Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Ireland - 2023

Contents:

  1. Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Ireland (CIF) - 2023
  2. Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Ireland (FOB) - 2022
  3. Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Ireland
  4. Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Ireland

Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Ireland (CIF) - 2023

In December 2023, the average import price for blades; cutting, serrated or not, excluding those of heading no. 8208s amounted to $3.0 per unit, approximately equating the previous month. In general, the import price continues to indicate a slight decrease. The pace of growth was the most pronounced in August 2023 an increase of 94% m-o-m. As a result, import price reached the peak level of $5.8 per unit. From September 2023 to December 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Germany ($5.1 per unit), while the price for China ($1.7 per unit) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+10.8%), 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 Ireland (FOB) - 2022

In 2022, the average export price for blades; cutting, serrated or not, excluding those of heading no. 8208s amounted to $5.3 per unit, falling by -37.1% against the previous year. In general, the export price saw a slight contraction. The most prominent rate of growth was recorded in 2021 an increase of 212%. Over the period under review, the average export prices hit record highs at $10 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($7.6 per unit), while the average price for exports to the UK stood at $5 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+45.7%), 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 Ireland

In 2022, approx. 418K units of blades; cutting, serrated or not, excluding those of heading no. 8208s were imported into Ireland; which is down by -23.3% against the year before. In general, imports showed a abrupt downturn. The smallest decline of -7.1% was in 2020. Imports peaked at 792K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of blades; cutting, serrated or not, excluding those of heading no. 8208s fell dramatically to $1.2M in 2022. Overall, imports continue to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year. As a result, imports reached the peak of $1.5M, and then dropped remarkably in the following year.

Import of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom844886633650-8.3%
China40.347.820920371.4%
Germany25.521126914277.2%
United States66.673.298.578.95.8%
Denmark7.582.41679.06.3%
Others33579.516784.8-36.7%
Total1,3191,3801,5431,168-4.0%

Top Suppliers of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 to Ireland in 2022:

  1. United Kingdom (235.6K units)
  2. China (135.2K units)
  3. United States (16.4K units)
  4. Germany (12.8K units)
  5. Denmark (2.6K units)

Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Ireland

In 2022, overseas shipments of blades; cutting, serrated or not, excluding those of heading no. 8208s decreased by -61.9% to 15K units, falling for the second year in a row after two years of growth. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 233% against the previous year. As a result, the exports reached the peak of 49K units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of blades; cutting, serrated or not, excluding those of heading no. 8208s shrank markedly to $77K in 2022. Over the period under review, exports showed a deep contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 145% against the previous year. As a result, the exports attained the peak of $322K, and then shrank rapidly in the following year.

Export of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom0.38.980.666.5505.2%
United States43.52.19.17.2-45.1%
Argentina4.263.6N/AN/A1414.3%
JapanN/A32.5N/AN/A0%
United Arab EmiratesN/A14.017.8N/A27.1%
Mexico76.2N/AN/AN/A0%
IsraelN/AN/A204N/A0%
Others7.410.410.23.6-21.4%
Total13213232277.2-16.4%

Top Export Markets for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 from Ireland in 2022:

  1. United Kingdom (13.3K units)
  2. United States (0.9K units)

Source: IndexBox Market Intelligence Platform

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Free Data: Blades; cutting, serrated or not, excluding those of heading no. 8208 - Ireland