Austria - Household Hand Tools - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHousehold Hand Tools Price in Austria - 2023
Contents:
- Household Hand Tools Price in Austria (CIF) - 2023
- Household Hand Tools Price in Austria (FOB) - 2023
- Household Hand Tools Imports in Austria
- Household Hand Tools Exports in Austria
Household Hand Tools Price in Austria (CIF) - 2023
The average household hand tools import price stood at $13,325 per ton in June 2023, shrinking by -28.3% against the previous month. In general, the import price, however, posted tangible growth. The growth pace was the most rapid in December 2022 when the average import price increased by 85% month-to-month. As a result, import price reached the peak level of $32,230 per ton. From January 2023 to June 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Poland ($34,028 per ton), while the price for Slovakia ($7,479 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Household Hand Tools Price in Austria (FOB) - 2023
In June 2023, the average household hand tools export price amounted to $20,348 per ton, rising by 48% against the previous month. In general, export price indicated buoyant growth from June 2022 to June 2023: its price increased at an average monthly rate of +6.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, household hand tools export price increased by +62.8% against February 2023 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Germany ($47,996 per ton), while the average price for exports to the Netherlands ($9,514 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 Argentina (+125.8%), while the prices for the other major destinations experienced more modest paces of growth.
Household Hand Tools Imports in Austria
In 2022, approx. 1.5K tons of household hand tools were imported into Austria; which is down by -3.4% against the previous year's figure. Overall, imports continue to indicate a perceptible downturn. The pace of growth was the most pronounced in 2021 with an increase of 7.7% against the previous year.
In value terms, household hand tools imports expanded remarkably to $25M in 2022. The total import value increased at an average annual rate of +2.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 15%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.
Import of Household Hand Tools in Austria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 6.1 | 10.8 | 11.6 | 10.2 | 18.7% |
China | 10.9 | 3.6 | 4.8 | 7.9 | -10.2% |
Poland | 1.6 | 3.0 | 3.3 | 3.3 | 27.3% |
Italy | 0.7 | 0.4 | 0.9 | 0.9 | 8.7% |
Czech Republic | 1.3 | 0.9 | 0.8 | 0.7 | -18.6% |
Slovakia | 0.1 | 0.1 | 0.2 | 0.4 | 58.7% |
Others | 2.1 | 1.3 | 1.5 | 1.5 | -10.6% |
Total | 22.9 | 20.0 | 23.0 | 24.9 | 2.8% |
Top Suppliers of Household Hand Tools to Austria in 2022:
- China (669.8 tons)
- Germany (583.7 tons)
- Poland (78.9 tons)
- Slovakia (55.2 tons)
- Italy (39.8 tons)
- Czech Republic (17.8 tons)
Household Hand Tools Exports in Austria
For the fourth consecutive year, Austria recorded growth in shipments abroad of household hand tools, which increased by 37% to 613 tons in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +17.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.2% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, household hand tools exports surged to $8.6M in 2022. Overall, exports saw a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 40% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in years to come.
Export of Household Hand Tools in Austria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 914 | 1,209 | 1,692 | 1,391 | 15.0% |
Poland | 206 | 223 | 481 | 1,102 | 74.9% |
Romania | 355 | 317 | 468 | 890 | 35.8% |
Hungary | 544 | 368 | 445 | 840 | 15.6% |
Slovakia | 504 | 381 | 446 | 659 | 9.3% |
Czech Republic | 215 | 320 | 355 | 585 | 39.6% |
Italy | 433 | 416 | 424 | 517 | 6.1% |
Sweden | 80.3 | 16.7 | 399 | 421 | 73.7% |
Greece | 209 | 159 | 161 | 344 | 18.1% |
Bulgaria | 134 | 89.7 | 134 | 282 | 28.1% |
Croatia | 159 | 103 | 121 | 281 | 20.9% |
Switzerland | 189 | 213 | 267 | 256 | 10.6% |
Slovenia | 239 | 160 | 145 | 231 | -1.1% |
Others | 533 | 471 | 687 | 814 | 15.2% |
Total | 4,714 | 4,447 | 6,225 | 8,613 | 22.3% |
Top Export Markets for Household Hand Tools from Austria in 2022:
- Germany (90.0 tons)
- Poland (81.3 tons)
- Hungary (70.7 tons)
- Romania (70.0 tons)
- Italy (46.5 tons)
- Slovakia (45.6 tons)
- Czech Republic (42.6 tons)
- Sweden (26.6 tons)
- Greece (25.4 tons)
- Bulgaria (23.6 tons)
- Slovenia (23.1 tons)
- Croatia (18.4 tons)
- Switzerland (15.3 tons)
This report provides an in-depth analysis of the household 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 25733065 - Household hand tools
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:
- 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
-
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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