Hong Kong SAR, China - Knives And Cutting Blades (For Machines Or For Mechanical Appliances) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCutting Blade Price in Hong Kong SAR - 2023
Contents:
- Cutting Blade Price in Hong Kong SAR (FOB) - 2023
- Cutting Blade Price in Hong Kong SAR (CIF) - 2023
- Cutting Blade Exports in Hong Kong SAR
- Cutting Blade Imports in Hong Kong SAR
Cutting Blade Price in Hong Kong SAR (FOB) - 2023
The average cutting blade export price stood at $55,129 per ton in June 2023, surging by 3.6% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in August 2022 when the average export price increased by 11% month-to-month. As a result, the export price attained the peak level of $61,533 per ton. From September 2022 to June 2023, the the average export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In June 2023, the countries with the highest prices were Bangladesh ($62,557 per ton) and Vietnam ($54,934 per ton), while the average price for exports to Mexico ($50,988 per ton) and China ($54,059 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (-0.9%), while the prices for the other major destinations experienced a decline.
Cutting Blade Price in Hong Kong SAR (CIF) - 2023
In June 2023, the average cutting blade import price amounted to $64,912 per ton, which is down by -49% against the previous month. In general, the import price, however, posted a modest increase. The pace of growth was the most pronounced in July 2022 when the average import price increased by 93% m-o-m. The import price peaked at $196K per ton in August 2022; however, from September 2022 to June 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the highest price was recorded for prices from Germany ($62,653 per ton) and Japan ($60,393 per ton), while the price for China ($41,823 per ton) and the United States ($59,362 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Japan (+0.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Cutting Blade Exports in Hong Kong SAR
In 2022, shipments abroad of knives and cutting blades (for machines or for mechanical appliances) increased by 10% to 293 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a perceptible reduction.
In value terms, cutting blade exports declined to $15M in 2022. Overall, exports, however, recorded a deep slump. The smallest decline of -0.7% was in 2020.
| Export of Cutting Blade in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 16.4 | 17.2 | 13.2 | 12.0 | -9.9% |
| France | 0.1 | 0.2 | 0.3 | 0.3 | 44.2% |
| United States | 0.7 | 0.3 | 0.4 | 0.3 | -24.6% |
| Vietnam | 0.5 | 0.3 | 0.3 | 0.3 | -15.7% |
| Others | 2.3 | 1.9 | 2.5 | 2.2 | -1.5% |
| Total | 20.0 | 19.9 | 16.7 | 15.1 | -8.9% |
Top Export Markets for Cutting Blade from Hong Kong SAR in 2022:
- China (236.9 tons)
- United States (7.4 tons)
- Vietnam (4.7 tons)
- France (4.6 tons)
Cutting Blade Imports in Hong Kong SAR
In 2022, approx. 154 tons of knives and cutting blades (for machines or for mechanical appliances) were imported into Hong Kong SAR; falling by -28.8% against the year before. Overall, imports faced a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 18% against the previous year.
In value terms, cutting blade imports dropped dramatically to $9.1M in 2022. In general, imports showed a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year.
| Import of Cutting Blade in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.5 | 4.0 | 5.0 | 3.1 | -17.4% |
| Japan | 2.9 | 2.6 | 3.1 | 2.0 | -11.6% |
| Taiwan (Chinese) | 2.0 | 1.7 | 1.8 | 1.1 | -18.1% |
| United States | 0.9 | 1.3 | 1.2 | 0.7 | -8.0% |
| Germany | 0.7 | 0.5 | 0.9 | 0.6 | -5.0% |
| Singapore | 0.3 | 0.4 | 0.5 | 0.3 | 0.0% |
| Italy | 0.5 | 0.1 | 0.3 | 0.2 | -26.3% |
| South Korea | 0.6 | 0.2 | 0.1 | 0.2 | -30.7% |
| Others | 2.0 | 1.4 | 1.1 | 0.9 | -23.4% |
| Total | 15.4 | 12.1 | 14.0 | 9.1 | -16.1% |
Top Suppliers of Cutting Blade to Hong Kong SAR in 2022:
- China (50.0 tons)
- Japan (34.2 tons)
- Taiwan (Chinese) (19.3 tons)
- United States (13.8 tons)
- Germany (10.2 tons)
- Singapore (5.0 tons)
- Italy (3.6 tons)
- South Korea (3.0 tons)
This report provides an in-depth analysis of the cutting blade market in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25736043 - Knives and cutting blades for machines or for mechanical appliances for working metal
- Prodcom 25736045 - Knives and cutting blades for machines or for mechanical appliances for working wood
- Prodcom 25736053 -
- Prodcom 25736055 -
- Prodcom 25736063 - Knives and cutting blades for agricultural, horticultural or forestry machines (excluding coulters for ploughs, discs for harrows)
- Prodcom 25736065 - Knives and cutting blades, for machines or for mechanical appliances
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the cutting blade market in Hong Kong SAR, China.
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This report provides an in-depth analysis of the global cutting blade market.
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This report provides an in-depth analysis of the cutting blade market in Hong Kong SAR, China.
1001
This report provides an in-depth analysis of the global cutting blade market.
77
Explore the top import markets for cutting blades in various countries, including China, the United States, and Germany. Find out the import values and key statistics for each market.
768
In 2016, approx. X tons of cutting blade were imported worldwide- increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007...
789
In 2016, approx. X tons of cutting blade were imported worldwide- increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007...
77
Explore the top import markets for cutting blades in various countries, including China, the United States, and Germany. Find out the import values and key statistics for each market.
768
In 2016, approx. X tons of cutting blade were imported worldwide- increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007...
789
In 2016, approx. X tons of cutting blade were imported worldwide- increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007...
