Mexico: Band Saw Blade Market 2025

Band Saw Blade Market Size in Mexico

The Mexican band saw blade market stood at $X in 2021, surging by 1.7% against the previous year. Overall, the total consumption indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +2.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -15.3% against 2019 indices. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Band Saw Blade Production in Mexico

In value terms, band saw blade production totaled $X in 2021 estimated in export price. Over the period under review, the total production indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +3.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -11.6% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of 31% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Band Saw Blade Exports

Exports from Mexico

In 2021, shipments abroad of band saw blades increased by 145% to X tons, rising for the second year in a row after three years of decline. In general, exports continue to indicate measured growth. As a result, the exports reached 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 recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when exports increased by 114%. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for band saw blade exports from Mexico, accounting for a approx. 99.9% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States amounted to +3.3%.

In value terms, the United States ($X) also remains the key foreign market for band saw blades exports from Mexico.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States was relatively modest.

Export Prices by Country

In 2021, the average band saw blade export price amounted to $X per ton, with a decrease of -46.8% against the previous year. Overall, the export price showed a pronounced decline. The most prominent rate of growth was recorded in 2016 an increase of 96% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to -2.7% per year.

Band Saw Blade Imports

Imports into Mexico

In 2021, band saw blade imports into Mexico skyrocketed to X tons, rising by 108% against the previous year. In general, imports saw moderate growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, band saw blade imports soared to $X in 2021. The total import value increased at an average annual rate of +3.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of band saw blade to Mexico, with a 61% share of total imports. Moreover, band saw blade imports from the United States exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold. China (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+7.5% per year) and China (+18.5% per year).

In value terms, the United States ($X) constituted the largest supplier of band saw blades to Mexico, comprising 59% of total imports. The second position in the ranking was held by Germany ($X), with a 26% share of total imports. It was followed by China, with a 4.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled +1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+7.7% per year) and China (+22.9% per year).

Import Prices by Country

The average band saw blade import price stood at $X per ton in 2021, with a decrease of -32.3% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 126% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2016; however, from 2017 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, amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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