Japan: Cutting Blade Market 2025

Cutting Blade Market Size in Japan

In 2021, the Japanese cutting blade market increased by 1.9% to $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption saw a noticeable curtailment. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Cutting Blade Production in Japan

In value terms, cutting blade production reached $X in 2021 estimated in export price. Overall, production saw a perceptible reduction. The growth pace was the most rapid in 2016 with an increase of 22% against the previous year. Cutting blade production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Cutting Blade Exports

Exports from Japan

In 2021, shipments 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 2018, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a pronounced slump. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, cutting blade exports soared to $X in 2021. In general, exports, however, recorded a slight downturn. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

China (X tons), the United States (X tons) and South Korea (X tons) were the main destinations of cutting blade exports from Japan, together accounting for 52% of total exports. Germany, Thailand, Indonesia, Taiwan (Chinese), Hong Kong SAR, Sweden, France, Vietnam and Malaysia lagged somewhat behind, together accounting for a further 35%.

From 2012 to 2021, the biggest increases were recorded for Sweden (with a CAGR of +44.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and Thailand ($X) appeared to be the largest markets for cutting blade exported from Japan worldwide, with a combined 53% share of total exports. These countries were followed by Taiwan (Chinese), South Korea, Hong Kong SAR, Germany, Malaysia, Vietnam, Indonesia, Sweden and France, which together accounted for a further 27%.

Sweden, with a CAGR of +17.3%, saw the highest rates of growth with regard to the value of exports, among 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

In 2021, the average cutting blade export price amounted to $X per ton, with an increase of 3.2% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.8%. The growth pace was the most rapid in 2014 when the average export price increased by 10%. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Malaysia ($X per ton), while the average price for exports to Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+17.8%), while the prices for the other major destinations experienced more modest paces of growth.

Cutting Blade Imports

Imports into Japan

In 2021, after three years of decline, there was growth in supplies from abroad of knives and cutting blades (for machines or for mechanical appliances), when their volume increased by 0.9% to X tons. Over the period under review, imports, however, continue to indicate a slight contraction. The most prominent rate of growth was recorded in 2015 with an increase of 12% against the previous year. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, cutting blade imports expanded sharply to $X in 2021. Overall, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 13% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest cutting blade supplier to Japan, accounting for a 64% share of total imports. Moreover, cutting blade imports from China exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), tenfold. The third position in this ranking was taken by Austria (X tons), with a 4.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+19.6% per year) and Austria (-2.8% per year).

In value terms, China ($X) constituted the largest supplier of knives and cutting blades (for machines or for mechanical appliances) to Japan, comprising 55% of total imports. The second position in the ranking was held by the United States ($X), with a 10% share of total imports. It was followed by Germany, with a 4.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-2.5% per year) and Germany (-3.6% per year).

Import Prices by Country

The average cutting blade import price stood at $X per ton in 2021, rising by 9.9% against the previous year. Over the last nine years, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2018 an increase of 17%. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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