Price for Tools, Hand; Other than Household Tools in Norway - 2024
Contents:
- Price for Tools, Hand; Other than Household Tools in Norway (CIF) - 2024
- Price for Tools, Hand; Other than Household Tools in Norway (FOB) - 2022
- Imports of Tools, Hand; Other than Household Tools in Norway
- Exports of Tools, Hand; Other than Household Tools in Norway
Price for Tools, Hand; Other than Household Tools in Norway (CIF) - 2024
The average import price for tools, hand; other than household toolses stood at $19,479 per ton in December 2023, shrinking by -6.8% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2023 when the average import price increased by 13% m-o-m. As a result, import price attained the peak level of $20,909 per ton, and then dropped in the following month.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was the United States ($67,006 per ton), while the price for Belgium ($5,601 per ton) was amongst the lowest.
From January 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Poland (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tools, Hand; Other than Household Tools in Norway (FOB) - 2022
In 2022, the average export price for tools, hand; other than household toolses amounted to $31,777 per ton, therefore, remained relatively stable against the previous year. In general, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for tools, hand; other than household toolses increased by +82.3% against 2016 indices. The most prominent rate of growth was recorded in 2021 an increase of 36% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($124,369 per ton), while the average price for exports to Iceland ($6,115 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+12.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tools, Hand; Other than Household Tools in Norway
In 2022, supplies from abroad of tools, hand; other than household toolses was finally on the rise to reach 1.8K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a mild reduction.
In value terms, imports of tools, hand; other than household toolses expanded to $32M in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern.
| Import of Tools, Hand; Other than Household Tools in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.2 | 3.2 | 3.9 | 4.6 | 12.9% |
| Sweden | 4.1 | 4.1 | 4.4 | 4.3 | 1.6% |
| Taiwan (Chinese) | 2.9 | 3.5 | 4.2 | 4.1 | 12.2% |
| Germany | 4.6 | 4.2 | 4.0 | 3.8 | -6.2% |
| United States | 3.0 | 2.8 | 2.5 | 2.9 | -1.1% |
| Denmark | 4.5 | 4.3 | 2.6 | 1.8 | -26.3% |
| United Kingdom | 1.9 | 1.7 | 1.9 | 1.7 | -3.6% |
| France | 0.9 | 0.8 | 0.8 | 1.0 | 3.6% |
| Netherlands | 0.9 | 0.7 | 0.4 | 0.9 | 0.0% |
| Italy | 0.9 | 0.8 | 0.8 | 0.9 | 0.0% |
| India | 0.4 | 0.5 | 0.7 | 0.7 | 20.5% |
| Poland | 0.3 | 0.3 | 0.4 | 0.6 | 26.0% |
| Latvia | 0.4 | 0.4 | 0.2 | 0.4 | 0.0% |
| Others | 4.9 | 5.0 | 4.5 | 4.7 | -1.4% |
| Total | 33.0 | 32.1 | 31.4 | 32.3 | -0.7% |
Top Suppliers of Tools, Hand; Other than Household Tools to Norway in 2022:
- China (406.4 tons)
- Sweden (337.1 tons)
- Taiwan (Chinese) (238.8 tons)
- Germany (147.6 tons)
- Denmark (117.7 tons)
- India (74.2 tons)
- Latvia (64.5 tons)
- France (59.3 tons)
- Netherlands (58.1 tons)
- United Kingdom (47.2 tons)
- United States (39.0 tons)
- Poland (33.7 tons)
- Italy (18.6 tons)
Exports of Tools, Hand; Other than Household Tools in Norway
Exports of tools, hand; other than household toolses from Norway declined significantly to 136 tons in 2022, falling by -29.9% compared with 2021 figures. In general, exports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2021 when exports increased by 28% against the previous year. As a result, the exports attained the peak of 194 tons, and then dropped significantly in the following year.
In value terms, exports of tools, hand; other than household toolses fell rapidly to $4.3M in 2022. Over the period under review, exports continue to indicate a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 74% against the previous year. As a result, the exports attained the peak of $6.1M, and then shrank dramatically in the following year.
| Export of Tools, Hand; Other than Household Tools in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 840 | 725 | 456 | 854 | 0.6% |
| United Kingdom | 525 | 202 | 202 | 730 | 11.6% |
| Sweden | 791 | 705 | 1,323 | 559 | -10.9% |
| Poland | 80.1 | 17.4 | 79.5 | 203 | 36.3% |
| Netherlands | 143 | 16.9 | 74.9 | 144 | 0.2% |
| France | 200 | 437 | 636 | 92.4 | -22.7% |
| United States | 420 | 234 | 322 | 76.6 | -43.3% |
| Finland | 69.5 | 103 | 85.3 | 75.5 | 2.8% |
| Italy | 12.6 | 39.9 | 52.9 | 53.0 | 61.4% |
| Spain | 346 | 167 | 183 | 52.9 | -46.5% |
| Iceland | 23.2 | 7.0 | 12.0 | 18.5 | -7.3% |
| Others | 1,596 | 850 | 2,657 | 1,457 | -3.0% |
| Total | 5,045 | 3,504 | 6,085 | 4,317 | -5.1% |
Top Export Markets for Tools, Hand; Other than Household Tools from Norway in 2022:
- Denmark (51.1 tons)
- Sweden (35.1 tons)
- Netherlands (6.7 tons)
- United Kingdom (5.9 tons)
- Poland (3.8 tons)
- Iceland (3.0 tons)
- Italy (2.8 tons)
- Finland (2.3 tons)
- Spain (1.6 tons)
- France (1.1 tons)
- United States (0.9 tons)
300
This report provides an in-depth analysis of the blow lamp market in Norway.
267
This report provides an in-depth analysis of the market for hand-operated drilling, threading or tapping tool in Norway.
265
This report provides an in-depth analysis of the metal hammer market in Norway.
298
This report provides an in-depth analysis of the household hand tools market in Norway.
327
This report provides an in-depth analysis of the gouges and chisels market in Norway.
284
This report provides an in-depth analysis of the screwdriver market in Norway.
282
This report provides an in-depth analysis of the vices and clamps market in Norway.
717
This report provides an in-depth analysis of the hand tools market in Norway.
379
This report provides an in-depth analysis of the market for stamp and photo collection album in Norway.
372
This report provides an in-depth analysis of the diary market in Norway.
53
The global screwdriver market is expected to see continuous growth over the next seven years, with an anticipated increase in both volume and value. By 2030, the market volume is projected to reach 199K tons, while the market value is expected to hit $2B.
505
Explore the top 10 countries with the highest import value for hand tools. Learn about the market statistics, key players, and trends in the industry. Find out how the IndexBox market intelligence platform can help you stay ahead in this competitive market.
1098
Hand tool manufacture is gradually seeing a recovery, following the decline in 2020. The market is forecast to accelerate, due to the increased need for DIY and repair work and construction growth in terms of private homes.
2717
In 2016, the global hand tools market amounted to $X in wholesale prices. This figure reflects the total revenue of producers and importers.
746
In value terms, hand-operated mechanical appliances imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicate...
712
In value terms, hand tools, two and more of heading imports amounted to $X in 2016. Overall, hand tools, two and more of heading imports continue to indicate a relatively flat trend pattern. Over t...
700
In value terms, files, rasps, pliers imports amounted to $X in 2016. Overall, files, rasps, pliers imports continue to indicate a relatively flat trend pattern. Global files, rasps, pliers import p...
727
In value terms, hand-operated mechanical appliances exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated s...
711
In value terms, hand tools, two and more of heading exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated som...
738
In value terms, files, rasps, pliers exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable f...
