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China - Tools, hand; sets, of articles of two or more of the foregoing items - Market Analysis, Forecast, Size, Trends and Insights
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View PricingChina: Market for Tools, hand; sets, of articles of two or more of the foregoing items 2024
Market Size for Tools, hand; sets, of articles of two or more of the foregoing items in China
The Chinese market for tools, hand; sets, of articles of two or more of the foregoing itemses contracted modestly to $X,937,061.0B in 2023, waning by X% against the previous year. In general, consumption, however, saw a prominent increase. Consumption of peaked at $X,336,006.0B in 2022, and then declined slightly in the following year.
Production of Tools, hand; sets, of articles of two or more of the foregoing items in China
In value terms, production of tools, hand; sets, of articles of two or more of the foregoing itemses fell slightly to $X,386,747.0B in 2023 estimated in export price. In general, production, however, showed buoyant growth. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, production of tools, hand; sets, of articles of two or more of foregoing itemses reached the peak level at $X,322,308.0B in 2022, and then reduced in the following year.
Exports of Tools, hand; sets, of articles of two or more of the foregoing items
Exports from China
In 2023, overseas shipments of tools, hand; sets, of articles of two or more of the foregoing itemses decreased by X% to X tons for the first time since 2019, thus ending a three-year rising trend. Over the period under review, exports, however, saw pronounced growth. The pace of growth was the most pronounced in 2022 with an increase of X%. As a result, the exports reached the peak of X tons, and then contracted sharply in the following year.
In value terms, exports of tools, hand; sets, of articles of two or more of the foregoing itemses contracted notably to $X in 2023. In general, exports, however, continue to indicate buoyant growth. The pace of growth was the most pronounced in 2022 with an increase of X%. As a result, the exports attained the peak of $X, and then dropped significantly in the following year.
Exports by Country
The Philippines (X tons), Malaysia (X tons) and Kazakhstan (X tons) were the main destinations of exports of tools, hand; sets, of articles of two or more of the foregoing itemses from China, with a combined X% share of total exports.
From 2012 to 2023, the biggest increases were recorded for the Philippines (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the UK ($X), Germany ($X) and Malaysia ($X) constituted the largest markets for tools, hand; sets, of articles of two or more of the foregoing items exported from China worldwide, with a combined X% share of total exports. Kazakhstan, the Philippines, the United States, the Netherlands, Australia, Italy, Poland, Canada, Brazil and Nigeria lagged somewhat behind, together accounting for a further X%.
The Philippines, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average export price for tools, hand; sets, of articles of two or more of the foregoing itemses stood at $X per ton in 2023, approximately mirroring the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2023, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to the Philippines ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tools, hand; sets, of articles of two or more of the foregoing items
Imports into China
In 2023, overseas purchases of tools, hand; sets, of articles of two or more of the foregoing itemses were finally on the rise to reach X tons after two years of decline. Overall, imports, however, showed a deep contraction. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Over the period under review, imports of tools, hand; sets, of articles of two or more of foregoing itemses hit record highs at X tons in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.
In value terms, imports of tools, hand; sets, of articles of two or more of the foregoing itemses expanded slightly to $X in 2023. Over the period under review, imports, however, saw a abrupt decrease. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2023, imports failed to regain momentum.
Imports by Country
Taiwan (Chinese) (X tons), Japan (X tons) and Germany (X tons) were the main suppliers of imports of tools, hand; sets, of articles of two or more of the foregoing itemses to China, with a combined X% share of total imports. South Korea, the United States, India, France, Denmark, Switzerland, Thailand, the Netherlands and Singapore lagged somewhat behind, together accounting for a further X%.
From 2012 to 2023, the biggest increases were recorded for Thailand (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the United States ($X), Germany ($X) and France ($X) appeared to be the largest tools, hand; sets, of articles of two or more of the foregoing items suppliers to China, with a combined X% share of total imports. Japan, South Korea, Switzerland, Taiwan (Chinese), India, Singapore, Denmark, the Netherlands and Thailand lagged somewhat behind, together accounting for a further X%.
In terms of the main suppliers, India, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average import price for tools, hand; sets, of articles of two or more of the foregoing itemses stood at $X per ton in 2023, waning by X% against the previous year. In general, the import price, however, showed resilient growth. The pace of growth was the most pronounced in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2022, and then shrank in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Singapore ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for tools, hand; sets, of articles of two or more of the foregoing items in China. 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 25733087 - Anvils, portable forges, hand or pedal-operated grinding wheels with frameworks (excluding grindstones and the like presented separately)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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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