Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Japan - 2023
Contents:
- Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Japan (FOB) - 2023
- Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Japan (CIF) - 2022
- Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Japan
- Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Japan
Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Japan (FOB) - 2023
The average export price for blades; cutting, serrated or not, excluding those of heading no. 8208s stood at $2.3 per unit in November 2023, rising by 6.1% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 10% m-o-m. As a result, the export price attained the peak level of $2.6 per unit. From April 2023 to November 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was India ($3.5 per unit), while the average price for exports to the Netherlands ($740 per thousand units) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+1.1%), 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 Japan (CIF) - 2022
In 2022, the average import price for blades; cutting, serrated or not, excluding those of heading no. 8208s amounted to $1.5 per unit, dropping by -22.3% against the previous year. Over the period under review, the import price saw a mild setback. The most prominent rate of growth was recorded in 2021 an increase of 19% against the previous year. As a result, import price reached the peak level of $2 per unit, and then fell markedly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1.7 per unit), while the price for Vietnam amounted to $0.8 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+20.9%), 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 Japan
In 2022, the amount of blades; cutting, serrated or not, excluding those of heading no. 8208s exported from Japan dropped to 11M units, with a decrease of -5.9% compared with the previous year's figure. The total export volume increased at an average annual rate of +4.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 35% against the previous year. As a result, the exports reached the peak of 11M units, and then shrank in the following year.
In value terms, exports of blades; cutting, serrated or not, excluding those of heading no. 8208s contracted sharply to $26M in 2022. Overall, exports saw a slight decline. The most prominent rate of growth was recorded in 2021 with an increase of 27%. As a result, the exports attained the peak of $32M, and then declined significantly in the following year.
| Export of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 0.1 | 2.8 | 10.8 | 9.1 | 349.8% |
| China | 1.1 | 0.9 | 1.3 | 1.6 | 13.3% |
| Netherlands | 1.4 | 1.4 | 1.8 | 1.5 | 2.3% |
| Thailand | 1.2 | 0.9 | 1.3 | 1.0 | -5.9% |
| South Korea | 0.8 | 0.9 | 1.3 | 0.8 | 0.0% |
| Taiwan (Chinese) | 0.8 | 0.7 | 0.8 | 0.7 | -4.4% |
| Mexico | 0.5 | 0.3 | 0.5 | 0.7 | 11.9% |
| Germany | 0.8 | 0.9 | 1.1 | 0.7 | -4.4% |
| Russia | 0.9 | 0.5 | 0.7 | 0.6 | -12.6% |
| Sweden | 0.6 | 0.6 | 1.0 | 0.6 | 0.0% |
| Saudi Arabia | 0.6 | 0.3 | 0.7 | 0.5 | -5.9% |
| United Arab Emirates | 0.7 | 0.3 | 0.8 | 0.5 | -10.6% |
| Hong Kong SAR | 2.1 | 1.5 | 1.7 | 0.5 | -38.0% |
| Others | 15.6 | 13.0 | 7.9 | 6.8 | -24.2% |
| Total | 27.0 | 24.8 | 31.6 | 25.6 | -1.8% |
Top Export Markets for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 from Japan in 2022:
- Canada (3723.2K units)
- Netherlands (1194.8K units)
- China (467.8K units)
- Thailand (318.7K units)
- Taiwan (Chinese) (298.4K units)
- South Korea (281.3K units)
- Sweden (278.8K units)
- Germany (259.1K units)
- Mexico (254.9K units)
- Russia (249.3K units)
- United Arab Emirates (241.0K units)
- Saudi Arabia (225.3K units)
- Hong Kong SAR (193.8K units)
Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Japan
In 2022, imports of blades; cutting, serrated or not, excluding those of heading no. 8208s into Japan expanded to 1.6M units, increasing by 2.2% compared with the previous year's figure. The total import volume increased at an average annual rate of +4.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 6.7%. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of blades; cutting, serrated or not, excluding those of heading no. 8208s shrank significantly to $2.5M in 2022. The total import value increased at an average annual rate of +1.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 24% against the previous year. As a result, imports attained the peak of $3.1M, and then reduced markedly in the following year.
| Import of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.0 | 2.0 | 2.8 | 1.9 | -1.7% |
| Vietnam | 0.2 | 0.4 | 0.1 | 0.4 | 26.0% |
| Others | 0.2 | 0.1 | 0.2 | 0.2 | 0.0% |
| Total | 2.4 | 2.5 | 3.1 | 2.5 | 1.4% |
Top Suppliers of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 to Japan in 2022:
- China (1134.1K units)
- Vietnam (465.3K units)
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