China: Straight Saw Blade Market 2025

Straight Saw Blade Market Size in China

For the fifth year in a row, the Chinese straight saw blade market recorded decline in sales value, which decreased by -1.4% to $X in 2021. Overall, consumption showed a deep setback. The pace of growth was the most pronounced in 2016 with an increase of 5.8%. Straight saw blade consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Straight Saw Blade Production in China

In value terms, straight saw blade production expanded to $X in 2021 estimated in export price. Overall, production, however, saw a deep setback. The most prominent rate of growth was recorded in 2016 with an increase of 25%. As a result, production reached the peak level of $X. From 2017 to 2021, production growth remained at a lower figure.

Straight Saw Blade Exports

Exports from China

In 2021, exports of straight saw blades for working metal from China surged to X tons, increasing by 25% on the previous year. In general, exports, however, saw a slight setback. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, straight saw blade exports soared to $X in 2021. The total export value increased at an average annual rate of +2.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons), India (X tons) and the UK (X tons) were the main destinations of straight saw blade exports from China, together comprising 25% of total exports. Vietnam, Belgium, Indonesia, Russia, Thailand, Kazakhstan, Mexico, Bangladesh, Nigeria and Japan lagged somewhat behind, together comprising a further 36%.

From 2012 to 2021, the biggest increases were recorded for Nigeria (with a CAGR of +34.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for straight saw blade exported from China were the United States ($X), the UK ($X) and Mexico ($X), together accounting for 29% of total exports. These countries were followed by Japan, Thailand, Belgium, Vietnam, India, Russia, Nigeria, Indonesia, Kazakhstan and Bangladesh, which together accounted for a further 29%.

Nigeria, with a CAGR of +48.0%, recorded the highest rates of growth with regard to 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 straight saw blade export price amounted to $X per ton, surging by 26% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.9%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Japan ($X per ton), while the average price for exports to Bangladesh ($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 Nigeria (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.

Straight Saw Blade Imports

Imports into China

In 2021, purchases abroad of straight saw blades for working metal increased by 39% to X tons, rising for the second year in a row after two years of decline. Overall, total imports indicated measured growth from 2012 to 2021: its volume increased at an average annual rate of +2.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +43.8% against 2019 indices. The pace of growth was the most pronounced in 2017 when imports increased by 39%. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, straight saw blade imports surged to $X in 2021. Over the period under review, total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +5.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +52.7% against 2018 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States (X tons), Switzerland (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of straight saw blade imports to China, with a combined 90% share of total imports. Mexico, Brazil and Sweden lagged somewhat behind, together accounting for a further 5.6%.

From 2012 to 2021, the biggest increases were recorded for Mexico (with a CAGR of +18.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest straight saw blade suppliers to China were Switzerland ($X), the United States ($X) and Taiwan (Chinese) ($X), with a combined 91% share of total imports. Mexico, Brazil and Sweden lagged somewhat behind, together comprising a further 2.1%.

In terms of the main suppliers, Mexico, with a CAGR of +36.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average straight saw blade import price stood at $X per ton in 2021, growing by 9.8% against the previous year. Over the last nine years, it increased at an average annual rate of +3.1%. The pace of growth appeared the most rapid in 2018 an increase of 22% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of origin: the country with the highest price was Switzerland ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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