Austria - Hand Tools - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Austria - Hand Tools - Market Analysis, Forecast, Size, Trends And Insights

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Hand Tools Price in Austria - 2023

Contents:

  1. Hand Tools Price in Austria (CIF) - 2022
  2. Hand Tools Price in Austria (FOB) - 2023
  3. Hand Tools Imports in Austria
  4. Hand Tools Exports in Austria

Hand Tools Price in Austria (CIF) - 2022

In 2022, the average hand tools import price amounted to $15,207 per ton, surging by 4.1% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 7.6%. Over the period under review, average import prices attained the maximum at $15,319 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($21,510 per ton), while the price for India ($4,869 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Hand Tools Price in Austria (FOB) - 2023

In June 2023, the average hand tools export price amounted to $25,102 per ton, falling by -15.5% against the previous month. Over the period under review, export price indicated pronounced growth from June 2022 to June 2023: its price increased at an average monthly rate of +3.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, hand tools export price decreased by -15.5% against May 2023 indices. The pace of growth was the most pronounced in April 2023 an increase of 30% m-o-m. The export price peaked at $29,723 per ton in May 2023, and then dropped significantly in the following month.

There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was France ($48,034 per ton), while the average price for exports to Greece ($8,116 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.

Hand Tools Imports in Austria

In 2022, hand tools imports into Austria shrank to 28K tons, dropping by -4.4% on the year before. The total import volume increased at an average annual rate of +1.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 18%. As a result, imports attained the peak of 29K tons, and then contracted in the following year.

In value terms, hand tools imports shrank slightly to $422M in 2022. The total import value increased at an average annual rate of +5.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 18% against the previous year. As a result, imports reached the peak of $424M, leveling off in the following year.

Import of Hand Tools in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany16621024322310.3%
China64.341.150.974.45.0%
Poland11.716.318.816.411.9%
Italy10.97.910.410.3-1.9%
Netherlands2.85.16.39.148.1%
Taiwan (Chinese)23.811.59.99.0-27.7%
Czech Republic12.97.37.66.7-19.6%
India2.11.43.03.012.6%
Vietnam4.43.74.33.0-12.0%
Turkey2.41.62.62.74.0%
Others58.754.967.764.83.4%
Total3603614244225.4%

Top Suppliers of Hand Tools to Austria in 2022:

  1. Germany (11.0K tons)
  2. China (10.4K tons)
  3. Poland (0.8K tons)
  4. Taiwan (Chinese) (0.7K tons)
  5. Netherlands (0.6K tons)
  6. Italy (0.6K tons)
  7. India (0.6K tons)
  8. Vietnam (0.5K tons)
  9. Turkey (0.4K tons)
  10. Czech Republic (0.3K tons)

Hand Tools Exports in Austria

In 2022, the amount of hand tools exported from Austria reduced to 17K tons, which is down by -9.6% compared with 2021. The total export volume increased at an average annual rate of +5.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 34% against the previous year. As a result, the exports reached the peak of 19K tons, and then fell in the following year.

In value terms, hand tools exports contracted modestly to $331M in 2022. The total export value increased at an average annual rate of +9.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 31% against the previous year. As a result, the exports attained the peak of $339M, and then dropped slightly in the following year.

Export of Hand Tools in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany69.978.497.395.611.0%
United States22.822.328.628.47.6%
Poland10.511.915.016.616.5%
Hungary16.815.015.316.4-0.8%
Italy12.712.816.415.77.3%
Czech Republic9.910.412.714.313.0%
France11.111.815.414.38.8%
Romania9.78.610.211.97.1%
Slovakia6.26.07.58.410.7%
Slovenia6.25.46.46.93.6%
Bulgaria3.63.44.05.213.0%
Croatia4.23.94.54.95.3%
Greece3.02.53.23.77.2%
Others65.766.510288.510.4%
Total2522593393319.5%

Top Export Markets for Hand Tools from Austria in 2022:

  1. Germany (3.7K tons)
  2. Hungary (1.6K tons)
  3. Romania (1.2K tons)
  4. Poland (1.2K tons)
  5. Italy (1.1K tons)
  6. Czech Republic (1.1K tons)
  7. United States (0.7K tons)
  8. Slovakia (0.7K tons)
  9. Slovenia (0.5K tons)
  10. Greece (0.5K tons)
  11. Bulgaria (0.5K tons)
  12. France (0.4K tons)
  13. Croatia (0.4K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the hand tools market in Austria. 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 25731010 - Spades and shovels
  • Prodcom 25731020 -
  • Prodcom 25731030 - Mattocks, picks, hoes and rakes
  • Prodcom 25731040 - Axes, bill hooks and similar hewing tools (excluding ice axes)
  • Prodcom 25731050 - Secateurs and similar one-handed pruners and shears (including poultry shears) (excluding secateur type scissors with secateur blades with finger rings, pruning knives)
  • Prodcom 25731060 - Hedge shears, two-handed pruning shears and similar twohanded shears
  • Prodcom 25731070 -
  • Prodcom 25732010 - Hand saws (excluding hand saws with a self-contained motor)
  • Prodcom 25732020 - Band saw blades
  • Prodcom 25732030 - Circular saw blades with steel working parts (including slotting or slitting saw blades)
  • Prodcom 25732050 - Circular saw blades with non-steel working parts (including slitting or slotting saw blades, parts)
  • Prodcom 25732093 - Straight saw blades for working metal
  • Prodcom 25732095 -
  • Prodcom 25732099 -
  • Prodcom 25733013 - Files, rasps and similar tools (excluding punches and files for machine tools)
  • Prodcom 25733015 -
  • Prodcom 25733017 -
  • Prodcom 25733023 - Metal cutting shears and similar hand tools
  • Prodcom 25733025 - Pipe-cutters, bolt croppers, perforating punches and similar tools excluding punches and files for machine tools, machinetype metal cutting shears and office perforating punches, t icket punches
  • Prodcom 25733033 - Non-adjustable hand-operated spanners and wrenches (including torque meter wrenches) (excluding tap wrenches)
  • Prodcom 25733035 - Adjustable hand-operated spanners and wrenches (including torque meter wrenches) (excluding tap wrenches)
  • Prodcom 25733037 - Interchangeable spanner sockets
  • Prodcom 25733053 - Drilling, threading or tapping hand tools excluding interchangeable hand tools, machine-tools or power-operated hand tools, pneumatic tools or hand tools with a selfcontained motor
  • Prodcom 25733055 - Hammers and sledge hammers with working part of metal
  • Prodcom 25733057 - Planes, chisels, gouges and similar cutting tools for working wood
  • Prodcom 25733063 - Screwdrivers
  • Prodcom 25733065 - Household hand tools
  • Prodcom 25733073 - Other tools for masons, moulders, cement workers, plasterers and painters
  • Prodcom 25733077 - Other hand tools (including cartridge operated riveting) w allplugging and similar hand tools
  • Prodcom 25733083 - Blow lamps (excluding gas-operated welding appliances)
  • Prodcom 25733085 - Vices, clamps and the like
  • Prodcom 25733087 - Anvils, portable forges, hand or pedal-operated grinding wheels with frameworks (excluding grindstones and the like presented separately)
  • Prodcom 25732097 - Saw blades with working part of base metal (excluding band saw blades, circular saw blades, musical saw blades)
  • Prodcom 25733016 - Pliers, including cutting pliers, pincers and tweezers for nonmedical use and similar hand tools, of base metal

Country coverage:

  • Austria

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Austria
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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