Report Update Jan 1, 2025

Hong Kong SAR, China - Band Saw Blades - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Band Saw Blade Market 2025

Band Saw Blade Market Size in Hong Kong SAR, China

In 2021, the Hong Kong band saw blade market decreased by -85.7% to $X for the first time since 2017, thus ending a three-year rising trend. Overall, consumption recorded a drastic downturn. Over the period under review, the market hit record highs at $X in 2020, and then dropped markedly in the following year.

Band Saw Blade Exports

Exports from Hong Kong SAR, China

In 2021, after three years of decline, there was significant growth in shipments abroad of band saw blades, when their volume increased by 24% to X tons. Over the period under review, exports, however, saw a abrupt decrease. The growth pace was the most rapid in 2014 when exports increased by 73%. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, band saw blade exports soared to $X in 2021. In general, exports, however, saw a deep slump. The most prominent rate of growth was recorded in 2014 when exports increased by 79%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for band saw blade exports from Hong Kong SAR, accounting for a 65% share of total exports. Moreover, band saw blade exports to China exceeded the volume sent to the second major destination, the Philippines (X tons), sixfold. The third position in this ranking was held by Germany (X kg), with a 3.6% share.

From 2012 to 2021, the average annual growth rate of volume to China amounted to -5.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (-14.7% per year) and Germany (+784.8% per year).

In value terms, China ($X) remains the key foreign market for band saw blades exports from Hong Kong SAR, comprising 65% of total exports. The second position in the ranking was held by the Philippines ($X), with an 11% share of total exports. It was followed by Germany, with a 3.6% share.

From 2012 to 2021, the average annual growth rate of value to China amounted to -5.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (-14.7% per year) and Germany (+809.5% per year).

Export Prices by Country

The average band saw blade export price stood at $X per ton in 2021, approximately equating the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 9.9%. 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 lower figure.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Mexico ($X per ton) and Indonesia ($X per ton), while the average price for exports to Japan ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+2.2%), while the prices for the other major destinations experienced a decline.

Band Saw Blade Imports

Imports into Hong Kong SAR, China

In 2021, the amount of band saw blades imported into Hong Kong SAR declined significantly to X tons, which is down by -78% compared with the year before. Over the period under review, imports faced a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 138% against the previous year. As a result, imports reached the peak of X tons, and then dropped markedly in the following year.

In value terms, band saw blade imports contracted sharply to $X in 2021. In general, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 132%. As a result, imports reached the peak of $X, and then fell dramatically in the following year.

Imports by Country

Germany (X tons), China (X tons) and Switzerland (X tons) were the main suppliers of band saw blade imports to Hong Kong SAR, together comprising 67% of total imports.

From 2012 to 2021, the biggest increases were recorded for Switzerland (with a CAGR of +37.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest band saw blade suppliers to Hong Kong SAR were Germany ($X), China ($X) and Switzerland ($X), with a combined 67% share of total imports.

In terms of the main suppliers, Switzerland, with a CAGR of +36.5%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average band saw blade import price stood at $X per ton in 2021, picking up by 9% against the previous year. Overall, the import price saw a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were the United States ($X per ton) and the UK ($X per ton), while the price for Sweden ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for band saw blades in the world?

China constituted the country with the largest volume of band saw blade consumption, accounting for 29% of total volume. Moreover, band saw blade consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. India ranked third in terms of total consumption with a 9.6% share.

What are the largest producers of band saw blades in the world?

China remains the largest band saw blade producing country worldwide, accounting for 29% of total volume. Moreover, band saw blade production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was occupied by Germany, with a 10% share.

What are the leading suppliers of band saw blades to Hong Kong SAR, China?

In value terms, the largest band saw blade suppliers to Hong Kong SAR were Germany, China and Switzerland, together accounting for 67% of total imports. These countries were followed by Sweden, the UK, Singapore, Taiwan Chinese) and the Netherlands, which together accounted for a further 29%.

What are the leading importers of band saw blades from Hong Kong SAR, China?

In value terms, China remains the key foreign market for band saw blade exports from Hong Kong SAR, comprising 66% of total exports. The second position in the ranking was occupied by the Philippines, with an 11% share of total exports. It was followed by Germany, with a 3.7% share.

What is the average export price for band saw blades in Hong Kong SAR, China?

The average band saw blade export price stood at $19,232 per ton in 2021, remaining relatively unchanged against the previous year.

What is the average import price for band saw blades in Hong Kong SAR, China?

The average band saw blade import price stood at $19,070 per ton in 2021, approximately mirroring the previous year.

This report provides an in-depth analysis of the band saw blade market in Hong Kong SAR, China. 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 25732020 - Band saw blades

Country coverage:

Hong Kong SAR

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Hong Kong SAR, China
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
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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. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024