China: Metal Cutting Shear Market 2025

Metal Cutting Shear Market Size in China

In 2022, the Chinese metal cutting shear market decreased by -4.7% to $X, falling for the third year in a row after three years of growth. Over the period under review, consumption recorded a relatively flat trend pattern. Metal cutting shear consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Metal Cutting Shear Production in China

In value terms, metal cutting shear production fell modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the production volume increased by 26% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Metal Cutting Shear Exports

Exports from China

In 2022, the amount of metal cutting shears and similar hand tools exported from China amounted to X tons, almost unchanged from the previous year. In general, total exports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of +5.7% 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 +69.9% against 2015 indices. The pace of growth was the most pronounced in 2017 when exports increased by 15% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, metal cutting shear exports reached $X in 2022. Overall, exports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 21% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Exports by Country

The United States (X tons) was the main destination for metal cutting shear exports from China, with a 26% share of total exports. Moreover, metal cutting shear exports to the United States exceeded the volume sent to the second major destination, Russia (X tons), fourfold. The third position in this ranking was held by Indonesia (X tons), with a 3.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at +6.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+5.4% per year) and Indonesia (+3.0% per year).

In value terms, the United States ($X) remains the key foreign market for metal cutting shears and similar hand tools exports from China, comprising 33% of total exports. The second position in the ranking was taken by Russia ($X), with a 5.9% share of total exports. It was followed by Germany, with a 3.5% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled +10.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+5.8% per year) and Germany (+24.4% per year).

Export Prices by Country

The average metal cutting shear export price stood at $X per ton in 2022, picking up by 3.3% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. The growth pace was the most rapid in 2014 an increase of 12% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2018; afterwards, it flattened through to 2022.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Cutting Shear Imports

Imports into China

In 2022, after three years of growth, there was significant decline in supplies from abroad of metal cutting shears and similar hand tools, when their volume decreased by -36.3% to X tons. Over the period under review, imports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 218%. Over the period under review, imports hit record highs at X tons in 2021, and then reduced notably in the following year.

In value terms, metal cutting shear imports fell to $X in 2022. Overall, imports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2020 when imports increased by 81%. Imports peaked at $X in 2021, and then shrank in the following year.

Imports by Country

Japan (X tons), Vietnam (X tons) and South Korea (X tons) were the main suppliers of metal cutting shear imports to China, with a combined 16% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +85.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Vietnam ($X) and Germany ($X) were the largest metal cutting shear suppliers to China, together comprising 35% of total imports.

Vietnam, with a CAGR of +83.4%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average metal cutting shear import price stood at $X per ton in 2022, rising by 44% against the previous year. Overall, the import price, however, recorded a abrupt curtailment. The growth pace was the most rapid in 2016 when the average import price increased by 67% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-0.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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