# Global Boring and broaching tool Market 2026

> World exports of boring and broaching tool (HS 820760) reached $498.1 million in 2024, 5% less than in 2019. Germany was the largest exporter with 28% of the world total, and the United States was the largest buyer.

- Publisher: Stratum Market Research
- Page: https://stratummarketresearch.com/reports/boring-and-broaching-tool-market/
- Sector: Industrial & Trade
- Scope: Global
- Updated: 2026-11-09
- Headline figure: 498.1 USD million (World exports, 2024)

## What this market covers

Interchangeable tools for boring or broaching.

Segments: Boring bars, Broaches, Boring heads, Reamers.

Typical buyers: Machine shops, Automotive suppliers, Tooling distributors.

## Key figures

| Figure | Value | Year |
|---|---|---|
| World exports of boring and broaching tool (HS 820760) were worth $498.1 million in 2024. | 498.1 USD million | 2024 |
| World exports were 5% lower in 2024 than in 2019 ($523.3 million), calculated from the annual totals. | -5 % since 2019 | 2024 |
| Germany was the largest exporter in 2024, with 28% of world exports ($137.7 million). | 28 % of world exports | 2024 |
| The three largest exporters, Germany, the United States and Japan, shipped 54% of world exports in 2024. | 54 % of world exports | 2024 |
| The United States was the largest importer in 2024, buying $77.3 million, or 16% of world imports. | 16 % of world imports | 2024 |
| 33 countries exported more than $1 million of this product in 2024. | 33 countries | 2024 |
| The average world export price was about $96.71 per kilogram in 2024, calculated from value and weight. | 96.71 USD per kg | 2024 |
| Countries exported 5.2 thousand tonnes of this product in 2024. | 5.2 thousand tonnes | 2024 |
| Among the ten largest exporters, Italy grew fastest, with exports up 67% from 2019 to 2024. | +67 % since 2019 | 2024 |

## Why this market is moving now

- World trade shrank 5% from 2019 to 2024, a direct read on cross-border demand.
- Italy is gaining ground: its exports rose 67% from 2019 to 2024, the fastest among the ten largest exporters.

## Largest exporting countries, 2024

| Rank | Country | Value (USD million) |
|---|---|---|
| 1 | Germany | 137.7 |
| 2 | United States | 78.6 |
| 3 | Japan | 50.4 |
| 4 | China | 42.4 |
| 5 | Italy | 19.2 |
| 6 | France | 17.0 |
| 7 | Taiwan | 14.0 |
| 8 | Spain | 13.3 |
| 9 | United Kingdom | 11.9 |
| 10 | Canada | 10.9 |

## Largest importing countries, 2024

| Rank | Country | Value (USD million) |
|---|---|---|
| 1 | United States | 77.3 |
| 2 | Mexico | 57.5 |
| 3 | Germany | 45.1 |
| 4 | China | 29.8 |
| 5 | Canada | 23.4 |
| 6 | France | 18.1 |
| 7 | Italy | 15.7 |
| 8 | United Kingdom | 12.9 |
| 9 | Netherlands | 12.6 |
| 10 | India | 10.6 |

## World exports of HS 820760, USD million

| Year | Value |
|---|---|
| 2017 | 519.9 |
| 2018 | 549.1 |
| 2019 | 523.3 |
| 2020 | 431.3 |
| 2021 | 466.1 |
| 2022 | 462.8 |
| 2023 | 503.1 |
| 2024 | 498.1 |

## Questions and answers

### How big is the global boring and broaching tool market?

There is no single official market total. World exports of HS 820760 reached $498.1 million in 2024, a direct measure of cross-border trade.

### Which countries export the most boring and broaching tool?

Germany led world exports in 2024 with 28% of the total, followed by the United States, Japan and China.

### Which countries import the most boring and broaching tool?

The United States was the largest importer in 2024, followed by Mexico, Germany and China.

### Is world trade in boring and broaching tool growing?

World exports were 5% lower in 2024 than in 2019.

### What is the average export price of boring and broaching tool?

Dividing world export value by weight gives about $96.71 per kilogram in 2024.

## Editions

- **Data pack**: $1,450, delivered in 2 working days. Every figure behind the report in one Excel workbook, plus a chart pack and 12 months of updates.
- **Full report**: $3,450, delivered in 5 working days. The complete written report for one user: sizing model, five-year outlook, company profiles and the full data pack, with analyst Q&A for 90 days.
- **Team licence**: $4,950, delivered in 5 working days. The full report for up to 10 people in one organisation, with a 45-minute walkthrough with the analyst and a custom cut of the data.

Free sample: https://stratummarketresearch.com/contact/?report=boring-and-broaching-tool-market#sample  
Questions: info@stratummarketresearch.com or https://stratummarketresearch.com/ask/

## How to cite

Stratum Market Research, "Global Boring and broaching tool Market 2026", updated 9 Nov 2026, https://stratummarketresearch.com/reports/boring-and-broaching-tool-market/