Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Iraq - 2022
Contents:
- Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Iraq (CIF) - 2022
- Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Iraq
Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Iraq (CIF) - 2022
In 2022, the average import price for blades; cutting, serrated or not, excluding those of heading no. 8208s amounted to $0.8 per unit, reducing by -12.9% against the previous year. Over the period under review, the import price continues to indicate a slight decrease. The most prominent rate of growth was recorded in 2014 an increase of 53% against the previous year. As a result, import price attained the peak level of $1.5 per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Iran ($2.1 per unit), while the price for South Korea ($0.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+12.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Iraq
In 2022, purchases abroad of blades; cutting, serrated or not, excluding those of heading no. 8208s was finally on the rise to reach 160K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a deep reduction. Imports peaked at 194K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of blades; cutting, serrated or not, excluding those of heading no. 8208s expanded modestly to $132K in 2022. In general, imports, however, saw a deep slump. The pace of growth appeared the most rapid in 2020 with an increase of 3.9%. As a result, imports attained the peak of $169K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 73.3 | 47.6 | 51.8 | 71.1 | -1.0% |
| United Arab Emirates | 55.5 | 108 | 56.0 | 32.9 | -16.0% |
| Turkey | 5.0 | 2.8 | 6.4 | 10.0 | 26.0% |
| South Korea | 14.0 | 0.4 | 0.3 | 0.3 | -72.2% |
| Others | 14.6 | 9.5 | 15.0 | 17.6 | 6.4% |
| Total | 162 | 169 | 130 | 132 | -6.6% |
Top Suppliers of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 to Iraq in 2022:
- China (92.8K units)
- United Arab Emirates (38.4K units)
- Turkey (20.5K units)
- South Korea (2.0K units)
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