World - Interchangeable Tools For Hand Tools - Market Analysis, Forecast, Size, Trends and Insights
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Interchangeable tool market: get newly released statistics secured by an Ai-driven BI tool. Info include production, market prices, imports, consumption, trade, exports, market size, and companies. There is a split by country, including Africa, the Middle East, the U.S., Russia, Latin America, China, EU, and the U.K. Market insights and forecast to 2030 are also featured in the dashboards.
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Interchangeable Tool - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | China |
| 2 | Germany |
| 3 | United States |
| 4 | Mexico |
| 5 | Brazil |
In value terms, China, Germany and the United States appeared to be the countries with the highest levels of market value in 2020, together comprising 45% of the global market. Mexico, Brazil, Italy, Canada, Thailand, India, South Korea, France, Russia and Japan lagged somewhat behind, together accounting for a further 29%.
Italy recorded the highest rates of growth with regard to market size, among the main consuming countries over the period under review, while interchangeable tool market for the other global leaders experienced more modest paces of growth.
Interchangeable Tool Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| China | 16342 | 11261 | 11863 | -14.8% |
| Spain | 13683 | 13617 | 12835 | -3.1% |
| South Korea | 14538 | 14155 | 14818 | 1.0% |
| Taiwan (Chinese) | 16213 | 25417 | 18173 | 5.9% |
| United States | 25491 | 23370 | 23438 | -4.1% |
| Italy | 27486 | 25798 | 25613 | -3.5% |
| Japan | 30441 | 32281 | 31593 | 1.9% |
| Netherlands | 55598 | 45416 | 43593 | -11.5% |
| Germany | 52475 | 51643 | 48420 | -3.9% |
| Average | 25392 | 22900 | 22596 | -5.7% |
There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Germany ($48,420 per ton), while China ($11,863 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese), while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| China | 28919 | 31121 | 33355 | 7.4% |
| Mexico | 37906 | 33757 | 31825 | -8.4% |
| Netherlands | 25376 | 23431 | 29973 | 8.7% |
| Thailand | 39852 | 24128 | 28801 | -15.0% |
| Germany | 29877 | 26818 | 27439 | -4.2% |
| Japan | 25005 | 23943 | 24036 | -2.0% |
| France | 34601 | 27144 | 21198 | -21.7% |
| United States | 19068 | 20575 | 20824 | 4.5% |
| Poland | 24171 | 21881 | 20077 | -8.9% |
| United Kingdom | 21882 | 22901 | 19688 | -5.1% |
| Czech Republic | 26886 | 20499 | 18932 | -16.1% |
| Russia | 17034 | 18226 | 17366 | 1.0% |
| Spain | 14085 | 15699 | 16435 | 8.0% |
| Average | 25313 | 24661 | 23963 | -2.7% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was China ($33,355 per ton), while Spain ($16,435 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.
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Interchangeable Tool - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| United States | 3.5 | 3.1 | 2.8 | -10.4% |
| Germany | 2.3 | 2.2 | 2 | -7.9% |
| China | 1.7 | 1.7 | 1.3 | -12.1% |
| Mexico | 1.3 | 1.2 | 1 | -11.5% |
| France | 0.8 | 0.8 | 0.6 | -7.8% |
In value terms, the largest interchangeable tool importing markets worldwide were the United States ($2.8B), Germany ($2B) and China ($1.3B), together accounting for 30% of global imports. Mexico, France, Russia, the Netherlands, Thailand, Japan, the UK, Poland, the Czech Republic and Spain lagged somewhat behind, together comprising a further 27%.
Among the main importing countries, the Netherlands saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Interchangeable Tool - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| Germany | 4.5 | 4.2 | 3.7 | -10.3% |
| China | 4.1 | 3.6 | 3.6 | -6.3% |
| Japan | 2.5 | 2.3 | 1.9 | -11.6% |
| United States | 2.1 | 2 | 1.6 | -12.2% |
| South Korea | 1.7 | 1.5 | 1.5 | -3.4% |
In value terms, Germany ($3.7B), China ($3.6B) and Japan ($1.9B) were the countries with the highest levels of exports in 2020, together comprising 44% of global exports. These countries were followed by the United States, South Korea, Italy, the Netherlands, Taiwan (Chinese) and Spain, which together accounted for a further 27%.
In terms of the main exporting countries, the Netherlands recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced a decline in the exports figures.
