U.S.: Straight Saw Blade Market 2024

Straight Saw Blade Market Size in the U.S.

After four years of decline, the U.S. straight saw blade market increased by 2% to $X in 2021. In general, consumption, however, continues to indicate a abrupt decline. The pace of growth appeared the most rapid in 2016 when the market value increased by 6.8% against the previous year. Straight saw blade consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Straight Saw Blade Production in the U.S.

In value terms, straight saw blade production soared to $X in 2021. In general, production, however, recorded a drastic downturn. Straight saw blade production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Straight Saw Blade Exports

Exports from the U.S.

In 2021, after three years of decline, there was significant growth in shipments abroad of straight saw blades for working metal, when their volume increased by 5.6% to X tons. In general, exports, however, continue to indicate a noticeable contraction. The pace of growth was the most pronounced in 2017 when exports increased by 12%. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, straight saw blade exports rose notably to $X in 2021. Over the period under review, exports showed a relatively flat trend pattern. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Canada (X tons) was the main destination for straight saw blade exports from the United States, with a 43% share of total exports. Moreover, straight saw blade exports to Canada exceeded the volume sent to the second major destination, Mexico (X tons), threefold. The third position in this ranking was held by China (X tons), with a 7.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Canada totaled +5.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-6.0% per year) and China (-7.2% per year).

In value terms, Canada ($X) remains the key foreign market for straight saw blades for working metal exports from the United States, comprising 36% of total exports. The second position in the ranking was held by Mexico ($X), with a 13% share of total exports. It was followed by Belgium, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Canada amounted to +8.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-2.1% per year) and Belgium (+37.3% per year).

Export Prices by Country

The average straight saw blade export price stood at $X per ton in 2021, with an increase of 5.1% against the previous year. Over the period under review, export price indicated a noticeable increase from 2012 to 2021: its price increased at an average annual rate of +4.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, straight saw blade export price increased by +49.5% against 2017 indices. The growth pace was the most rapid in 2020 an increase of 31% against the previous year. Over the period under review, the average export prices attained the peak figure in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Belgium ($X per ton), while the average price for exports to Guatemala ($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 Belgium (+27.0%), while the prices for the other major destinations experienced more modest paces of growth.

Straight Saw Blade Imports

Imports into the U.S.

In 2021, straight saw blade imports into the United States dropped sharply to X tons, with a decrease of -19.6% against the previous year. Overall, imports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2020 with an increase of 77% against the previous year. As a result, imports reached the peak of X tons, and then reduced dramatically in the following year.

In value terms, straight saw blade imports rose significantly to $X in 2021. Over the period under review, imports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2020 when imports increased by 86%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Switzerland (X tons) constituted the largest supplier of straight saw blade to the United States, with a 57% share of total imports. Moreover, straight saw blade imports from Switzerland exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. Sweden (X tons) ranked third in terms of total imports with a 9.5% share.

From 2012 to 2021, the average annual growth rate of volume from Switzerland totaled +37.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+10.8% per year) and Sweden (+2.6% per year).

In value terms, Switzerland ($X) constituted the largest supplier of straight saw blades for working metal to the United States, comprising 68% of total imports. The second position in the ranking was taken by China ($X), with a 16% share of total imports. It was followed by Taiwan (Chinese), with a 5.3% share.

From 2012 to 2021, the average annual growth rate of value from Switzerland amounted to +45.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+9.3% per year) and Taiwan (Chinese) (+10.3% per year).

Import Prices by Country

In 2021, the average straight saw blade import price amounted to $X per ton, growing by 37% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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