Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Israel - 2024
Contents:
- Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Israel (FOB) - 2022
- Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Israel (CIF) - 2022
- Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Israel
- Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Israel
Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Israel (FOB) - 2022
The average export price for blades; cutting, serrated or not, excluding those of heading no. 8208s stood at $3.7 per unit in 2022, rising by 15% against the previous year. Over the period under review, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for blades; cutting, serrated or not, excluding those of heading no. 8208s increased by +38.0% against 2019 indices. The pace of growth was the most pronounced in 2017 an increase of 84% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($7.3 per unit), while the average price for exports to the United States ($3 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 Russia (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Israel (CIF) - 2022
The average import price for blades; cutting, serrated or not, excluding those of heading no. 8208s stood at $2.2 per unit in 2022, with a decrease of -7.8% against the previous year. In general, the import price showed a mild decline. The pace of growth was the most pronounced in 2019 when the average import price increased by 9.7%. Over the period under review, average import prices hit record highs at $2.7 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Japan ($2.2 per unit) and China ($2.2 per unit), while the price for Italy ($2.2 per unit) and the UK ($2.2 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-1.9%), 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 Israel
Exports of blades; cutting, serrated or not, excluding those of heading no. 8208s from Israel contracted dramatically to 1M units in 2022, which is down by -21% against the previous year. Overall, exports recorded a significant curtailment. The growth pace was the most rapid in 2021 when exports increased by 24% against the previous year. The exports peaked at 2.8M 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 declined to $3.8M in 2022. Over the period under review, exports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 25%. Over the period under review, the exports of attained the peak figure at $7.4M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,714 | 1,015 | 1,694 | 2,306 | 10.4% |
| Russia | 4,963 | 1.0 | N/A | 1,190 | -37.9% |
| Italy | 257 | 267 | 98.0 | 112 | -24.2% |
| United Kingdom | 2.0 | 1,179 | 4.0 | 9.0 | 65.1% |
| Japan | 7.0 | 44.0 | 379 | N/A | 635.8% |
| Belgium | 3.0 | N/A | 483 | N/A | 1168.9% |
| China | 7.0 | N/A | 1,145 | N/A | 1179.0% |
| Others | 486 | 862 | 417 | 220 | -23.2% |
| Total | 7,439 | 3,368 | 4,220 | 3,837 | -19.8% |
Top Export Markets for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 from Israel in 2022:
- United States (777.7K units)
- Russia (164.1K units)
- Italy (33.9K units)
- United Kingdom (2.8K units)
Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Israel
In 2022, imports of blades; cutting, serrated or not, excluding those of heading no. 8208s into Israel expanded notably to 419K units, with an increase of 11% against 2021 figures. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +15.1% 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 +52.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 21%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of blades; cutting, serrated or not, excluding those of heading no. 8208s amounted to $939K in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +15.5% 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 +54.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 28%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 257 | 269 | 395 | 297 | 4.9% |
| China | 135 | 106 | 299 | 268 | 25.7% |
| United States | 70.0 | 36.0 | 28.0 | 112 | 17.0% |
| Germany | 89.0 | 125 | 51.0 | 59.0 | -12.8% |
| Taiwan (Chinese) | 11.0 | 23.0 | 36.0 | 50.0 | 65.7% |
| Hong Kong SAR | N/A | 5.0 | N/A | 50.0 | 216.2% |
| Italy | 3.0 | 9.0 | 12.0 | 18.0 | 81.7% |
| United Kingdom | 32.0 | 11.0 | 21.0 | 13.0 | -25.9% |
| Belgium | 1.0 | 74.0 | 1.0 | 5.0 | 71.0% |
| Others | 11.0 | 60.0 | 78.0 | 67.0 | 82.6% |
| Total | 609 | 718 | 921 | 939 | 15.5% |
Top Suppliers of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 to Israel in 2022:
- Japan (132.5K units)
- China (119.5K units)
- United States (50.0K units)
- Germany (26.3K units)
- Taiwan (Chinese) (22.3K units)
- Hong Kong SAR (22.3K units)
- Italy (8.0K units)
- United Kingdom (5.8K units)
- Belgium (2.2K units)
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