Hand-Held Blow Pipe Market

The global hand-held blow pipe market is projected to experience a slight increase in performance over the period from 2022 to 2030, with forecasted growth in both volume and value. Consumption trend has shown some fluctuations, with consumption peaking in 2012 and then decreasing slightly in recent years. The market has seen an increase in both production and imports, with China leading the way in production and exports. Russia, the United States, and China are among the top consumers and producers of hand-held blow pipes. Import and export prices have also varied among different countries, with Mexico and Belarus showing significant growth in export prices. Overall, the hand-held blow pipe market is expected to continue growing in the immediate term.

Market Forecast

Driven by rising demand for hand-held blow pipe worldwide, the market is expected to start an upward consumption trend over the next eight-year period. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +0.8% for the period from 2022 to 2030, which is projected to bring the market volume to 41M units by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +2.8% for the period from 2022 to 2030, which is projected to bring the market value to $2.3B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Hand-Held Blow Pipes For Soldering, Brazing Or Welding

In 2022, approx. 38M units of hand-held blow pipes for soldering, brazing or welding were consumed worldwide; which is down by -3% against the previous year's figure. Over the period under review, consumption continues to indicate a mild slump. Over the period under review, global consumption reached the peak volume at 46M units in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

The global hand-held blow pipe market size fell to $1.8B in 2022, which is down by -4.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $2B. From 2018 to 2022, the growth of the global market remained at a lower figure.

Consumption By Country

The countries with the highest volumes of consumption in 2022 were the United States (6.2M units), Russia (4M units) and China (4M units), together comprising 37% of global consumption.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of +6.4%), while consumption for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($432M), Russia ($252M) and India ($155M) constituted the countries with the highest levels of market value in 2022, with a combined 45% share of the global market. Japan, China, the UK, Turkey, South Korea, Spain, Pakistan, Brazil, Mexico and Italy lagged somewhat behind, together accounting for a further 20%.

Spain, with a CAGR of +6.5%, saw the highest rates of growth with regard to market size among the main consuming countries over the period under review, while market for the other global leaders experienced more modest paces of growth.

The countries with the highest levels of hand-held blow pipe per capita consumption in 2022 were Russia (28 units per 1000 persons), the United States (18 units per 1000 persons) and Italy (16 units per 1000 persons).

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of +6.4%), while consumption for the other global leaders experienced mixed trends in the per capita consumption figures.

Production

World Production of Hand-Held Blow Pipes For Soldering, Brazing Or Welding

In 2022, global production of hand-held blow pipes for soldering, brazing or welding expanded to 43M units, with an increase of 2.4% against the previous year. Overall, production, however, showed a slight reduction. The most prominent rate of growth was recorded in 2020 with an increase of 13%. Global production peaked at 51M units in 2012; however, from 2013 to 2022, production remained at a lower figure.

In value terms, hand-held blow pipe production rose modestly to $1.7B in 2022 estimated in export price. Over the period under review, production, however, showed a noticeable curtailment. The pace of growth was the most pronounced in 2017 with an increase of 25%. Global production peaked at $2.1B in 2012; however, from 2013 to 2022, production failed to regain momentum.

Production By Country

China (18M units) remains the largest hand-held blow pipe producing country worldwide, accounting for 43% of total volume. Moreover, hand-held blow pipe production in China exceeded the figures recorded by the second-largest producer, the United States (5M units), fourfold. India (3.3M units) ranked third in terms of total production with a 7.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in China stood at +4.2%. The remaining producing countries recorded the following average annual rates of production growth: the United States (+3.3% per year) and India (-1.5% per year).

Imports

World Imports of Hand-Held Blow Pipes For Soldering, Brazing Or Welding

In 2022, purchases abroad of hand-held blow pipes for soldering, brazing or welding decreased by -8.6% to 13M units for the first time since 2016, thus ending a five-year rising trend. Over the period under review, imports, however, continue to indicate strong growth. The growth pace was the most rapid in 2021 with an increase of 51% against the previous year. As a result, imports attained the peak of 14M units, and then contracted in the following year.

In value terms, hand-held blow pipe imports declined markedly to $174M in 2022. The total import value increased at an average annual rate of +2.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 15%. As a result, imports attained the peak of $206M, and then reduced rapidly in the following year.

