Ukraine: Band Saw Blade Market 2024

Band Saw Blade Market Size in Ukraine

In 2021, the Ukrainian band saw blade market increased by 12% to $X, rising for the second consecutive year after five years of decline. Over the period under review, consumption, however, saw a mild downturn. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Band Saw Blade Production in Ukraine

In value terms, band saw blade production reduced to $X in 2021 estimated in export price. In general, production saw a measured increase. The pace of growth was the most pronounced in 2017 with an increase of 85%. Band saw blade production peaked at $X in 2020, and then reduced slightly in the following year.

Band Saw Blade Exports

Exports from Ukraine

In 2021, shipments abroad of band saw blades increased by 19% to X tons, rising for the third consecutive year after three years of decline. Over the period under review, exports, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2019 with an increase of 204%. Over the period under review, the exports reached the peak figure at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, band saw blade exports soared to $X in 2021. Overall, exports, however, showed a deep contraction. The most prominent rate of growth was recorded in 2019 when exports increased by 210% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Moldova (X tons), Russia (X tons) and Belarus (X tons) were the main destinations of band saw blade exports from Ukraine, with a combined 72% share of total exports. These countries were followed by the Czech Republic, Democratic Republic of the Congo, Italy, Germany and Poland, which together accounted for a further 25%.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +97.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Moldova ($X) emerged as the key foreign market for band saw blades exports from Ukraine, comprising 38% of total exports. The second position in the ranking was taken by Russia ($X), with an 18% share of total exports. It was followed by Belarus, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Moldova totaled +57.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-18.6% per year) and Belarus (-14.9% per year).

Export Prices by Country

The average band saw blade export price stood at $X per ton in 2021, remaining constant against the previous year. Over the period under review, the export price recorded a slight slump. The most prominent rate of growth was recorded in 2017 an increase of 72%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to the Czech Republic ($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 (-4.0%), while the prices for the other major destinations experienced a decline.

Band Saw Blade Imports

Imports into Ukraine

For the fourth consecutive year, Ukraine recorded growth in supplies from abroad of band saw blades, which increased by 8% to X tons in 2021. Over the period under review, imports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 66%. Imports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, band saw blade imports expanded significantly to $X in 2021. In general, imports posted a buoyant expansion. The pace of growth appeared the most rapid in 2016 with an increase of 34%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Poland (X tons) constituted the largest band saw blade supplier to Ukraine, accounting for a 59% share of total imports. Moreover, band saw blade imports from Poland exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. China (X tons) ranked third in terms of total imports with a 4.8% share.

From 2012 to 2021, the average annual growth rate of volume from Poland amounted to +13.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+9.5% per year) and China (+16.0% per year).

In value terms, Germany ($X), Poland ($X) and Austria ($X) were the largest band saw blade suppliers to Ukraine, with a combined 73% share of total imports. These countries were followed by the Czech Republic, Italy, China, the United States, Belarus and Hungary, which together accounted for a further 18%.

In terms of the main suppliers, Italy, with a CAGR of +44.0%, 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 average band saw blade import price stood at $X per ton in 2021, increasing by 5.9% against the previous year. In general, the import price, however, continues to indicate a pronounced decline. The pace of growth was the most pronounced in 2017 when the average import price increased by 21%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Austria ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+5.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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