EU: Band Saw Blade Market 2024

Band Saw Blade Market Size in the EU

The EU band saw blade market surged to $X in 2023, increasing by X% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2023, consumption failed to regain momentum.

Band Saw Blade Production in the EU

In value terms, band saw blade production reduced slightly to $X in 2023 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, production attained the peak level of $X. From 2019 to 2023, production growth remained at a somewhat lower figure.

Band Saw Blade Exports

Exports in the EU

After two years of growth, shipments abroad of band saw blades decreased by X% to X tons in 2023. The total export volume increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of X%. The volume of export peaked at X tons in 2022, and then declined in the following year.

In value terms, band saw blade exports dropped slightly to $X in 2023. The total export value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of $X. From 2022 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

Germany was the main exporter of band saw blades in the European Union, with the volume of exports resulting at X tons, which was approx. X% of total exports in 2023. Sweden (X tons) ranks second in terms of the total exports with a X% share, followed by Poland (X%), Italy (X%), Austria (X%) and the Netherlands (X%). France (X tons) held a minor share of total exports.

Germany experienced a relatively flat trend pattern with regard to volume of exports of band saw blades. At the same time, Italy (X%), Poland (X%) and Austria (X%) displayed positive paces of growth. Moreover, Italy emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2023. Sweden and France experienced a relatively flat trend pattern. By contrast, the Netherlands (X%) illustrated a downward trend over the same period. While the share of Italy (X p.p.) and Poland (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of the Netherlands (X p.p.) and Germany (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest band saw blade supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by Austria ($X), with a X% share of total exports. It was followed by Sweden, with a X% share.

In Germany, band saw blade exports remained relatively stable over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Austria (X% per year) and Sweden (X% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2023, growing by X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Austria ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Austria (X%), while the other leaders experienced more modest paces of growth.

Band Saw Blade Imports

Imports in the EU

In 2023, the amount of band saw blades imported in the European Union reduced remarkably to X tons, shrinking by X% against the year before. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, imports reached the peak of X tons. From 2019 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, band saw blade imports fell to $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Italy (X tons), followed by the Netherlands (X tons), Germany (X tons), France (X tons), Sweden (X tons), Poland (X tons), the Czech Republic (X tons), Estonia (X tons), Spain (X tons) and Romania (X tons) represented the largest importers of band saw blades, together committing X% of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Estonia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and the Czech Republic ($X) constituted the countries with the highest levels of imports in 2023, together comprising X% of total imports.

The Czech Republic, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2023, surging by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while Estonia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform