Eastern Asia: Straight Saw Blade Market 2025

Straight Saw Blade Market Size in Eastern Asia

In 2021, the East Asian straight saw blade market was finally on the rise to reach $X after four years of decline. In general, consumption recorded a deep contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Straight Saw Blade Production in Eastern Asia

In value terms, straight saw blade production stood at $X in 2021 estimated in export price. Over the period under review, production, however, recorded a deep reduction. The growth pace was the most rapid in 2016 with an increase of 13% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Straight Saw Blade Exports

Exports in Eastern Asia

Straight saw blade exports soared to X tons in 2021, picking up by 25% compared with 2020 figures. Over the period under review, exports, however, saw a mild setback. The volume of export peaked at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, straight saw blade exports soared to $X in 2021. The total export value increased at an average annual rate of +2.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China prevails in exports structure, finishing at X tons, which was near 92% of total exports in 2021. It was distantly followed by Taiwan (Chinese) (X tons), creating a 7.4% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to straight saw blade exports from China stood at -1.2%. At the same time, Taiwan (Chinese) (+2.0%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of +2.0% from 2012-2021. While the share of Taiwan (Chinese) (+1.8 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest straight saw blade supplier in Eastern Asia, comprising 90% of total exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with an 8.1% share of total exports.

In China, straight saw blade exports increased at an average annual rate of +2.6% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Eastern Asia amounted to $X per ton, rising by 21% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.2%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was Taiwan (Chinese) ($X per ton), while China stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+3.9%).

Straight Saw Blade Imports

Imports in Eastern Asia

In 2021, supplies from abroad of straight saw blades for working metal increased by 31% to X tons for the first time since 2017, thus ending a three-year declining trend. Overall, imports showed a relatively flat trend pattern. Over the period under review, imports reached the peak figure at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, straight saw blade imports surged 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 indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China was the main importing country with an import of around X tons, which amounted to 42% of total imports. South Korea (X tons) held an 18% share (based on physical terms) of total imports, which put it in second place, followed by Japan (17%), Taiwan (Chinese) (12%) and Hong Kong SAR (11%).

Imports into China increased at an average annual rate of +2.1% from 2012 to 2021. At the same time, Japan (+2.8%) and South Korea (+1.3%) displayed positive paces of growth. Moreover, Japan emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of +2.8% from 2012-2021. By contrast, Hong Kong SAR (-1.9%) and Taiwan (Chinese) (-5.7%) illustrated a downward trend over the same period. China (+6.3 p.p.), Japan (+3.5 p.p.) and South Korea (+1.6 p.p.) significantly strengthened its position in terms of the total imports, while Hong Kong SAR and Taiwan (Chinese) saw its share reduced by -2.3% and -9% from 2012 to 2021, respectively.

In value terms, China ($X) constitutes the largest market for imported straight saw blades for working metal in Eastern Asia, comprising 47% of total imports. The second position in the ranking was held by South Korea ($X), with an 18% share of total imports. It was followed by Japan, with a 17% share.

In China, straight saw blade imports increased at an average annual rate of +5.2% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (+1.9% per year) and Japan (+1.7% per year).

Import Prices by Country

In 2021, the import price in Eastern Asia amounted to $X per ton, surging by 9.7% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.8%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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