Report Update Nov 1, 2024

World - Knives and Cutting Blades (For Machines or for Mechanical Appliances) - Market Analysis, Forecast, Size, Trends and Insights

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Global Cutting Blade Market 2024

Cutting Blade Market Size

The global cutting blade market totaled $X in 2021, increasing by 1.8% against the previous year. In general, consumption continues to indicate mild growth. Global consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Cutting Blade Production

In value terms, cutting blade production stood at $X in 2021 estimated in export price. In general, production continues to indicate a perceptible decline. The growth pace was the most rapid in 2014 when the production volume increased by 68%. As a result, production reached the peak level of $X. From 2015 to 2021, global production growth failed to regain momentum.

Cutting Blade Exports

Exports

In 2021, the amount of knives and cutting blades (for machines or for mechanical appliances) exported worldwide surged to X tons, increasing by 21% on 2020. The total export volume increased at an average annual rate of +4.0% 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.

In value terms, cutting blade exports surged to $X in 2021. The total export value increased at an average annual rate of +3.6% 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.

Exports by Country

In 2021, China (X tons) and Germany (X tons) were the key exporters of knives and cutting blades (for machines or for mechanical appliances)around the world, together making up 40% of total exports. Austria (X tons) held the next position in the ranking, followed by France (X tons). All these countries together took near 15% share of total exports. The Netherlands (X tons), the Czech Republic (X tons), Italy (X tons), the United States (X tons), Japan (X tons), Taiwan (Chinese) (X tons), South Korea (X tons), Turkey (X tons) and India (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +57.6%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest cutting blade supplying countries worldwide were Germany ($X), China ($X) and the United States ($X), with a combined 44% share of global exports. Japan, Austria, Italy, the Netherlands, France, Taiwan (Chinese), the Czech Republic, South Korea, India and Turkey lagged somewhat behind, together accounting for a further 30%.

Among the main exporting countries, Turkey, with a CAGR of +16.1%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average cutting blade export price stood at $X per ton in 2021, remaining stable against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 6%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was the United States ($X per ton), while Turkey ($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 Netherlands (+7.8%), while the other global leaders experienced more modest paces of growth.

Cutting Blade Imports

Imports

In 2021, global imports of knives and cutting blades (for machines or for mechanical appliances) skyrocketed to X tons, growing by 23% against 2020. The total import volume 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 attained the peak and are likely to continue growth in the immediate term.

In value terms, cutting blade imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +3.4% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the United States (X tons), Germany (X tons), Vietnam (X tons), Mexico (X tons), Russia (X tons), Indonesia (X tons), France (X tons), China (X tons), the Netherlands (X tons), India (X tons), the UK (X tons) and Ireland (X tons) represented the key importer of knives and cutting blades (for machines or for mechanical appliances) in the world, committing 50% of total import. Spain (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +50.2%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and Germany ($X) were the countries with the highest levels of imports in 2021, together comprising 37% of global imports. Vietnam, Mexico, the Netherlands, Russia, France, the UK, Spain, Indonesia, India and Ireland lagged somewhat behind, together comprising a further 23%.

In terms of the main importing countries, Ireland, with a CAGR of +15.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average cutting blade import price amounted to $X per ton, shrinking by -3.7% against the previous year. Overall, the import price recorded a mild setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by 6.8% against the previous year. Global import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.9%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for knives and cutting blades (for machines or for mechanical appliances) in the world?

China constituted the country with the largest volume of cutting blade consumption, comprising approx. 28% of total volume. Moreover, cutting blade consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with an 8.3% share.

What are the largest producers of knives and cutting blades (for machines or for mechanical appliances) in the world?

The country with the largest volume of cutting blade production was China, comprising approx. 33% of total volume. Moreover, cutting blade production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by the United States, with a 9.3% share.

What are the leading suppliers of knives and cutting blades (for machines or for mechanical appliances) in the world?

In value terms, the largest cutting blade supplying countries worldwide were Germany, China and the United States, with a combined 43% share of global exports. Japan, Austria, France, Italy, the Netherlands, the Czech Republic, Taiwan Chinese), South Korea, Slovenia and India lagged somewhat behind, together accounting for a further 31%.

What are the leading importers of knives and cutting blades (for machines or for mechanical appliances) in the world?

In value terms, China constitutes the largest market for imported knives and cutting blades for machines or for mechanical appliances) worldwide, comprising 23% of global imports. The second position in the ranking was occupied by the United States, with a 9.8% share of global imports. It was followed by Germany, with a 6.3% share.

What is the average export price for knives and cutting blades (for machines or for mechanical appliances) in the world?

The average cutting blade export price stood at $20,106 per ton in 2020, with a decrease of -4.9% against the previous year.

What is the average import price for knives and cutting blades (for machines or for mechanical appliances) in the world?

The average cutting blade import price stood at $21,617 per ton in 2020, with an increase of 7.5% against the previous year.

This report provides an in-depth analysis of the global cutting blade market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 25736043 - Knives and cutting blades for machines or for mechanical appliances for working metal
Prodcom 25736045 - Knives and cutting blades for machines or for mechanical appliances for working wood
Prodcom 25736053 -
Prodcom 25736055 -
Prodcom 25736063 - Knives and cutting blades for agricultural, horticultural or forestry machines (excluding coulters for ploughs, discs for harrows)
Prodcom 25736065 - Knives and cutting blades, for machines or for mechanical appliances

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

Global market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Global production, split by region and country
Global trade (exports and imports)
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023