Southern Asia: Hand Saw Market 2025

Hand Saw Market Size in Southern Asia

In 2022, the South Asian hand saw market decreased by -1.5% to $X for the first time since 2016, thus ending a five-year rising trend. Over the period under review, consumption saw a noticeable setback. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Hand Saw Production in Southern Asia

In value terms, hand saw production totaled $X in 2022 estimated in export price. In general, production, however, showed a noticeable contraction. The most prominent rate of growth was recorded in 2019 with an increase of 21% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Hand Saw Exports

Exports in Southern Asia

In 2022, overseas shipments of hand saws increased by 4.3% to X tons, rising for the second year in a row after two years of decline. In general, exports, however, faced a abrupt slump. The pace of growth appeared the most rapid in 2018 with an increase of 29% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, hand saw exports dropped to $X in 2022. Overall, exports, however, showed a abrupt curtailment. The pace of growth was the most pronounced in 2019 when exports increased by 31% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The shipments of the one major exporters of hand saws, namely India, represented more than two-thirds of total export.

India was also the fastest-growing in terms of the hand saws exports, with a CAGR of -10.7% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual rate of growth in terms of value in India stood at -18.1%.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, which is down by -13.6% against the previous year. Over the period under review, the export price saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2019 when the export price increased by 40% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for India amounted to -8.4% per year.

Hand Saw Imports

Imports in Southern Asia

In 2022, approx. X tons of hand saws were imported in Southern Asia; declining by -22.4% on the previous year's figure. Total imports indicated a perceptible increase from 2012 to 2022: its volume increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when imports increased by 33% against the previous year. The volume of import peaked at X tons in 2021, and then declined dramatically in the following year.

In value terms, hand saw imports dropped to $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 30% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

India was the key importer of hand saws in Southern Asia, with the volume of imports finishing at X tons, which was approx. 56% of total imports in 2022. Bangladesh (X tons) ranks second in terms of the total imports with a 23% share, followed by Pakistan (14%). The following importers - Nepal (X tons) and Sri Lanka (X tons) - together made up 5.7% of total imports.

Imports into India increased at an average annual rate of +1.9% from 2012 to 2022. At the same time, Pakistan (+12.7%), Nepal (+11.4%) and Bangladesh (+8.9%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +12.7% from 2012-2022. By contrast, Sri Lanka (-12.1%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Bangladesh, Pakistan and Nepal increased by +8.7, +7.9 and +2 percentage points, respectively.

In value terms, India ($X), Bangladesh ($X) and Pakistan ($X) were the countries with the highest levels of imports in 2022, with a combined 87% share of total imports.

In terms of the main importing countries, Bangladesh, with a CAGR of +12.9%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, picking up by 13% against the previous year. In general, the import price, however, recorded a perceptible decline. The pace of growth appeared the most rapid in 2018 an increase of 19%. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+4.6%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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