Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Belgium - 2023
Contents:
- Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Belgium (CIF) - 2023
- Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Belgium (FOB) - 2023
- Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Belgium
- Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Belgium
Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Belgium (CIF) - 2023
The average import price for blades; cutting, serrated or not, excluding those of heading no. 8208s stood at $1.6 per unit in December 2023, growing by 7.6% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 35% month-to-month. Over the period under review, average import prices attained the peak figure at $1.9 per unit in June 2023; however, from July 2023 to December 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($6.3 per unit), while the price for China ($877 per thousand units) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the UK (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Belgium (FOB) - 2023
The average export price for blades; cutting, serrated or not, excluding those of heading no. 8208s stood at $2.3 per unit in December 2023, with an increase of 2.1% against the previous month. In general, the export price recorded a notable expansion. The most prominent rate of growth was recorded in May 2023 an increase of 186% month-to-month. Over the period under review, the average export prices attained the maximum in December 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($3.1 per unit), while the average price for exports to Ukraine ($597 per thousand units) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Belgium
Imports of blades; cutting, serrated or not, excluding those of heading no. 8208s into Belgium surged to 5.8M units in 2022, picking up by 53% compared with the previous year's figure. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +19.7% 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 +71.5% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of blades; cutting, serrated or not, excluding those of heading no. 8208s rose slightly to $7M in 2022. The total import value increased at an average annual rate of +9.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 2,916 | 2,701 | 2,927 | 2,500 | -5.0% |
| Germany | 965 | 1,157 | 1,247 | 1,239 | 8.7% |
| China | 485 | 233 | 531 | 723 | 14.2% |
| France | 121 | 182 | 279 | 596 | 70.1% |
| Netherlands | 178 | 297 | 306 | 510 | 42.0% |
| United States | 328 | 393 | 654 | 501 | 15.2% |
| Hong Kong SAR | 75.3 | 349 | 521 | 259 | 51.0% |
| Others | 254 | 263 | 345 | 688 | 39.4% |
| Total | 5,323 | 5,575 | 6,810 | 7,016 | 9.6% |
Top Suppliers of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 to Belgium in 2022:
- United Kingdom (2847.7K units)
- China (1067.0K units)
- Germany (790.3K units)
- France (347.8K units)
- Netherlands (318.4K units)
- United States (119.3K units)
- Hong Kong SAR (97.2K units)
Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Belgium
For the fourth year in a row, Belgium recorded growth in overseas shipments of blades; cutting, serrated or not, excluding those of heading no. 8208s, which increased by 20% to 4M units in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +13.9% 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 +47.9% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of blades; cutting, serrated or not, excluding those of heading no. 8208s totaled $6.5M in 2022. The total export value increased at an average annual rate of +8.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 18%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1,470 | 1,403 | 1,860 | 2,010 | 11.0% |
| Netherlands | 907 | 987 | 1,082 | 1,022 | 4.1% |
| Germany | 831 | 774 | 317 | 729 | -4.3% |
| Italy | 67.0 | 116 | 536 | 517 | 97.6% |
| United Arab Emirates | 160 | 204 | 79.8 | 300 | 23.3% |
| Poland | 211 | 268 | 356 | 288 | 10.9% |
| Spain | 118 | 153 | 228 | 286 | 34.3% |
| United Kingdom | 227 | 236 | 288 | 129 | -17.2% |
| Sweden | 207 | 229 | 448 | 125 | -15.5% |
| South Africa | 124 | 116 | 156 | 105 | -5.4% |
| Luxembourg | 72.0 | 83.3 | 93.0 | 93.6 | 9.1% |
| Turkey | 38.0 | 58.3 | 81.2 | 80.9 | 28.6% |
| Others | 659 | 713 | 759 | 802 | 6.8% |
| Total | 5,092 | 5,339 | 6,284 | 6,488 | 8.4% |
Top Export Markets for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 from Belgium in 2022:
- France (1347.5K units)
- Netherlands (689.6K units)
- Germany (446.1K units)
- Italy (320.4K units)
- Poland (177.8K units)
- Spain (169.2K units)
- United Arab Emirates (158.2K units)
- Turkey (75.8K units)
- South Africa (71.2K units)
- Luxembourg (62.2K units)
- United Kingdom (52.4K units)
- Sweden (43.8K units)
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