Turkey: Band Saw Blade Market 2025

Band Saw Blade Market Size in Turkey

The Turkish band saw blade market reached $X in 2021, with an increase of 12% against the previous year. Over the period under review, consumption saw a buoyant expansion. Band saw blade consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Band Saw Blade Production in Turkey

In value terms, band saw blade production expanded rapidly to $X in 2021 estimated in export price. Overall, production showed a remarkable increase. The growth pace was the most rapid in 2014 when the production volume increased by 84% against the previous year. Band saw blade production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Band Saw Blade Exports

Exports from Turkey

Band saw blade exports from Turkey rose significantly to X tons in 2021, increasing by 10% against the previous year's figure. Overall, exports showed a strong expansion. The most prominent rate of growth was recorded in 2014 with an increase of 103%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, band saw blade exports soared to $X in 2021. Over the period under review, exports posted a resilient increase. The most prominent rate of growth was recorded in 2014 with an increase of 113% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Iran (X tons), Germany (X tons) and Iraq (X tons) were the main destinations of band saw blade exports from Turkey, together comprising 64% of total exports. Romania, Pakistan, Azerbaijan, Serbia, Peru, Uzbekistan, Ukraine, Russia, Lebanon and Albania lagged somewhat behind, together comprising a further 19%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Peru (with a CAGR of +99.6%), while the other leaders experienced more modest paces of growth.

In value terms, Iran ($X), Germany ($X) and Iraq ($X) were the largest markets for band saw blade exported from Turkey worldwide, together comprising 69% of total exports. These countries were followed by Pakistan, Azerbaijan, Uzbekistan, Russia, Romania, Serbia, Peru, Ukraine, Lebanon and Albania, which together accounted for a further 15%.

Peru, with a CAGR of +75.3%, recorded the highest growth rate of the value of exports, in terms of 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, rising by 22% against the previous year. In general, export price indicated a resilient increase from 2012 to 2021: its price increased at an average annual rate of +7.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 when the average export price increased by 34% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Pakistan ($X per ton), while the average price for exports to Albania ($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 (+13.8%), while the prices for the other major destinations experienced more modest paces of growth.

Band Saw Blade Imports

Imports into Turkey

In 2021, supplies from abroad of band saw blades increased by 16% to X tons, rising for the third consecutive year after two years of decline. Overall, total imports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +5.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +41.5% against 2018 indices. The growth pace was the most rapid in 2019 with an increase of 18%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, band saw blade imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +4.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest band saw blade supplier to Turkey, accounting for a 84% share of total imports. Moreover, band saw blade imports from Germany exceeded the figures recorded by the second-largest supplier, Austria (X tons), more than tenfold. The United States (X tons) ranked third in terms of total imports with a 3.1% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to +11.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (-3.9% per year) and the United States (-13.6% per year).

In value terms, Germany ($X) constituted the largest supplier of band saw blades to Turkey, comprising 84% of total imports. The second position in the ranking was taken by Austria ($X), with a 3.6% share of total imports. It was followed by the United States, with a 2.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +9.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (-6.8% per year) and the United States (-15.1% per year).

Import Prices by Country

In 2021, the average band saw blade import price amounted to $X per ton, increasing by 11% against the previous year. Overall, the import price, however, saw a slight decline. The most prominent rate of growth was recorded in 2017 an increase of 13% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+0.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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