France: Cutting Blade Market 2024

Cutting Blade Market Size in France

After two years of growth, the French cutting blade market decreased by -87.6% to $X in 2021. In general, consumption continues to indicate a sharp reduction. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Cutting Blade Production in France

In value terms, cutting blade production totaled $X in 2021 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the production volume increased by 18%. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Cutting Blade Exports

Exports from France

In 2021, overseas shipments of knives and cutting blades (for machines or for mechanical appliances) decreased by -4.6% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, total exports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +5.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +48.2% against 2017 indices. The growth pace was the most rapid in 2020 when exports increased by 57% against the previous year. As a result, the exports attained the peak of X tons, and then reduced in the following year.

In value terms, cutting blade exports rose markedly to $X in 2021. The total export value increased at an average annual rate of +3.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 with an increase of 31%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tons), Germany (X tons) and Belgium (X tons) were the main destinations of cutting blade exports from France, together accounting for 49% of total exports.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +20.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and Italy ($X) constituted the largest markets for cutting blade exported from France worldwide, together comprising 40% of total exports.

Among the main countries of destination, the United States, with a CAGR of +12.8%, 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

The average cutting blade export price stood at $X per ton in 2021, growing by 15% against the previous year. In general, the export price, however, continues to indicate a mild decline. The pace of growth appeared the most rapid in 2016 when the average export price increased by 19% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Spain ($X per ton), while the average price for exports to Austria ($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 the UK (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.

Cutting Blade Imports

Imports into France

After two years of decline, purchases abroad of knives and cutting blades (for machines or for mechanical appliances) increased by 16% to X tons in 2021. In general, total imports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +6.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 with an increase of 36% against the previous year. Over the period under review, imports attained the maximum at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, cutting blade imports surged to $X in 2021. The total import value increased at an average annual rate of +5.2% over the period 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

In 2021, Germany (X tons) constituted the largest cutting blade supplier to France, with a 46% share of total imports. Moreover, cutting blade imports from Germany exceeded the figures recorded by the second-largest supplier, China (X tons), fivefold. The third position in this ranking was taken by Italy (X tons), with a 7.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled +10.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+5.6% per year) and Italy (+0.5% per year).

In value terms, Germany ($X) constituted the largest supplier of knives and cutting blades (for machines or for mechanical appliances) to France, comprising 39% of total imports. The second position in the ranking was taken by China ($X), with a 7.3% share of total imports. It was followed by the Netherlands, with a 6.7% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled +6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+3.0% per year) and the Netherlands (+30.8% per year).

Import Prices by Country

In 2021, the average cutting blade import price amounted to $X per ton, increasing by 6.2% against the previous year. Overall, the import price, however, showed a mild curtailment. The most prominent rate of growth was recorded in 2017 an increase of 38% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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