Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Bangladesh - 2022
Contents:
- Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Bangladesh (CIF) - 2022
- Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Bangladesh (FOB) - 2022
- Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Bangladesh
- Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Bangladesh
Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Bangladesh (CIF) - 2022
In 2022, the average import price for blades; cutting, serrated or not, excluding those of heading no. 8208s amounted to $0.8 per unit, waning by -2.1% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 56%. Over the period under review, average import prices reached the maximum at $0.8 per unit in 2021, and then declined slightly in the following year.
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 Singapore ($2 per unit), while the price for India ($0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+13.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Bangladesh (FOB) - 2022
In 2022, the average export price for blades; cutting, serrated or not, excluding those of heading no. 8208s amounted to $6.9 per unit, surging by 66% against the previous year. In general, the export price posted a strong expansion. The pace of growth was the most pronounced in 2020 when the average export price increased by 416%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Switzerland.
From 2012 to 2022, the rate of growth in terms of prices for Switzerland amounted to +17.8% per year.
Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Bangladesh
In 2022, after three years of growth, there was significant decline in supplies from abroad of blades; cutting, serrated or not, excluding those of heading no. 8208s, when their volume decreased by -29.6% to 372K units. In general, imports recorded a deep contraction. The pace of growth was the most pronounced in 2021 when imports increased by 14% against the previous year. As a result, imports attained the peak of 529K units, and then declined significantly in the following year.
In value terms, imports of blades; cutting, serrated or not, excluding those of heading no. 8208s contracted significantly to $304K in 2022. Overall, total imports indicated a mild expansion from 2019 to 2022: its value increased at an average annual rate of +1.8% 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 24%. Imports peaked at $441K in 2021, and then shrank remarkably in the following year.
| Import of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 210 | 300 | 351 | 261 | 7.5% |
| Taiwan (Chinese) | 16.0 | 22.3 | 13.2 | 4.6 | -34.0% |
| India | 4.4 | 0.1 | 0.4 | 0.7 | -45.8% |
| Others | 56.8 | 34.6 | 76.5 | 37.7 | -12.8% |
| Total | 288 | 357 | 441 | 304 | 1.8% |
Top Suppliers of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 to Bangladesh in 2022:
- China (351.4K units)
- Taiwan (Chinese) (7.4K units)
- India (4.5K units)
Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Bangladesh
For the third year in a row, Bangladesh recorded decline in overseas shipments of blades; cutting, serrated or not, excluding those of heading no. 8208s, which decreased by -35.9% to 25 units in 2022. In general, exports recorded a dramatic decline. The exports peaked at 1.1K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of blades; cutting, serrated or not, excluding those of heading no. 8208s reached $172 in 2022. Over the period under review, exports showed a dramatic slump. Over the period under review, the exports of hit record highs at $792 in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Bangladesh (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 45.0 | 52.0 | 162 | 172 | 56.4% |
| Austria | N/A | 249 | N/A | N/A | 0% |
| Cambodia | 690 | N/A | N/A | N/A | 0% |
| Canada | 57.0 | N/A | N/A | N/A | 0% |
| Others | N/A | 13.0 | N/A | N/A | 0% |
| Total | 792 | 314 | 162 | 172 | -39.9% |
Top Export Markets for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 from Bangladesh in 2022:
- Switzerland (25.0 units)
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