuous increase 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. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, hand tools exports attained their maximum at X tonnes in 2014; however, from 2015 to 2018, exports failed to regain their momentum.

In value terms, hand tools exports totaled $X in 2018. The total export value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, hand tools exports reached their peak figure at $X in 2014; however, from 2015 to 2018, exports stood at a somewhat lower figure.

Exports by Country

The U.S. (X tonnes), Germany (X tonnes) and Singapore (X tonnes) were the main destinations of hand tools exports from Switzerland, together accounting for X% of total exports.

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

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

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

Export Prices by Country

The average hand tools export price stood at $X per tonne in 2018, growing by X% against the previous year. In general, the hand tools export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 an increase of X% against the previous year. The export price peaked at $X per tonne in 2008; however, from 2009 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was France ($X per tonne), while the average price for exports to Chile ($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 China, while the prices for the other major destinations experienced mixed trend patterns.

Hand Tools Imports

Imports into Switzerland

In 2018, the imports of hand tools into Switzerland stood at X tonnes, approximately mirroring the previous year. Overall, hand tools imports continue to indicate a slight descent. The growth pace was the most rapid in 2011 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, hand tools imports totaled $X in 2018. Overall, hand tools imports continue to indicate a measured deduction. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. Imports peaked at $X in 2008; however, from 2009 to 2018, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tonnes), China (X tonnes) and Austria (X tonnes) were the main suppliers of hand tools imports to Switzerland, together comprising X% of total imports. Italy, France, Taiwan, Chinese, Turkey, the U.S., the Netherlands and the UK 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 Turkey, while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of hand tools to Switzerland, comprising X% of total hand tools imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by Austria, with a X% share.

From 2007 to 2018, the average annual growth rate of value from Germany stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Austria (-X% per year).

Import Prices by Country

In 2018, the average hand tools import price amounted to $X per tonne, lowering by -X% against the previous year. Overall, the hand tools import price continues to indicate a slight drop. The pace of growth appeared the most rapid in 2008 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 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 the U.S. ($X per tonne), while the price for Turkey ($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 U.S., while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform