Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Australia - 2024
Contents:
- Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Australia (CIF) - 2022
- Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Australia (FOB) - 2022
- Imports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Australia
- Exports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Australia
Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Australia (CIF) - 2022
The average import price for knives with cutting blades, serrated or not (including pruning knives)s stood at $12 per unit in 2022, which is down by -4.9% against the previous year. Overall, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for knives with cutting blades, serrated or not (including pruning knives)s increased by +6.3% against 2018 indices. The pace of growth appeared the most rapid in 2016 when the average import price increased by 77%. The import price peaked at $13 per unit in 2021, and then fell in the following year.
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 China ($16 per unit), while the price for Vietnam ($4.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.3%), while the prices for the other major suppliers experienced a decline.
Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Australia (FOB) - 2022
In 2022, the average export price for knives with cutting blades, serrated or not (including pruning knives)s amounted to $28 per unit, surging by 73% against the previous year. Over the period under review, the export price enjoyed moderate growth. The most prominent rate of growth was recorded in 2017 an increase of 76%. The export price peaked at $39 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Canada ($28 per unit) and Taiwan (Chinese) ($28 per unit), while the average price for exports to Malaysia ($28 per unit) and Fiji ($28 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+12.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Australia
After three years of growth, overseas purchases of knives with cutting blades, serrated or not (including pruning knives)s decreased by -27.3% to 1.8M units in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +8.4% 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 +27.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 63%. As a result, imports reached the peak of 2.5M units, and then shrank markedly in the following year.
In value terms, imports of knives with cutting blades, serrated or not (including pruning knives)s declined dramatically to $22M in 2022. Overall, imports, however, continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2021 with an increase of 83% against the previous year. As a result, imports reached the peak of $32M, and then contracted sharply in the following year.
| Import of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 11.6 | 12.6 | 24.1 | 16.4 | 12.2% |
| Japan | 2.8 | 3.5 | 5.4 | 3.8 | 10.7% |
| Germany | 0.7 | 0.8 | 1.7 | 1.1 | 16.3% |
| Vietnam | N/A | N/A | N/A | 0.2 | 0% |
| Others | 0.9 | 0.5 | 0.7 | 0.6 | -12.6% |
| Total | 15.9 | 17.5 | 31.9 | 22.1 | 11.6% |
Top Suppliers of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) to Australia in 2022:
- China (1042.0K units)
- Japan (561.2K units)
- Germany (144.7K units)
- Vietnam (43.2K units)
Exports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Australia
In 2022, overseas shipments of knives with cutting blades, serrated or not (including pruning knives)s decreased by -26.2% to 10K units, falling for the second year in a row after two years of growth. Overall, exports faced a abrupt slump. The pace of growth was the most pronounced in 2020 with an increase of 11%. As a result, the exports reached the peak of 17K units. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of knives with cutting blades, serrated or not (including pruning knives)s soared to $289K in 2022. Over the period under review, exports showed a abrupt decline. The exports peaked at $496K in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
| Export of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 87.2 | 172 | 134 | 173 | 25.7% |
| Singapore | 2.9 | 2.2 | 1.8 | 50.8 | 159.7% |
| Fiji | 0.9 | N/A | 6.2 | 19.2 | 177.3% |
| Canada | N/A | 0.1 | N/A | 18.2 | 1249.1% |
| Taiwan (Chinese) | 2.5 | N/A | N/A | 9.0 | 53.3% |
| Malaysia | N/A | 6.1 | 9.9 | 5.5 | -5.0% |
| Papua New Guinea | N/A | 252 | 9.0 | 4.9 | -86.1% |
| Germany | 2.0 | 28.0 | 3.1 | N/A | 24.5% |
| United States | 339 | N/A | 18.6 | N/A | -76.6% |
| Philippines | N/A | N/A | 15.0 | N/A | 0% |
| Others | 27.8 | 35.7 | 28.3 | 8.8 | -31.8% |
| Total | 462 | 496 | 226 | 289 | -14.5% |
Top Export Markets for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) from Australia in 2022:
- New Zealand (6.1K units)
- Singapore (1.8K units)
- Fiji (0.7K units)
- Canada (0.6K units)
- Taiwan (Chinese) (0.3K units)
- Papua New Guinea (0.2K units)
- Malaysia (0.2K units)
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