Hand Tools Market Overview in the Netherlands
In value terms, hand tools production rose remarkably to $ in 2019 estimated in export prices. In general, production posted a prominent increase. The most prominent rate of growth was recorded in 2011 with an increase of % against the previous year. Over the period under review, production hit record highs in 2019 and is expected to retain growth in the immediate term.
The value of the hand tools market in the Netherlands expanded rapidly 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, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 with an increase of % y-o-y. Over the period under review, the market attained the peak level at $ in 2007; however, from 2008 to 2019, consumption remained at a lower figure.