Hungary - Knives, Scissors And Blades - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 21, 2024

Hungary - Knives, Scissors And Blades - Market Analysis, Forecast, Size, Trends and Insights

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Knife and Scissors Price in Hungary - 2023

Contents:

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

Knife and Scissors Price in Hungary (CIF) - 2022

In 2022, the average knife and scissors import price amounted to $11 per unit, rising by 2.4% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 28%. As a result, import price attained the peak level of $12 per unit. From 2015 to 2022, the average import prices remained at a lower figure.

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 the Netherlands ($34 per unit), while the price for China ($6 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 (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Knife and Scissors Price in Hungary (FOB) - 2023

In July 2023, the average knife and scissors export price amounted to $6.6 per unit, jumping by 26% against the previous month. Overall, export price indicated moderate growth from July 2022 to July 2023: its price increased at an average monthly rate of +3.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, knife and scissors export price increased by +25.7% against June 2023 indices. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 68% month-to-month. As a result, the export price attained the peak level of $8.0 per unit. From March 2023 to July 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($14.6 per unit), while the average price for exports to Spain ($2.9 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.

Knife and Scissors Imports in Hungary

In 2022, supplies from abroad of knives, scissors and blades decreased by -4.9% to 2.2M units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +5.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 21%. As a result, imports attained the peak of 2.3M units, and then shrank in the following year.

In value terms, knife and scissors imports contracted to $24M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +11.3% 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 +40.6% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 44% against the previous year. As a result, imports reached the peak of $24M, and then dropped slightly in the following year.

Import of Knife and Scissors in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.15.87.58.317.6%
Germany3.94.04.76.317.3%
Netherlands0.20.96.02.0115.4%
Japan0.80.70.91.07.7%
Austria0.60.80.71.018.6%
Slovakia1.00.70.60.9-3.5%
Poland0.91.31.30.90.0%
Others4.62.62.43.2-11.4%
Total17.116.824.223.611.3%

Top Suppliers of Knife and Scissors to Hungary in 2022:

  1. China (1386.1K units)
  2. Germany (346.7K units)
  3. Poland (85.7K units)
  4. Austria (77.1K units)
  5. Slovakia (61.9K units)
  6. Netherlands (58.6K units)
  7. Japan (47.3K units)

Knife and Scissors Exports in Hungary

After three years of growth, overseas shipments of knives, scissors and blades decreased by -15.6% to 728K units in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +10.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 40%. Over the period under review, the exports hit record highs at 863K units in 2021, and then contracted significantly in the following year.

In value terms, knife and scissors exports totaled $9.3M in 2022. The total export value increased at an average annual rate of +13.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 28%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

Export of Knife and Scissors in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania1,2841,8391,7981,6759.3%
Slovakia8331,1531,2591,0026.4%
Netherlands13530876879980.9%
Germany21026934776353.7%
Czech Republic825726723757-2.8%
Poland19320646863048.3%
Italy656734581429-13.2%
Croatia18428133335925.0%
Bulgaria2553012632752.5%
Lithuania19.713875.2253134.2%
Slovenia98.813815321229.0%
Serbia56.480.614518548.6%
Spain23.991.046.010664.3%
Others1,6121,9402,1351,8164.1%
Total6,3858,2049,0949,26313.2%

Top Export Markets for Knife and Scissors from Hungary in 2022:

  1. Slovakia (148.5K units)
  2. Romania (136.1K units)
  3. Netherlands (57.7K units)
  4. Germany (45.4K units)
  5. Poland (42.6K units)
  6. Italy (35.0K units)
  7. Czech Republic (33.2K units)
  8. Croatia (25.3K units)
  9. Bulgaria (23.0K units)
  10. Serbia (20.9K units)
  11. Lithuania (20.6K units)
  12. Slovenia (12.8K units)
  13. Spain (11.0K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the knife and scissors market in Hungary. 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:

  • Hungary

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Hungary
  • 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 - Hungary