In 2023, China's dominance in the global export of tools like mattocks, picks, hoes, and rakes was evident with a staggering share of 57.41%, though its growth rate stalled at 2.4%. Mexico marked remarkable expansion with a 4.5% increase, while Germany's and India's shares remained relatively stable. Notably, countries like Canada and Fiji saw significant year-on-year growth, whereas Colombia, Namibia, and New Zealand experienced substantial declines. Emerging players like Ecuador showed exceptional growth, heralding potential future market dynamics shifts.
Looking ahead, monitoring China's market dominance will be crucial, alongside emerging markets like Ecuador. With sustainable practices and innovation gaining traction, these factors could redefine competitive edges and market share dynamics globally in this industry.
Top countries in Export of Mattocks, Picks, Hoes and Rakes Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 57.41 | 2023 | +2.19% | +2.4% | View data |
| 2 | 2 Mexico | 12.72 | 2023 | +3.18% | +4.5% | View data |
| 3 | 3 Germany | 4.39 | 2023 | +1.12% | +0.66% | View data |
| 4 | 4 India | 3.44 | 2023 | -0.91% | -0.34% | View data |
| 5 | 5 Tanzania | 2.83 | 2023 | +6.67% | +0.72% | View data |
| 6 | 6 Poland | 2.64 | 2023 | +3.65% | +5.22% | View data |
| 7 | 7 Czech Republic | 2.55 | 2023 | +1.31% | +2.69% | View data |
| 8 | 8 France | 2.13 | 2023 | +3.7% | +2.86% | View data |
| 9 | 9 Netherlands | 2.11 | 2023 | +5.37% | +4.68% | View data |
| 10 | 10 Italy | 2.03 | 2023 | +3.1% | +1.18% | View data |
