Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Kenya - 2022

Contents:

  1. Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Kenya (CIF) - 2022
  2. Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Kenya (FOB) - 2022
  3. Imports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Kenya
  4. Exports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Kenya

Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Kenya (CIF) - 2022

In 2022, the average import price for knives with cutting blades, serrated or not (including pruning knives)s amounted to $7.1 per unit, rising by 11% against the previous year. In general, 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 +29.9% against 2019 indices. The pace of growth was the most pronounced in 2014 an increase of 38%. The import price peaked at $7.1 per unit in 2018; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($29 per unit), while the price for Italy ($1.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Kenya (FOB) - 2022

In 2022, the average export price for knives with cutting blades, serrated or not (including pruning knives)s amounted to $26 per unit, growing by 11% against the previous year. Over the period under review, the export price recorded a slight expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 56%. As a result, the export price attained the peak level of $34 per unit. From 2020 to 2022, the average 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 Rwanda ($91 per unit), while the average price for exports to Somalia ($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 Tanzania (+17.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Kenya

For the third consecutive year, Kenya recorded decline in purchases abroad of knives with cutting blades, serrated or not (including pruning knives)s, which decreased by -17.5% to 7.9K units in 2022. In general, imports showed a abrupt downturn. The smallest decline of -2.7% was in 2021. Imports peaked at 11K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of knives with cutting blades, serrated or not (including pruning knives)s dropped to $56K in 2022. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 9.1%. As a result, imports attained the peak of $63K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China34.031.229.416.6-21.3%
NetherlandsN/A0.20.915.0766.0%
JapanN/AN/A0.914.71533.3%
South Africa1.52.37.33.127.4%
Germany2.31.2N/A2.52.8%
United Kingdom3.214.23.30.7-39.7%
Brazil2.66.310.80.1-66.2%
Denmark7.0N/AN/AN/A0%
Others7.07.58.43.5-20.6%
Total57.762.961.156.2-0.9%

Top Suppliers of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) to Kenya in 2022:

  1. Japan (3921.0 units)
  2. China (2585.0 units)
  3. Netherlands (993.0 units)
  4. South Africa (152.0 units)
  5. Germany (148.0 units)
  6. United Kingdom (26.0 units)
  7. Brazil (3.0 units)

Exports of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Kenya

Exports of knives with cutting blades, serrated or not (including pruning knives)s from Kenya reduced notably to 10 units in 2022, dropping by -84.1% on the year before. Overall, exports recorded a sharp slump. The smallest decline of -13.7% was in 2021. Over the period under review, the exports of hit record highs at 99 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of knives with cutting blades, serrated or not (including pruning knives)s reduced notably to $255 in 2022. Over the period under review, exports recorded a significant decrease. The smallest decline of -27.1% was in 2020. The exports peaked at $3.4K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) in Kenya (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Rwanda1,39096130691.0-59.7%
Democratic Republic of the Congo51360749568.0-49.0%
South KoreaN/AN/AN/A46.00%
Tanzania1,25763534632.0-70.6%
South Sudan11279.026.07.0-60.3%
Cote d'IvoireN/A88.0N/A5.0-76.2%
Malawi99.087.052.04.0-65.7%
Somalia11.010.06.01.0-55.0%
Uganda14.010.04.01.0-58.5%
GhanaN/AN/A20.0N/A0%
OthersN/AN/A187N/A0%
Total3,3962,4771,442255-57.8%

Top Export Markets for Knives with Cutting Blades, Serrated or Not (Including Pruning Knives) from Kenya in 2022:

  1. South Korea (2.0 units)
  2. Tanzania (1.0 units)
  3. Malawi (1.0 units)
  4. Democratic Republic of the Congo (1.0 units)
  5. Rwanda (1.0 units)
  6. Somalia (1.0 units)
  7. Uganda (1.0 units)
  8. Cote d'Ivoire (1.0 units)
  9. South Sudan (1.0 units)

Source: IndexBox Market Intelligence Platform

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