United Kingdom: Overview of the Market for Pneumatic Or Hydraulic Hand Tools 2019

Market Size for Pneumatic Or Hydraulic Hand Tools in the UK

The revenue of the market for pneumatic or hydraulic hand tools in the UK amounted to $X in 2018, waning by -X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. In that year, the market for pneumatic or hydraulic hand tool reached its peak level of $X, and then declined slightly in the following year.

Production of Pneumatic Or Hydraulic Hand Tools in the UK

In value terms, production of pneumatic or hydraulic hand tools amounted to $X in 2018 estimated in export prices. Overall, production of pneumatic or hydraulic hand tools, however, continues to indicate an abrupt downturn. The growth pace was the most rapid in 2014 with an increase of X% y-o-y. Over the period under review, production of pneumatic or hydraulic hand tools attained its maximum level at $X in 2007; however, from 2008 to 2018, production stood at a somewhat lower figure.

Exports of Pneumatic Or Hydraulic Hand Tools

Exports from the UK

In 2018, approx. X units of pneumatic or hydraulic hand tools were exported from the UK; surging by X% against the previous year. Over the period under review, exports of pneumatic or hydraulic hand tools, however, continue to indicate a deep decrease. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. In that year, exports of pneumatic or hydraulic hand tools reached their peak of X units. From 2011 to 2018, the growth of exports of pneumatic or hydraulic hand tools remained at a lower figure.

In value terms, exports of pneumatic or hydraulic hand tools stood at $X in 2018. Overall, exports of pneumatic or hydraulic hand tools, however, continue to indicate a deep contraction. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. Over the period under review, exports of pneumatic or hydraulic hand tools reached their peak figure at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

The U.S. (X units), the Netherlands (X units) and China (X units) were the main destinations of exports of pneumatic or hydraulic hand tools from the UK, together accounting for X% of total exports. These countries were followed by Canada, Ireland, Australia, Belgium, Germany, France, Saudi Arabia, Italy and Japan, 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 Belgium, while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for pneumatic or hydraulic hand tool exported from the UK were the Netherlands ($X), Belgium ($X) and Ireland ($X), together accounting for X% of total exports. These countries were followed by France, the U.S., Germany, China, Canada, Australia, Japan, Italy and Saudi Arabia, which together accounted for a further X experienced the highest rates of growth with regard to exports, in terms of the main countries of destination over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average export price for pneumatic or hydraulic hand tools amounted to $X per unit, picking up by X% against the previous year. In general, the export price for pneumatic or hydraulic hand tools continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% y-o-y. The export price peaked in 2018 and is likely to see steady growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was France ($X per unit), while the average price for exports to Saudi Arabia ($X per unit) was amongst the lowest.

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

Imports of Pneumatic Or Hydraulic Hand Tools

Imports into the UK

Imports of pneumatic or hydraulic hand tools into the UK totaled X units in 2018, waning by -X% against the previous year. Overall, imports of pneumatic or hydraulic hand tools continue to indicate a drastic shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. Over the period under review, imports of pneumatic or hydraulic hand tools reached their peak figure at X units in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, imports of pneumatic or hydraulic hand tools totaled $X in 2018. In general, imports of pneumatic or hydraulic hand tools continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Imports peaked at $X in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, China (X units) constituted the largest supplier of pneumatic or hydraulic hand tool to the UK, with a X% share of total imports. Moreover, imports of pneumatic or hydraulic hand tools from China exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. France (X units) ranked third in terms of total imports 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: Germany (-X% per year) and France (+X% per year).

In value terms, Germany ($X), China ($X) and the U.S. ($X) appeared to be the largest pneumatic or hydraulic hand tool suppliers to the UK, together comprising X% of total imports. Belgium, Italy, Sweden, the Netherlands, France, Taiwan, Chinese and India lagged somewhat behind, together accounting for a further X the main suppliers, Sweden experienced 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 import price for pneumatic or hydraulic hand tools amounted to $X per unit, rising by X% against the previous year. Over the period under review, the import price for pneumatic or hydraulic hand tools continues to indicate a remarkable expansion. The pace of growth was the most pronounced in 2017 an increase of X% year-to-year. Over the period under review, the average import prices for pneumatic or hydraulic hand tools reached their maximum in 2018 and is likely to continue its growth in the immediate term.

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. ($X per unit), while the price for India ($X per unit) was amongst the lowest.

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

Source: IndexBox AI Platform