GCC: Straight Saw Blade Market 2025

Straight Saw Blade Market Size in GCC

The GCC straight saw blade market skyrocketed to $X in 2021, jumping by 46% against the previous year. In general, consumption, however, continues to indicate a deep reduction. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Straight Saw Blade Production in GCC

In value terms, straight saw blade production contracted modestly to $X in 2021 estimated in export price. Over the period under review, production posted a significant increase. The pace of growth appeared the most rapid in 2015 when the production volume increased by 49,341% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2021, production growth remained at a somewhat lower figure.

Straight Saw Blade Exports

Exports in GCC

For the third year in a row, GCC recorded growth in shipments abroad of straight saw blades for working metal, which increased by 155% to X tons in 2021. Over the period under review, exports posted a prominent increase. The pace of growth was the most pronounced in 2015 when exports increased by 155%. The volume of export peaked in 2021 and is expected to retain growth in the near future.

In value terms, straight saw blade exports surged to $X in 2021. In general, exports continue to indicate a modest increase. The most prominent rate of growth was recorded in 2019 when exports increased by 74% against the previous year. The level of export peaked in 2021 and is likely to see steady growth in years to come.

Exports by Country

The United Arab Emirates represented the main exporting country with an export of about X tons, which reached 71% of total exports. It was distantly followed by Bahrain (X tons), making up a 25% share of total exports. Saudi Arabia (X tons) followed a long way behind the leaders.

Exports from the United Arab Emirates increased at an average annual rate of +11.8% from 2012 to 2021. At the same time, Saudi Arabia (+119.2%) and Bahrain (+42.9%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest-growing exporter exported in GCC, with a CAGR of +119.2% from 2012-2021. While the share of Bahrain (+22 p.p.) and Saudi Arabia (+2.8 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of the United Arab Emirates (-20.9 p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X) remains the largest straight saw blade supplier in GCC, comprising 77% of total exports. The second position in the ranking was taken by Bahrain ($X), with a 19% share of total exports.

In the United Arab Emirates, straight saw blade exports remained relatively stable over the period from 2012-2021. In the other countries, the average annual rates were as follows: Bahrain (+38.3% per year) and Saudi Arabia (+35.0% per year).

Export Prices by Country

In 2021, the export price in GCC amounted to $X per ton, declining by -36.7% against the previous year. Overall, the export price showed a deep reduction. The growth pace was the most rapid in 2016 when the export price increased by 155% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bahrain (-3.2%), while the other leaders experienced a decline in the export price figures.

Straight Saw Blade Imports

Imports in GCC

In 2021, approx. X tons of straight saw blades for working metal were imported in GCC; with an increase of 88% compared with the previous year's figure. Over the period under review, imports, however, saw a abrupt curtailment. The pace of growth appeared the most rapid in 2019 with an increase of 238%. The volume of import peaked at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, straight saw blade imports soared to $X in 2021. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 243% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, the United Arab Emirates (X tons) represented the main importer of straight saw blades for working metal, mixing up 77% of total imports. Qatar (X tons) held the second position in the ranking, distantly followed by Oman (X tons). All these countries together took approx. 19% share of total imports. Bahrain (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to straight saw blade imports into the United Arab Emirates stood at +1.9%. At the same time, Qatar (+32.7%) and Oman (+19.9%) displayed positive paces of growth. Moreover, Qatar emerged as the fastest-growing importer imported in GCC, with a CAGR of +32.7% from 2012-2021. By contrast, Bahrain (-11.1%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (+56 p.p.), Qatar (+13 p.p.) and Oman (+5.1 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported straight saw blades for working metal in GCC, comprising 86% of total imports. The second position in the ranking was held by Qatar ($X), with a 7.5% share of total imports. It was followed by Oman, with a 3.2% share.

In the United Arab Emirates, straight saw blade imports expanded at an average annual rate of +3.6% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Qatar (+15.4% per year) and Oman (+13.3% per year).

Import Prices by Country

In 2021, the import price in GCC amounted to $X per ton, with an increase of 5.7% against the previous year. Over the period under review, the import price posted strong growth. The pace of growth was the most pronounced in 2015 when the import price increased by 244%. Over the period under review, import prices hit record highs at $X per ton in 2017; afterwards, it flattened through to 2021.

Prices varied noticeably country of destination: the country with the highest price was the United Arab Emirates ($X per ton), while Qatar ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bahrain (+7.6%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform