The global market size of the tool industry known as "industrial teeth" is close to $40 billion. In recent years, with the upgrading of China's manufacturing industry, carbide indexable tools are more and more widely used, and the demand for blades is growing rapidly.

Recently, the secretariat of the Tool Branch of the China Machine Tool Industry Association collated and analyzed the customs blade import and export data from 2019 to 2022. According to the customs data, the association calculated and analyzed the total amount of blade imports and exports, coated blade imports and exports, non-coated blade imports and exports, blade import and export unit price, coated blade imports and exports of sources, non-coated blade imports and exports of sources and other aspects.