United Kingdom: Cutting Blade Market 2025

Cutting Blade Market Size in the UK

The UK cutting blade market contracted slightly to $X in 2021, approximately reflecting the previous year. In general, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Cutting Blade Production in the UK

In value terms, cutting blade production reached $X in 2021 estimated in export price. In general, production continues to indicate a slight slump. The pace of growth appeared the most rapid in 2017 with an increase of 14%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Cutting Blade Exports

Exports from the UK

For the third consecutive year, the UK recorded growth in overseas shipments of knives and cutting blades (for machines or for mechanical appliances), which increased by 28% to X tons in 2021. Overall, exports, however, recorded a relatively flat trend pattern. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, cutting blade exports skyrocketed to $X in 2021. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 20% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X tons), Ireland (X tons) and Germany (X tons) were the main destinations of cutting blade exports from the UK, with a combined 54% share of total exports. Italy, Spain, China, France, the Netherlands, Poland and South Africa lagged somewhat behind, together comprising a further 24%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +15.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cutting blade exported from the UK were the United States ($X), Germany ($X) and Italy ($X), together comprising 48% of total exports. France, Ireland, the Netherlands, Spain, Poland, China and South Africa lagged somewhat behind, together accounting for a further 26%.

China, with a CAGR of +7.2%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average cutting blade export price amounted to $X per ton, falling by -7.2% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.3%. The growth pace was the most rapid in 2018 an increase of 23% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Ireland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Cutting Blade Imports

Imports into the UK

In 2021, supplies from abroad of knives and cutting blades (for machines or for mechanical appliances) decreased by -2.1% to X tons, falling for the second year in a row after three years of growth. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when imports increased by 40% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, cutting blade imports soared to $X in 2021. The total import value increased at an average annual rate of +3.0% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2017 with an increase of 21% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports failed to regain momentum.

Imports by Country

China (X tons), Germany (X tons) and Austria (X tons) were the main suppliers of cutting blade imports to the UK, with a combined 62% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +20.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cutting blade suppliers to the UK were Germany ($X), China ($X) and the United States ($X), together accounting for 61% of total imports. Austria, the Netherlands, Ireland, Belgium, France, Italy and the Czech Republic lagged somewhat behind, together accounting for a further 21%.

In terms of the main suppliers, Austria, with a CAGR of +23.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average cutting blade import price amounted to $X per ton, with an increase of 18% against the previous year. Overall, import price indicated a moderate expansion from 2012 to 2021: its price increased at an average annual rate of +3.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, cutting blade import price increased by +44.3% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 22%. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ireland (+16.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :