Hong Kong SAR, China: Straight Saw Blade Market 2025

Straight Saw Blade Market Size in Hong Kong SAR, China

The Hong Kong straight saw blade market surged to $X in 2021, increasing by 172% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, recorded a slight setback. Straight saw blade consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Straight Saw Blade Exports

Exports from Hong Kong SAR, China

In 2021, the amount of straight saw blades for working metal exported from Hong Kong SAR dropped markedly to X tons, declining by -64.5% against 2020 figures. Overall, exports recorded a deep reduction. The pace of growth appeared the most rapid in 2020 when exports increased by 66% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, straight saw blade exports declined dramatically to $X in 2021. In general, exports saw a abrupt setback. The growth pace was the most rapid in 2013 with an increase of 45%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X tons), China (X tons) and the UK (X tons) were the main destinations of straight saw blade exports from Hong Kong SAR, together comprising 80% of total exports.

From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of +43.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and the UK ($X) were the largest markets for straight saw blade exported from Hong Kong SAR worldwide, together accounting for 80% of total exports.

The UK, with a CAGR of +49.3%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average straight saw blade export price stood at $X per ton in 2021, surging by 49% against the previous year. Overall, export price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2021, the highest price was recorded for prices to Singapore ($X per ton) and Malaysia ($X per ton), while the average price for exports to the UK ($X per ton) and the United States ($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 Japan (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.

Straight Saw Blade Imports

Imports into Hong Kong SAR, China

In 2021, the amount of straight saw blades for working metal imported into Hong Kong SAR soared to X tons, increasing by 59% on the previous year's figure. Overall, imports, however, recorded a slight reduction. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, straight saw blade imports surged to $X in 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), Switzerland (X tons) and the UK (X tons) were the main suppliers of straight saw blade imports to Hong Kong SAR, together comprising 79% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +37.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Switzerland ($X) and the UK ($X) were the largest straight saw blade suppliers to Hong Kong SAR, together accounting for 79% of total imports.

In terms of the main suppliers, the UK, with a CAGR of +41.1%, 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

In 2021, the average straight saw blade import price amounted to $X per ton, picking up by 7.2% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.5%. The pace of growth appeared the most rapid in 2020 when the average import price increased by 29% against the previous year. Over the period under review, average import prices attained the peak figure in 2021 and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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