China - Tools For Working In The Hand, Pneumatic, Hydraulic Or With Self-Contained Non-Electric Motor - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Pneumatic or Hydraulic Hand Tool in China - 2023
Contents:
- Price for Pneumatic or Hydraulic Hand Tool in China (FOB) - 2023
- Price for Pneumatic or Hydraulic Hand Tool in China (CIF) - 2023
- Exports of Pneumatic or Hydraulic Hand Tool in China
- Imports of Pneumatic or Hydraulic Hand Tool in China
Price for Pneumatic or Hydraulic Hand Tool in China (FOB) - 2023
In June 2023, the average export price for pneumatic or hydraulic hand tools amounted to $36.4 per unit, shrinking by -8.9% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 27% m-o-m. As a result, the export price reached the peak level of $47.8 per unit. From March 2023 to June 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was Germany ($58.2 per unit), while the average price for exports to Mexico ($26.1 per unit) was amongst the lowest.
From September 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Pneumatic or Hydraulic Hand Tool in China (CIF) - 2023
The average import price for pneumatic or hydraulic hand tools stood at $152 per unit in June 2023, with an increase of 42% against the previous month. In general, import price indicated a tangible increase from September 2022 to June 2023: its price increased at an average monthly rate of +4.5% over the last nine months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, pneumatic or hydraulic hand tool import price increased by +42.4% against May 2023 indices. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 54% m-o-m. Over the period under review, average import prices hit record highs at $204 per unit in January 2023; however, from February 2023 to June 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Italy ($1,056 per unit), while the price for Vietnam ($50.4 per unit) was amongst the lowest.
From September 2022 to June 2023, the most notable rate of growth in terms of prices was attained by South Korea (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Pneumatic or Hydraulic Hand Tool in China
After three years of growth, overseas shipments of pneumatic or hydraulic hand tools decreased by -14.1% to 41M units in 2022. The total export volume increased at an average annual rate of +5.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 31% against the previous year. As a result, the exports attained the peak of 48M units, and then fell in the following year.
In value terms, pneumatic or hydraulic hand tool exports reduced notably to $1.7B in 2022. The total export value increased at an average annual rate of +5.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 33%. As a result, the exports attained the peak of $2B, and then fell notably in the following year.
| Export of Pneumatic or Hydraulic Hand Tool in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 273 | 217 | 245 | 211 | -8.2% |
| Russia | 123 | 132 | 179 | 130 | 1.9% |
| Germany | 77.4 | 72.6 | 92.9 | 75.1 | -1.0% |
| Brazil | 49.2 | 58.0 | 70.2 | 71.3 | 13.2% |
| Thailand | 43.7 | 57.9 | 80.0 | 70.2 | 17.1% |
| Poland | 38.2 | 51.6 | 71.4 | 63.7 | 18.6% |
| Mexico | 36.6 | 42.9 | 66.0 | 62.8 | 19.7% |
| India | 39.6 | 45.5 | 54.3 | 57.7 | 13.4% |
| Vietnam | 41.4 | 40.3 | 57.8 | 52.5 | 8.2% |
| Indonesia | 29.0 | 27.9 | 45.6 | 46.8 | 17.3% |
| Argentina | 13.3 | 21.5 | 31.8 | 39.4 | 43.6% |
| Spain | 25.5 | 27.7 | 45.1 | 34.9 | 11.0% |
| Philippines | 11.3 | 12.4 | 21.4 | 20.8 | 22.6% |
| Others | 656 | 708 | 957 | 767 | 5.3% |
| Total | 1,457 | 1,514 | 2,017 | 1,704 | 5.4% |
Top Export Markets for Pneumatic or Hydraulic Hand Tool from China in 2022:
- United States (5.9M units)
- Russia (3.6M units)
- India (2.0M units)
- Thailand (1.9M units)
- Mexico (1.6M units)
- Vietnam (1.6M units)
- Brazil (1.4M units)
- Indonesia (1.3M units)
- Germany (1.2M units)
- Poland (1.1M units)
- Philippines (1.0M units)
- Spain (1.0M units)
- Argentina (0.8M units)
Imports of Pneumatic or Hydraulic Hand Tool in China
In 2022, approx. 1.2M units of pneumatic or hydraulic hand tools were imported into China; growing by 1.6% compared with the previous year. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +16.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 47% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, pneumatic or hydraulic hand tool imports contracted modestly to $155M in 2022. The total import value increased at an average annual rate of +2.7% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 19% against the previous year. As a result, imports attained the peak of $157M, leveling off in the following year.
| Import of Pneumatic or Hydraulic Hand Tool in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 26.9 | 29.8 | 32.6 | 30.4 | 4.2% |
| Taiwan (Chinese) | 20.4 | 18.5 | 27.1 | 25.7 | 8.0% |
| Germany | 19.4 | 20.5 | 24.6 | 22.8 | 5.5% |
| Sweden | 18.3 | 15.5 | 19.1 | 19.5 | 2.1% |
| Japan | 20.8 | 18.7 | 18.6 | 15.1 | -10.1% |
| Brazil | 5.3 | 3.6 | 5.5 | 9.2 | 20.2% |
| Vietnam | 0.7 | 1.0 | 1.5 | 6.9 | 114.4% |
| Indonesia | N/A | N/A | 1.8 | 1.7 | -5.6% |
| Others | 31.6 | 24.0 | 26.3 | 24.1 | -8.6% |
| Total | 143 | 131 | 157 | 155 | 2.7% |
Top Suppliers of Pneumatic or Hydraulic Hand Tool to China in 2022:
- Taiwan (Chinese) (669.2K units)
- Vietnam (154.7K units)
- Japan (87.8K units)
- Sweden (75.2K units)
- United States (63.1K units)
- Indonesia (52.2K units)
- Germany (48.7K units)
- Brazil (34.7K units)
This report provides an in-depth analysis of the market for pneumatic or hydraulic hand tool in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28241240 - Tools for working in the hand, pneumatic, including combined rotary-percussion
- Prodcom 28241260 - Chainsaws with a self-contained non-electric motor
- Prodcom 28241280 - Handtools, hydraulic or with a self-contained non-electric motor (excluding chainsaws)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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