Southern Asia: Band Saw Blade Market 2025

Band Saw Blade Market Size in Southern Asia

The South Asian band saw blade market expanded to $X in 2021, increasing by 4.4% against the previous year. The market value increased at an average annual rate of +5.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs in 2021 and is likely to see steady growth in years to come.

Band Saw Blade Production in Southern Asia

In value terms, band saw blade production contracted slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of 19% against the previous year. The level of production peaked at $X in 2020, and then contracted modestly in the following year.

Band Saw Blade Exports

Exports in Southern Asia

Band saw blade exports skyrocketed to X tons in 2021, rising by 51% compared with 2020. In general, exports, however, showed a pronounced shrinkage. The growth pace was the most rapid in 2014 with an increase of 71%. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, band saw blade exports skyrocketed to $X in 2021. Over the period under review, exports, however, saw a perceptible decrease. The most prominent rate of growth was recorded in 2020 with an increase of 31%. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The shipments of the one major exporters of band saw blades, namely India, represented more than two-thirds of total export.

India was also the fastest-growing in terms of the band saw blades exports, with a CAGR of -4.7% from 2012 to 2021. From 2012 to 2021, the share of India increased by +1.8 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest band saw blade supplier in Southern Asia.

From 2012 to 2021, the average annual growth rate of value in India stood at -3.0%.

Export Prices by Country

In 2021, the export price in Southern Asia amounted to $X per ton, with a decrease of -13.5% against the previous year. Export price indicated slight growth from 2012 to 2021: its price increased at an average annual rate of +1.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, band saw blade export price decreased by -9.6% against 2016 indices. The growth pace was the most rapid in 2015 an increase of 73%. The level of export peaked at $X per ton in 2020, and then fell in the following year.

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

From 2012 to 2021, the rate of growth in terms of prices for India amounted to +1.8% per year.

Band Saw Blade Imports

Imports in Southern Asia

In 2021, overseas purchases of band saw blades were finally on the rise to reach X tons after two years of decline. The total import volume increased at an average annual rate of +4.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The volume of import peaked at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, band saw blade imports soared to $X in 2021. Total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

India prevails in imports structure, accounting for X tons, which was near 94% of total imports in 2021. Sri Lanka (X tons) and Pakistan (X tons) held a relatively small share of total imports.

Imports into India increased at an average annual rate of +4.8% from 2012 to 2021. At the same time, Sri Lanka (+14.2%) and Pakistan (+13.3%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +14.2% from 2012-2021. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported band saw blades in Southern Asia, comprising 91% of total imports. The second position in the ranking was held by Sri Lanka ($X), with a 5% share of total imports.

In India, band saw blade imports increased at an average annual rate of +5.8% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Sri Lanka (+17.1% per year) and Pakistan (+11.1% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2021, growing by 12% 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 when the import price increased by 22%. The level of import peaked in 2021 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Sri Lanka ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sri Lanka (+2.5%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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