Malaysia: Band Saw Blade Market 2025

Band Saw Blade Market Size in Malaysia

In 2021, the Malaysian band saw blade market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, continues to indicate a slight setback. Band saw blade consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Band Saw Blade Exports

Exports from Malaysia

In 2021, the amount of band saw blades exported from Malaysia reduced markedly to X tons, dropping by -20% on 2020 figures. Over the period under review, exports, however, showed a resilient increase. The pace of growth appeared the most rapid in 2020 with an increase of 190% against the previous year. As a result, the exports reached the peak of X tons, and then shrank notably in the following year.

In value terms, band saw blade exports dropped to $X in 2021. In general, exports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 89%. As a result, the exports attained the peak of $X, and then dropped slightly in the following year.

Exports by Country

Indonesia (X tons), Thailand (X tons) and Singapore (X tons) were the main destinations of band saw blade exports from Malaysia, with a combined 45% share of total exports. These countries were followed by Germany, Gabon, China, Fiji, Liberia, Papua New Guinea, the United States, Hong Kong SAR and Myanmar, which together accounted for a further 46%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +121.6%), while the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X), Thailand ($X) and Germany ($X) were the largest markets for band saw blade exported from Malaysia worldwide, with a combined 50% share of total exports. Indonesia, the United States, China, Gabon, Liberia, Papua New Guinea, Hong Kong SAR, Fiji and Myanmar lagged somewhat behind, together accounting for a further 38%.

China, with a CAGR of +117.4%, recorded 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

The average band saw blade export price stood at $X per ton in 2021, jumping by 20% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by 25% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Fiji ($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 Myanmar (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.

Band Saw Blade Imports

Imports into Malaysia

In 2021, the amount of band saw blades imported into Malaysia skyrocketed to X tons, increasing by 22% compared with 2020. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of 41%. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, band saw blade imports surged to $X in 2021. In general, imports, however, saw a relatively flat trend pattern. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest band saw blade supplier to Malaysia, accounting for a 40% share of total imports. Moreover, band saw blade imports from China exceeded the figures recorded by the second-largest supplier, Japan (X tons), twofold. The third position in this ranking was held by Germany (X tons), with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +14.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-0.5% per year) and Germany (+3.4% per year).

In value terms, Germany ($X), China ($X) and Japan ($X) were the largest band saw blade suppliers to Malaysia, together accounting for 62% of total imports.

In terms of the main suppliers, China, with a CAGR of +12.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average band saw blade import price amounted to $X per ton, growing by 12% against the previous year. Overall, the import price, however, continues to indicate a slight descent. The most prominent rate of growth was recorded in 2017 an increase of 23% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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