Southern Asia: Straight Saw Blade Market 2025

Straight Saw Blade Market Size in Southern Asia

The South Asian straight saw blade market skyrocketed to $X in 2021, with an increase of 30% against the previous year. Overall, consumption, however, continues to indicate a deep downturn. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Straight Saw Blade Production in Southern Asia

In value terms, straight saw blade production surged to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a pronounced downturn. The most prominent rate of growth was recorded in 2019 when the production volume increased by 52%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Straight Saw Blade Exports

Exports in Southern Asia

In 2021, the amount of straight saw blades for working metal exported in Southern Asia soared to X tons, jumping by 70% on 2020 figures. Overall, exports posted perceptible growth. The most prominent rate of growth was recorded in 2019 when exports increased by 911% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, straight saw blade exports soared to $X in 2021. In general, exports showed a prominent increase. The most prominent rate of growth was recorded in 2019 with an increase of 1,204% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

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

India was also the fastest-growing in terms of the straight saw blades for working metal exports, with a CAGR of +4.4% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

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

From 2012 to 2021, the average annual rate of growth in terms of value in India stood at +7.3%.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2021, with a decrease of -15.1% against the previous year. Export price indicated a notable increase from 2012 to 2021: its price increased at an average annual rate of +2.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, straight saw blade export price decreased by -27.9% against 2019 indices. The growth pace was the most rapid in 2019 when the export price increased by 29% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the export prices remained at a somewhat lower figure.

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 +2.7% per year.

Straight Saw Blade Imports

Imports in Southern Asia

In 2021, overseas purchases of straight saw blades for working metal increased by 22% to X tons, rising for the third year in a row after three years of decline. Over the period under review, imports, however, recorded a abrupt shrinkage. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, straight saw blade imports dropped modestly to $X in 2021. In general, imports, however, recorded a noticeable descent. The pace of growth appeared the most rapid in 2020 when imports increased by 20%. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

India was the major importing country with an import of about X tons, which accounted for 68% of total imports. It was distantly followed by Bangladesh (X tons) and Sri Lanka (X tons), together making up a 30% share of total imports. Pakistan (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to straight saw blade imports into India stood at -8.4%. At the same time, Bangladesh (+23.2%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +23.2% from 2012-2021. Sri Lanka experienced a relatively flat trend pattern. By contrast, Pakistan (-6.7%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Bangladesh and Sri Lanka increased by +19 and +3.2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest straight saw blade importing markets in Southern Asia were India ($X), Bangladesh ($X) and Sri Lanka ($X), together accounting for 96% of total imports.

Bangladesh, with a CAGR of +11.5%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2021, the import price in Southern Asia amounted to $X per ton, with a decrease of -18.9% against the previous year. Import price indicated a perceptible increase from 2012 to 2021: its price increased at an average annual rate of +3.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 an increase of 30% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2020, and then shrank notably in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Sri Lanka ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+7.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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