Japan: Cutting Blade Market 2024

Cutting Blade Market Size in Japan

The Japanese cutting blade market reduced slightly to $X in 2022, shrinking by X% against the previous year. Overall, consumption, however, showed a perceptible setback. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Cutting Blade Production in Japan

In value terms, cutting blade production fell modestly to $X in 2022 estimated in export price. Overall, production, however, showed a noticeable decline. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Cutting Blade Exports

Exports from Japan

In 2022, overseas shipments of knives and cutting blades (for machines or for mechanical appliances) increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports, however, recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, cutting blade exports shrank to $X in 2022. Overall, exports, however, showed a noticeable slump. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

China (X tons), the United States (X tons) and Indonesia (X tons) were the main destinations of cutting blade exports from Japan, with a combined X% share of total exports. South Korea, Germany, Taiwan (Chinese), Thailand, Hong Kong SAR, Vietnam, France, Brazil, Romania and Malaysia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and Thailand ($X) appeared to be the largest markets for cutting blade exported from Japan worldwide, together accounting for X% of total exports. Taiwan (Chinese), South Korea, Hong Kong SAR, Vietnam, Germany, Indonesia, Malaysia, Brazil, France and Romania lagged somewhat behind, together comprising a further X%.

Romania, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average cutting blade export price amounted to $X per ton, with a decrease of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2014 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while the average price for exports to Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Cutting Blade Imports

Imports into Japan

In 2022, supplies from abroad of knives and cutting blades (for machines or for mechanical appliances) increased by X% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, cutting blade imports totaled $X in 2022. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of cutting blade to Japan, with a X% share of total imports. Moreover, cutting blade imports from China exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), eightfold. The third position in this ranking was taken by the United States (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (X% per year) and the United States (X% per year).

In value terms, China ($X) constituted the largest supplier of knives and cutting blades (for machines or for mechanical appliances) to Japan, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average cutting blade import price amounted to $X per ton, which is down by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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