Imports By Country

Russia represented the largest importing country with an import of around 4M units, which resulted at 30% of total imports. It was distantly followed by the United States (1.4M units), Brazil (1.2M units), Mexico (0.8M units) and Belarus (0.7M units), together committing a 32% share of total imports. Greece (529K units), Germany (305K units), the United Arab Emirates (274K units), Canada (231K units), Chile (215K units), Argentina (211K units) and the UK (197K units) held a minor share of total imports.

Imports into Russia increased at an average annual rate of +24.4% from 2012 to 2022. At the same time, Greece (+69.8%), Belarus (+40.0%), Brazil (+18.1%), Canada (+17.4%), Argentina (+15.7%), the United Arab Emirates (+11.1%), Mexico (+9.9%) and the United States (+9.6%) displayed positive paces of growth. Moreover, Greece emerged as the fastest-growing importer imported in the world, with a CAGR of +69.8% from 2012-2022. Germany experienced a relatively flat trend pattern. By contrast, Chile (-1.9%) and the UK (-3.0%) illustrated a downward trend over the same period. Russia (+21 p.p.), Belarus (+5.1 p.p.), Brazil (+4.3 p.p.) and Greece (+4 p.p.) significantly strengthened its position in terms of the global imports, while the United States, Chile, the UK and Germany saw its share reduced by -1.7%, -4.1%, -4.4% and -5% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($51M) constitutes the largest market for imported hand-held blow pipes for soldering, brazing or welding worldwide, comprising 29% of global imports. The second position in the ranking was held by Germany ($10M), with a 5.9% share of global imports. It was followed by Russia, with a 5.7% share.

From 2012 to 2022, the average annual growth rate of value in the United States stood at +5.7%. In the other countries, the average annual rates were as follows: Germany (-1.7% per year) and Russia (+3.7% per year).

Import Prices By Country

In 2022, the average hand-held blow pipe import price amounted to $13 per unit, falling by -7.8% against the previous year. Overall, the import price saw a abrupt decrease. The pace of growth was the most pronounced in 2015 when the average import price increased by 37% against the previous year. Over the period under review, average import prices hit record highs at $30 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($36 per unit), while Belarus ($0.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+3.4%), while the other global leaders experienced a decline in the import price figures.

Exports

World Exports of Hand-Held Blow Pipes For Soldering, Brazing Or Welding

In 2022, shipments abroad of hand-held blow pipes for soldering, brazing or welding increased by 5.9% to 18M units, rising for the fifth consecutive year after three years of decline. Over the period under review, exports showed a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of 254% against the previous year. The global exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, hand-held blow pipe exports rose rapidly to $219M in 2022. In general, total exports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +23.2% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of 24%. Over the period under review, the global exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports By Country

China dominates exports structure, finishing at 14M units, which was approx. 82% of total exports in 2022. The following exporters - Belarus (675K units), Taiwan (Chinese) (442K units) and Mexico (408K units) - together made up 8.7% of total exports.

From 2012 to 2022, average annual rates of growth with regard to hand-held blow pipe exports from China stood at +15.4%. At the same time, Belarus (+155.9%), Taiwan (Chinese) (+36.3%) and Mexico (+3.0%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in the world, with a CAGR of +155.9% from 2012-2022. From 2012 to 2022, the share of China, Belarus and Taiwan (Chinese) increased by +46, +3.8 and +2.3 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($79M) remains the largest hand-held blow pipe supplier worldwide, comprising 36% of global exports. The second position in the ranking was taken by Mexico ($29M), with a 13% share of global exports. It was followed by Taiwan (Chinese), with a 7.9% share.

From 2012 to 2022, the average annual growth rate of value in China totaled +11.9%. The remaining exporting countries recorded the following average annual rates of exports growth: Mexico (+7.6% per year) and Taiwan (Chinese) (+48.7% per year).

Export Prices By Country

In 2022, the average hand-held blow pipe export price amounted to $12 per unit, leveling off at the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 143%. As a result, the export price attained the peak level of $63 per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

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 Mexico ($72 per unit), while Belarus ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+9.1%), while the other global leaders experienced mixed trends in the export price figures.

Source: IndexBox Market Intelligence Platform