Sweden: Band Saw Blade Market 2024

Band Saw Blade Market Size in Sweden

In 2021, the Swedish band saw blade market decreased by -19.4% to $X, falling for the third year in a row after two years of growth. In general, consumption continues to indicate a pronounced decline. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Band Saw Blade Production in Sweden

In value terms, band saw blade production surged to $X in 2021 estimated in export price. Overall, production, however, recorded a slight descent. Band saw blade production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Band Saw Blade Exports

Exports from Sweden

In 2021, approx. X tons of band saw blades were exported from Sweden; picking up by 27% against 2020. In general, exports showed modest growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, band saw blade exports skyrocketed to $X in 2021. Overall, exports, however, recorded a relatively flat trend pattern. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Estonia (X tons), the United States (X tons) and Germany (X tons) were the main destinations of band saw blade exports from Sweden, with a combined 45% share of total exports. These countries were followed by Poland, Canada, Russia, Thailand, Australia, China, Finland, Norway, Latvia and Spain, which together accounted for a further 32%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +9.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for band saw blade exported from Sweden were the United States ($X), Estonia ($X) and Germany ($X), with a combined 33% share of total exports. These countries were followed by Poland, Thailand, Norway, Canada, China, Russia, Australia, Finland, Spain and Latvia, which together accounted for a further 36%.

Poland, with a CAGR of +7.9%, 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

In 2021, the average band saw blade export price amounted to $X per ton, approximately mirroring the previous year. In general, the export price, however, showed a mild downturn. The most prominent rate of growth was recorded in 2018 when the average export price increased by 5.4% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Estonia ($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 Russia (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.

Band Saw Blade Imports

Imports into Sweden

In 2021, after two years of decline, there was significant growth in purchases abroad of band saw blades, when their volume increased by 36% to X tons. Overall, total imports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +7.2% over the last nine years. 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.

In value terms, band saw blade imports expanded remarkably to $X in 2021. In general, imports, however, recorded a slight decline. The most prominent rate of growth was recorded in 2017 when imports increased by 22%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Estonia (X tons), Germany (X tons) and Austria (X tons) were the main suppliers of band saw blade imports to Sweden, with a combined 95% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Austria (with a CAGR of +23.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Estonia ($X), Germany ($X) and Austria ($X) constituted the largest band saw blade suppliers to Sweden, with a combined 92% share of total imports.

Austria, with a CAGR of +2.3%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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, which is down by -21.7% against the previous year. Over the period under review, the import price saw a abrupt contraction. The most prominent rate of growth was recorded in 2013 an increase of 12% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Estonia (-8.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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