Sharp Increase in Price of Straight Saw Blades in Japan - $31.2 per kg

Sharp Increase in Price of Straight Saw Blades in Japan - $31.2 per kg

Japan Straight Saw Blade Import Price in July 2023

In July 2023, the import price for straight saw blades in Japan reached $31,244 per ton (CIF, Japan), registering a 15% increase compared to the previous month. The price of these blades has been rising steadily at an average monthly rate of 2.8% between July 2022 and July 2023. The most significant growth occurred in August 2022, with a 50% month-to-month increase. Although the average import price reached a peak of $34,214 per ton in April 2023, it slightly declined to a lower figure from May 2023 to July 2023.

Among the major supplying countries, Switzerland had the highest price in July 2023 at $53,029 per ton, while the United States had one of the lowest prices at $20,312 per ton.

China experienced the most notable price growth, with a 7.5% increase, while other major suppliers saw more modest price increases.

Japan Straight Saw Blade Import Prices By Country (USD Per Ton)

Japan Straight Saw Blade Imports

In July 2023, Japan imported approximately 9.4 tons of straight saw blades for working metal, showing a significant decline of 55.5% compared to the previous month. Overall, imports witnessed a steep slump, with the most rapid growth occurring in January 2023, when imports increased by 189% month-to-month.

The value of straight saw blade imports also experienced a remarkable decrease, totaling $293K in July 2023. In January 2023, there was a substantial 208% increase in imports compared to the previous month, reaching a peak of $594K. From February 2023 to July 2023, the growth of imports remained at a relatively lower level.

Japan Straight Saw Blade Imports by Country

The United States (5 tons), Switzerland (2.5 tons), and Germany (1.2 tons) were the main suppliers of straight saw blade imports to Japan, accounting for 93% of total imports.

Germany experienced the highest growth rate in terms of purchases, with a compound annual growth rate (CAGR) of 9.3%. Meanwhile, the other leading suppliers saw more modest increases in imports.

In terms of value, the largest suppliers of straight saw blades to Japan were Switzerland ($135K), the United States ($102K), and Germany ($35K), together comprising 93% of total imports. Germany also had the highest growth rate in the value of imports, with a CAGR of 9.0%, while the other top suppliers saw slower growth rates.



Source: IndexBox Market Intelligence Platform

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