In 2023, the re-import of saw blades, including stone cutting, stood at a level that sees a significant upward forecast for the following years. From 2024 to 2028, the projected increase in volume from 10.9 to 12.46 thousand kilograms represents a steady growth trajectory, indicating a compound annual growth rate (CAGR) of around 3.35% over these five years.
Year-on-year variations show a consistent increase: with 2025 predicted to grow by 3.67%, followed by 3.54% in 2026, 3.25% in 2027, and finally 3.15% in 2028. This steady growth reflects a strong market demand and potentially increased construction activity or demand for such tools in industries.
Future trends to watch for include technological advancements in cutting technology, changes in domestic manufacturing that could impact import volumes, and fluctuating demands due to infrastructure development and global economic conditions. Keeping an eye on policy changes and trade agreements will also be crucial as they can significantly influence market dynamics.
