Asia-Pacific: Hand Saw Market 2025

Hand Saw Market Size in Asia-Pacific

The Asia-Pacific hand saw market expanded sharply to $X in 2022, picking up by 11% against the previous year. In general, consumption, however, saw a perceptible reduction. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Hand Saw Production in Asia-Pacific

In value terms, hand saw production totaled $X in 2022 estimated in export price. Over the period under review, production, however, recorded a mild descent. The most prominent rate of growth was recorded in 2018 with an increase of 13%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Hand Saw Exports

Exports in Asia-Pacific

After two years of growth, shipments abroad of hand saws decreased by -17.5% to X tons in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year. As a result, the exports reached the peak of X tons, and then reduced remarkably in the following year.

In value terms, hand saw exports contracted to $X in 2022. Total exports indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +46.6% against 2016 indices. The growth pace was the most rapid in 2021 with an increase of 30%. As a result, the exports attained the peak of $X, and then shrank in the following year.

Exports by Country

China prevails in exports structure, amounting to X tons, which was approx. 87% of total exports in 2022. It was distantly followed by Taiwan (Chinese) (X tons), mixing up a 4.8% share of total exports. The following exporters - Japan (X tons), Vietnam (X tons) and South Korea (X tons) - each reached a 6.3% share of total exports.

China experienced a relatively flat trend pattern with regard to volume of exports of hand saws. At the same time, Vietnam (+59.9%), Japan (+6.7%) and Taiwan (Chinese) (+2.8%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +59.9% from 2012-2022. South Korea experienced a relatively flat trend pattern. While the share of Vietnam (+2.2 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest hand saw supplier in Asia-Pacific, comprising 75% of total exports. The second position in the ranking was held by Japan ($X), with an 8.9% share of total exports. It was followed by Taiwan (Chinese), with a 6.7% share.

In China, hand saw exports expanded at an average annual rate of +4.9% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (+3.1% per year) and Taiwan (Chinese) (+3.2% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2022, surging by 9.8% against the previous year. Over the last decade, it increased at an average annual rate of +2.8%. The most prominent rate of growth was recorded in 2015 when the export price increased by 16% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Japan ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.1%), while the other leaders experienced mixed trends in the export price figures.

Hand Saw Imports

Imports in Asia-Pacific

In 2022, imports of hand saws in Asia-Pacific contracted to X tons, with a decrease of -10.2% against 2021. Over the period under review, imports, however, continue to indicate modest growth. The pace of growth was the most pronounced in 2016 with an increase of 59%. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, hand saw imports fell to $X in 2022. The total import value increased at an average annual rate of +1.5% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 17% against the previous year. As a result, imports reached the peak of $X, and then shrank in the following year.

Imports by Country

In 2022, Indonesia (X tons), distantly followed by India (X tons), Thailand (X tons), Australia (X tons), Malaysia (X tons), Bangladesh (X tons), Myanmar (X tons) and Japan (X tons) represented the major importers of hand saws, together creating 80% of total imports. Pakistan (X tons), South Korea (X tons), Singapore (X tons) and China (X tons) held a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Myanmar (with a CAGR of +30.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), Indonesia ($X) and Japan ($X) were the countries with the highest levels of imports in 2022, with a combined 41% share of total imports. Thailand, Malaysia, India, South Korea, China, Singapore, Bangladesh, Pakistan and Myanmar lagged somewhat behind, together comprising a further 43%.

Malaysia, with a CAGR of +13.1%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2022, increasing by 4.1% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 57% against the previous year. Over the period under review, import prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+7.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :