EU: Band Saw Blade Market 2024

Band Saw Blade Market Size in the EU

In 2021, the EU band saw blade market decreased by -23.9% to $X, falling for the second year in a row after three years of growth. In general, consumption continues to indicate a mild descent. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Band Saw Blade Production in the EU

In value terms, band saw blade production totaled $X in 2021 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 26%. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Band Saw Blade Exports

Exports in the EU

After two years of decline, shipments abroad of band saw blades increased by 22% to X tons in 2021. The total export volume increased at an average annual rate of +2.9% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat 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.

In value terms, band saw blade exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +1.6% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat 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

In 2021, Germany (X tons) represented the key exporter of band saw blades, achieving 47% of total exports. Poland (X tons) took a 15% share (based on physical terms) of total exports, which put it in second place, followed by Sweden (9.3%), the Netherlands (6.1%), Italy (6%) and Austria (5.4%). The following exporters - France (X tons) and Estonia (X tons) - each reached a 4.3% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to band saw blade exports from Germany stood at +1.4%. At the same time, Italy (+18.6%), Poland (+10.8%), Estonia (+3.2%) and Austria (+1.6%) displayed positive paces of growth. Moreover, Italy emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +18.6% from 2012-2021. Sweden experienced a relatively flat trend pattern. By contrast, France (-1.6%) and the Netherlands (-3.7%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Poland and Italy increased by +7.3 and +4.3 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest band saw blade supplier in the European Union, comprising 56% of total exports. The second position in the ranking was taken by Poland ($X), with an 8% share of total exports. It was followed by Austria, with a 7.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Germany amounted to +1.1%. In the other countries, the average annual rates were as follows: Poland (+11.5% per year) and Austria (+2.6% per year).

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per ton, therefore, remained relatively stable against the previous year. Overall, the export price, however, recorded a mild downturn. The pace of growth appeared the most rapid in 2017 when the export price increased by 7.5%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Austria ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+1.1%), while the other leaders experienced more modest paces of growth.

Band Saw Blade Imports

Imports in the EU

In 2021, after two years of decline, there was significant growth in purchases abroad of band saw blades, when their volume increased by 17% to X tons. The total import volume increased at an average annual rate of +3.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 when imports increased by 23%. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, band saw blade imports soared to $X in 2021. The total import value increased at an average annual rate of +3.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 when imports increased by 26% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Italy (X tons), distantly followed by Poland (X tons), Germany (X tons), Ireland (X tons), the Netherlands (X tons), Spain (X tons), France (X tons) and Sweden (X tons) represented the largest importers of band saw blades, together creating 74% of total imports. The Czech Republic (X tons), Romania (X tons), Estonia (X tons), Austria (X tons) and Lithuania (X tons) held a little share of total imports.

From 2012 to 2021, the biggest increases were recorded for Lithuania (with a CAGR of +13.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest band saw blade importing markets in the European Union were Italy ($X), Germany ($X) and Poland ($X), together comprising 47% of total imports.

Poland, with a CAGR of +12.4%, 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

In 2021, the import price in the European Union amounted to $X per ton, approximately equating the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the import price increased by 5.4% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Austria ($X per ton), while Ireland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+6.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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