Planes, chisels and gouges for wood market in Germany

Earlier Report Observations

Between 2018 and 2021, the German market for woodworking cutting tools expanded rapidly, with physical volume rising from 404 tons to 666 tons. This growth was marked by a surge in 2020 and continued into 2021, while the market's value more than doubled to 14.9 million dollars over the same period.

A pronounced correction began in 2022, as market volume dropped to 573 tons and further to 396 tons in 2023. In value terms, the decline was equally severe, with the market losing nearly half its peak value by 2024.

The market showed signs of stabilization in 2024, as volume recovered to 436 tons, though it remained significantly below the 2021 peak. The market value continued to soften, reaching 8.2 million dollars in 2024.

Production planes, chisels and gouges for wood in Germany

In value, 2017-2020, K $ US

In 2020, Germany's output of planes, chisels, and gouges for wood was valued at 6,793 thousand US dollars, remaining nearly unchanged from the previous year. Between 2018 and 2020, production grew by 18.7%, which translates to an annualized rate of 5.9%.

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

In kind, 2017-2020, t

In 2020, Germany produced 139.7 tonnes of planes, chisels, and gouges for wood, marking a 24.3% increase over the previous year. Between 2018 and 2020, production rose by 30.6%, equating to an annualized rate of 9.3%. The lowest output was recorded in 2017 at 107.0 tonnes, while the largest decline occurred in 2019 with a drop of 5.7%.

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

Exports planes, chisels and gouges for wood from Germany

Exports in kind, t

Germany's exports of planes, chisels, and gouges for wood increased for the second consecutive year. In 2020, the country exported 257.1 tonnes, up by 34.6% from the previous year. Between 2017 and 2020, exports grew by 31.7%, representing an annualized rate of 9.6%. The lowest volume was recorded in 2018 at 185.2 tonnes, with the largest decline also occurring in 2018 at 5.1%.

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

From 2017 to 2020, the export market for these woodworking tools in kind was diverse. The Netherlands accounted for 11.9% of exports, Poland for 9.1%, and Austria for 8.2%, together making up just 29.2% of total flows. The remaining 70.8% was distributed among numerous 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, the value of planes, chisels, and gouges for wood exported from Germany totaled 7,284 thousand US dollars, a 14.5% increase compared to 2019. Over the period from 2017 to 2020, exports grew by 3.3%, with a compound annual growth rate of 1.1%. The lowest value was recorded in 2019 at 6,363 thousand US dollars, while the highest was in 2018 at 7,722 thousand US dollars. The largest decline occurred in 2019 with a drop of 17.6%.

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

Between 2017 and 2020, Germany's exports of these woodworking tools in value terms relied on a broad range of partner countries. France accounted for 10.1% of exports, the Netherlands for 8.8%, and the United States for 8.7%, together representing just 27.6% of total flows.

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

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

Imports planes, chisels and gouges for wood to Germany

Imports in kind, t

In 2020, Germany's imports of planes, chisels, and gouges for wood stood at 673.8 tonnes, reflecting a 45.0% increase compared to 2019. Between 2017 and 2020, imports grew by 60.3%, equating to an annualized rate of 17.0%. The largest decline was recorded in 2019 with a drop of 1.1%.

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

From 2017 to 2020, China consistently led the import structure in kind, accounting for 63.4% of imports, followed by Poland at 6.5% and Czechia at 5.9%. Together, these three countries made up 75.7% 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

Germany's imports of planes, chisels, and gouges for wood increased for the third consecutive year. In 2020, imports reached 11,698 thousand US dollars, marking a significant rise of 20.8% over the previous year. Over the period from 2017 to 2020, imports grew by 45.4%, with a compound annual growth rate of 13.3%.

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

Between 2017 and 2020, China remained the principal supplier of these woodworking tools to Germany in value terms, accounting for 32.9% of imports. Switzerland followed with 14.8%, and Poland with 9.3%. Together, these three countries accounted for 57.0% of total imports in value terms.

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

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