Global Garden Tool Market
In value terms, garden tool production rose notably to $ in estimated in export price. Over the period under review, production, however, showed a noticeable setback. The most prominent rate of growth was recorded in 2018 when the production volume increased by % against the previous year. Over the period under review, global production attained the maximum level at $ in 2008; however, from 2009 to , production stood at a somewhat lower figure.
The country with the largest volume of garden tool production was China ( tons), accounting for % of total volume. Moreover, garden tool production in China exceeded the figures recorded by the second-largest producer, the United States ( tons), threefold. India ( tons) ranked third in terms of total production with a % share.
In China, garden tool production declined by an average annual rate of -% over the period from 2007-. The remaining producing countries recorded the following average annual rates of production growth: the United States (-% per year) and India (-% per year).
The global garden tool market revenue reached $ in , growing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, saw a pronounced decrease. Over the period under review, the global market attained the maximum level at $ in 2008; however, from 2009 to , consumption remained at a lower figure.
From 2007 to , the most notable rate of growth in terms of consumption, amongst the key consuming countries, was attained by the UK (with a CAGR of +%), while consumption for the other global leaders experienced a decline in the consumption figures.
In value terms, the United States ($) led the market, alone. The second position in the ranking was taken by China ($). It was followed by Japan.
From 2007 to , the average annual rate of growth in terms of value in the United States totaled +%. In the other countries, the average annual rates were as follows: China (-% per year) and Japan (-% per year).
The countries with the highest levels of garden tool per capita consumption in were the United States ( kg per persons), Germany ( kg per persons) and Japan ( kg per persons).
From 2007 to , the biggest increases were in the UK (with a CAGR of +%), while consumption for the other global leaders experienced a decline in the per capita consumption figures.