Pipe cutters, bolt croppers and punches market in Germany

Earlier Report Observations

From 2018 to 2022, the physical volume of the pipe cutters and bolt croppers market in Germany increased from 1 227 metric tons to a peak of 1 480 metric tons, with intermittent fluctuations. The market value in US dollars rose more sharply during this period, reaching 25.1 million $ in 2021, suggesting shifts in product mix or pricing before a correction.

In 2023, the market volume contracted by 20.9% to 1 170 metric tons. This decline coincided with reported challenges in the German machine tool industry, a key related sector, which faced issues like overcapacity and falling investments, likely reducing demand for cutting tools.

The market recovered to 1 305 metric tons in 2024. This rebound was supported by a shift in consumer preferences towards more powerful and ergonomic hand tools suitable for materials like stainless steel and copper. Furthermore, the introduction of new product segments, such as intelligent combinations of shears and pipe cutters for composite and plastic tubes, stimulated market activity.

Production pipe cutters, bolt croppers and punches in Germany

In value, 2017-2020, K $ US

Germany's production of pipe cutters, bolt croppers, and punches has increased for the third consecutive year. In 2020, the output value reached 26 945 K $ US, marking a 4.2% rise compared to 2019. Over the period from 2017 to 2020, production grew by 27.4%, which translates to an annualized growth rate of 8.4%.

Annual dynamics of production in Germany in value, 2017-2020, K $ US

In kind, 2017-2020, t

After a two-year increase, the production of pipe cutters, bolt croppers, and punches in Germany declined. In 2020, Germany produced 852.0 t, showing only a slight change from the 853.4 t recorded in 2019. From 2017 to 2020, production rose by 15.8%, with a compound annual growth rate of 5.0%. The highest production level was in 2019 at 853.4 t, while the largest year-on-year increase occurred in 2018 at 9.1%.

Annual dynamics of production in Germany in kind, 2017-2020, t

Exports pipe cutters, bolt croppers and punches from Germany

Exports in kind, t

Export volumes of pipe cutters, bolt croppers, and punches from Germany have increased for the second consecutive year. In 2020, exports totaled 1 044 t, up by 27.2% from 2019. Over the 2017-2020 period, exports grew by 26%, with a compound annual growth rate of 8.0%. The lowest export volume was in 2018 at 795 t, which also saw the largest decline of 4.0% that year.

Annual dynamics of product's exports from Germany in kind, 2017-2020, t

From 2017 to 2020, the country composition of Germany's exports in kind was highly dispersed. The top three destinations—the Netherlands (15.3% of exports in kind), Austria (9.4%), and France (9.2%)—together accounted for only 33.9% of total flows. The remaining 66.1% was distributed among a wide range of other countries.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Germany in kind, 2017-2020

Exports in value, K $ US

In 2020, Germany's exports of pipe cutters, bolt croppers, and punches were valued at 32 646 K $ US, showing a slight increase of 1.8% compared to 2019. Between 2017 and 2020, exports rose by 8.7%, equating to an annualized growth rate of 2.8%. The peak value was recorded in 2018 at 32 997 K $ US, which also saw the largest increase of 9.9%. In contrast, 2019 experienced the largest decline of 2.8%.

Annual dynamics of product's exports from Germany in value, 2017-2020, K $ US

During 2017-2020, Germany supplied pipe cutters, bolt croppers, and punches to many different markets. Even the largest destinations—the Netherlands, France, and Austria—together represented only 28.6% of total exports in value terms, highlighting the diverse nature of the export structure.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Germany in value, 2017-2020

Imports pipe cutters, bolt croppers and punches to Germany

Imports in kind, t

Germany's import volume of pipe cutters, bolt croppers, and punches has increased for the third consecutive year. In 2020, imports totaled 1 410 t, showing a strong rise of 10.5% from 2019. Between 2017 and 2020, imports grew by 18.3%, which corresponds to an annualized growth rate of 5.7%.

Annual dynamics of product's imports to Germany in kind, 2017-2020, t

From 2017 to 2020, China (60.2% of imports in kind), Spain (14.3%), and Asia, not elsewhere specified (8.7%) were the main sources for Germany's imports in kind. Together, these three markets accounted for 83.2% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Germany in kind, 2017-2020

Imports in value, K $ US

Imports of pipe cutters, bolt croppers, and punches into Germany have increased for the third consecutive year. In 2020, the import value amounted to 22 984 K $ US, constituting a robust rise of 14.5% compared to 2019. Over the 2017-2020 period, imports increased by 32.2%, with a compound annual growth rate of 9.7%.

Annual dynamics of product's imports to Germany in value, 2017-2020, K $ US

Over 2017-2020, China (27.4% of imports in value terms), Spain (25.3%), and Asia, not elsewhere specified (9.6%) made the biggest contributions to Germany's imports in value terms. Jointly, these three sources accounted for 62.3% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Germany in value, 2017-2020