Price for Tools, Hand; Other than Household Tools in Vietnam - 2022
Contents:
- Price for Tools, Hand; Other than Household Tools in Vietnam (CIF) - 2022
- Price for Tools, Hand; Other than Household Tools in Vietnam (FOB) - 2022
- Imports of Tools, Hand; Other than Household Tools in Vietnam
- Exports of Tools, Hand; Other than Household Tools in Vietnam
Price for Tools, Hand; Other than Household Tools in Vietnam (CIF) - 2022
The average import price for tools, hand; other than household toolses stood at $7,273 per ton in 2022, growing by 4% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 5.9%. The import price peaked at $7,757 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Japan ($7,274 per ton) and the United States ($7,274 per ton), while the price for Taiwan (Chinese) ($7,273 per ton) and China ($7,274 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tools, Hand; Other than Household Tools in Vietnam (FOB) - 2022
The average export price for tools, hand; other than household toolses stood at $26,136 per ton in 2022, approximately reflecting the previous year. Overall, the export price saw a resilient expansion. The most prominent rate of growth was recorded in 2019 an increase of 37% against the previous year. As a result, the export price reached the peak level of $32,113 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were China ($33,453 per ton) and Germany ($30,552 per ton), while the average price for exports to the United States ($25,883 per ton) and Japan ($26,001 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tools, Hand; Other than Household Tools in Vietnam
In 2022, approx. 1.9K tons of tools, hand; other than household toolses were imported into Vietnam; declining by -10.3% compared with the year before. Overall, imports, however, recorded a strong increase. The pace of growth was the most pronounced in 2021 with an increase of 83% against the previous year. As a result, imports reached the peak of 2.1K tons, and then reduced in the following year.
In value terms, imports of tools, hand; other than household toolses dropped to $14M in 2022. In general, imports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 94% against the previous year. As a result, imports attained the peak of $15M, and then declined in the following year.
| Import of Tools, Hand; Other than Household Tools in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.6 | 4.0 | 10.2 | 8.6 | 33.7% |
| United States | 0.8 | 0.6 | 0.5 | 1.4 | 20.5% |
| Japan | 1.3 | 1.0 | 1.0 | 1.1 | -5.4% |
| Germany | 0.4 | 0.3 | 0.7 | 0.9 | 31.0% |
| South Korea | 0.6 | 0.5 | 0.7 | 0.6 | 0.0% |
| Taiwan (Chinese) | 0.5 | 0.6 | 0.4 | 0.4 | -7.2% |
| Others | 1.0 | 0.7 | 1.3 | 0.8 | -7.2% |
| Total | 8.2 | 7.7 | 14.8 | 13.8 | 18.9% |
Top Suppliers of Tools, Hand; Other than Household Tools to Vietnam in 2022:
- China (1185.2 tons)
- United States (197.4 tons)
- Japan (157.0 tons)
- Germany (122.9 tons)
- South Korea (78.1 tons)
- Taiwan (Chinese) (53.1 tons)
Exports of Tools, Hand; Other than Household Tools in Vietnam
In 2022, the amount of tools, hand; other than household toolses exported from Vietnam soared to 474 tons, picking up by 23% on the previous year. In general, exports showed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 201%. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of tools, hand; other than household toolses soared to $12M in 2022. Overall, exports continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 108% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.
| Export of Tools, Hand; Other than Household Tools in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.3 | 3.8 | 7.3 | 10.3 | 99.4% |
| Japan | 2.5 | 2.6 | 0.8 | 0.7 | -34.6% |
| Germany | 0.2 | 0.2 | 0.7 | 0.6 | 44.2% |
| China | 0.1 | N/A | 0.2 | 0.3 | 44.2% |
| Slovenia | N/A | 1.2 | 0.1 | N/A | -91.7% |
| Others | 1.0 | 2.7 | 0.8 | 0.4 | -26.3% |
| Total | 5.0 | 10.4 | 10.0 | 12.4 | 35.4% |
Top Export Markets for Tools, Hand; Other than Household Tools from Vietnam in 2022:
- United States (399.2 tons)
- Japan (28.0 tons)
- Germany (19.6 tons)
- China (8.9 tons)
363
This report provides an in-depth analysis of the blow lamp market in Vietnam.
362
This report provides an in-depth analysis of the market for hand-operated drilling, threading or tapping tool in Vietnam.
376
This report provides an in-depth analysis of the metal hammer market in Vietnam.
411
This report provides an in-depth analysis of the household hand tools market in Vietnam.
346
This report provides an in-depth analysis of the gouges and chisels market in Vietnam.
343
This report provides an in-depth analysis of the screwdriver market in Vietnam.
308
This report provides an in-depth analysis of the vices and clamps market in Vietnam.
1655
This report provides an in-depth analysis of the hand tools market in Vietnam.
455
This report provides an in-depth analysis of the market for stamp and photo collection album in Vietnam.
522
This report provides an in-depth analysis of the diaries market in Vietnam.
63
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.
532
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.
1107
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.
2740
In 2016, the global hand tools market amounted to $X in wholesale prices. This figure reflects the total revenue of producers and importers.
757
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...
721
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...
709
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...
737
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...
718
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...
754
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...
