Vietnam: Straight Saw Blade Market 2025

Straight Saw Blade Market Size in Vietnam

After two years of growth, the Vietnamese straight saw blade market decreased by -19.7% to $X in 2021. In general, consumption showed a drastic downturn. The pace of growth was the most pronounced in 2020 when the market value increased by 8.8%. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Straight Saw Blade Production in Vietnam

In value terms, straight saw blade production declined to $X in 2021 estimated in export price. In general, production showed a abrupt decline. The growth pace was the most rapid in 2020 when the production volume increased by 23%. Straight saw blade production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Straight Saw Blade Exports

Exports from Vietnam

In 2021, after three years of decline, there was significant growth in overseas shipments of straight saw blades for working metal, when their volume increased by 16,628% to X tons. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, straight saw blade exports surged to $X in 2021. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Taiwan (Chinese) (X tons) was the main destination for straight saw blade exports from Vietnam, accounting for a 84% share of total exports. Moreover, straight saw blade exports to Taiwan (Chinese) exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), ninefold. The United States (X kg) ranked third in terms of total exports with a 2.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Taiwan (Chinese) stood at +155.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+2,264.0% per year) and the United States (+98.4% per year).

In value terms, Taiwan (Chinese) ($X) remains the key foreign market for straight saw blades for working metal exports from Vietnam, comprising 68% of total exports. The second position in the ranking was held by the United States ($X), with a 12% share of total exports. It was followed by the United Arab Emirates, with a 7.3% share.

From 2012 to 2021, the average annual growth rate of value to Taiwan (Chinese) stood at +125.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+106.0% per year) and the United Arab Emirates (+2,595.1% per year).

Export Prices by Country

In 2021, the average straight saw blade export price amounted to $X per ton, which is down by -34.8% against the previous year. Overall, export price indicated a pronounced increase from 2012 to 2021: its price increased at an average annual rate of +4.5% 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 2013 when the average export price increased by 49% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2020, and then plummeted in the following year.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to China ($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 the United Arab Emirates (+16.6%), while the prices for the other major destinations experienced more modest paces of growth.

Straight Saw Blade Imports

Imports into Vietnam

In 2021, after three years of decline, there was significant growth in overseas purchases of straight saw blades for working metal, when their volume increased by 32% to X tons. Overall, imports, however, recorded a deep slump. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, straight saw blade imports skyrocketed to $X in 2021. Over the period under review, imports, however, saw a abrupt slump. The pace of growth appeared the most rapid in 2014 when imports increased by 25% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, the Czech Republic (X tons) constituted the largest supplier of straight saw blade to Vietnam, accounting for a 51% share of total imports. Moreover, straight saw blade imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was taken by Germany (X tons), with a 6.4% share.

From 2012 to 2021, the average annual growth rate of volume from the Czech Republic amounted to +1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-16.3% per year) and Germany (-3.6% per year).

In value terms, the Czech Republic ($X) constituted the largest supplier of straight saw blades for working metal to Vietnam, comprising 50% of total imports. The second position in the ranking was taken by China ($X), with a 15% share of total imports. It was followed by Germany, with a 6.2% share.

From 2012 to 2021, the average annual growth rate of value from the Czech Republic was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (-16.1% per year) and Germany (-3.4% per year).

Import Prices by Country

The average straight saw blade import price stood at $X per ton in 2021, declining by -6.5% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 40% against the previous year. As a result, import price attained the peak level of $X per ton, and then shrank in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2021, the countries with the highest prices were Germany ($X per ton) and the United States ($X per ton), while the price for Hong Kong SAR ($X per ton) and Japan ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+0.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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