World - Knives And Cutting Blades (For Machines Or For Mechanical Appliances) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

World - Knives And Cutting Blades (For Machines Or For Mechanical Appliances) - Market Analysis, Forecast, Size, Trends and Insights

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Cutting blade market

Cutting blade market: download recently published facts and figures secured by an Ai-driven market research platform. Statistics include imports, companies, production, exports, trade, market prices, market size, and consumption. There is a split by country, including Africa, the Middle East, the U.S., Latin America, Russia, the U.K., EU, and China. Market trends and forecast to 2030 are also featured in the snapshots.

Cutting Blade - World's Largest Markets

RatingCountry
1United States
2China
3India
4Germany
5Vietnam

In value terms, the United States, China and India constituted the countries with the highest levels of market value in 2020, with a combined 61% share of the global market. These countries were followed by Germany, Vietnam, Mexico, Canada, South Korea, France, Brazil and Turkey, which together accounted for a further 12%.

Mexico saw the highest rates of growth with regard to market size, among the main consuming countries over the period under review, while cutting blade market for the other global leaders experienced more modest paces of growth.

Cutting Blade Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
India218022462910522-30.5%
China155721318412141-11.7%
France189841723413265-16.4%
Austria1350813122143183.0%
South Korea206081685215373-13.6%
Slovenia163471571315790-1.7%
Czech Republic1601615542174824.5%
Netherlands1618620658181515.9%
United States2000520236204131.0%
Taiwan (Chinese)19898227712516412.5%
Italy2372920306270966.9%
Germany2822828607283250.2%
Japan646716336461675-2.3%
Average216332092920421-2.8%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Japan ($61,675 per ton), while India ($10,522 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese), while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
China41072418235853219.4%
Japan327923295729528-5.1%
United States315682977629233-3.8%
Netherlands241912357523543-1.3%
Germany217242169821081-1.5%
Italy222512488819751-5.8%
France233371872418272-11.5%
Canada189731943218041-2.5%
Austria195292055017769-4.6%
Russia184851888017754-2.0%
Indonesia130731462312181-3.5%
Vietnam9263119591144711.2%
Mexico964411437105114.4%
Average1911019715214405.9%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was China ($58,532 per ton), while Mexico ($10,511 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced more modest paces of growth.

Cutting Blade - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
China0.20.20.9124.6%
United States0.40.40.4-4.0%
Germany0.20.20.2-0.4%
Vietnam0.20.20.2-6.7%
Mexico0.10.10.1-5.1%

In value terms, China ($857M) constitutes the largest market for imported knives and cutting blades (for machines or for mechanical appliances) worldwide, comprising 22% of global imports. The second position in the ranking was occupied by the United States ($382M), with a 10% share of global imports. It was followed by Germany, with a 6.3% share.

From 2018 to 2020, the average annual rate of growth in terms of value in China totaled +124.6%. In the other countries, the average annual rates were as follows: the United States (-4.0% per year) and Germany (-0.4% per year).

Cutting Blade - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
Germany0.70.70.6-3.4%
China0.50.40.4-9.0%
United States0.30.30.2-3.2%
Japan0.20.20.2-7.0%
Austria0.20.20.2-2.7%

In value terms, Germany ($620M), China ($383M) and the United States ($245M) were the countries with the highest levels of exports in 2020, together comprising 43% of global exports. These countries were followed by Japan, Austria, France, Italy, the Netherlands, the Czech Republic, Taiwan (Chinese), South Korea, Slovenia and India, which together accounted for a further 31%.

In terms of the main exporting countries, Slovenia recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced mixed trends in the exports figures.

Cutting Blade - Market Forecast

Driven by increasing demand for cutting blade worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Cutting Blade - Top Companies

Danfoss A/S, Kennametal Inc., Bc Mountain Holdings, Inc., Apex Tool Group, LLC, OSG CORPORATION, MITUTOYO CORPORATION, Gühring KG, Coorstek, Inc., Luchuan County Gucheng Arts Workshop, Irwin Industrial Tool Company, SECO Tools AB, Hangzhou Great Star Industrial Co., Ltd., Shenyang Machine Tool Co., Ltd., Idsc Holdings LLC, MAPAL Fabrik für Präzisionswerkzeuge Dr. Kress KG, Sandvik Tooling Deutschland GmbH, Garden Pals, Inc., Hefei Huahao Machinery Factory, ASAHI DIAMOND INDUSTRIAL CO., LTD., BAUER Maschinen GmbH

Cutting Blade - Product Coverage

  • HS 8208 - Knives and cutting blades, for machines or for mechanical appliances

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global cutting blade market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 25736043 - Knives and cutting blades for machines or for mechanical appliances for working metal
  • Prodcom 25736045 - Knives and cutting blades for machines or for mechanical appliances for working wood
  • Prodcom 25736053 -
  • Prodcom 25736055 -
  • Prodcom 25736063 - Knives and cutting blades for agricultural, horticultural or forestry machines (excluding coulters for ploughs, discs for harrows)
  • Prodcom 25736065 - Knives and cutting blades, for machines or for mechanical appliances

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023
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