Price for Knives; with Handles of Base Metal in Pakistan - 2023
Contents:
- Price for Knives; with Handles of Base Metal in Pakistan (FOB) - 2022
- Price for Knives; with Handles of Base Metal in Pakistan (CIF) - 2022
- Exports of Knives; with Handles of Base Metal in Pakistan
- Imports of Knives; with Handles of Base Metal in Pakistan
Price for Knives; with Handles of Base Metal in Pakistan (FOB) - 2022
The average export price for knives; with handles of base metals stood at $1.4 per unit in 2022, reducing by -33.8% against the previous year. In general, the export price continues to indicate a pronounced descent. The pace of growth was the most pronounced in 2018 when the average export price increased by 10%. As a result, the export price attained the peak level of $2.2 per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($3.5 per unit), while the average price for exports to Rwanda ($0.1 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 the United Arab Emirates (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Knives; with Handles of Base Metal in Pakistan (CIF) - 2022
The average import price for knives; with handles of base metals stood at $1.4 per unit in 2022, rising by 31% against the previous year. Overall, the import price, however, recorded a mild curtailment. The pace of growth was the most pronounced in 2016 an increase of 40%. Over the period under review, average import prices hit record highs at $2.5 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($2 per unit), while the price for Turkey ($0.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+4.9%), while the prices for the other major suppliers experienced a decline.
Exports of Knives; with Handles of Base Metal in Pakistan
For the fourth consecutive year, Pakistan recorded growth in shipments abroad of knives; with handles of base metals, which increased by 76% to 122K units in 2022. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 214%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of knives; with handles of base metals soared to $167K in 2022. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 217%. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Knives; with Handles of Base Metal in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.5 | 14.5 | 47.4 | 66.0 | 409.2% |
| Finland | 4.1 | 8.5 | 14.9 | 20.2 | 70.2% |
| China | 8.6 | 20.0 | 36.4 | 17.4 | 26.5% |
| United Arab Emirates | 0.2 | N/A | 6.9 | 11.2 | 282.6% |
| Qatar | 1.4 | 3.3 | 6.7 | 10.4 | 95.1% |
| Saudi Arabia | 0.6 | 1.2 | 0.5 | 5.6 | 110.5% |
| Kuwait | 0.3 | 0.9 | 1.2 | 1.5 | 71.0% |
| United Kingdom | 2.8 | 14.4 | 2.2 | 0.6 | -40.2% |
| Brazil | 0.1 | 0.2 | 0.4 | 0.4 | 58.7% |
| Rwanda | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 5.7 | 14.0 | 26.3 | 33.4 | 80.3% |
| Total | 24.3 | 77.1 | 143 | 167 | 90.1% |
Top Export Markets for Knives; with Handles of Base Metal from Pakistan in 2022:
- United States (59.8K units)
- United Arab Emirates (13.9K units)
- China (11.3K units)
- Saudi Arabia (6.1K units)
- Finland (5.8K units)
- Qatar (4.2K units)
- Kuwait (3.4K units)
- Brazil (2.6K units)
- Rwanda (2.6K units)
- United Kingdom (0.3K units)
Imports of Knives; with Handles of Base Metal in Pakistan
In 2022, approx. 5.3K units of knives; with handles of base metals were imported into Pakistan; jumping by 147% compared with the previous year. In general, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of knives; with handles of base metals skyrocketed to $7.4K in 2022. Overall, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Knives; with Handles of Base Metal in Pakistan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,438 | 1,983 | 627 | 4,885 | 26.1% |
| Sweden | N/A | N/A | N/A | 928 | 0% |
| Italy | 376 | 400 | 425 | 370 | -0.5% |
| Hong Kong SAR | 208 | 240 | 274 | 251 | 6.5% |
| Denmark | N/A | N/A | N/A | 220 | 0% |
| Turkey | 83.0 | 141 | 10.0 | 149 | 21.5% |
| United States | 286 | 11.0 | 173 | 146 | -20.1% |
| Bahrain | N/A | N/A | N/A | 74.0 | 0% |
| United Arab Emirates | 76.0 | 619 | 452 | 29.0 | -27.5% |
| Others | 401 | 393 | 334 | 364 | -3.2% |
| Total | 3,868 | 3,787 | 2,295 | 7,416 | 24.2% |
Top Suppliers of Knives; with Handles of Base Metal to Pakistan in 2022:
- China (2969.0 units)
- Sweden (769.0 units)
- Turkey (377.0 units)
- Denmark (265.0 units)
- Italy (214.0 units)
- Hong Kong SAR (202.0 units)
- Bahrain (153.0 units)
- United States (74.0 units)
- United Arab Emirates (56.0 units)
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