Northern America: Knife And Scissors Market 2024

Knife And Scissors Market Size in Northern America

In 2023, the North American knife and scissors market decreased by X% to $X, falling for the second consecutive year after five years of growth. Over the period under review, consumption, however, saw a strong expansion. Over the period under review, the market reached the peak level at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Knife And Scissors Production in Northern America

In value terms, knife and scissors production fell modestly to $X in 2023 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.

Knife And Scissors Exports

Exports in Northern America

After four years of growth, overseas shipments of knives, scissors and blades decreased by X% to X units in 2023. Overall, exports, however, recorded a resilient increase. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X units in 2022, and then reduced in the following year.

In value terms, knife and scissors exports shrank slightly to $X in 2023. Total exports indicated a temperate expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2022, and then declined modestly in the following year.

Exports by Country

The United States prevails in exports structure, resulting at X units, which was approx. X% of total exports in 2023. It was distantly followed by Canada (X units), comprising a X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to knife and scissors exports from the United States stood at X%. At the same time, Canada (X%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of Canada increased by X percentage points.

In value terms, the United States ($X) remains the largest knife and scissors supplier in Northern America, comprising X% of total exports. The second position in the ranking was held by Canada ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value in the United States totaled X%.

Export Prices by Country

In 2023, the export price in Northern America amounted to $X per unit, surging by X% against the previous year. In general, the export price, however, saw a pronounced reduction. The pace of growth was the most pronounced in 2016 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2017 to 2023, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the United States ($X per unit), while Canada amounted to $X per unit.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United States (X%).

Knife And Scissors Imports

Imports in Northern America

In 2023, overseas purchases of knives, scissors and blades decreased by X% to X units, falling for the second consecutive year after ten years of growth. Overall, imports, however, posted a strong expansion. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. The volume of import peaked at X units in 2021; however, from 2022 to 2023, imports remained at a lower figure.

In value terms, knife and scissors imports reduced dramatically to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of imports failed to regain momentum.

Imports by Country

The United States dominates imports structure, reaching X units, which was approx. X% of total imports in 2023. Canada (X units) took a minor share of total imports.

The United States was also the fastest-growing in terms of the knives, scissors and blades imports, with a CAGR of X% from 2012 to 2023. Canada experienced a relatively flat trend pattern. While the share of the United States (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Canada (X p.p.) displayed negative dynamics.

In value terms, the United States ($X) constitutes the largest market for imported knives, scissors and blades in Northern America, comprising X% of total imports. The second position in the ranking was taken by Canada ($X), with a X% share of total imports.

From 2012 to 2023, the average annual growth rate of value in the United States stood at X%.

Import Prices by Country

The import price in Northern America stood at $X per unit in 2023, dropping by X% against the previous year. Overall, the import price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Canada ($X per unit), while the United States stood at $X per unit.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Canada (X%).

Source: IndexBox Platform