EU: Pliers And Pincers Market 2024

Pliers And Pincers Market Size in the EU

In 2023, the EU pliers and pincers market increased by X% to $X, rising for the third consecutive year after two years of decline. The total consumption indicated a remarkable increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2020 indices. The level of consumption peaked in 2023 and is likely to continue growth in the immediate term.

Pliers And Pincers Production in the EU

In value terms, pliers and pincers production surged to $X in 2023 estimated in export price. Over the period under review, production recorded a significant expansion. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Pliers And Pincers Exports

Exports in the EU

For the eighth consecutive year, the European Union recorded growth in overseas shipments of pliers, pincers and tweezers for nonmedical use, which increased by X% to X tons in 2023. Overall, exports recorded strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, pliers and pincers exports expanded sharply to $X in 2023. Total exports indicated a prominent increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The level of export peaked in 2023 and is expected to retain growth in the immediate term.

Exports by Country

The Netherlands (X tons) and Germany (X tons) represented roughly X% of total exports in 2023. Spain (X tons) ranks next in terms of the total exports with a X% share, followed by Belgium (X%). France (X tons), Poland (X tons), Austria (X tons) and Greece (X tons) took a minor share of total exports.

From 2012 to 2023, the biggest increases were recorded for Greece (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest pliers and pincers supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total exports. It was followed by France, with a X% share.

In Germany, pliers and pincers exports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: the Netherlands (X% per year) and France (X% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2023, which is down by X% against the previous year. Overall, the export price continues to indicate a noticeable downturn. The pace of growth was the most pronounced in 2017 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per ton), while Greece ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Pliers And Pincers Imports

Imports in the EU

For the third consecutive year, the European Union recorded growth in supplies from abroad of pliers, pincers and tweezers for nonmedical use, which increased by X% to X tons in 2023. Total imports indicated prominent growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2012 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports reached the maximum in 2023 and are expected to retain growth in the immediate term.

In value terms, pliers and pincers imports amounted to $X in 2023. Total imports indicated prominent growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2023 and are likely to see steady growth in the near future.

Imports by Country

The purchases of the seven major importers of pliers, pincers and tweezers for nonmedical use, namely Germany, Belgium, France, the Netherlands, Italy, Spain and Poland, represented more than two-thirds of total import. Austria (X tons), the Czech Republic (X tons), Greece (X tons), Romania (X tons), Hungary (X tons) and Sweden (X tons) held a minor share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Hungary (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the Netherlands ($X) constituted the countries with the highest levels of imports in 2023, together accounting for X% of total imports. Poland, Belgium, Spain, Italy, Austria, the Czech Republic, Sweden, Romania, Hungary and Greece lagged somewhat behind, together comprising a further X%.

Poland, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in the European Union amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Sweden ($X per ton), while Greece ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform