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China - Band Saw Blades - Market Analysis, Forecast, Size, Trends And Insights

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Article Publishing Date: Jun 16, 2023

China's Band Saw Blade Export Slumps 20% to $8M in April 2023

China Band Saw Blade Exports

In April 2023, approximately 634 tons of band saw blades were exported from China; shrinking by -22.3% on the previous month. The total export volume increased at an average monthly rate of +1.8% over the period from April 2022 to April 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in May 2022 with an increase of 31% m-o-m.

In value terms, band saw blade exports reduced sharply to $8M (IndexBox estimates) in April 2023. Overall, total exports indicated pronounced growth from April 2022 to April 2023: its value increased at an average monthly rate of +4.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2023 figures, exports increased by +17.3% against February 2023 indices. The pace of growth appeared the most rapid in March 2023 when exports increased by 46% m-o-m.

COUNTRY	Export Value of Band Saw Blade in China (thousand USD)
COUNTRY	Apr 2022	May 2022	Jun 2022	Jul 2022	Aug 2022	Sep 2022	Oct 2022	Nov 2022	Dec 2022	Jan 2023	Feb 2023	Mar 2023	Apr 2023
Russia	713	1,633	1,893	2,413	4,153	2,556	3,187	2,574	3,018	3,048	2,683	3,441	3,453
India	254	789	973	638	731	442	848	469	316	504	499	746	613
Belarus	N/A	106	391	506	146	278	316	127	376	570	113	858	454
Japan	187	245	298	205	439	470	308	387	304	648	214	685	361
Germany	893	631	928	958	963	203	884	671	303	350	602	613	355
Vietnam	356	406	432	245	224	212	253	213	181	63.1	125	330	317
United States	323	198	137	660	304	1,056	658	465	353	619	453	360	314
South Korea	345	291	403	219	353	270	297	67.5	469	237	425	239	268
Poland	277	436	205	137	534	135	145	79.0	345	89.3	127	123	254
Indonesia	174	255	356	283	258	331	293	91.2	118	385	79.8	170	61.1
Gabon	0.8	29.9	58.3	37.4	54.6	35.8	20.0	45.2	19.9	95.0	N/A	73.2	59.5
Others	1,380	1,770	2,229	1,872	1,914	2,147	1,877	1,638	1,499	2,035	1,499	2,322	1,492
Total	4,903	6,790	8,303	8,172	10,074	8,135	9,086	6,827	7,303	8,641	6,822	9,960	8,002

Exports by Country

Russia (263 tons) was the main destination for band saw blade exports from China, with a 42% share of total exports. Moreover, band saw blade exports to Russia exceeded the volume sent to the second major destination, Vietnam (76 tons), threefold. The third position in this ranking was taken by India (58 tons), with a 9.2% share.

From April 2022 to April 2023, the average monthly rate of growth in terms of volume to Russia totaled +12.9%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Vietnam (-1.7% per month) and India (+8.2% per month).

In value terms, Russia ($3.5M) remains the key foreign market for band saw blade exports from China, comprising 43% of total exports. The second position in the ranking was held by India ($613K), with a 7.7% share of total exports. It was followed by Belarus, with a 5.7% share.

From April 2022 to April 2023, the average monthly growth rate of value to Russia totaled +14.0%. Exports to the other major destinations recorded the following average monthly rates of exports growth: India (+7.6% per month) and Belarus (+14.1% per month).

Export Prices by Country

In April 2023, the band saw blade price stood at $12,623 per ton (FOB, China), rising by 3.5% against the previous month. Over the period from April 2022 to April 2023, it increased at an average monthly rate of +2.3%. The pace of growth was the most pronounced in March 2023 when the average export price increased by 24% month-to-month. The export price peaked in April 2023.

There were significant differences in the average prices for the major export markets. In April 2023, the country with the highest price was Japan ($22,993 per ton), while the average price for exports to Vietnam ($4,178 per ton) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the band saw blade market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 25732020 - Band saw blades

Country coverage:

China

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in China
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023

China - Band Saw Blades - Market Analysis, Forecast, Size, Trends And Insights

China's Band Saw Blade Export Slumps 20% to $8M in April 2023

China Band Saw Blade Exports

Exports by Country

Export Prices by Country

Product coverage:

Country coverage:

Data coverage:

Reasons to buy this report:

1. INTRODUCTION

2. EXECUTIVE SUMMARY

3. MARKET OVERVIEW

4. MOST PROMISING PRODUCT

5. MOST PROMISING SUPPLYING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS

7. PRODUCTION

8. IMPORTS

9. EXPORTS

10. PROFILES OF MAJOR PRODUCERS

LIST OF TABLES

LIST OF FIGURES

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