Market research

Band saw blades market in Hungary

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The band saw blades market in Hungary opened the period at 246.6 t in 2018, influenced by international trade shifts as US tariffs on Canadian timber tightened global wood supply, redirecting American demand towards European sources and affecting Hungarian wood product markets. The COVID-19 pandemic initially reduced demand for sawn timber in 2020, but subsequent economic stimulus measures spurred renovation and construction activity, boosting demand for band saw blades.

By 2021, the market volume had declined to 230.3 t, yet its value held steady at around $4.8 million due to sustained increases in global wood prices. In 2022, volume fell further to 187.8 t with a value of $4.6 million, while the dynamic growth of online trade in Hungary reshaped sales channels through omnichannel access and stronger social commerce, with more e-commerce companies entering and influencing consumer preferences.

Import volumes of band saw blades continued to decline through the latter years, dropping from 114.4 t in 2023 to 40.9 t in 2025, indicating a contracting market size, while exports remained stable at approximately 19 t annually.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators
1. 4.1. In kind
  1. 4.1.1. Production, 2018, 2021-2022
  2. 4.1.2. Imports, 2018-2025
  3. 4.1.3. Exports, 2018-2025
  4. 4.1.4. Market size, 2018, 2021-2022
2. 4.2. In value
  1. 4.2.1. Production, 2018, 2021-2022
  2. 4.2.2. Imports, 2018-2025
  3. 4.2.3. Exports, 2018-2025
  4. 4.2.4. Market size, 2018, 2021-2022
5. Production
1. 5.1. Production in Hungary
  1. 5.1.1. In kind, 2018, 2021-2022, t
  2. 5.1.2. In value, 2018, 2021-2022, K $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, t
  2. 5.2.2. In value, 2018-2024, K $ US
6. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Hungary in kind, 2018-2025, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Hungary by countries, 2018-2025, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Hungary in value, 2018-2025, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Hungary by countries, 2018-2025, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 6.1.4. Average price of product's exports, $ US/kg
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Hungary, 2018-2025, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's exports from Hungary by countries, 2018-2025, $ US/kg
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Hungary in kind, 2018-2025, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Hungary by countries, 2018-2025, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Hungary in value, 2018-2025, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Hungary by countries, 2018-2025, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 6.2.4. Average price of product's exports, $ US/kg
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Hungary, 2018-2025, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's exports from Hungary by countries, 2018-2025, $ US/kg
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to Hungary in kind, 2018-2025, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Hungary by countries, 2018-2025, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Hungary in value, 2018-2025, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Hungary by countries, 2018-2025, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 7.1.4. Average price of product's imports, $ US/kg
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Hungary, 2018-2025, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's imports to Hungary by countries, 2018-2025, $ US/kg
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to Hungary in kind, 2018-2025, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Hungary by countries, 2018-2025, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Hungary in value, 2018-2025, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Hungary by countries, 2018-2025, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 7.2.4. Average price of product's imports, $ US/kg
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Hungary, 2018-2025, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's imports to Hungary by countries, 2018-2025, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2025
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production band saw blades in Hungary

In value, 2018-2021, K $ US

In 2021, Hungary's production of band saw blades was valued at 2 214 K $ US, remaining virtually unchanged from the previous year. Over the period from 2018 to 2021, production increased by 7.1%, which translates to an annualized growth rate of 2.3%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	n/a	n/a	n/a	2.3%

Source: SHEV.io

In kind, 2018-2021, t

In 2021, Hungary produced 69.0 t of band saw blades, showing no significant change compared to 2020. From 2018 to 2021, production decreased by 34.9%, with a compound annual growth rate (CAGR) of -13.3%.

Annual dynamics of production in Hungary in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	n/a	n/a	n/a	(13.3%)

Source: SHEV.io

Exports band saw blades from Hungary

Exports in kind, t

In 2021, Hungary's exports of band saw blades reached 20.0 t, marking a 23.8% increase from 2020. Over the 2018-2021 period, exports grew by 10%, with a CAGR of 3.2%. The lowest export volume was recorded in 2020 at 16.2 t, while the peak occurred in 2019 at 20.9 t. The largest decline was observed in 2020, with a drop of 22.4%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	14.5%	(22.4%)	23.8%	3.2%

Source: SHEV.io

From 2018 to 2021, Ukraine was the primary market for Hungary's band saw blade exports, accounting for 88.1% of total exports in kind. Other destinations contributed to a smaller portion of the export volume.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

After a two-year decline, Hungary's band saw blade exports rebounded in 2021, reaching 231 K $ US, which represents a 23.3% increase from 2020. Between 2018 and 2021, exports decreased by 2.1%, equating to an annualized decline of 0.7%. The lowest value was recorded in 2020 at 187 K $ US, with the largest drop of 12.6% also occurring that year.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(9.2%)	(12.6%)	23.3%	(0.7%)

Source: SHEV.io

During 2018-2021, Ukraine and Serbia together accounted for 85.2% of Hungary's total band saw blade exports in value terms, while the remaining exports were distributed among smaller markets.

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

Source: SHEV.io

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

Source: SHEV.io

Imports band saw blades to Hungary

Imports in kind, t

Hungary's band saw blade imports increased for the second consecutive year in 2021, reaching 181.3 t, a 59.8% rise from the previous year. From 2018 to 2021, imports grew by 14.2%, with an annualized rate of 4.5%. The lowest import volume was in 2019 at 104.4 t, which also saw the largest decline of 34.2%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(34.2%)	8.6%	59.8%	4.5%

Source: SHEV.io

From 2018 to 2021, Germany (37.1% of imports in kind), Poland (27.8%), and Austria (20.6%) were the main sources for Hungary's band saw blade imports, collectively making up 85.5% of total import flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

Following a two-year reduction, Hungary's band saw blade imports increased in 2021, with a total value of 2 102 K $ US, showing a sharp advance of 34.5% year-over-year. Over the 2018-2021 period, imports decreased by 9%, with a CAGR of -3.1%. The minimum value was recorded in 2020 at 2 102 K $ US, and the largest decline occurred in 2019 at 26.2%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(26.2%)	(8.4%)	34.5%	(3.1%)

Source: SHEV.io

Between 2018 and 2021, Austria (32.7% of imports in value terms), Germany (27.9%), and Poland (23.5%) led as the top suppliers of band saw blades to Hungary, with their combined share reaching 84.1% of total imports in value terms.

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

Source: SHEV.io

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

Source: SHEV.io