Band Saw Blade Market

Band saw blade market: read the latest statistics featured by an Ai-driven market research platform. Data provide production, market size, market prices, exports, consumption, imports, trade, and companies. There is a breakdown by country, including Russia, the U.K., China, Africa, the U.S., EU, the Middle East, and Latin America. Market insights and forecast to 2030 are also provided in the reports.

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Band Saw Blade - World's Largest Markets

In value terms, the United States led the market, alone. The second position in the ranking was occupied by China. It was followed by India.

From 2018 to 2020, the average annual growth rate of value in the United States amounted to -11.9%. The remaining consuming countries recorded the following average annual rates of market growth: China (+7.5% per year) and India (+4.3% per year).

Band Saw Blade Prices

Band Saw Blade - Top Importers

In value terms, the largest band saw blade importing markets worldwide were the United States ($66M), Italy ($37M) and Russia ($36M), with a combined 24% share of global imports. China, Poland, Germany, the Netherlands, India, South Korea, Turkey, France, Belarus and Indonesia lagged somewhat behind, together comprising a further 33%.

Turkey recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced a decline in the imports figures.

Band Saw Blade - Top Exporters

In value terms, Germany ($211M) remains the largest band saw blade supplier worldwide, comprising 35% of global exports. The second position in the ranking was occupied by the United States ($73M), with a 12% share of global exports. It was followed by China, with a 6.3% share.

In Germany, band saw blade exports shrank by an average annual rate of -8.4% over the period from 2018-2020. In the other countries, the average annual rates were as follows: the United States (-13.4% per year) and China (+1.9% per year).

Band Saw Blade - Market Forecast

Driven by rising demand for band saw blade worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Band Saw Blade - Product Coverage

• HS 820220 - Tools, hand; band saw blades

Source: IndexBox Market Intelligence Platform