Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Ethiopia - 2022
Contents:
- Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Ethiopia (CIF) - 2022
- Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Ethiopia (FOB) - 2022
- Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Ethiopia
- Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Ethiopia
Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Ethiopia (CIF) - 2022
In 2022, the average import price for blades; cutting, serrated or not, excluding those of heading no. 8208s amounted to $1 per unit, rising by 24% against the previous year. Over the period under review, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for blades; cutting, serrated or not, excluding those of heading no. 8208s increased by +72.0% against 2019 indices. The pace of growth was the most pronounced in 2013 when the average import price increased by 48%. As a result, import price attained the peak level of $1.4 per unit. From 2014 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($7 per unit), while the price for Vietnam ($0.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+10.4%), 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 Ethiopia (FOB) - 2022
The average export price for blades; cutting, serrated or not, excluding those of heading no. 8208s stood at $2.8 per unit in 2022, reducing by -6% against the previous year. Overall, the export price recorded a mild shrinkage. The growth pace was the most rapid in 2013 an increase of 182%. As a result, the export price attained the peak level of $9.4 per unit. From 2014 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Italy.
From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to +532.1% per year.
Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Ethiopia
For the third consecutive year, Ethiopia recorded decline in purchases abroad of blades; cutting, serrated or not, excluding those of heading no. 8208s, which decreased by -98.1% to 5.5K units in 2022. In general, imports showed a significant curtailment. The smallest decline of -35.5% was in 2021. Over the period under review, imports of attained the peak figure at 691K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of blades; cutting, serrated or not, excluding those of heading no. 8208s contracted significantly to $5.7K in 2022. Overall, imports saw a dramatic shrinkage. The smallest decline of -15.5% was in 2021. Over the period under review, imports of attained the peak figure at $413K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 246 | 144 | 102 | 2.1 | -79.6% |
| India | 9.5 | 8.3 | 12.5 | 0.7 | -58.1% |
| Portugal | 8.8 | 9.6 | 10.9 | 0.3 | -67.6% |
| Italy | 25.0 | 61.9 | 41.8 | 0.2 | -80.0% |
| France | 4.3 | 6.4 | 6.8 | 0.2 | -64.0% |
| Vietnam | 8.3 | 5.8 | 4.2 | 0.1 | -77.1% |
| South Korea | 15.4 | N/A | 0.5 | 0.1 | -81.3% |
| Others | 96.0 | 43.3 | 58.1 | 2.0 | -72.5% |
| Total | 413 | 280 | 236 | 5.7 | -76.0% |
Top Suppliers of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 to Ethiopia in 2022:
- China (2701.0 units)
- Portugal (660.0 units)
- India (609.0 units)
- Italy (351.0 units)
- France (252.0 units)
- Vietnam (205.0 units)
- South Korea (128.0 units)
Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Ethiopia
In 2022, the amount of blades; cutting, serrated or not, excluding those of heading no. 8208s exported from Ethiopia soared to 173 units, increasing by 26% compared with the year before. Over the period under review, exports, however, showed a deep contraction. Over the period under review, the exports of reached the maximum at 273 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of blades; cutting, serrated or not, excluding those of heading no. 8208s surged to $482 in 2022. Overall, exports, however, saw a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 23%. Over the period under review, the exports of reached the maximum at $578 in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Ethiopia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 578 | 83.0 | 400 | 482 | -5.9% |
| Cameroon | N/A | N/A | 2.0 | N/A | 0% |
| Thailand | N/A | 31.0 | N/A | N/A | 0% |
| Rwanda | N/A | 217 | N/A | N/A | 0% |
| Others | N/A | N/A | 4.0 | N/A | 0% |
| Total | 578 | 331 | 406 | 482 | -5.9% |
Top Export Markets for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 from Ethiopia in 2022:
- Italy (173.0 units)
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