Hand Tools Market Overview in the Netherlands
In value terms, hand tools production expanded sharply to $ in 2019 estimated in export prices. Over the period under review, production continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2015 with an increase of % y-o-y. Hand tools production peaked in 2019 and is expected to retain growth in years to come.
The revenue of the hand tools market in the Netherlands surged to $ in 2019, with an increase of % 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). Over the period under review, consumption, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the market value increased by % against the previous year. Hand tools consumption peaked at $ in 2008; however, from 2009 to 2019, consumption failed to regain the momentum.