Interchangeable Tool - Market Forecast
Driven by rising demand for interchangeable tool worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Interchangeable Tool - Top Companies
Angang Kuangshan Fuqi Qikuang Industry Co., Ltd., Qinghai Yiji Numerical Control Machine Tool Co., Ltd., Aartech GmbH, GLENCORE TECHNOLOGY PTY LIMITED, Smith International, Inc., Danfoss A/S, The Black & Decker Corporation, Husqvarna AB, Agie Charmilles SA, Snap-On Incorporated, DMG MORI CO., LTD., TRUMPF Schweiz AG, TRUMPF GmbH + Co. KG, Yankuang Donghua Group Co.,Ltd., Baltec Maschinenbau AG, Volvo Construction Equipment AB, DANIELI & C. OFFICINE MECCANICHE SPA, MAKITA CORPORATION, Bühler Denmark, Filial af Bühler Ag, Schweiz, Feintool Technologie AG
Interchangeable Tool - Product Coverage
- HS 8207 - Tools, interchangeable; for hand tools, whether or not power-operated, or for machine tools (pressing, stamping, punching, drilling etc), including dies for drawing or extruding metal, and rock drilling or earth boring tools
This report provides an in-depth analysis of the global interchangeable tool market. 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 25734014 - Tapping tools for working metal
- Prodcom 25734016 - Threading tools for working metal
- Prodcom 25734019 - Tapping or threading tools (excluding work and tool holders for machines or hand tools, for working metal)
- Prodcom 25734023 - Drilling tools with working part of diamond or agglomerated diamond (excluding work and tool holders for machines or hand tools, for rock drilling)
- Prodcom 25734025 - Masonry drills with working part of materials other than diamond or agglomerated diamond (excluding work and tool holders for machines or hand tools, for rock drilling)
- Prodcom 25734027 - Drilling tools with working part of sintered metal carbide, for working metal excluding unmounted sintered metal carbide plates, sticks, tips and the like for tools
- Prodcom 25734031 - Drilling tools with working part of high speed steel, for working metal excluding work and tool holders for machines or hand tools - for rock drilling
- Prodcom 25734033 - Drilling tools with working part of materials other than diamond, agglomerated diamond or sintered metal carbide, f or working metal excluding with working part of high speed steel
- Prodcom 25734035 - Drilling tools (excluding work and tool holders for machines or hand tools, with working part of diamond or agglomerated diamond, for rock drilling, masonry drills, for working metal)
- Prodcom 25734037 - Boring or broaching tools with working part of diamond or agglomerated diamond (excluding work and tool holders for machines or hand tools, for earth boring)
- Prodcom 25734044 - Boring tools for working metal, with working part of materials other than diamond or agglomerated diamond
- Prodcom 25734045 - Boring or broaching tools (excluding work and tool holders for machines or hand tools, with diamond or agglomerated diamond working parts, for working metal, for earth boring)
- Prodcom 25734048 - Broaching tools for working metal, with working part of materials other than diamond or agglomerated diamond
- Prodcom 25734050 - Milling tools with working part of sintered metal carbide, for working metal excluding unmounted sintered metal carbide plates, sticks, tips and the like for tools
- Prodcom 25734061 - Shank type milling tools for working metal (excluding with working part of sintered metal carbide)
- Prodcom 25734065 -
- Prodcom 25734067 -
- Prodcom 25734069 - Milling tools (excluding for working metal)
- Prodcom 25734071 - Turning tools with working part of sintered metal carbide, for working metal excluding unmounted sintered metal carbide plates, sticks, tips and the like for tools
- Prodcom 25734074 - Turning tools for working metal, with working part of materials other than cermets
- Prodcom 25734079 - Turning tools (excluding work and tool holders for machines or hand tools, for working metal)
- Prodcom 25734081 - Other interchangeable tools of CN .82.07 with working part of diamond
- Prodcom 25734083 - Screwdriver bits with working part of materials other than diamond or agglomerated diamond (excluding work and tool holders for machines or hand tools)
- Prodcom 25734085 - Gear-cutting tools with working part of materials other than diamond or agglomerated diamond (excluding work and tool holders for machines or hand tools)
- Prodcom 25734087 - Interchangeable hand tools with working part of sintered metal carbide excluding unmounted sintered metal carbide plates, sticks, tips and the like for tools
- Prodcom 25734089 - Interchangeable tools in other materials
- Prodcom 25736013 - Rock drilling or earth boring tools with working part of cermets
- Prodcom 25736018 - Rock-drilling or earth-boring tools, interchangeable, and parts therefor, with working parts of materials other than sintered metal carbide or cermets
- Prodcom 25736023 - Dies for drawing or extruding metal, with working part of diamond or agglomerated diamond (excluding work and tool holders for machines or hand tools)
- Prodcom 25736024 - Dies for drawing or extruding metal (excluding unmounted plates, sticks, tips, rods, pellets, rings, etc. of sintered metal carbides or cermets)
- Prodcom 25736033 - Pressing, stamping or punching tools for working metal (excluding work and tool holders for machines or hand tools)
- Prodcom 25736039 - Pressing, stamping or punching tools (excluding work and tool holders for machines or hand tools, for working metal)
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- 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.
-
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
- CONSUMPTION BY COUNTRY
- 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. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 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
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 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, 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, 2012–2023
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Explore the top import markets for interchangeable tools and their key statistics. Discover the leading countries in the import trade of interchangeable tools and how they contribute to the global market.
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In 2016, the global interchangeable tool imports amounted to X tons, going down by -X% against the previous year level. In general, interchangeable tool imports continue to indicate a relativel...
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In 2016, the global interchangeable tool imports amounted to X tons, going down by -X% against the previous year level. In general, interchangeable tool imports continue to indicate a relativel...
