Report Hong Kong SAR, China - Knives and Cutting Blades (For Machines or for Mechanical Appliances) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Mar 1, 2025

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

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Hong Kong SAR, China: Cutting Blade Market 2025

Cutting Blade Market Size in Hong Kong SAR, China

The Hong Kong cutting blade market totaled $X in 2021, picking up by 9.7% against the previous year. Overall, consumption continues to indicate a strong increase. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Cutting Blade Production in Hong Kong SAR, China

In value terms, cutting blade production rose remarkably to $X in 2021 estimated in export price. Overall, production posted prominent growth. The pace of growth appeared the most rapid in 2019 with an increase of 59% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.

Cutting Blade Exports

Exports from Hong Kong SAR, China

In 2021, shipments abroad of knives and cutting blades (for machines or for mechanical appliances) decreased by -6% to X tons, falling for the fourth year in a row after four years of growth. Overall, exports, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2017 when exports increased by 71% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, cutting blade exports dropped remarkably to $X in 2021. Over the period under review, exports saw a noticeable downturn. The most prominent rate of growth was recorded in 2017 when exports increased by 15%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

China (X tons) was the main destination for cutting blade exports from Hong Kong SAR, accounting for a 80% share of total exports. Moreover, cutting blade exports to China exceeded the volume sent to the second major destination, the United States (X tons), more than tenfold. The third position in this ranking was held by France (X tons), with a 1.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to China totaled +8.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+12.5% per year) and France (+27.3% per year).

In value terms, China ($X) remains the key foreign market for knives and cutting blades (for machines or for mechanical appliances) exports from Hong Kong SAR, comprising 79% of total exports. The second position in the ranking was taken by the United States ($X), with a 2.6% share of total exports. It was followed by France, with a 1.9% share.

From 2012 to 2021, the average annual growth rate of value to China amounted to -2.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-1.3% per year) and France (+12.6% per year).

Export Prices by Country

The average cutting blade export price stood at $X per ton in 2021, which is down by -10.4% against the previous year. In general, the export price showed a abrupt contraction. The pace of growth appeared the most rapid in 2020 when the average export price increased by 18%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2021, the highest price was recorded for prices to Japan ($X per ton) and France ($X per ton), while the average price for exports to the United States ($X per ton) and China ($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 China (-10.0%), while the prices for the other major destinations experienced a decline.

Cutting Blade Imports

Imports into Hong Kong SAR, China

In 2021, supplies from abroad of knives and cutting blades (for machines or for mechanical appliances) was finally on the rise to reach X tons for the first time since 2016, thus ending a four-year declining trend. In general, imports posted a perceptible increase. The most prominent rate of growth was recorded in 2016 when imports increased by 409%. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, cutting blade imports surged to $X in 2021. Overall, imports, however, recorded a deep reduction. The pace of growth appeared the most rapid in 2014 when imports increased by 30%. Imports peaked at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

China (X tons), Japan (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of cutting blade imports to Hong Kong SAR, together comprising 70% of total imports. These countries were followed by the United States, Germany, Singapore and Italy, which together accounted for a further 22%.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +15.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Japan ($X) and Taiwan (Chinese) ($X) constituted the largest cutting blade suppliers to Hong Kong SAR, together accounting for 71% of total imports. These countries were followed by the United States, Germany, Singapore and Italy, which together accounted for a further 21%.

Among the main suppliers, the United States, with a CAGR of +4.4%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average cutting blade import price amounted to $X per ton, approximately mirroring the previous year. Over the period under review, the import price saw a abrupt downturn. The most prominent rate of growth was recorded in 2013 an increase of 171% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the highest price was recorded for prices from China ($X per ton) and Japan ($X per ton), while the price for the United States ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (-5.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China constituted the country with the largest volume of cutting blade consumption, accounting for 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.
China constituted the country with the largest volume of cutting blade production, accounting for 33% of total volume. Moreover, cutting blade production in China exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with a 9.3% share.
In value terms, the largest cutting blade suppliers to Hong Kong SAR were China, Japan and Taiwan Chinese), with a combined 68% share of total imports. These countries were followed by the United States, Germany, Sweden, Singapore, the UK, Thailand, South Korea and Austria, which together accounted for a further 26%.
In value terms, China remains the key foreign market for cutting blade exports from Hong Kong SAR, comprising 87% of total exports. The second position in the ranking was occupied by Vietnam, with a 1.6% share of total exports. It was followed by the Philippines, with a 1.5% share.
The average cutting blade export price stood at $192,905 per ton in 2020, with an increase of 205% against the previous year.
The average cutting blade import price stood at $56,238 per ton in 2020, jumping by 32% against the previous year.

This report provides an in-depth analysis of the cutting 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 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:

  • 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
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 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. 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
  12. 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

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