Australia and Oceania: Cutting Blade Market 2025

Cutting Blade Market Size in Australia and Oceania

In 2021, the cutting blade market in Australia and Oceania increased by 40% to $X, rising for the second year in a row after four years of decline. The market value increased at an average annual rate of +3.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Cutting Blade Production in Australia and Oceania

In value terms, cutting blade production declined to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.3% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2018 when the production volume increased by 29%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Cutting Blade Exports

Exports in Australia and Oceania

In 2021, after two years of decline, there was significant growth in overseas shipments of knives and cutting blades (for machines or for mechanical appliances), when their volume increased by 27% to X tons. Over the period under review, exports, however, showed a perceptible downturn. The pace of growth was the most pronounced in 2013 with an increase of 34% against the previous year. The volume of export peaked at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, cutting blade exports soared to $X in 2021. Total exports indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +2.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of 39%. The level of export peaked in 2021 and is expected to retain growth in the near future.

Exports by Country

Australia dominates exports structure, reaching X tons, which was near 92% of total exports in 2021. It was distantly followed by New Zealand (X tons), generating an 8.1% share of total exports.

Exports from Australia decreased at an average annual rate of -4.0% from 2012 to 2021. At the same time, New Zealand (+1.3%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +1.3% from 2012-2021. While the share of New Zealand (+2.9 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Australia (-3 p.p.) displayed negative dynamics.

In value terms, Australia ($X) remains the largest cutting blade supplier in Australia and Oceania, comprising 88% of total exports. The second position in the ranking was held by New Zealand ($X), with a 12% share of total exports.

In Australia, cutting blade exports increased at an average annual rate of +2.7% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per ton, with an increase of 6.2% against the previous year. Over the period under review, the export price recorded a buoyant expansion. The pace of growth appeared the most rapid in 2017 when the export price increased by 58% against the previous year. Over the period under review, the export prices reached the peak figure in 2021 and is likely to continue growth in years to come.

Prices varied noticeably country of origin: the country with the highest price was New Zealand ($X per ton), while Australia totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+7.0%).

Cutting Blade Imports

Imports in Australia and Oceania

In 2021, overseas purchases of knives and cutting blades (for machines or for mechanical appliances) were finally on the rise to reach X tons for the first time since 2016, thus ending a four-year declining trend. In general, imports continue to indicate a relatively flat trend pattern. Over the period under review, imports reached the peak figure at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, cutting blade imports soared to $X in 2021. The total import value increased at an average annual rate of +4.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Australia represented the largest importer of knives and cutting blades (for machines or for mechanical appliances) in Australia and Oceania, with the volume of imports accounting for X tons, which was approx. 81% of total imports in 2021. It was distantly followed by New Zealand (X tons), comprising a 15% share of total imports. Fiji (X tons) followed a long way behind the leaders.

Australia experienced a relatively flat trend pattern with regard to volume of imports of knives and cutting blades (for machines or for mechanical appliances). At the same time, Fiji (+5.9%) and New Zealand (+2.4%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +5.9% from 2012-2021. From 2012 to 2021, the share of New Zealand increased by +2.3 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported knives and cutting blades (for machines or for mechanical appliances) in Australia and Oceania, comprising 76% of total imports. The second position in the ranking was held by New Zealand ($X), with a 21% share of total imports.

In Australia, cutting blade imports expanded at an average annual rate of +5.4% over the period from 2012-2021. In the other countries, the average annual rates were as follows: New Zealand (+2.2% per year) and Fiji (+4.7% per year).

Import Prices by Country

In 2021, the import price in Australia and Oceania amounted to $X per ton, which is down by -17.2% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced increase. The pace of growth appeared the most rapid in 2017 when the import price increased by 47% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2020, and then dropped significantly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was New Zealand ($X per ton), while Fiji ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+5.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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