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U.S. Saw Blade And Handtool Market. Analysis And Forecast to 2030
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View PricingPrice for Saw Blade and Handtool in the United States - 2023
Contents:
- Price for Saw Blade and Handtool in the United States (CIF) - 2023
- Price for Saw Blade and Handtool in the United States (FOB) - 2023
- Imports of Saw Blade and Handtool in the United States
- Exports of Saw Blade and Handtool in the United States
Price for Saw Blade and Handtool in the United States (CIF) - 2023
In August 2023, the average saw blade and handtool import price amounted to $1.9 per unit, picking up by 3.2% against the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 when the average import price increased by 34% against the previous month. Over the period under review, average import prices hit record highs at $2.0 per unit in February 2023; however, from March 2023 to August 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($9.1 per unit), while the price for China ($1.0 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Thailand (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Saw Blade and Handtool in the United States (FOB) - 2023
In August 2023, the average saw blade and handtool export price amounted to $5.8 per unit, falling by -14.1% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in April 2023 when the average export price increased by 48% against the previous month. As a result, the export price reached the peak level of $7.5 per unit. From May 2023 to August 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was Canada ($40.1 per unit), while the average price for exports to China ($884 per thousand units) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+5.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Saw Blade and Handtool in the United States
In 2022, overseas purchases of saw blades and handtools decreased by -3.8% to 3.3B units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +3.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 9.7% against the previous year. As a result, imports attained the peak of 3.4B units, and then reduced slightly in the following year.
In value terms, saw blade and handtool imports expanded notably to $5.8B in 2022. The total import value increased at an average annual rate of +8.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 24%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Saw Blade and Handtool in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,837 | 1,627 | 1,828 | 1,781 | -1.0% |
Taiwan (Chinese) | 722 | 817 | 1,038 | 1,174 | 17.6% |
Germany | 298 | 257 | 316 | 363 | 6.8% |
Vietnam | 51.6 | 138 | 290 | 344 | 88.2% |
Switzerland | 173 | 210 | 216 | 223 | 8.8% |
India | 98.7 | 97.5 | 163 | 193 | 25.0% |
Thailand | 83.2 | 93.4 | 122 | 155 | 23.0% |
Canada | 134 | 128 | 147 | 148 | 3.4% |
Others | 1,086 | 1,055 | 1,346 | 1,411 | 9.1% |
Total | 4,483 | 4,424 | 5,465 | 5,791 | 8.9% |
Top Suppliers of Saw Blade and Handtool to the United States in 2022:
- China (1618.7M units)
- Taiwan (Chinese) (774.6M units)
- Vietnam (174.1M units)
- Thailand (130.3M units)
- Switzerland (126.8M units)
- India (90.7M units)
- Germany (52.0M units)
- Canada (49.9M units)
Exports of Saw Blade and Handtool in the United States
In 2022, overseas shipments of saw blades and handtools decreased by -6.3% to 650M units, falling for the second consecutive year after two years of growth. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 2,220%. As a result, the exports reached the peak of 783M units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, saw blade and handtool exports rose sharply to $2.4B in 2022. The total export value increased at an average annual rate of +1.6% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of 16% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.
Export of Saw Blade and Handtool in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 670 | 648 | 765 | 841 | 7.9% |
Mexico | 314 | 251 | 304 | 334 | 2.1% |
Germany | 119 | 92.4 | 113 | 123 | 1.1% |
United Kingdom | 103 | 83.9 | 108 | 87.2 | -5.4% |
China | 106 | 87.9 | 85.2 | 76.0 | -10.5% |
Liechtenstein | 2.8 | 2.6 | 2.0 | 1.2 | -24.6% |
Others | 1,002 | 810 | 909 | 965 | -1.2% |
Total | 2,317 | 1,976 | 2,286 | 2,427 | 1.6% |
Top Export Markets for Saw Blade and Handtool from the United States in 2022:
- Mexico (259.1M units)
- Liechtenstein (206.8M units)
- China (23.7M units)
- Canada (20.6M units)
- Germany (13.8M units)
- United Kingdom (11.7M units)
This report provides an in-depth analysis of the market for saw blade and handtool in the U.S.. 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:
- NAICS 332216 - Saw blade and handtool manufacturing
Companies mentioned:
- Klein Tools
- Apex Tool Group
- The L S Starrett Company
- NDC Technologies
- Dmg Mori Usa, Channellock
- International Knife & Saw
- The M K Morse Company
- Irwin Industrial Tool Company
- Wright Tool Company
- Daniels Manufacturing Corporation
- Total Component Solutions Corporation
- Lisle Corporation
- Jore Corporation
- Creed-Monarch
- Mr. Longarm
- Seymour Midwest
- Estwing Manufacturing Company
- Wallboard Tool Co.
- Ziemann's Vision
- Energizer Personal Care
- Western Forge
- The Ames Companies
- Kingsley Tools
- Clopay Ames True Temper Holding Corporation
- Specialty Products of Greenwood
- Missouri
- Garden Pals
- Buffington & Associates
- Linamar Holding Nevada
- Idsc Holdings
- Bc Mountain Holdings
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
-
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
-
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
-
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
-
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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