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In October 2022, the cutting blade price amounted to $23.4 per kg (CIF, France), dropping by -2.5% against the previous month.
In September 2022, the paper knife price amounted to $225 per thousand units (FOB, China), reducing by -2.2% against the previous month.
In November 2022, the spades and shovels price stood at $5,126 per ton (CIF, US), which is down by -11.4% against the previous month.
In September 2022, the mould for glass price stood at $90.1 per unit (FOB, China), shrinking by -8.7% against the previous month.
In July 2022, the table flatware price stood at $9,255 per ton (CIF, Mexico), dropping by -12.9% against the previous month.
In October 2022, the metal cutting shear price amounted to $14.9 per kg (CIF, US), declining by -5.6% against the previous month.
In September 2022, the hedge shear price amounted to $8,090 per ton (CIF, Turkey), rising by 46% against the previous month.
In September 2022, the hand saw price amounted to $5,817 per ton, therefore (FOB, China), remained relatively stable against the previous month.
As the pandemic wanes and the economy recovers from the Covid-crisis, the construction activity in the EU is set to accelerate during the next decade. Additional growth impetus will come from a new green agenda towards improving the energy efficiency of buildings across the EU.
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.
U.S. ($515M) constitutes the largest market for imported table flatware worldwide, comprising 21% of global imports
The revenue of the hand tools market in the European Union amounted to $5.6B in 2017, picking up by 7.2% against the previ...