Band saw blades market in Denmark

Earlier Report Observations

The Danish band saw blades market expanded significantly from 2018 to 2019, with volume rising from 83.8 metric tons to 116 metric tons. This growth was primarily driven by increased demand from the construction and metalworking industries across Europe, coupled with a growing preference for bi-metal blades known for their durability in metal cutting. Technological advancements, including the use of high-speed steel and carbide tips, also contributed. In 2020, the COVID-19 pandemic disrupted global supply chains and led to temporary production halts, causing market volume to contract to 97.6 metric tons. The following year saw a partial recovery to 101.7 metric tons, supported by a post-lockdown rebound in industrial activity and the introduction of new high-precision carbide blades by major players like BAHCO.

Market volume surged to 157.7 metric tons in 2022, a jump of over 55% from the previous year. This sharp increase was facilitated by the resolution of pandemic-related supply chain disruptions and sustained demand for specialized blades, including customized solutions offered by Danish manufacturers such as Junget. However, the market corrected in 2023, with volume declining to 130.9 metric tons, likely reflecting a normalization after the post-pandemic spike. By 2024, volume stabilized at 129.5 metric tons, while the market value continued to grow, reaching 3.8 million US dollars, indicating possible shifts toward higher-value products.

Production band saw blades in Denmark

In value, 2018-2021, K $ US

Denmark's production of band saw blades has grown for the third consecutive year. In 2021, output was valued at 117.1 thousand US dollars, marking a 10.2% increase from the previous year. Between 2018 and 2021, production rose by 29.8%, which translates to an annualized growth rate of 9.1%.

Annual dynamics of production in Denmark in value, 2018-2021, K $ US

In kind, 2018-2021, kg

In 2021, Denmark produced 8,414 kilograms of band saw blades, representing a significant rise of 24.5% compared to 2020. Over the period from 2018 to 2021, production increased by 46.5%, equating to an annualized rate of 13.6%. The largest increase occurred in 2019, at 32.6%, while the largest decline was recorded in 2020, at 11.3%.

Annual dynamics of production in Denmark in kind, 2018-2021, kg

Exports band saw blades from Denmark

Exports in kind, t

Denmark's exports of band saw blades have increased for the second year in a row. In 2021, exports totaled 34.7 tonnes, showing a substantial rise of 61.4% compared to the previous year. Between 2018 and 2021, exports grew by 42.3%, with an annualized rate of 12.5%. The minimum value was recorded in 2019 at 19.3 tonnes, which also saw the largest decline of 20.7%.

Annual dynamics of product's exports from Denmark in kind, 2018-2021, t

From 2018 to 2021, three key markets—Norway, Sweden, and Finland—collectively accounted for 78.2% of Denmark's total exports of band saw blades in volume terms.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Denmark in kind, 2018-2021

Exports in value, K $ US

In 2021, Denmark exported 736 thousand US dollars worth of band saw blades, up by 59.4% from 2020. Over the 2018-2021 period, exports increased by 59%, with a compound annual growth rate of 16.7%. The minimum value was recorded in 2020 at 462 thousand US dollars, which also experienced the largest decline of 8.6%.

Annual dynamics of product's exports from Denmark in value, 2018-2021, K $ US

Between 2018 and 2021, Norway, Sweden, and Finland were the leading destinations for Denmark's band saw blade exports in value terms, with shares of 30.2%, 25.5%, and 16.5%, respectively. Together, they represented 72.3% of total export flows.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Denmark in value, 2018-2021

Imports band saw blades to Denmark

Imports in kind, t

In 2021, Denmark's imports of band saw blades reached 128.0 tonnes, reflecting a strong year-over-year increase of 13.9%. Over the 2018-2021 period, imports rose by 25%, with a compound annual growth rate of 7.7%. The largest increase occurred in 2019 at 24.6%, while the largest decline was recorded in 2020 at 12.0%.

Annual dynamics of product's imports to Denmark in kind, 2018-2021, t

From 2018 to 2021, three principal markets—Germany, Poland, and Sweden—together made up 83.9% of Denmark's total imports of band saw blades in volume terms.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Denmark in kind, 2018-2021

Imports in value, K $ US

Denmark imported 2,765 thousand US dollars of band saw blades in 2021, representing a controlled gain of 8.3% compared to the previous year. Over the 2018-2021 period, imports increased by 17.6%, with a compound annual growth rate of 5.5%. The largest increase was recorded in 2019 at 16.4%, while the largest decline occurred in 2020 at 6.8%.

Annual dynamics of product's imports to Denmark in value, 2018-2021, K $ US

Between 2018 and 2021, Germany, Poland, and Sweden formed the main cluster of markets for Denmark's band saw blade imports in value terms, with shares of 61.7%, 13.6%, and 13.0%, respectively. Combined, they accounted for 88.3% of total import flows.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Denmark in value, 2018-2021