Southern Asia: Clasp Knife Market 2024

Clasp Knife Market Size in Southern Asia

The South Asian clasp knife market expanded modestly to $X in 2023, rising by X% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2023, consumption failed to regain momentum.

Clasp Knife Production in Southern Asia

In value terms, clasp knife production reached $X in 2023 estimated in export price. Overall, production, however, recorded a mild decrease. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2023, production stood at a somewhat lower figure.

Clasp Knife Exports

Exports in Southern Asia

In 2023, overseas shipments of clasp knives decreased by X% to X units for the first time since 2020, thus ending a two-year rising trend. In general, exports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, the exports reached the peak figure at X units in 2017; however, from 2018 to 2023, the exports remained at a lower figure.

In value terms, clasp knife exports declined sharply to $X in 2023. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2016; however, from 2017 to 2023, the exports remained at a lower figure.

Exports by Country

India represented the key exporting country with an export of around X units, which accounted for X% of total exports. It was distantly followed by Pakistan (X units), making up a X% share of total exports.

Exports from India decreased at an average annual rate of X% from 2012 to 2023. At the same time, Pakistan (X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of Pakistan increased by X percentage points.

In value terms, Pakistan ($X) remains the largest clasp knife supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was held by India ($X), with a X% share of total exports.

In Pakistan, clasp knife exports increased at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

The export price in Southern Asia stood at $X per unit in 2023, surging by X% against the previous year. Export price indicated strong growth from 2012 to 2023: its price 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, clasp knife export price increased by X% against 2018 indices. The growth pace was the most rapid in 2021 when the export price increased by X%. Over the period under review, the export prices reached the maximum in 2023 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Pakistan ($X per unit), while India amounted to $X per unit.

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

Clasp Knife Imports

Imports in Southern Asia

In 2023, after two years of growth, there was significant decline in purchases abroad of clasp knives, when their volume decreased by X% to X units. In general, imports, however, saw a strong expansion. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports reached the maximum at X units in 2022, and then reduced rapidly in the following year.

In value terms, clasp knife imports fell to $X in 2023. Total imports indicated a resilient increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2022, and then contracted in the following year.

Imports by Country

India prevails in imports structure, finishing at X units, which was approx. X% of total imports in 2023. Bangladesh (X units) held a relatively small share of total imports.

From 2012 to 2023, average annual rates of growth with regard to clasp knife imports into India stood at X%. At the same time, Bangladesh (X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2023. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported clasp knives in Southern Asia, comprising X% of total imports. The second position in the ranking was held by Bangladesh ($X), with a X% share of total imports.

In India, clasp knife imports expanded at an average annual rate of X% over the period from 2012-2023.

Import Prices by Country

In 2023, the import price in Southern Asia amounted to $X per unit, rising by X% against the previous year. Overall, the import price, however, saw a deep slump. The pace of growth appeared the most rapid in 2014 an increase of X%. Over the period under review, import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Bangladesh ($X per unit), while India amounted to $X per unit.

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

Source: IndexBox Platform