In 2023, China dominated the global export market for circular saw blades with a working part other than steel, holding a 54.25% share. Germany followed with 8.99%, and South Korea at 7.98%. The market showed moderate growth across many regions, with notable increases in Mexico (3.59%), Malaysia (4.47%), and Morocco (96.32%). Conversely, there were declines in Sweden (-10.7%), Spain (-13.8%), and the United Kingdom (-19.58%). Key players like the United States and Japan experienced slight growth, while countries like Fiji (151.94%) and Madagascar (201.64%) showed significant increases, albeit from low bases.
Looking ahead, expect shifts due to changing demand, technological innovations, and geopolitical influences. Attention should be paid to emerging markets with rapid growth and the role of sustainability in production and exports as potential game-changers in the industry.
Top countries in Export of Circular Saw Blades with Working Part Other Than Steel Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 54.25 | 2023 | +3.4% | +3.8% | View data |
| 2 | 2 Germany | 8.99 | 2023 | +0.72% | +0.27% | View data |
| 3 | 3 South Korea | 7.98 | 2023 | +2.74% | +3.07% | View data |
| 4 | 4 Japan | 6.29 | 2023 | +3.22% | +2.8% | View data |
| 5 | 5 Thailand | 3.59 | 2023 | +4.67% | +4.52% | View data |
| 6 | 6 Italy | 2.54 | 2023 | +2.28% | +1.77% | View data |
| 7 | 7 France | 2.21 | 2023 | -0.76% | -1.34% | View data |
| 8 | 8 United States | 1.89 | 2023 | +1.45% | +1.01% | View data |
| 9 | 9 Austria | 1.24 | 2023 | -2.42% | -3.24% | View data |
| 10 | 10 Czech Republic | 1.1 | 2023 | +2.04% | +1.12% | View data |
