Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Hong Kong SAR - 2023
Contents:
- Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Hong Kong SAR (FOB) - 2022
- Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Hong Kong SAR (CIF) - 2022
- Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Hong Kong SAR
- Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Hong Kong SAR
Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Hong Kong SAR (FOB) - 2022
The average export price for blades; cutting, serrated or not, excluding those of heading no. 8208s stood at $2.9 per unit in 2022, dropping by -10.2% against the previous year. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 21%. Over the period under review, the average export prices reached the peak figure at $3.5 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($2.9 per unit), while the average price for exports to China stood at $2.9 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-0.4%), while the prices for the other major destinations experienced a decline.
Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Hong Kong SAR (CIF) - 2022
The average import price for blades; cutting, serrated or not, excluding those of heading no. 8208s stood at $2 per unit in 2022, shrinking by -18.3% against the previous year. Overall, the import price recorded a perceptible curtailment. The growth pace was the most rapid in 2019 when the average import price increased by 9.7% against the previous year. The import price peaked at $2.7 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($2 per unit), while the price for Germany ($2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-2.6%), while the prices for the other major suppliers experienced a decline.
Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Hong Kong SAR
Exports of blades; cutting, serrated or not, excluding those of heading no. 8208s from Hong Kong SAR skyrocketed to 437K units in 2022, jumping by 47% against 2021 figures. In general, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 71% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in years to come.
In value terms, exports of blades; cutting, serrated or not, excluding those of heading no. 8208s soared to $1.3M in 2022. Overall, exports posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 69%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.
| Export of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 296 | 509 | 880 | 1,193 | 59.1% |
| United States | 40.6 | 43.2 | 44.0 | 27.0 | -12.7% |
| Others | 43.2 | 16.5 | 39.8 | 49.4 | 4.6% |
| Total | 380 | 569 | 963 | 1,270 | 49.5% |
Top Export Markets for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 from Hong Kong SAR in 2022:
- China (410.8K units)
- United States (9.3K units)
Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Hong Kong SAR
In 2022, supplies from abroad of blades; cutting, serrated or not, excluding those of heading no. 8208s was finally on the rise to reach 193K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a dramatic contraction. Over the period under review, imports of reached the peak figure at 385K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of blades; cutting, serrated or not, excluding those of heading no. 8208s expanded notably to $383K in 2022. Over the period under review, imports, however, continue to indicate a sharp curtailment. Over the period under review, imports of reached the peak figure at $853K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 215 | 250 | 302 | 343 | 16.8% |
| China | 566 | 389 | 54.4 | 28.4 | -63.1% |
| Germany | 61.2 | 73.7 | N/A | 11.1 | -43.4% |
| Others | 10.9 | 4.6 | N/A | N/A | -57.8% |
| Total | 853 | 718 | 357 | 383 | -23.4% |
Top Suppliers of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 to Hong Kong SAR in 2022:
- Japan (172.7K units)
- China (14.3K units)
- Germany (5.6K units)
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