Eastern Europe: Cutting Blade Market 2025

Cutting Blade Market Size in Eastern Europe

The East European cutting blade market was estimated at $X in 2021, growing by 1.5% against the previous year. Overall, consumption continues to indicate a slight descent. 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.

Cutting Blade Production in Eastern Europe

In value terms, cutting blade production declined to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by 17% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.

Cutting Blade Exports

Exports in Eastern Europe

In 2021, cutting blade exports in Eastern Europe rose rapidly to X tons, growing by 14% against the previous year's figure. The total export volume increased at an average annual rate of +3.1% 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.

In value terms, cutting blade exports surged to $X in 2021. Total exports indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +68.2% against 2015 indices. The pace of growth appeared the most rapid in 2018 with an increase of 18%. The level of export peaked in 2021 and is likely to continue growth in years to come.

Exports by Country

The Czech Republic was the main exporting country with an export of about X tons, which resulted at 37% of total exports. Poland (X tons) held a 21% share (based on physical terms) of total exports, which put it in second place, followed by Slovakia (14%), Russia (6.5%), Belarus (6%) and Hungary (5.5%). The following exporters - Ukraine (X tons) and Lithuania (X tons) - each resulted at a 5.8% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Lithuania (with a CAGR of +15.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest cutting blade supplying countries in Eastern Europe were the Czech Republic ($X), Poland ($X) and Slovakia ($X), with a combined 74% share of total exports. These countries were followed by Hungary, Russia, Lithuania, Belarus and Ukraine, which together accounted for a further 20%.

In terms of the main exporting countries, Lithuania, with a CAGR of +17.5%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Eastern Europe amounted to $X per ton, growing by 1.9% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2014 an increase of 19%. As a result, the export price reached the peak level of $X per ton; afterwards, it flattened through to 2021.

Prices varied noticeably country of origin: the country with the highest price was Lithuania ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+5.1%), while the other leaders experienced more modest paces of growth.

Cutting Blade Imports

Imports in Eastern Europe

For the third consecutive year, Eastern Europe recorded growth in purchases abroad of knives and cutting blades (for machines or for mechanical appliances), which increased by 14% to X tons in 2021. Total imports indicated a prominent increase from 2012 to 2021: its volume 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 +26.4% against 2017 indices. The pace of growth was the most pronounced in 2017 when imports increased by 23% against the previous year. The volume of import peaked in 2021 and is likely to see gradual growth in the near future.

In value terms, cutting blade imports skyrocketed to $X in 2021. Total imports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +5.9% 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 +15.8% against 2018 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 23%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Russia (X tons), distantly followed by Poland (X tons), the Czech Republic (X tons), Slovakia (X tons), Romania (X tons), Hungary (X tons), Ukraine (X tons) and Belarus (X tons) represented the major importers of knives and cutting blades (for machines or for mechanical appliances), together constituting 94% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Slovakia (with a CAGR of +15.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cutting blade importing markets in Eastern Europe were Russia ($X), Poland ($X) and the Czech Republic ($X), with a combined 60% share of total imports.

Poland, with a CAGR of +7.4%, saw the highest growth rate of the value of imports, in terms of 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 Eastern Europe stood at $X per ton in 2021, with an increase of 2.3% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 21%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Poland ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+6.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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