Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Lithuania - 2023
Contents:
- Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Lithuania (CIF) - 2022
- Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Lithuania (FOB) - 2022
- Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Lithuania
- Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Lithuania
Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Lithuania (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, surging by 11% against the previous year. Over the period under review, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for blades; cutting, serrated or not, excluding those of heading no. 8208s increased by +37.2% against 2017 indices. The pace of growth appeared the most rapid in 2015 an increase of 122% against the previous year. As a result, import price reached the peak level of $2.1 per unit. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
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 the UK ($5.9 per unit), while the price for China ($0.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+8.3%), 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 Lithuania (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, with an increase of 23% against the previous year. Overall, the export price recorded a modest expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 60%. Over the period under review, the average export prices reached the maximum at $6.5 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Armenia ($7.2 per unit), while the average price for exports to Latvia ($1.7 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 Belarus (+5.3%), 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 Lithuania
Imports of blades; cutting, serrated or not, excluding those of heading no. 8208s into Lithuania declined slightly to 351K units in 2022, dropping by -3.4% against the previous year's figure. The total import volume increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 29%. As a result, imports reached the peak of 363K units, and then declined in the following year.
In value terms, imports of blades; cutting, serrated or not, excluding those of heading no. 8208s expanded remarkably to $696K in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +10.6% 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 +49.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 40% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 157 | 147 | 219 | 243 | 15.7% |
| Germany | 72.0 | 67.4 | 104 | 129 | 21.5% |
| China | 65.7 | 69.1 | 92.2 | 99.4 | 14.8% |
| United Kingdom | 17.1 | 35.6 | 21.8 | 53.0 | 45.8% |
| Latvia | 27.9 | 24.9 | 33.9 | 40.3 | 13.0% |
| Estonia | 12.7 | 21.6 | 38.1 | 38.8 | 45.1% |
| Belgium | 52.9 | 47.0 | 76.8 | 37.6 | -10.8% |
| Others | 109 | 52.4 | 67.0 | 55.4 | -20.2% |
| Total | 514 | 465 | 652 | 696 | 10.6% |
Top Suppliers of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 to Lithuania in 2022:
- China (132.9K units)
- Poland (108.4K units)
- Latvia (43.1K units)
- Germany (29.1K units)
- Estonia (9.1K units)
- United Kingdom (8.9K units)
- Belgium (8.5K units)
Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Lithuania
In 2022, the amount of blades; cutting, serrated or not, excluding those of heading no. 8208s exported from Lithuania skyrocketed to 90K units, jumping by 89% compared with the previous year's figure. Overall, exports showed a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of blades; cutting, serrated or not, excluding those of heading no. 8208s soared to $333K in 2022. Over the period under review, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 134 | 49.1 | 49.9 | 206 | 15.4% |
| Poland | 0.3 | 0.1 | 0.5 | 44.7 | 430.1% |
| Latvia | 25.9 | 32.1 | 20.7 | 21.3 | -6.3% |
| Belarus | 12.4 | 22.4 | 37.8 | 16.4 | 9.8% |
| Armenia | N/A | N/A | N/A | 13.3 | 0% |
| Estonia | 10.7 | 6.5 | 9.2 | 12.0 | 3.9% |
| Others | 9.5 | 10.6 | 25.3 | 19.7 | 27.5% |
| Total | 193 | 121 | 143 | 333 | 19.9% |
Top Export Markets for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 from Lithuania in 2022:
- Russia (35.4K units)
- Poland (24.3K units)
- Latvia (12.7K units)
- Estonia (6.6K units)
- Belarus (5.2K units)
- Armenia (1.8K units)
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