HS Code:
The category of circular sawblades with diamond agglomerated with metal (HS Code: 8202.39) includes industrial cutting tools primarily used in construction, mining, and stone processing industries. These sawblades are designed for high precision and durability, leveraging diamond particles bonded with metal to cut through hard materials like concrete, granite, and marble. This segment is a critical component of industrial machinery markets, with demand driven by infrastructure development and industrial manufacturing activities globally.
Total Trade Volume
USD 1.2 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
5.2%
Highest Rate
12% (imposed by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-USMCA)
Rising demand for sustainable manufacturing
Increased focus on eco-friendly production methods and recyclable materials in sawblade manufacturing, pushing companies to innovate.
2021-2022
Growth in construction and infrastructure projects
Higher demand for diamond-agglomerated sawblades in emerging economies due to urbanization and industrial expansion.
2020-2022
Technological advancements in blade durability
Introduction of advanced bonding techniques and synthetic diamonds has improved product lifespan, influencing buyer preferences.
2019-2022
The European Union introduced anti-dumping duties ranging from 8% to 12% on Chinese diamond-agglomerated sawblades to protect domestic manufacturers.
March 2023
Potential increase in costs for EU importers, shifting demand towards South Korean and German suppliers.
Updated provisions in the USMCA agreement have reduced tariffs on industrial tools, including circular sawblades, between the US, Canada, and Mexico.
January 2023
Boosted trade volume within North America, benefiting US exporters.
A leading South Korean manufacturer unveiled a new laser-welded diamond sawblade with enhanced cutting efficiency and reduced wear.
September 2022
Increased market share for South Korean products due to superior performance and cost-effectiveness.