Global Metal Cutting Shear Market 2024

Metal Cutting Shear Market Size

In 2022, the global metal cutting shear market increased by X% to $X, rising for the second year in a row after two years of decline. Overall, consumption recorded a noticeable reduction. The growth pace was the most rapid in 2017 when the market value increased by X% against the previous year. Global consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Metal Cutting Shear Production

In value terms, metal cutting shear production fell to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a mild setback. The pace of growth appeared the most rapid in 2016 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, global production growth failed to regain momentum.

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Metal Cutting Shear Exports

Exports

In 2022, overseas shipments of metal cutting shears and similar hand tools increased by X% to X tons, rising for the sixth consecutive year after three years of decline. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X%. The global exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, metal cutting shear exports rose slightly to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the global exports reached the maximum in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

In 2022, China (X tons) represented the largest exporter of metal cutting shears and similar hand tools, committing X% of total exports. It was distantly followed by Taiwan (Chinese) (X tons), generating a X% share of total exports. Germany (X tons), Belgium (X tons), the United States (X tons), Japan (X tons), the United Arab Emirates (X tons), the Netherlands (X tons) and France (X tons) held a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to metal cutting shear exports from China stood at X%. At the same time, the United Arab Emirates (X%), the Netherlands (X%), France (X%), Germany (X%), Belgium (X%), Taiwan (Chinese) (X%) and Japan (X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. By contrast, the United States (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China and the United Arab Emirates increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Germany ($X) and Taiwan (Chinese) ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of global exports. The United States, Japan, Belgium, the Netherlands, France and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, the United Arab Emirates, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average metal cutting shear export price amounted to $X per ton, growing by X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X%. The global export price peaked at $X per ton in 2012; afterwards, it flattened through to 2022.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the other global leaders experienced more modest paces of growth.

Metal Cutting Shear Imports

Imports

In 2022, overseas purchases of metal cutting shears and similar hand tools increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Global imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, metal cutting shear imports stood at $X in 2022. Overall, imports, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Global imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United States represented the largest importer of metal cutting shears and similar hand tools in the world, with the volume of imports accounting for X tons, which was near X% of total imports in 2022. It was distantly followed by Germany (X tons), committing a X% share of total imports. The following importers - Russia (X tons), the United Arab Emirates (X tons), Canada (X tons), the Netherlands (X tons), Indonesia (X tons), Thailand (X tons), Poland (X tons), the UK (X tons), Belgium (X tons), Sweden (X tons) and China (X tons) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to metal cutting shear imports into the United States stood at X%. At the same time, China (X%), the United Arab Emirates (X%), the Netherlands (X%), Sweden (X%), Germany (X%), the UK (X%) and Russia (X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. Poland, Canada and Thailand experienced a relatively flat trend pattern. By contrast, Indonesia (X%) and Belgium (X%) illustrated a downward trend over the same period. While the share of the United States (X p.p.), Germany (X p.p.), the United Arab Emirates (X p.p.), the Netherlands (X p.p.), Russia (X p.p.), China (X p.p.) and Sweden (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported metal cutting shears and similar hand tools worldwide, comprising X% of global imports. The second position in the ranking was held by Germany ($X), with a X% share of global imports. It was followed by Canada, with a X% share.

From 2012 to 2022, the average annual growth rate of value in the United States amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (X% per year) and Canada (X% per year).

Import Prices by Country

The average metal cutting shear import price stood at $X per ton in 2022, growing by X% against the previous year. Overall, the import price, however, showed a mild reduction. The pace of growth appeared the most rapid in 2016 when the average import price increased by X%. Global import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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