Report Update: Apr 21, 2024

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

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Knife and Scissors Price in Pakistan - 2023

Knife and Scissors Price in Pakistan (FOB) - 2023

The average knife and scissors export price stood at $9.7 per unit in February 2023, picking up by 363% against the previous month. In general, the export price, however, continues to indicate a slight decline. The export price peaked at $12.0 per unit in April 2022; however, from May 2022 to February 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In February 2023, the country with the highest price was Germany ($12.7 per unit), while the average price for exports to Saudi Arabia ($4.3 per unit) was amongst the lowest.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+1.1%), while the prices for the other major destinations experienced more modest paces of growth.

Knife and Scissors Price in Pakistan (CIF) - 2023

In February 2023, the average knife and scissors import price amounted to $3.1 per unit, reducing by -9.9% against the previous month. Over the period under review, the import price saw a mild descent. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 62% month-to-month. The import price peaked at $4.6 per unit in June 2022; however, from July 2022 to February 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In February 2023, the country with the highest price was Thailand ($7.2 per unit), while the price for Turkey ($904 per thousand units) was amongst the lowest.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by Thailand (-1.0%), while the prices for the other major suppliers experienced a decline.

Knife and Scissors Exports in Pakistan

In 2022, the amount of knives, scissors and blades exported from Pakistan contracted to 490K units, falling by -13.8% on 2021. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 32%. As a result, the exports attained the peak of 569K units, and then dropped in the following year.

In value terms, knife and scissors exports contracted to $28M in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +10.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +33.0% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 44%. As a result, the exports reached the peak of $32M, and then shrank in the following year.

Export of Knife and Scissors in Pakistan (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	10.5	10.9	15.5	16.5	16.3%
Germany	2.1	2.4	3.8	2.6	7.4%
United Kingdom	1.1	1.6	2.2	1.7	15.6%
France	1.0	0.5	1.5	1.3	9.1%
Saudi Arabia	0.6	1.0	1.1	0.7	5.3%
Italy	0.5	0.5	0.7	0.5	0.0%
Belgium	0.5	0.4	0.4	0.5	0.0%
United Arab Emirates	0.5	0.6	0.7	0.4	-7.2%
Others	4.6	4.1	5.9	4.1	-3.8%
Total	21.3	22.0	31.7	28.4	10.1%

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

United States (257.3K units)
United Arab Emirates (61.5K units)
Germany (35.1K units)
United Kingdom (24.6K units)
France (21.3K units)
Saudi Arabia (10.6K units)
Belgium (8.7K units)
Italy (8.1K units)

Knife and Scissors Imports in Pakistan

Knife and scissors imports into Pakistan expanded modestly to 110K units in 2022, with an increase of 3.7% against 2021. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +14.1% 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 +71.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 65% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, knife and scissors imports declined notably to $2M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +5.5% 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 +25.1% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 47% against the previous year. As a result, imports attained the peak of $2.4M, and then dropped sharply in the following year.

Import of Knife and Scissors in Pakistan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	1,497	1,437	1,965	1,681	3.9%
United Arab Emirates	88.4	58.2	238	222	35.9%
Thailand	32.9	36.2	25.1	20.8	-14.2%
Others	89.0	70.3	129	78.9	-3.9%
Total	1,707	1,601	2,357	2,003	5.5%

Top Suppliers of Knife and Scissors to Pakistan in 2022:

China (75.9K units)
United Arab Emirates (28.6K units)
Thailand (0.6K units)

Source: IndexBox Market Intelligence Platform

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

Pakistan

Data coverage:

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

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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