Ireland: Band Saw Blade Market 2024

Band Saw Blade Market Size in Ireland

The Irish band saw blade market reduced slightly to $X in 2021, with a decrease of -2.5% 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, the total consumption indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +6.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +9.9% against 2019 indices. Band saw blade consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Band Saw Blade Exports

Exports from Ireland

In 2021, overseas shipments of band saw blades increased by 3,777% to X kg, rising for the second year in a row after two years of decline. In general, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, band saw blade exports soared to $X in 2021. Over the period under review, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The UK (X kg) was the main destination for band saw blade exports from Ireland, with a 94% share of total exports. Moreover, band saw blade exports to the UK exceeded the volume sent to the second major destination, Italy (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to the UK amounted to +110.3%.

In value terms, the UK ($X) remains the key foreign market for band saw blades exports from Ireland, comprising 99% of total exports. The second position in the ranking was taken by Italy ($X), with a 0.6% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the UK amounted to +64.9%.

Export Prices by Country

In 2021, the average band saw blade export price amounted to $X per ton, surging by 153% against the previous year. Over the period under review, the export price, however, saw a pronounced decrease. The pace of growth was the most pronounced in 2014 when the average export price increased by 180%. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Italy totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+91.9%).

Band Saw Blade Imports

Imports into Ireland

In 2021, approx. X tons of band saw blades were imported into Ireland; with a decrease of -6.6% against the year before. Over the period under review, total imports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +6.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +14.1% against 2019 indices. The growth pace was the most rapid in 2014 with an increase of 85%. Over the period under review, imports attained the maximum at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, band saw blade imports skyrocketed to $X in 2021. Overall, total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +5.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -5.8% against 2019 indices. The growth pace was the most rapid in 2014 when imports increased by 26% against the previous year. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the UK (X tons) constituted the largest band saw blade supplier to Ireland, with a 87% share of total imports. Moreover, band saw blade imports from the UK exceeded the figures recorded by the second-largest supplier, Germany (X tons), ninefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from the UK totaled +6.3%.

In value terms, the UK ($X) constituted the largest supplier of band saw blades to Ireland, comprising 47% of total imports. The second position in the ranking was taken by Germany ($X), with an 11% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the UK totaled +1.9%.

Import Prices by Country

In 2021, the average band saw blade import price amounted to $X per ton, increasing by 31% against the previous year. Over the period under review, the import price, however, recorded a slight descent. The pace of growth appeared the most rapid in 2017 an increase of 34% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the UK amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (-4.2%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :