Price for Knives with Cutting Blades in India - 2023
Contents:
- Price for Knives with Cutting Blades in India (FOB) - 2022
- Price for Knives with Cutting Blades in India (CIF) - 2022
- Exports of Knives with Cutting Blades in India
- Imports of Knives with Cutting Blades in India
Price for Knives with Cutting Blades in India (FOB) - 2022
In 2022, the average knives with cutting blades export price amounted to $1.4 per unit, which is down by -7.1% against the previous year. Overall, the export price, however, posted a prominent expansion. The pace of growth was the most pronounced in 2017 an increase of 49% against the previous year. Over the period under review, the average export prices reached the maximum at $1.5 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($3.5 per unit), while the average price for exports to Nepal ($0.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+14.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Knives with Cutting Blades in India (CIF) - 2022
In 2022, the average knives with cutting blades import price amounted to $0.4 per unit, picking up by 11% against the previous year. Overall, the import price, however, saw a deep downturn. The import price peaked at $1.1 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($1.1 per unit), while the price for China ($0.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+6.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Knives with Cutting Blades in India
After three years of growth, overseas shipments of knives with cutting bladeses decreased by -11.1% to 8.3M units in 2022. In general, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 51% against the previous year. As a result, the exports reached the peak of 9.4M units, and then dropped in the following year.
In value terms, knives with cutting blades exports declined markedly to $11M in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 59%. The exports peaked at $14M in 2021, and then fell dramatically in the following year.
| Export of Knives with Cutting Blades in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.7 | 6.3 | 10.0 | 7.4 | 26.0% |
| Japan | 0.1 | 0.7 | 0.9 | 1.2 | 128.9% |
| Canada | 0.3 | 1.2 | 1.1 | 0.8 | 38.7% |
| United Arab Emirates | 0.3 | 0.2 | 0.3 | 0.5 | 18.6% |
| Brazil | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Nepal | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Germany | 0.4 | 0.2 | 0.2 | 0.1 | -37.0% |
| Fiji | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| Others | 0.8 | 0.7 | 1.3 | 1.3 | 17.6% |
| Total | 5.9 | 9.4 | 13.9 | 11.5 | 24.9% |
Top Export Markets for Knives with Cutting Blades from India in 2022:
- United States (5438.0K units)
- Canada (421.9K units)
- United Arab Emirates (389.7K units)
- Japan (330.7K units)
- Nepal (267.2K units)
- Brazil (161.7K units)
- Fiji (153.7K units)
- Germany (41.7K units)
Imports of Knives with Cutting Blades in India
In 2022, knives with cutting blades imports into India stood at 32M units, increasing by 12% compared with 2021 figures. Overall, imports saw strong growth. The growth pace was the most rapid in 2021 when imports increased by 64% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, knives with cutting blades imports soared to $14M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +13.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 39%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Knives with Cutting Blades in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.9 | 5.5 | 8.5 | 9.5 | 11.2% |
| Malaysia | 0.3 | 0.1 | 0.2 | 0.7 | 32.6% |
| Vietnam | 0.1 | N/A | N/A | 0.6 | 81.7% |
| Others | 2.4 | 2.6 | 2.7 | 3.4 | 12.3% |
| Total | 9.7 | 8.3 | 11.5 | 14.2 | 13.5% |
Top Suppliers of Knives with Cutting Blades to India in 2022:
- China (30.1M units)
- Malaysia (0.7M units)
- Vietnam (0.6M units)
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