Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in India - 2023
Contents:
- Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in India (CIF) - 2022
- Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in India (FOB) - 2022
- Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in India
- Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in India
Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in India (CIF) - 2022
In 2022, the average import price for blades; cutting, serrated or not, excluding those of heading no. 8208s amounted to $0.9 per unit, jumping by 19% against the previous year. Over the period under review, the import price, however, continues to indicate a deep setback. The most prominent rate of growth was recorded in 2016 an increase of 38%. The import price peaked at $2.4 per unit in 2012; however, from 2013 to 2022, 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 the United States ($4.1 per unit), while the price for China ($0.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+3.8%), 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 India (FOB) - 2022
The average export price for blades; cutting, serrated or not, excluding those of heading no. 8208s stood at $2 per unit in 2022, growing by 21% against the previous year. Over the period under review, the export price, however, continues to indicate a slight setback. The growth pace was the most rapid in 2017 an increase of 179%. Over the period under review, the average export prices hit record highs at $2.6 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($7.1 per unit), while the average price for exports to Bangladesh ($0.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Fiji (+20.1%), 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 India
Imports of blades; cutting, serrated or not, excluding those of heading no. 8208s into India skyrocketed to 3.9M units in 2022, rising by 32% on the previous year. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +11.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 35% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of blades; cutting, serrated or not, excluding those of heading no. 8208s soared to $3.5M in 2022. In general, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,116 | 915 | 1,468 | 1,688 | 14.8% |
| Japan | 47.8 | 53.0 | 52.4 | 544 | 124.9% |
| Vietnam | 44.2 | N/A | N/A | 522 | 127.7% |
| Malaysia | 118 | 30.0 | 49.0 | 165 | 11.8% |
| South Korea | 3.9 | 24.9 | 13.3 | 50.5 | 134.8% |
| Others | 317 | 470 | 652 | 544 | 19.7% |
| Total | 1,647 | 1,493 | 2,234 | 3,513 | 28.7% |
Top Suppliers of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 to India in 2022:
- China (2897.5K units)
- Vietnam (429.8K units)
- Malaysia (216.8K units)
- Japan (148.3K units)
- South Korea (63.5K units)
Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in India
In 2022, exports of blades; cutting, serrated or not, excluding those of heading no. 8208s from India fell rapidly to 64K units, shrinking by -36.1% against the previous year. Overall, exports faced a sharp curtailment. The exports peaked at 992K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of blades; cutting, serrated or not, excluding those of heading no. 8208s fell remarkably to $126K in 2022. Over the period under review, exports continue to indicate a precipitous decrease. Over the period under review, the exports of reached the maximum at $2.1M 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 India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | N/A | 0.7 | 44.4 | 23.9 | 484.3% |
| Tanzania | N/A | N/A | 4.2 | 19.0 | 352.4% |
| Germany | 151 | 7.5 | 36.9 | 17.7 | -51.1% |
| United Arab Emirates | 14.5 | 56.9 | 14.6 | 9.8 | -12.2% |
| Australia | 0.1 | 0.1 | 0.1 | 8.5 | 339.7% |
| Canada | 4.4 | 0.4 | 2.4 | 5.2 | 5.7% |
| Sri Lanka | 4.5 | 2.0 | 9.2 | 5.0 | 3.6% |
| Nepal | 4.5 | 13.3 | 1.7 | 3.7 | -6.3% |
| Fiji | N/A | 6.3 | 0.6 | 2.0 | -43.7% |
| Bangladesh | 4.6 | 0.1 | 0.4 | 0.7 | -46.6% |
| New Zealand | N/A | 0.1 | N/A | 0.4 | 100.0% |
| United States | 1,868 | 186 | 6.5 | 0.3 | -94.6% |
| Others | 85.5 | 41.7 | 41.7 | 29.3 | -30.0% |
| Total | 2,137 | 315 | 163 | 126 | -61.1% |
Top Export Markets for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 from India in 2022:
- United Arab Emirates (21.5K units)
- Cote d'Ivoire (9.4K units)
- Tanzania (5.6K units)
- Australia (4.7K units)
- Canada (4.1K units)
- Bangladesh (3.1K units)
- Germany (2.5K units)
- Sri Lanka (2.0K units)
- Nepal (1.9K units)
- New Zealand (1.1K units)
- Fiji (1.1K units)
- United States (0.1K units)
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