Hong Kong SAR, China - Knives, Scissors And Blades - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Hong Kong SAR, China - Knives, Scissors And Blades - Market Analysis, Forecast, Size, Trends and Insights

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Knife and Scissors Price in Hong Kong SAR - 2023

Contents:

  1. Knife and Scissors Price in Hong Kong SAR (CIF) - 2022
  2. Knife and Scissors Price in Hong Kong SAR (FOB) - 2023
  3. Knife and Scissors Imports in Hong Kong SAR
  4. Knife and Scissors Exports in Hong Kong SAR

Knife and Scissors Price in Hong Kong SAR (CIF) - 2022

The average knife and scissors import price stood at $18 per unit in 2022, remaining constant against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 15%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($29 per unit), while the price for the United States ($15 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Knife and Scissors Price in Hong Kong SAR (FOB) - 2023

The average knife and scissors export price stood at $5.4 per unit in June 2023, picking up by 23% against the previous month. In general, the export price, however, showed a pronounced reduction. The most prominent rate of growth was recorded in November 2022 an increase of 44% against the previous month. Over the period under review, the average export prices hit record highs at $7.7 per unit in June 2022; however, from July 2022 to June 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was France ($6.9 per unit), while the average price for exports to the United Arab Emirates ($4.3 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+1.9%), while the prices for the other major destinations experienced a decline.

Knife and Scissors Imports in Hong Kong SAR

Knife and scissors imports into Hong Kong SAR fell significantly to 639K units in 2022, dropping by -35.5% compared with 2021. Over the period under review, imports recorded a sharp reduction. The pace of growth appeared the most rapid in 2021 with an increase of 18% against the previous year. Imports peaked at 1.4M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, knife and scissors imports plummeted to $12M in 2022. In general, imports showed a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 25% against the previous year. Over the period under review, imports attained the peak figure at $22M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Knife and Scissors in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China14.78.713.38.0-18.4%
Japan1.61.71.61.0-14.5%
Switzerland0.60.61.10.810.1%
Vietnam2.40.10.10.4-45.0%
Brazil0.20.80.30.314.5%
United States0.60.60.50.3-20.6%
Germany0.60.60.40.3-20.6%
Italy0.30.30.20.1-30.7%
Others0.91.00.60.5-17.8%
Total21.914.418.011.7-18.9%

Top Suppliers of Knife and Scissors to Hong Kong SAR in 2022:

  1. China (439.4K units)
  2. Japan (50.0K units)
  3. Switzerland (47.3K units)
  4. United States (20.9K units)
  5. Germany (20.7K units)
  6. Vietnam (19.2K units)
  7. Brazil (10.0K units)
  8. Italy (9.0K units)

Knife and Scissors Exports in Hong Kong SAR

In 2022, approx. 309K units of knives, scissors and blades were exported from Hong Kong SAR; falling by -9.3% on 2021 figures. Overall, exports showed a deep slump. Over the period under review, the exports hit record highs at 456K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, knife and scissors exports reduced remarkably to $12M in 2022. In general, exports faced a deep reduction. The smallest decline of -0.4% was in 2021. Over the period under review, the exports reached the maximum at $20M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Knife and Scissors in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States6.44.33.22.7-25.0%
China1.83.02.32.38.5%
Japan3.21.82.41.5-22.3%
Germany1.90.82.41.4-9.7%
Canada0.60.80.60.4-12.6%
France0.30.40.50.30.0%
Sweden0.60.50.20.3-20.6%
Netherlands0.40.30.50.3-9.1%
Belgium0.50.30.50.3-15.7%
Australia0.30.40.30.2-12.6%
South Africa0.20.10.30.20.0%
United Kingdom0.50.50.30.2-26.3%
Norway0.20.10.10.1-20.6%
Others2.81.91.61.3-22.6%
Total19.815.115.111.6-16.3%

Top Export Markets for Knife and Scissors from Hong Kong SAR in 2022:

  1. China (82.8K units)
  2. United States (71.9K units)
  3. Japan (35.9K units)
  4. Germany (27.2K units)
  5. Canada (9.9K units)
  6. Netherlands (8.1K units)
  7. Sweden (7.4K units)
  8. France (7.2K units)
  9. United Kingdom (6.6K units)
  10. Belgium (5.6K units)
  11. Australia (5.1K units)
  12. Norway (5.1K units)
  13. South Africa (4.7K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the knife and scissors 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 25711115 -
  • Prodcom 25711130 -
  • Prodcom 25711145 - Knives with fixed blades of base metal including pruning knives (excluding fish, butter/ table knives with fixed blades, k nives and cutting blades for machines/mechanical appliances)
  • Prodcom 25711160 - Clasp knives
  • Prodcom 25711175 - Blades and handles of base metal for table knives, pocket knives, including pruning knives (excluding fish and butter knives, knives/cutting blades for machines or mechanical appliances)
  • Prodcom 25711190 - Scissors, tailors

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Knives, Scissors And Blades - Hong Kong SAR